Vodafone Group sells 18% stake in Indus Towers for ₹15,300 crore; proceeds won't go to Vodafone Idea
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Vodafone Group sells 18% stake in Indus Towers for ₹15,300 crore; proceeds won't go to Vodafone Idea
Vodafone Group Plc’s 18% stake sale in Indus Towers for ₹15,300 crore is unlikely to benefit its Indian arm Vodafone Idea as proceeds from the sale would be routed towards paying the UK-based carrier’s lenders.
How SoftBank-backed ElasticRun has revamped its strategy to improve margins, hit profitability
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How SoftBank-backed ElasticRun has revamped its strategy to improve margins, hit profitability
Working with multiple regional brands instead of a few national ones has helped the company multiply how much money it makes from each transaction
INDmoney: Track, Invest, Grow
Vedanta to raise ₹1,000 crore via private placement of Non-convertible debentures listed on BSE.
Stock jumps more than 6% intraday.
#INDmoney: Track, Invest, Grow
Vedanta to raise ₹1,000 crore via private placement of Non-convertible debentures listed on BSE.
Stock jumps more than 6% intraday.
#INDmoney: Track, Invest, Grow
INDmoney: Track, Invest, Grow
Shares of CE Info Systems (MapMyIndia) Ltd. surged 20% intraday after Goldman Sachs initiated coverage with a 'buy' rating.
It holds a 95% market share in the Indian mapping and navigation industry.
#INDmoney: Track, Invest, Grow
Shares of CE Info Systems (MapMyIndia) Ltd. surged 20% intraday after Goldman Sachs initiated coverage with a 'buy' rating.
It holds a 95% market share in the Indian mapping and navigation industry.
#INDmoney: Track, Invest, Grow
INDmoney: Track, Invest, Grow
👉 Stock indices ended in green; banks & fertilizer stocks led gainers
👉 Selling hit auto, pharma, and PSU banks; buying boosted metal, capital goods, realty, and oil & gas
NIFTY: 23,567 (⬆️0.22%)
SENSEX: 77,478.93 (⬆️0.18%)
Fertilizers & Chemicals Travancore (⬆️ 20%) Surges, erasing yearly losses, now valued at ₹70,000 crore
Rashtriya Chemicals & Fertilizers (⬆️ 20%) Jumps after ₹257 crore block deal, hints at undervaluation
MapmyIndia (C.E. Info Systems) (⬆️ 20%) Gets a Buy rating from Goldman Sachs, with a target price of ₹2,800
Chambal Fertilisers & Chemicals (⬆️ 19.29%) Ownership by private companies leads to a market cap of ₹187B
Best Agrolife (⬆️ 14.31%) Subsidiary gets license for insecticide manufacturing, boosting stock."
PNB Housing Finance (🔻5.74%) Stake sale by Asia Opportunities Fund and General Atlantic could pressure stock prices
Azad Engineering (🔻2.74%) Sachin Tendulkar's investment grows 14.56 times, showcasing stock's strong performance
Vodafone Idea (🔻2.3%) Struggles continue with net loss and subscriber loss reported
Blue Dart Express (🔻1.98%) Innovates with drone deliveries, boosting efficiency and eco-friendliness
Tata Technologies (🔻1.67%) Faces sell call from Goldman Sachs amid revenue concerns
#INDmoney: Track, Invest, Grow
👉 Stock indices ended in green; banks & fertilizer stocks led gainers
👉 Selling hit auto, pharma, and PSU banks; buying boosted metal, capital goods, realty, and oil & gas
NIFTY: 23,567 (⬆️0.22%)
SENSEX: 77,478.93 (⬆️0.18%)
Fertilizers & Chemicals Travancore (⬆️ 20%) Surges, erasing yearly losses, now valued at ₹70,000 crore
Rashtriya Chemicals & Fertilizers (⬆️ 20%) Jumps after ₹257 crore block deal, hints at undervaluation
MapmyIndia (C.E. Info Systems) (⬆️ 20%) Gets a Buy rating from Goldman Sachs, with a target price of ₹2,800
Chambal Fertilisers & Chemicals (⬆️ 19.29%) Ownership by private companies leads to a market cap of ₹187B
Best Agrolife (⬆️ 14.31%) Subsidiary gets license for insecticide manufacturing, boosting stock."
PNB Housing Finance (🔻5.74%) Stake sale by Asia Opportunities Fund and General Atlantic could pressure stock prices
Azad Engineering (🔻2.74%) Sachin Tendulkar's investment grows 14.56 times, showcasing stock's strong performance
Vodafone Idea (🔻2.3%) Struggles continue with net loss and subscriber loss reported
Blue Dart Express (🔻1.98%) Innovates with drone deliveries, boosting efficiency and eco-friendliness
Tata Technologies (🔻1.67%) Faces sell call from Goldman Sachs amid revenue concerns
#INDmoney: Track, Invest, Grow
Accenture Q3 results: Revenue touches $16.5 billion, cash dividend at $1.29 per share
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Accenture Q3 results: Revenue touches $16.5 billion, cash dividend at $1.29 per share
The company announced a quarterly cash dividend of $1.29 per share, marking a 15 per cent increase compared to the previous dividend payout.
More states expected to roll out Inflation Reduction Act energy-efficiency rebates this summer
Finance
Finance
CNBC
More states expected to roll out Inflation Reduction Act energy-efficiency rebates this summer
New York was the first state to launch a consumer rebate program created by the Inflation Reduction Act.
INDmoney: Track, Invest, Grow
Global Market Buzz | June 20, 2024
🇺🇸 US Market News:
▪️ PayPal hires Walmart executive Srini Venkatesan as chief technology officer in AI push
▪️ Accenture Q3 results: Revenue touches $16.5 billion, reflecting a 1% decrease in U.S. dollars but a 1.4% increase in local currency
📅 What to Watch Today:
▪️ Investors are closely watching for remarks from Richmond Fed President Thomas Barkin and San Francisco Fed President Mary Daly on recent inflation reports.
💡 Fun Fact:
▪️ The "Monkey Business" Index is a fun way to guess market trends in Thailand by watching monkeys at a coconut plantation.
Active monkeys picking coconuts signal a strong market, while lazy monkeys suggest a weak one. It's not scientific, but some follow it for fun.
#INDmoney: Track, Invest, Grow
Global Market Buzz | June 20, 2024
🇺🇸 US Market News:
▪️ PayPal hires Walmart executive Srini Venkatesan as chief technology officer in AI push
▪️ Accenture Q3 results: Revenue touches $16.5 billion, reflecting a 1% decrease in U.S. dollars but a 1.4% increase in local currency
📅 What to Watch Today:
▪️ Investors are closely watching for remarks from Richmond Fed President Thomas Barkin and San Francisco Fed President Mary Daly on recent inflation reports.
💡 Fun Fact:
▪️ The "Monkey Business" Index is a fun way to guess market trends in Thailand by watching monkeys at a coconut plantation.
Active monkeys picking coconuts signal a strong market, while lazy monkeys suggest a weak one. It's not scientific, but some follow it for fun.
#INDmoney: Track, Invest, Grow
INDmoney: Track, Invest, Grow
ESOPs is the new buzzword in job offers, but cashing in on them isn't always straightforward.
In the latest edition of INDclassroom, we break down how ESOPs work.
Tap to learn more 👇
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https://www.instagram.com/p/C8cTKM4qWmh/?img_index=1
#INDmoney: Track, Invest, Grow
ESOPs is the new buzzword in job offers, but cashing in on them isn't always straightforward.
In the latest edition of INDclassroom, we break down how ESOPs work.
Tap to learn more 👇
.
.
.
https://www.instagram.com/p/C8cTKM4qWmh/?img_index=1
#INDmoney: Track, Invest, Grow
Sebi confirms bar against JM Financial from taking new mandates amidst lapses in debt issue
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Sebi confirms bar against JM Financial from taking new mandates amidst lapses in debt issue
Sebi's order confirmed its interim order passed on 7 March after the market regulator recorded serious regulatory lapses during an instance where the company acted as a lead manager for a public issue