Reliance Expands ‘Independence’ FMCG Brand to North India
Reliance, led by Mukesh Ambani, has expanded its consumer packaged goods brand ‘Independence’ to North India, targeting a larger market share in the FMCG sector….
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India to Auction ₹96,318 Crore Telecom Spectrum on Tuesday
The Department of Telecommunications (DoT) is set to auction ₹96,318 crore worth of telecom spectrum on Tuesday. This auction will include all unsold spectrums from…
Nvidia’s Stock Plunge Sparks Technical Analysis Scramble
Nvidia Corp.’s recent three-day, $430 billion selloff has traders turning to technical analysis for clues on where the stock might find support. Nvidia shares have…
Quant MF Front-Running Probe: Reliance, Adani Power Among Top Holdings
Quant Mutual Fund, which manages the third-largest small-cap fund in India, is under SEBI investigation for suspected front-running. As of May 31, 2024, the Quant…
Paytm Employees File Complaints Over Alleged Unlawful Terminations
Several Paytm employees have approached the Ministry of Labour and Employment, alleging “unlawful termination” without compensation amid ongoing layoffs. Filed between June 1 and June…
Dunzo, Practo, and Rapido Exit Hurun India’s Future Unicorns List
Popular startups Dunzo, Practo, and Rapido are among the 25 companies that have dropped out of the Hurun India Future Unicorn Index 2024. This shift…
Morgan Stanley Acquires Rs 2,083 Crore Stake in Axis Bank
Morgan Stanley has made a significant investment in Axis Bank, purchasing a 0.55% stake valued at Rs 2,083 crore. The acquisition involves 1.7 crore shares…
IPO Watch: Sebi Tweaks Call Auction Session Provisions for Fair Price Discovery
The Securities and Exchange Board of India (Sebi), the capital markets regulator, has introduced modifications to the norms governing call auction sessions for IPO listings…
Microsoft Reclaims Title as World’s Most Valuable Company from Nvidia
Microsoft has reclaimed its position as the world’s most valuable company, surpassing Nvidia following a notable dip in Nvidia’s stock value. Nvidia’s shares declined nearly…