The rupee falls to an all-time low of 77.74 per dollar

Financial News

The rupee fell to a new all-time low against the US dollar on Wednesday, ending at 77.74, slightly lower than its previous close of Despite continued foreign capital outflows and higher global crude oil prices, the local currency traded in a limited range The previous low was set on May 19, when it closed at […]

Fishin announces Rs.1000 crore investment in Telangana

Financial News

 Fishin, a world-renowned company in import of Tilapia fish, is investing Rs.1, 000 crore in Telangana for setting up the largest freshwater aquaculture project in the world The company will be setting up the project near Mid Manair reservoir, Rajanna Sircilla district This announcement was made by the company Chairman and CEO Manish Kumar after […]

Stalin in UAE: Lulu Group to invest Rs 3,500 crore in Tamil Nadu

Financial News

The multibillion-dollar Lulu group of Keralite NRI businessman M.A. Yusuf Ali will be investing Rs 3,500 crore in Tamil Nadu. This was announced by the group chairman and Managing Director M.A. Yusuf Ali while attending the investors’ meet of Tamil Nadu in Dubai The meet was organised by the Tamil Nadu state government on Saturday. […]

Game-Streaming Platform Loco Raises Rs 330 Cr In Hashed-led Funding Round

Financial News

India’s leading game-streaming platform Loco said it had secured Rs 330 crore ($42 million) in an investment round led by Hashed. Besides Makers Fund, Catamaran Ventures, and Korea Investment Partners, all investors from the company’s seed round, including Krafton, Lumikai, and Hiro Capital, also participated in this round. The new investment will cement Loco’s current […]

Indian investors can trade in select US stocks via NSE IFSC from March 3

Financial News

From March 3, investors in India will be able to trade in select US stocks through the NSE International Exchange (NSE IFSC), a wholly owned subsidiary of the National Stock Exchange (NSE). Investors can invest in NSE IFSC receipts on US stocks, which will be in the form of unsponsored depository receipts For a start, this will include DRs […]

Multibagger Stock Turns ₹1 lakh to ₹1.35 Crore In 10 Years

Financial News

Stock market investors looking for multibagger stocks for 2022 are busy finding quality stocks that are available at discounted price after the recent bloodbath. For such investors of the secondary markets, Deepak Nitrite can be a good bet in long term, say experts. Stock market experts said that the stock has shed a lot and […]

Markets In A Bear Trap, Investors Lose Rs 10 Lakh Crore Of Wealth In 2 Days

Financial News

Relentless selling pressure roiled the equity markets for the second consecutive session on February 14, leaving investors poorer by Rs 10 lakh crore Fears of a possible invasion of Ukraine by Russia, inflating crude oil prices, and a correction in global markets spooked investors for the second day in a row Equity benchmark indices fell […]

MFs garner Rs 99,704 crore via NFOs in 2021 on sharp rally in stock market

Mutual fund houses launched 140 new fund offerings (NFOs), which collected about Rs 1 lakh crore in 2021 on a sharp rally in the markets and an exceptional increase in the retail investors’ interest However, the current volatility in the stock market might prompt asset management companies (AMCs) to limit the launch of NFOs this year, said MyWealthGrowth.com co-founder […]