2025-02-17Niranjan
Despite escalating Western sanctions on Russia due to its actions in Ukraine, China has reaffirmed its commitment to continue purchasing Russian natural gas. This decision underscores China's focus on securing its energy needs while strengthening its economic ties with Russia. As global energy dynamics shift, China's continued support for Russian gas raises questions about the future of energy dip
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2025-02-17Niranjan
Sandur Manganese & Iron Ores Ltd. saw its stock soar 20%, hitting the upper circuit after reporting an astonishing 1416% YoY surge in net profits for Q3 FY2024. Strong demand, improved margins, and operational efficiencies fueled the rally, driving significant investor interest. With a bullish industry outlook and robust financials.
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2025-02-17Niranjan
SBI Card and Payment Services Limited has released crucial updates from its Board of Directors meeting held on February 17, 2025. This meeting addressed significant corporate decisions, including the declaration of an interim dividend and a key leadership transition.
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2025-02-17Niranjan
UK Prime Minister Keir Starmer has declared that Britain is ready to send troops to Ukraine to form part of an international peacekeeping force if a peace agreement is reached between Ukraine and Russia. In a bold move that highlights the UK’s commitment to European security, Starmer emphasized that such an intervention is essential to uphold peace in the region and prevent further Russian Troops
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2025-02-17Niranjan
India’s trade deficit widened to $22.9 billion in January 2025, rising from $21.94 billion in December 2024, according to government data released on February 17, 2025. The increase in the deficit is primarily due to declining exports and stable imports, signaling potential challenges for India's external trade balance.
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2025-02-17Niranjan
Nifty’s Q3FY25 earnings report reveals a third consecutive quarter of sluggish growth, with single-digit profit gains. While BFSI, Technology, and Real Estate provided some support, weak consumption and falling commodity prices dragged overall performance. Will the market rebound, or is this the new normal? Read the full analysis.
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2025-02-17Niranjan
Bharti Airtel has successfully landed the SEA-ME-WE 6 submarine cable in Chennai, following its Mumbai landing in December 2024. This 21,700 Rkm (route kilometers) fiber-optic cable system will significantly boost India's global internet capacity, connecting the country to Singapore and France (Marseille) via Egypt.
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2025-02-17Niranjan
Mahindra & Mahindra’s electric vehicle (EV) journey faces challenges, as highlighted by Citi’s latest report. With lower-than-expected BEV sales and concerns over the ramp-up of its EV manufacturing facility, the company needs to address key hurdles to stay competitive. This article explores Citi’s insights on M&M’s EV performance, production challenges, and future prospects.
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2025-02-17Niranjan
Welspun Corp Limited, a leading manufacturer of pipes for oil & gas transmission, has secured fresh orders worth ₹3,000 crore in the USA. These orders, which include HSAW and HFIW pipes for natural gas pipeline projects, strengthen the company’s market position. With this, Welspun's consolidated order book now stands at ₹18,000 crore, reflecting its growing dominance in the sector.
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2025-02-17Niranjan
Zen Technologies, a leading defense technology company, witnessed a sharp decline in its share price, dropping over 17% after announcing its Q3 FY25 results. Despite strong financial performance, investor sentiment turned negative, leading to a significant sell-off in the stock.
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2025-02-16Niranjan
Fusion Finance Limited (formerly Fusion Micro Finance Limited) has received a favorable decision regarding a Show Cause Notice (SCN) issued under Section 73 of the CGST Act, 2017. The notice, which alleged a mismatch in Input Tax Credit (ITC), has now been dropped with nil demand, relieving the company of any financial or legal burden.
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2025-02-16Niranjan
Tesla’s long-anticipated entry into India is likely to happen, and it is set to shake up the country’s electric vehicle (EV) industry. While it brings innovation and global brand power, it also poses a challenge to domestic auto companies. But how will this impact Indian auto stocks? Let’s explore.
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