News Overview

The Index, which represents the 50 large capitalized and liquid stocks across 13 sectors, has grown 15 times in 25 years, delivering annualized returns over 25 years of 11.2%.

LIBOR transition is one of the important events globally as it shall affect all the stakeholders in the International Market.

Business Wire India New investment subscription upsizes previously announced PIPE from $100 million to $150 million in conjunction with Energy Vault’s agreement to become a publicly-traded company through merger with Novus Capital Corporation II Strategic partnership formed with Sun Metals, a wholly owned subsidiary of Korea Zinc, focused on future deployment beginning in mid-2022 of Energy Vault’s proprietary energy storage and energy management software technology […]

China Caixin Services PMI increased to 53.1 in December 2021 from 52.1 in the prior month, marking the fourth straight month of expansion. Output has now increased in each of the past four months, with the latest rise solid overall. Companies that registered higher activity levels often mentioned that improved market conditions, new product releases and higher sales had supported growth. New orders expanded at […]

IFB Industries Ltd, Dwarikesh Sugar Industries Ltd, Filatex India Ltd and Sumitomo Chemical India Ltd are among the other gainers in the BSEs A group today, 06 January 2022.

Nestle India, Colgate Palmolive, and Hindustan Unilever were also under heavy selling pressure. Emami rose over 1% amidst the gloom.

With that, LIC's stake in the company has increased to 7.01% from the previous 5%.

Global electric motorcycle market is anticipated to grow with a CAGR of 19.36% in the forecast years, 2022-2026, to reach USD6220.82 million by 2026. The market was valued at USD1930.64 million in 2020, and this growth can be attributed to the rapidly increasing demand for environment-friendly automobiles among the global population

The latest Q3 advances have risen by 5% yoy and 3.5% qoq. The bank had posted gross advances of Rs57,092cr in Q3FY21 and Rs57,939cr in Q2FY22.

Strata, India’s leading tech-enabled commercial real estate (CRE) investment platform, is the first proptech company in the country to have crossed a significant threshold of 500 crores in Assets Under Management (AUM).