UltraTech Cement The Aditya Birla Group’s UltraTech Cement is set to acquire a 23% stake in Chennai’s India Cements (ICL). The deal involves buying 70.6 million stocks priced at Rs 267 per stock, summing up to Rs 1,885 crore. UltraTech Cement board members gave a green light to this significant, non-controlling financial investment. Even though they’ll … Read more
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a negative opening on Wednesday. Here’s a rundown of the key stocks to watch today in trade. Stocks in Focus: GIFT Nifty traded down by 36 points or 0.15% at 23,684.50, indicating a negative opening for domestic indices NSE Nifty … Read more
Understanding Electric Vehicle Financing and Loan Rates Electric vehicles (EVs) are becoming popular quickly, providing a greener option than the usual gas and diesel cars. But, there’s a key point prospective buyers must weigh-the finance angle of these vehicles. Do EV loans have the same rates as gas or diesel vehicle loans? The answer isn’t … Read more
A Stylish Getaway Mark Zuckerberg, the CEO of Meta, has always been in the spotlight, not just for his technological innovations but also for his fashion choices. Recently, he was seen enjoying a holiday in Ibiza, Spain, with his wife, Pricilla Chan. The tech mogul made headlines with his luxurious attire, specifically a $1,150 (about … Read more
The growth rate of NBFC unsecured loans is twice that of retail credit. NBFC Unsecured Loans: Non-Banking Financial Companies (NBFCs) in India have experienced a significant rise in their unsecured loan portfolios, which grew at a compound annual growth rate (CAGR) of nearly 32% from FY2017 to FY2024. According to a joint study by Assocham … Read more
Stock Market Today: The market opens higher, the Sensex rises 200 points, and the Nifty crosses 23600. Stock market today: Nifty50 and BSE SENSEX During Friday’s opening session, the main indices for Indian equities markets began the day on a bullish note. At 9.15 am, the BSE Sensex surges 200 points, adding 0.23% to 77,650.48, … Read more
Elon Musk’s Bold Stand: Free Speech Over Profit for X The visionary owner of X, formerly known as Twitter, recently nailed his colors to the mast regarding free speech over profit: Elon Musk discussed his ad-related issues in a talk at the Cannes Lions International Festival of Creativity. Speaking about brand safety, Musk said, “Advertisers … Read more
PM Modi Visit Nalanda University Campus, Reviving Ancient Legacy PM Modi Visit Nalanda University Campus: Prime Minister Narendra Modi inaugurated the new campus of Nalanda University in Rajbir, Bihar, on Wednesday. The new campus, established through the Nalanda University Act, 2010, is near the ancient ruins of Nalanda University. This Act followed a decision made … Read more
NEET Exam Controversy: The Supreme Court sent notices to NTA and the Central government on Tuesday. The notices are in response to appeals alleging paper leaks and exam malpractice. The controversy surrounds the integrity of the NEET examination administered by the NTA. “Even if there is 0.001 per cent negligence on the part of anyone, … Read more