The Indian cement industry is experiencing challenges due to a confluence of environmental factors and market dynamics. The summer heatwave, followed by heavy monsoon rains, has significantly impacted cement demand across the country. According to a report by Elara Securities dated September 26, the average price of cement in India has dropped to a 51-month ...
In a bid to curb administrative expenses, Pakistan has taken significant measures by eliminating over 150,000 government jobs. Additionally, around six ministries have been dissolved, while the announcement for the merger of two ministries has also been made. These actions are a part of the reforms agreed upon with the International Monetary Fund (IMF) under ...
The Subam Papers IPO is generating significant interest among investors as the company prepares to release 6,165,000 fresh equity shares. This initial public offering (IPO) is particularly notable as it marks the company’s entry into the capital markets, offering investors an opportunity to be a part of its growth story. With the expected listing on ...
Nifty 50 Market Analysis and Trading Ideas Nifty 50 Market Analysis and Trading Ideas The Indian stock market has witnessed a series of sessions filled with bullish trends, but on September 27, the Nifty 50 index experienced a decline, shutting down on a pessimistic note. This shift raises questions about market stability and potential upcoming ...
Foreign Portfolio Investment (FPI) has shown significant trends throughout this year, particularly in September. Except for the months of January, April, and May, FPIs have mostly been net buyers, indicating a positive market sentiment. The anticipation of further investments from FPIs is fueled by several factors, chief among them being the recent monetary policy adjustments ...
The Adani Group, led by billionaire Gautam Adani, has recently entered into a significant deal to manage Kenya’s major airport, Jomo Kenyatta International Airport (JKIA). However, this arrangement has been met with considerable resistance, culminating in widespread protests, legal challenges, and Senate hearings. This article delves into the intricacies of the Adani Kenya deal, the ...
Introduction The Adani Group, a conglomerate widely recognized for its diverse business ventures, is making a notable entry into the chocolate industry. This strategic move is spearheaded by Adani Enterprises, its flagship company, through a step-down subsidiary involved in airport operations. The acquisition of the overseas chocolate retailer, CocoaCart, by the joint venture, April Moon ...
The upcoming board meeting of the Securities and Exchange Board of India (SEBI) on September 30 is set to be a significant event, primarily due to the allegations against its Chairperson, Madhabi Puri. This meeting is particularly important as it will be the first since the accusations made by Hindenburg Research on August 10. These ...
सोलर पीवी मॉड्यूल बनाने वाली कंपनी Waaree Energies ने 28 दिसंबर 2023 को सेबी के पास अपने IPO कागजात दाखिल किए थे। इस आईपीओ के तहत 3000 करोड़ रुपये के फ्रेश इक्विटी शेयर जारी किए जाएंगे। इसके अलावा, मौजूदा शेयरधारकों द्वारा 32 लाख शेयरों की बिक्री OFS के जरिए की जाएगी