Adani-Hindenburg Row: SC Adjourns Hearing of SEBI’s Plea to Extend Investigation
The Supreme Court on Monday postponed the Adani-Hindenburg case. The hearing could not occur on Monday due to time constraints and a scheduled hearing on...
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Cholamandalam Investment Shares Rise 9% After March Quarter Earnings Beat Estimations
On May 4, Murugappa Group firm Cholamandalam Investment and Finance Company’s shares soared nearly 9% after the company reported better earnings. The robust growth in disbursals...
Welspun India Shares Jump 20% as Investors Cheer Buyback Plan, Strong Q4 Results
Shares of Welspun India hit a 52-week high of Rs 104.90 in intraday trade on Tuesday, up 20% in the BSE index, boosted by heavy...
Adidas Hit with Investor Lawsuit Over Collapse of Partnership with Ye
Adidas AG is being sued by investors who claim the German sports giant knew the risks of working with Ye long before his anti-Semitic comments...
140% YoY Net Profit Jump and Buyback at 38% Premium, Win-Win for Welspun Investors
Welspun India’s stock soared on April 27 after the company approved an earlier request for a buyback of shares and announced a 140% YoY increase...
RVNL is Now Navratna PSU, Shares Doubled Investor Money in 1 Year
Rail Vikas Nigam Ltd (RVNL) has announced that the Railway PSU has been upgraded to Navratna Central Public Sector Enterprise (CPSE). RVNL will now be...
Aptech Ltd Hits New All-Time High After 15 Years, Rekha Jhunjhunwala also an Investor
In Wednesday’s intraday trade, Aptech shares rose 6% to a new high of Rs 455. The stock has risen 11% in the last two trading...
Nike, Adidas Shoemaker Pou Chen to Invest Nearly $281 Million in India
A subsidiary of Pou Chen, the world’s largest maker of branded sports shoes, will invest Rs 2,302 crore ($280.86 million) to set up a manufacturing...
Sebi’s Accredited Investor Regime Has Few Takers
The accredited investor regime launched by the Securities and Exchange Board of India in August 2021 has failed to get off the ground, with just...
Su-Kam Power Invests Rs 300 Crore to Build Energy Storage Park in Himachal Pradesh
Su-Kam Power Systems, a leading power solutions provider, signed a Memorandum of Understanding (MoU) with the Himachal Pradesh government to construct a Sustainable Energy Storage...