Hunny Arora Dixon Technologies, a leading player in India’s electronic manufacturing services (EMS) sector, has achieved a new milestone as its shares soared to an all-time high following a significant announcement. The company has entered into a strategic partnership with the Chinese smartphone giant Vivo Mobile India. This collaboration marks a major move in Dixon’s journey, positioning … Read more
Indian equity markets ended on a weak note on Monday, with both benchmark indices closing in negative territory amid cautious and range-bound trading. The BSE Sensex dropped by 384.55 points to settle at 81,748.57, while the NSE Nifty slipped by 100.05 points, closing at 24,668.25. The market witnessed broad-based selling, with only nine Nifty stocks … Read more
The Indian defence sector is set for a significant boost as the Cabinet Committee of Security (CCS) recently approved two major defence orders worth ₹21,100 crore. These orders are expected to benefit several key players in the sector, including Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), and Larsen & Toubro (L&T). ICICI Securities has … Read more
Narayana Murthy, the co-founder of Infosys and a prominent figure in India’s tech industry, has once again emphasized the need for a 70-hour workweek to propel the country towards economic growth and poverty eradication. Speaking at the centenary event of the Indian Chamber of Commerce in Kolkata, Murthy highlighted the importance of hard work, high … Read more
Vedanta Limited, the diversified mining giant led by billionaire Anil Agarwal, has announced its fourth interim dividend for the financial year 2024-25. The dividend, amounting to ₹8.5 per equity share, totals ₹3,324 crore. This development was disclosed in an exchange filing on December 16, 2024. Key Dividend Details With this latest announcement, Vedanta’s total dividend … Read more
By Upstox News Desk | Updated on December 16, 2024, 13:26 IST PC Jeweller Ltd, a prominent jewellery designer and retailer, saw its shares surge by 5% on the NSE, hitting the upper circuit on Monday, December 16, 2024. The rally came after the stock turned ex-split following a 1:10 share split approved earlier this … Read more
Mumbai, December 13, 2024 – Max Life Insurance has officially rebranded itself as Axis Max Life Insurance after obtaining all necessary corporate and regulatory approvals. This significant change marks a new chapter for the company, reflecting the strategic partnership between Max Life and Axis Bank. Axis Bank’s Stake Acquisition in Max Life Insurance Earlier in … Read more
The much-anticipated Dhanlaxmi Crop Science IPO allotment is set to be finalized today, December 12, 2024. This Gujarat-based company, known for its expertise in agricultural seed production and distribution, opened its IPO for subscription from December 9 to December 11, 2024. Here’s everything you need to know about the IPO allotment status, subscription data, and … Read more
Russia’s state-owned oil giant, Rosneft, has entered into a landmark agreement to supply up to 500,000 barrels per day (bpd) of crude oil to India’s energy major, Reliance Industries Limited (RIL). This long-term partnership represents the largest energy deal between India and Russia to date and underscores the growing strategic energy cooperation between the two … Read more
On December 13, 2024, Bharti Airtel’s stock experienced a remarkable 4% surge, marking its most significant intraday gain in seven weeks. The telecom giant also emerged as the top performer on the Nifty 50 index, driven by a combination of robust trading volumes, positive brokerage outlook, and a major block deal. Block Deal Boosts Market … Read more