The shipbuilding sector is witnessing a remarkable rally, with shares of Garden Reach Shipbuilders & Engineers (GRSE), Cochin Shipyard Limited (CSL), and Mazagon Dock Shipbuilders Limited (MDL) surging by up to 28% over the past two trading sessions. This surge comes amid strong trading volumes and renewed investor interest in the sector. The rally has…
NCC Limited, a prominent player in the infrastructure sector, witnessed a significant 6% rise in its share price on Thursday, March 20, 2025. The surge came after the company announced that it had received a Letter of Acceptance (LoA) for a major infrastructure development contract worth Rs 2,129.60 crore from the Andhra Pradesh Capital Region…
In a significant development, the Adani Group has announced its foray into the wires and cables industry, a move that has sent ripples through the stock market. Shares of leading players in the sector, including KEI Industries and Polycab India, witnessed a sharp decline of up to 13% on Thursday, March 20, 2025. The Adani…
In a groundbreaking move, Google has announced its acquisition of Wiz, a leading cloud security platform, for a staggering $32 billion in an all-cash transaction. This deal marks Google’s largest acquisition to date, surpassing its 2011 purchase of Motorola Mobility for $12.5 billion. The acquisition is expected to bolster Google’s cloud security capabilities and strengthen…
In a significant move to enhance the security of digital payments, the National Payments Corporation of India (NPCI) is reportedly in discussions to eliminate the ‘pull transaction’ feature from the Unified Payments Interface (UPI). This decision comes in response to rising incidents of digital fraud, which have been linked to the misuse of this feature….
Shares of food delivery giant Zomato witnessed a sharp 6% rise during intraday trading on March 18, 2025, despite reports of a potential revival of an old insolvency plea against the company. The stock was trading at ₹216.35 on the Bombay Stock Exchange (BSE), reaching an intraday high of ₹216.50, showcasing investor confidence in the…
In a bid to make high-speed internet accessible to all, leading broadband providers in India—Reliance Jio, Bharti Airtel, and BSNL—are offering affordable Wi-Fi plans under ₹500 per month. These plans cater to a wide range of users, from casual browsers to heavy streamers, ensuring reliable connectivity without breaking the bank. Reliance Jio: ₹399 Plan Reliance…
As the deadline for filing Income Tax Returns (ITR) for the financial year 2024-25 approaches, taxpayers are faced with the critical decision of choosing between the old and new tax regimes. Both options offer distinct benefits and drawbacks, making it essential for individuals to evaluate their financial situations before making a choice. Understanding the Old…
The Indian Renewable Energy Development Agency (IREDA) has announced a significant enhancement in its borrowing limit for FY 2024-25, aiming to strengthen its financial base and support its renewable energy lending operations. The move comes as the company’s shares witnessed a 5% surge on March 18, 2025, following a year-to-date (YTD) slump of 35%. Key…
As India aspires to become an $8 trillion economy by 2035, Infosys co-founder Nandan Nilekani has outlined four critical “unlocks”—technology, capital, entrepreneurship, and formalization—that could propel the nation toward this ambitious goal. However, experts suggest that the Modi 3.0 government may face significant hurdles in implementing these transformative measures. The Four Unlocks: Challenges for Modi…
