Sterling and Wilson Renewable Energy launched its Qualified Institutional Placement (QIP) on Monday, December 11. The Securities Issuance Committee, in accordance with Securities and Exchange Board of India (SEBI) guidelines, approved a floor price of Rs 365.02 per share for the issuance. The global pure-play, end-to-end renewable engineering, proc
Oil prices tumble as OPEC+ meeting delay sparks concerns over production cuts
Crude oil prices tumbled for the second consecutive session. The prices fell over 1% during early trade on Thursday. WTI crude prices are trading at $76.07 marking a 1.34% decrease, while Brent crude prices stand at $80.78 reflecting a 1.44% decline. This downward trend follows the news that the Organisation of the Petroleum Exporting Countries [&h
2023 car buying trends: Purchase intent for EVs has reduced
A Deloitte study has found that the ‘purchase intent’ for electric cars – percentage of respondents preferring an EV as their next vehicle – has reduced from 54% at the beginning of 2023 to 48% by October 2023. This is despite the fact that more electric cars were launched in India this year than hybrids […]
Stocks to Watch: JSW Steel, JSW Holding, Tata Tech, REC, Flair Writing, UltraTech Cement
Stocks in Focus: GIFT Nifty traded up 70.5 points or 0.35% at 20,329.5, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously, on Thursday, the NSE Nifty 50 advanced 36.55 points or 0.18% to settle at 21,133.15, while the BSE Sensex added 86.53 points or 0.13% to 66,988.44. […]
Top 5 investment themes that may shape the stock market in 2024
In the complex world of finance, keeping an eye on the ever-evolving landscape is essential for making successful investment decisions. As we step into 2024, it’s crucial to identify and understand the investment themes that are likely to shape the Indian stock market in the year ahead. In this article, we will explore the five […]
Severe Air Pollution in North India puts public health at risk as residents choke amid toxic air quality – See photos
1/7 Since the last few days, several parts of North India including Delhi, Mumbai, and Kolkata have been engulfed in severe pollution, risking the health of the people. While pollution was recorded as very poor in the National Capital on Tuesday morning, Mumbai’s AQI level also reached nearly 200. Delhi’s nearby states including Haryana, Rajasthan,
China approves 105 domestic games; softens stance on gaming after $80 billion rout
China approved 105 domestic games on Monday, the latest indication that Beijing is softening its stance after its move to tighten industry restrictions led to a $80 billion rout last week. The titles included those operated by Tencent Holdings Ltd. and NetEase Inc., China’s two leading game publishers that have been pummeled by Beijing’s new [&hell
Crude prices may bounce back on stronger demand
Even as the OPEC+ decided to cut oil output, prices failed to rally as the market remained sceptical about the bloc’s adherence to the announcement. The situation also reflects the reduced market power of the bloc that has dominated for long, with the diversification of the production base, particularly the rise of the US as […]
Will the strong GDP numbers propel Nifty to claim a new high? 8 things to know before the share market opens
GIFT Nifty traded up 70.5 points or 0.35% at 20,329.5, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously, on Thursday, the NSE Nifty 50 advanced 36.55 points or 0.18% to settle at 21,133.15, while the BSE Sensex added 86.53 points or 0.13% to 66,988.44. “Market traded volatile […]
Airpocalypse in Delhi! People continue to choke as thick, toxic smog engulfs National Capital – See photos
2/11 Delhi Chief Minister Arvind Kejriwal chairs a high-level meeting on pollution in the national capital, at the Delhi Secretariat after which he announced that the odd-even will come into force from November 13 and will conclude on November 20.(PTI photo) 3/11 The 24-hour average Air Quality Index (AQI), recorded at 4 pm every day, […]