Stalin in UAE: Lulu Group to invest Rs 3,500 crore in Tamil Nadu
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
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 […]
Rupee advances 22 paise to 76.78 against US dollar in early trade
The rupee advanced 22 paise to 76.78 against the US dollar in the opening trade on Wednesday, supported by the weakness in the American dollar and recovery in domestic equity markets Forex traders said the rupee could remain range-bound and can witness high volatility amid the deepening Russia-Ukraine conflict At the interbank foreign exchange, the rupee opened […]
Rupee plummets 76 paise to 76.93/USD as oil soars amid Ukraine crisis
Sliding for the fourth straight session, the rupee tanked 76 paise to close at 76.93 on Monday, after touching its lifetime low of 77 against the US dollar, as crude oil prices climbed to multi-year highs amid the Russia-Ukraine crisis Global oil prices soared past USD 120 per barrel amid the US and European nations […]
Indian investors can trade in select US stocks via NSE IFSC from March 3
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 […]
Rupee slumps 49 paise to 75.82 against US dollar in early trade
The rupee declined 49 paise to 75.82 against the US dollar in opening trade on Wednesday amid a weak risk appetite as tensions escalated in Eastern Europe Forex traders said sustained foreign fund outflows, a lackluster trend in domestic equities and elevated crude oil prices weighed on investor sentiment At the interbank foreign exchange, the rupee opened at […]
Airtel falls 3% as investors okay investment from Google, telco signs deal to up stake in Indus Towers
Bharti Airtel’s share price shed 3 percent in early trade on February 28 after shareholders approved the issue of preferential shares to Google for its Rs 7,500 crore investment and the telecom company entered into an agreement with Vodafone Plc to buy equity interest in Indus Towers Bharti Airtel will buy a 4.7 percent stake […]
Rupee rises by 22 paise to 74.44 against US dollar in early trade
The rupee spurted by 22 paise to 74.44 in early trade on Monday on softer crude oil prices and revived hopes of a diplomatic solution to the Russia-Ukraine crisis The rupee gained further ground to trade at 74.44 at 1030 hours, supported by benign crude oil prices Reports suggested that the US and Russia have agreed to hold […]
IT to Hire 50 Lakh in 5 Years, New Investment Opportunity for Middle Class: Rakesh Jhunjhunwala
Ace investor Rakesh Jhunjhunwala said that the stock market has no king. Stock market is the only king. The ones who thought they were, landed up in Aurthur jail, Jhunjhunwala said while speaking at an event of the Confederation of Indian Industry (CII) on February 17 Nobody can predict weather, death, market and women, the ace investor further mentioned. […]
₹34 to ₹142: Small-cap multibagger stock gives 300% return in 2022
Amid stock market investors are busy finding out possible multibagger stocks for 2022, a good number of small-cap stocks have entered the list of multibagger stocks and multibagger penny stocks in 2022. Shares of Variman Global Enterprises are one of them. This BSE listed IT solution company stock has surged from ₹34.35 (close price on 31st […]
