Jyoti CNC Automation made a good first impression, listing at a 12.3 percent premium to its IPO price on January 16. In comparison to the issue price of Rs 331, the stock opened at Rs 370 on the NSE and Rs 372 on the BSE. Analysts predicted that the stock would trade at a 15-18…
National Startup Day 2024: Prime Minister Narendra Modi declared January 16th as National Startup Day in 2024. The announcement was made on January 15, 2022, Startup India’s founding day. The day marks celebrations aimed at recognizing the startup community’s remarkable growth and contributions to the Indian economy. The Startup India initiative, which was launched in…
The market reached a new peak in the week ending January 12 thanks to the bulls’ powerful reappearance and the technology stocks’ incredible run after a prolonged drought. The Nifty 50 actually approaches the eagerly anticipated psychological 22,000 mark. Experts said that given the high level of optimism, the bulls are likely to push the…
This week, the U.S. Securities and Exchange Commission (SEC) made history by approving the first-ever Bitcoin exchange-traded funds (ETFs) to go live in the country, igniting a fresh bull run in the cryptocurrency market. Given the strong presence of financial industry heavyweights such as BlackRock, Invesco, Fidelity, Grayscale, and Ark Invest in the cryptocurrency space,…
Today’s gold price: The range-bound yellow metal’s losses extend to Rs 1,200/10 grams in 2024. What actions should traders take? Gold prices were trading in a narrow range early Wednesday, despite a steady dollar index (DXY). Meanwhile, investors are waiting for the US inflation report, which is due later this week. MCX February gold futures…
Tata Group: Tata Sons Chairman N Chandrasekaran shared insights into Tata Sons’ foray into semiconductor manufacturing on Wednesday, revealing that negotiations for a semiconductor fab in Dholera are nearing completion.He highlighted the company’s commitment to venture into cutting-edge technology and manufacturing, positioning Tata Sons at the forefront of technological innovation, with the project set to…
On Wednesday, billionaire Mukesh Ambani announced that his company Reliance will establish the first-ever, state-of-the-art carbon fiber facility in India at Hazira. Ambani stated that Reliance was, is, and will always be a Gujarati company while speaking at the Vibrant Gujarat Summit in this location. “Reliance has invested over USD 150 billion (12 lakh crore)…
The Adani Group’s chairman, Gautam Adani, stated on Wednesday at the Vibrant Gujarat summit that the Adani Group plans to invest Rs 2 lakh crore ($24 billion) in the green and renewable energy sectors in the state of Gujarat over the course of the next five years. According to Adani, this investment may generate about…
In his speech on Wednesday at the Vibrant Gujarat Summit, ArcelorMittal chairman Lakshmi Mittal emphasized the importance of the Hazira expansion, which Prime Minister Modi will inaugurate in 2021. Phase one of the expansion is scheduled to be finished by 2026, according to Mittal’s ambitious schedule. With an impressive production capacity of 24 million tons,…
Maruti Suzuki India plans to establish a car manufacturing plant in Gujarat with an annual capacity of 1 million units at an investment cost of about Rs 35,000 crore, it ann-ounced on Wednesday. Later, MSIL Chairman R C Bhargava said the plant’s location is expected to be finalised in a few months. Earlier in the…
