The Indus Appstore, a locally developed Android marketplace ready to take on the dominance of international behemoths like Google Play and the Apple App Store, was launched by PhonePe in a ground-breaking move. With an impressive collection of more than 2 lakh apps in 45 categories, the platform seeks to transform the way Indian users…
Reliance Industries Limited, owned by Mukesh Ambani, is getting ready to introduce ChatGPT-like AI chatbot “Hanuman” next month. The ‘Bharat GPT Group,’ a consortium of eight affiliated universities and the company, are working together on this. What is Hanooman? Hanooman is a collection of large Indic language models based on 22 Indian languages. Seetha Mahalaxmi…
The Tata Group company announced in a stock exchange filing that BluSmart, India’s top eMobility ride-hailing service provider and EV charging infrastructure network, has inked a multi-year Power Purchase Agreement (PPA) with its wholly-owned subsidiary Tata Power Trading Company Limited (TPTCL). According to the agreement, Tata Power Trading Company will purchase 30 MW of energy…
GPT Healthcare Ltd IPO: The first public offering (IPO) of GPT Healthcare Ltd. will be for equity shares valued at Rs 10 apiece. With an IPO price range of Rs 177–Rs 186 per equity share, the total issue size at the upper price band is Rs 525.14 crore. The initial public offering (IPO) is slated…
Entering the world of Futures and Options (F&O) trading can be both thrilling and intimidating for beginners. With the potential for substantial returns comes a need for understanding the intricacies of these financial instruments. In this beginner’s guide, we’ll break down the essentials of how to trade in Futures and Options, providing you with the…
US lender Capital One has agreed to pay $35.3 billion to acquire rival Discover Financial. This all-stock deal will combine the two biggest credit card companies in the country. The stock of its smaller rival, Discover, is now valued by Capital One at a premium of 27% over Friday’s closing price. Discover shareholders would receive…
Vibhor Steel Tubes’ shares debuted on the exchanges on Tuesday, February 20, with an 181% premium, following a strong response. With a premium of 178.8%, the stock was listed on the BSE at ₹421, compared to an offer price of ₹151. In the meantime, the stock is trading at ₹425 on the NSE, a premium…
Introduction Gold ETFs and Bitcoin ETFs are two prominent players in the continuously shifting investment landscape, with distinct features that suit varying investor preferences. We will examine the key distinctions between Bitcoin ETFs and Gold ETFs in this blog post, providing details on their underlying assets, structures, and possible advantages. Understanding Gold ETFs Gold ETFs…
Tata Group Cap. At $365 Billion: With some Tata Group companies reporting outsized gains in the last year, the market value of the salt-to-software conglomerate has grown large enough to outstrip Pakistan’s whole economy. At latest count, the market capitalization of India’s largest corporate house was $365 billion, or Rs 30.3 lakh crore, while the…
Mitsubishi to acquire 30% stakes of TVS: According to a Nikkei Asia report, the Japanese behemoth Mitsubishi Corporation plans to join the Indian auto sales market this summer by purchasing a stake of more than 30 percent in auto dealership TVS Mobility. As per the Nikkei Asia report, TVS Mobility is set to separate its…
