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The Modi government has announced a significant increase in Dearness Allowance (DA) for central government employees. This update comes as a welcome relief amidst rising inflation. DA increased by 4%, reaching 50% of basic salary. Previously, DA stood at 46%. Applies to both Dearness Allowance (DA) and Dearness Relief (DR) for pensioners. Effective from January … Read more
Tata Motors News: Tata Motors will divide its CV and PV businesses into two separately listed companies. The divestment will help Tata Motors better manage its CV and PV businesses and develop more targeted strategies for each of them. It will also help the company improve its capital allocation and investment strategy. Tata Motors will … Read more
NSE: ADANIENSOL- On Friday, shares of Adani Energy Solutions Limited (AEL) once again saw a rise. The share price on BSE at one point reached Rs 1189.90, showing a rise of about 10%. This is very close to the company’s 52-week high price of Rs 1250. Adani Energy Solutions Share Price has increased by +1.30 (0.12%) in the … Read more
As of March 15, 2024, @paytm UPI handles linked to Paytm Payments Bank will no longer be able to process UPI transactions due to restrictions imposed by the Reserve Bank of India (RBI). Will Paytm UPI not work after March 15? If you use a @paytm UPI handle linked to Paytm Payments Bank, you will … Read more
NSE: RELIANCE Merged entity valued at Rs 70,000 crore. Reliance holds a majority stake (63.16%) with Viacom18 and Disney holding 46.82% and 36.84% respectively. Nita Ambani to lead the new company as Chairperson, with Uday Shankar as Vice Chairman. Reliance to invest Rs 11,500 crore in the joint venture, focusing on OTT growth. Reliance and … Read more
The Indian Renewable Energy Development Agency (IREDA) and Punjab National Bank (PNB) have joined forces to advance renewable energy initiatives across India by signing a Memorandum of Understanding (MoU). This collaboration aims to: Increase financial support for renewable energy projects: The agreement paves the way for joint lending, loan syndication, and underwriting, making it easier for … Read more
Mufin Green Finance Share price (NSE: MUFIN)- Mufin Green’s stock price rose significantly on Tuesday, reaching a high of Rs 224.35 per share. This represents a 4.98% increase compared to its previous closing price of Rs 213.70. The stock outperformed the broader market by 5.77%. This rise comes after four consecutive days of declines. While the stock is trading above … Read more
India Grid Trust (NSE: INDIGRID) share: IndiGrid acquired a 300 MW solar project for Rs 1550 crore, increasing its total solar project portfolio to 19 projects across 8 states in India. The total production capacity of IndiGrid’s solar projects is now 1.1 gigawatts (GW). IndiGrid’s assets under management stand at around Rs 28,200 crore. Share … Read more
Vikas Ecotech Limited (NSE: VIKASECO) Market Update: The stock market witnessed fluctuations on Friday, with BSE Sensex dropping by 15 points to close at 773142 points, and Nifty declining by 5 points to settle at 22212 points. Amidst this volatility, Vikas Ecotech Limited experienced a slight dip, trading at 4.65. Share Performance Highlights: Vikas Ecotech Limited’s … Read more
NSE: SKIPPER – Skipper Ltd, a prominent player in heavy electrical equipment, has recently clinched a significant contract from the government-owned Power Grid Corporation of India Limited (PGCIL). The news of this substantial order has been promptly disclosed to the stock markets, drawing attention from investors. Positive Stock Performance Investors have found Skipper Ltd’s stock … Read more