Shareholders at Tesla have made a significant decision, choosing to maintain Elon Musk’s compensation schedule, which includes a record-breaking $44.9 billion pay package. This move comes after a contentious shareholder referendum, with some notable investors expressing opposition to the deal. Despite the controversy, the majority of shareholders have approved the package, which is seen as…
The recent filing of the initial public offering (IPO) by Bajaj Housing Finance, a subsidiary of Bajaj Finance, has sent shockwaves through the financial markets. The proposed IPO, worth ₹7,000 crore, is expected to be a significant milestone in the company’s growth trajectory. In this article, we will explore the implications of this IPO on…
Cashback offers have become a favorite marketing tactic for businesses across India, from e-commerce giants to local retailers. The lure of getting a portion of your money back after a purchase is undeniably attractive. However, with the rise of these offers, there’s also been an increase in cashback scams. Fraudsters are constantly devising new ways…
Creating long-term wealth might sound like a daunting task, but with the right approach, anyone can achieve it. One of the most effective ways to grow your wealth over time is by investing in the stock market. To do this efficiently, you’ll need a Demat account. A Demat (short for dematerialized) account allows you to…
Adani Enterprises, the flagship firm of the Adani Group, recently released its financial results for the fourth quarter of the fiscal year 2023-24. The report highlighted significant changes in net profit, revenue, operating costs, and other key metrics, shedding light on the company’s performance during this period. Net Profit Decline and Revenue Growth In Q4…
During the recent earnings call, Apple CEO Tim Cook highlighted the company’s remarkable performance in India, revealing that it had set revenue records in the country for the quarter ending March 2024. This achievement stood out amidst a broader trend of declining revenue for Apple, which experienced a 4% decrease overall. The decline was primarily…
India has emerged as the world’s largest gaming market in recent years, with 9.5 billion gaming app downloads and 568 million gamers. This expansion is being driven by improved IT infrastructure, increased usage of mobile devices, and high-speed internet connectivity. Furthermore, the introduction of technologies like Augmented Reality (AR), Virtual Reality (VR), and the metaverse…
Vedanta shares embarked on a journey marked by a steady ascent, albeit interspersed with moments of consolidation. From the onset of the year until the middle of March, the trajectory of Vedanta’s stock price was characterized by a phase of base-building, indicating a period of stability and preparation for potential upward movement. However, the narrative…
Tesla’s Entry into India: Elon Musk, the CEO of Tesla, has made an important declaration by confirming that he will visit India later this month to meet with Prime Minister Narendra Modi. The possibility of Tesla entering the Indian market, which could drastically alter the country’s electric vehicle (EV) market, makes this visit extremely significant….
Tesla, the famous electric vehicle (EV) manufacturer, is getting ready to explore possible locations in India this month for establishing a state-of-the-art electric vehicle factory, which is an important step in supporting Prime Minister Narendra Modi’s vision to strengthen domestic manufacturing. A recent Financial Times report suggests that Tesla’s potential investment could be as much…
