Goenka Diamond Consolidated December 2023 Net Sales at Rs 0.16 crore
Wed, Feb 28, 2024 10:32 AM

Goenka Diamond Consolidated December 2023 Net Sales at Rs 0.16 crore

Reported Consolidated quarterly numbers for Goenka Diamond and Jewels are: Net Sales at Rs 0.16 crore in December 2023 down 65.13% from Rs. 0.44 crore in December 2022. Quarterly Net Loss at Rs. 0.50 crore in December 2023 up 39.65% from Rs. 0.83 crore in December 2022. EBITDA stands negative at Rs. 0.24 crore in December 2023 up 56.36% from Rs. 0.55 crore in December 2022.

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GE T&D India shares locked at upper circuit on order win worth Rs 370 crore
Wed, Feb 28, 2024 10:30 AM

GE T&D India shares locked at upper circuit on order win worth Rs 370 crore

GE T&D India's share price was locked at a 5 percent upper circuit in the opening trade on February 28 after the company bagged an order worth Rs 370 crore from Power Grid Corporation of India. There were pending buy orders of 3,678 shares, with no sellers available. At 09:21 am, GE T&D India was quoting at Rs 913.00, up Rs 43.45, or 5.00 percent, on the BSE. " ..... has secured orders worth.

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Realty stocks buzzing on Dalal Street as 8 turn multibaggers in FY24
Wed, Feb 28, 2024 10:25 AM

Realty stocks buzzing on Dalal Street as 8 turn multibaggers in FY24

Shares of real estate companies are having their best times on Dalal Street, with as many as eight stocks that are part of the BSE Realty index giving multi-bagger returns in the current financial year. It tops the list of sectors that have given the best returns in the ongoing financial year. The unprecedented demand across key metropolitan cities.

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Is it too late to invest in Nvidia stock?
Wed, Feb 28, 2024 10:20 AM

Is it too late to invest in Nvidia stock?

Nvidia’s Q4 results and the subsequent surge in its market cap to $2 trillion made investors across the world, including India, sit up and zoom in on the company, which has become the backbone of AI (artificial intelligence) development. Should the investors still buy the stock, which has run up 16 percent in the last five days, and a whopping 63 percent since the beginning of this year?

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EPFO Alert: Services utilising Aadhar authentication closed for technical.
Wed, Feb 28, 2024 10:15 AM

EPFO Alert: Services utilising Aadhar authentication closed for technical.

The Employees' Provident Fund Organisation (EPFO) on February 28 said that all services utilizing Aadhar authentication will remain impacted due to technical maintenance of the platform's Aadhar setup. In a post on the social media site X (formerly Twitter), the body further said it regrets the inconvenience to users. This is a breaking story, more updates are awaited.

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Paytm Payments Bank board rejig unlikely to sway RBI, say bankers
Wed, Feb 28, 2024 10:10 AM

Paytm Payments Bank board rejig unlikely to sway RBI, say bankers

Paytm founder Vijay Shekhar Sharma’s decision to resign from the Paytm Payments Bank Limited (PPBL) Board and reconstitute it with independent members has come too late to sway the Reserve Bank of India (RBI), multiple bankers have told Moneycontrol. While the company is keen to show that it is making amends after the rap by the regulator, it is unlikely to save the beleaguered payments bank.

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Vodafone Idea share price falls over 4% after board approval to raise  ₹...
Wed, Feb 28, 2024 10:00 AM

Vodafone Idea share price falls over 4% after board approval to raise ₹...

Vodafone Idea share price fell over 4% in early trade on Wednesday after the telecom operator’s board approved fundraising of up to ₹45,000 crore through equity and debt. Vodafone Idea shares declined as much as 4.85% to ₹15.10 apiece on the BSE. Vodafone Idea said it will raise ₹20,000 crore through a combination of equity or equity-linked instruments and the rest via debt.

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Indus Towers stocks gain 2% on Vodafone Idea Rs 45,000-crore fund-raising
Wed, Feb 28, 2024 9:55 AM

Indus Towers stocks gain 2% on Vodafone Idea Rs 45,000-crore fund-raising

Shares of Indus Towers gain 2.14 percent on February 28, a day after Vodafone Idea announced that its board approved fundraise of up to Rs 45,000 crore via equity and debt. At 9:20 am, the stock was trading at Rs 245.40 The stock has gained over the last few sessions on reports of the beleaguered telecom'  fundraising plans on the hope that some of the funds raised will be used to by VI.

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How the self-employed can set their personal finances!
Wed, Feb 28, 2024 9:55 AM

How the self-employed can set their personal finances!

Running a business, growing it and making real money out of it is extremely hard. Entrepreneurs have to face countless challenges, take tough decisions and relentlessly strive to keep the money rolling in and alongside, manage people. They are independent, ambitious, intuitive and aggressive risk-takers. Yet, when it comes to managing their personal money, many of them fail to act.

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Kotak Mahindra Bank revisits unsecured lending strategy after RBI alert
Wed, Feb 28, 2024 9:50 AM

Kotak Mahindra Bank revisits unsecured lending strategy after RBI alert

Kotak Mahindra Bank reviewed its unsecured lending strategy after the Reserve Bank of India recently geared up to curb the rampant growth in unsecured  loans in the system, said Virat Diwanji, group president and head of consumer banking. “When the regulator raised a word of caution (on unsecured loans), we went and relooked at our algorithms and corrected as required.

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Nifty 50, Sensex today: What to expect from Indian stock market in trade!
Wed, Feb 28, 2024 9:45 AM

Nifty 50, Sensex today: What to expect from Indian stock market in trade!

The Indian stock market indices, Sensex and Nifty 50, are likely to open on a steady note amid mixed cues from global markets. The trends on Gift Nifty also indicate a flat to positive start for the Indian benchmark index. The Gift Nifty was trading around 22,235 level as compared to the Nifty futures’ previous close of 22,196. On Tuesday, the Indian stock market indices rebounded.

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IL&FS puts over 5.4 lakh sq ft GIFT City office properties on the block
Wed, Feb 28, 2024 9:40 AM

IL&FS puts over 5.4 lakh sq ft GIFT City office properties on the block

Beleaguered non-banking finance company Infrastructure Leasing & Financial Services (IL&FS) has put commercial properties spread over more than 540,000 sq ft in an office tower, GIFT TWO, located in Gujarat International Finance Tec-City (GIFT City) on the block. The sale of these properties is held by Sabarmati Capital Two Ltd (SCTL), a 100% subsidiary of IL&FS Town.

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5 key personal finance terms to succeed in the investment world!
Wed, Feb 28, 2024 9:35 AM

5 key personal finance terms to succeed in the investment world!

The realm of personal finance is expansive, implying that there's a continual process of learning and unlearning within this field. The personal finance lexicon is boundless, necessitating ongoing familiarization with new terms. This knowledge is crucial for navigating the complexities of income, expenses, profits, losses, and, most importantly, mastering the art of generating wealth.

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Nifty technical indicators show bullish sentiment amid strong volume!
Wed, Feb 28, 2024 9:30 AM

Nifty technical indicators show bullish sentiment amid strong volume!

The market sentiment has turned bullish as intra-day dips were met with buying interest in yesterday’s trading session, leading Nifty to close just below the 22200 mark with gains of 0.28 percent. Nifty has now formed a bullish engulfing candlestick pattern and awaits fresh triggers to move towards the next crucial resistance zone of 22320.

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📢 Benchmark indices open on a flat note today; Nifty near 22,200
Wed, Feb 28, 2024 9:26 AM

📢 Benchmark indices open on a flat note today; Nifty near 22,200

📈 Amid mixed global cues, benchmark indices started on a flat note today. 📊 At 9:16 AM, the Sensex lost 1.10 points or 0.00% at 73,094.12 and the Nifty was down 1.90 points or 0.01% at 22,196.45. 📢Vedanta (⬆️2.60%), Bharti Airtel (⬆️1.35%) and Shriram Finance (⬆️1.71%) appeared as the top performers on the Nifty50 at open. Apollo Hospital, ICICI Lombard and Wipro stocks are in focus today.

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