Reliance Intelligence And Meta Partner For AI Joint Venture Reliance Industries Ltd., on Saturday announced the formal incorporation of a new joint venture with Meta Platforms, Inc.’s subsidiary Facebook Overseas, Inc. This move is to focus on developing, marketing, and distributing enterprise AI services, according to the filing. Joint Venture Details The new entity, named […]
LIC Slams Washington Post Report As ‘False And Baseless,’ Denies External Influence On Investments Life Insurance Corporation of India (LIC) has issued a strong rebuttal to a recent report by The Washington Post that alleged its investment decisions, particularly concerning the Adani Group, are influenced by external factors or were guided by a roadmap drafted
Q2FY26 Results: A Mixed Bag for Indian Investors The Indian stock market witnessed a flurry of activity as over 20 companies announced their Q2FY26 results. The results were a mixed bag, with some companies posting impressive growth, while others struggled to meet expectations. In this article, we will delve into the key highlights of the
Market Outlook: Fed Rate Decision, Trump-Xi Jinping Meet, Q2 Earnings, and Orkla IPO The week ahead is poised for significant action with a heavy line-up of corporate results, a jam-packed economic calendar, and a key IPO. The markets will closely watch for signals from the high-level meeting between US President Donald Trump and Chinese President
Seshasayee Paper’s Q2 Results: A Detailed Analysis Seshasayee Paper and Boards Ltd. has reported a decline in net profit and revenue for the second quarter of FY26. The company’s consolidated bottom-line stood at Rs 22.4 crore, a 21.3% decline from Rs 28.5 crore in the year-ago period. This decline in net profit is a significant
Ola Electric to Raise Up to Rs 1,500 Crore: A Boost to India’s Electric Vehicle Dreams Ola Electric Mobility, the leading electric two-wheeler manufacturer in India, has announced that its board has approved a proposal to raise up to Rs 1,500 crore through an issue of securities. This move is expected to provide a significant
Gold’s Bull Run Fizzles Out: A Closer Look at the Factors Behind the Crash After scaling a fresh high in the beginning of the week, gold prices have corrected sharply. On Tuesday, Bloomberg spot Gold has plunged 6.3% to $4,082.03 an ounce, marking the biggest drop since 2013. The bullion held the losses throughout the
Lenskart IPO: A New Opportunity for Indian Investors Lenskart Solutions, the leading eyewear products maker, is all set to open its maiden public issue on October 31. The Softbank-backed company aims to raise Rs 2,150 crore via fresh shares, while promoters and investors will be offloading 12.75 crore equity shares via offer-for-sale. In this article,
Mcap Of Seven Most-Valued Firms Jumps By Rs 1.55 Lakh Crore: Reliance, TCS Shine The combined market valuation of seven of the top-10 most valued firms jumped by Rs 1,55,710.74 crore in the holiday-shortened last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers, amid a positive trend in domestic equities.
Shankar Sharma’s Advice to His Guard: A 20-Year-Old Anecdote on Investing in Gold and Land Shankar Sharma, a veteran Indian investor known for his early bets on Amazon and Apple, recently shared a 20-year-old anecdote of advising his house help and guard to invest in gold and land instead of the stock market. The Advice