In a strong statement highlighting the importance of international trade partnerships, Union Commerce and Industry Minister Piyush Goyal said that Free Trade Agreements (FTAs) signed with Australia, the United Arab Emirates (UAE), and the upcoming pact with the United Kingdom (UK) will open up greater market access opportunities for India’s agriculture sector. Addressing an industry…
The upcoming Initial Public Offering (IPO) of Smartworks Coworking Spaces Ltd has garnered strong recommendations from brokerage house Anand Rathi, which has issued a ‘Subscribe’ rating citing the company’s robust business model, leadership in the managed workspace segment, healthy occupancy levels, and promising growth outlook. Smartworks IPO details Smartworks Coworking Spaces Ltd, India’s largest provider…
The much-anticipated Initial Public Offering (IPO) of National Securities Depository Limited (NSDL), India’s first and largest depository, is expected to open shortly as per market participants. Ahead of its public issue, NSDL’s unlisted share price has declined by nearly 20% from its recent peak in the grey market, reflecting cautious sentiment even as investors keenly…
Shares of Prostarm Info Systems Ltd surged over 11% in intraday trade on Tuesday, continuing their upward trajectory since the company’s market debut last month. The stock has delivered an impressive rally of nearly 62% within a month, reflecting strong investor interest and optimism around its business outlook. Strong debut and sustained rally Prostarm Info…
Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) stocks have garnered bullish ratings from global brokerage Morgan Stanley, which has assigned an ‘overweight’ outlook for both companies citing robust growth prospects. The brokerage expects the loan portfolios of both state-owned non-banking financial corporations to witness a compounded annual growth rate (CAGR) of 12% over…
OpenAI CEO Sam Altman has sparked headlines with his sharp comments on Tesla and SpaceX chief Elon Musk, suggesting that Musk’s fallout with former US President Donald Trump is unsurprising given his history of fractious relationships. Altman’s remarks come amid rising tensions between the two tech titans as their companies compete for AI dominance while…
In a significant leadership development in the global tech and social media ecosystem, Linda Yaccarino has announced her resignation as Chief Executive Officer of X, the platform formerly known as Twitter, after completing a two-year tenure. Her departure marks the end of an era in which the platform underwent radical structural, branding, and operational transformations…
In a historic milestone for the global technology sector, semiconductor giant Nvidia has surpassed the $4 trillion market capitalisation mark, becoming the world’s most valuable publicly traded company. This remarkable ascent places it ahead of tech titans Apple and Microsoft, reinforcing Nvidia’s position as the dominant player driving the artificial intelligence (AI) revolution. The journey…
Prestige Estates Projects Ltd witnessed a notable rise of 2% in its stock price on Tuesday after the real estate major reported record-breaking financial results for the first quarter of FY25. Market analysts and brokerages remain optimistic on the company’s trajectory, projecting continued robust growth due to strong sales bookings, new launches, and a healthy…
A prominent midcap engineering and manufacturing company has attracted significant investor attention after securing a major order worth Rs 54 crore from Bharat Petroleum Corporation Limited (BPCL). The announcement, made on Monday, led to a surge in its stock price during early trade, underlining strong market confidence in its execution capabilities and order book momentum….
