Bandhan Bank Stock Surges 7% on RBI Approval of New MD & CEO; NCGTC to Pay Rs 315 Crore Under CGFMU Claim

Bandhan

Bandhan Bank, one of India’s prominent private sector banks, has recently witnessed a significant surge in its stock price, climbing by 7% following the Reserve Bank of India’s (RBI) approval of a new Managing Director and Chief Executive Officer (MD & CEO). This move is seen as a positive development for the bank, fostering investor … Read more

Buy Tata Consultancy Services; Target of Rs 5230: Sharekhan’s Strategic Investment Insight

Tata

Tata Consultancy Services (TCS), one of the most iconic and influential companies within the Indian corporate landscape, continues to be a focal point for investors seeking sustainable long-term growth. According to a recent report from Sharekhan, an esteemed brokerage firm, TCS is a strong ‘buy’ with a target price of Rs 5230. This recommendation is … Read more

Noel Tata Likely to Be Appointed Chairman of Tata Trusts, Mehli Mistry to Join as Permanent Trustee: A New Chapter in Tata Group Leadership

Tata

The Tata Group, one of India’s largest and most respected business conglomerates, is potentially entering a significant new phase of leadership transition. With Noel Tata, a member of the illustrious Tata family, reportedly being considered for the role of Chairman of Tata Trusts, and Mehli Mistry, a close associate of the Tata family, likely to … Read more

Cummins India Stock Tumbles 6% Following Goldman Sachs’ Downgrade to ‘Sell’

India

Cummins India, one of the leading providers of power solutions and engines, faced a significant setback in the stock market as its shares tumbled by 6% following a downgrade by Goldman Sachs. The financial giant downgraded Cummins India’s stock rating from ‘Neutral’ to ‘Sell,’ sparking a sell-off among investors. Goldman Sachs cited multiple factors, including … Read more

ICICI Securities Recommends Holding Tata Elxsi; Sets Target at Rs 7,590

ICICI

Tata Elxsi, one of India’s leading design and technology service providers, has been a standout performer in the stock market over the past few years. ICICI Securities, a well-known brokerage firm, has recently reaffirmed its positive outlook on Tata Elxsi by recommending a “Hold” rating for the stock and setting a target price of Rs … Read more

Rupee Drops to All-Time Low of 83.99 Against the US Dollar on High Oil Prices and FII Outflows

Rupee

In October 2024, the Indian rupee (INR) reached an all-time low of 83.99 against the U.S. dollar (USD), creating a ripple effect across India’s financial markets. This depreciation is attributed to several key factors, including rising global crude oil prices and significant Foreign Institutional Investor (FII) outflows. The weakened rupee has raised concerns about inflation, … Read more

China’s Former Finance Minister Liu Jiwei Warns About Global Financial Risks of Crypto: The Case of Bitcoin ETFs

Liu

In the evolving world of finance, cryptocurrencies have emerged as a revolutionary force, shaking up traditional markets and financial institutions worldwide. While digital currencies like Bitcoin have been hailed as innovative, they have also raised significant concerns among economists, regulators, and government officials. One such voice raising the alarm is *Liu Jiwei, China’s former finance … Read more

Ola Electric’s Twitter Storm: The Bhabhi Shagarwal-Kunal Kamra Saga and Its Impact on the Brand

Ola

In today’s fast-paced digital world, social media has become a battleground where brands, public figures, and customers can engage directly, sometimes with severe consequences. One of the recent high-profile Twitter wars that shook the Indian corporate world involved Bhabhi Shagarwal, the CEO and founder of Ola Electric, and comedian Kunal Kamra. This clash, triggered by … Read more

Israel-Iran War: Should You Invest in Gold Funds to Hedge Your Portfolio?

Israel

The geopolitical landscape is often volatile, with conflicts and tensions influencing global markets. The recent escalations in the Israel-Iran war have raised significant concerns among investors about potential economic ramifications. As uncertainty looms, many are considering gold as a safe-haven asset to hedge their portfolios against potential losses. In this blog, we will explore the … Read more

‘I’m Not Satoshi,’ Says Man Who HBO Suggests Created Bitcoin

Satoshi

The identity of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has been a topic of intrigue and speculation since the inception of the cryptocurrency in 2009. Recently, a new wave of interest was ignited when HBO aired a documentary suggesting that a man named Craig Wright could be the enigmatic figure behind Bitcoin. However, Wright … Read more