Inox India Q1 PAT falls 8% to Rs 53 crore
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Day: August 9, 2024
Ola Electric’s shares surge in trading debut, company valued at $4.4 billion
Ola Electric Mobility’s shares rose by 10% on its trading debut, reaching a valuation of $4.40 billion. Despite impressive sales growth, the company remains unprofitable. […]
Who is Colin Huang, China’s richest person
Colin Huang, founder of PDD Holdings, played a crucial role in making Pinduoduo one of China’s top e-commerce platforms. Established in 2015, it went public […]
Stock market today: BSE Sensex surges over 1,000 points; Nifty50 above 24,350
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, surged in opening trade on Friday. While BSE Sensex climbed over 1,000 points, […]
Why investors are getting concerned with India’s heatwaves
India’s intense summer heat added to companies’ challenges alongside slowing earnings and supply chain disruptions. The heatwave was mentioned 80 times in earnings calls for […]
RBI holds repo rate for 9th time in a row at 6.5%
The RBI decided to keep policy rates unchanged for the ninth time, emphasizing the need to monitor inflation and support growth. The repo rate remains […]
RBI governor cautions against gold, home loan top-ups
RBI governor Shaktikanta Das cautioned banks against rapidly expanding personal loans by offering top-ups on existing home and gold loans. He highlighted concerns about non-compliance […]