Zee Entertainment Enterprises witnessed a drastic 30% decline in its share price on both the NSE and the BSE following Sony's termination of the merger agreement. Sony is now seeking a $90 million termination fee, leading to a substantial loss of ove

India emerged as the world's fourth-largest stock market by market capitalization, outpacing Hong Kong. India's market cap stood at $4.33 trillion, slightly ahead of Hong Kong's $4.29 trillion. This milestone reflects the robust performance of Indian

In today's early trade, Metro Brands, one of India's leading footwear retailers, faced a 6% drop in shares falling to ₹1,140. The decline follows Q3FY24 earnings that fell short of street expectations. Reported a consolidated net profit of ₹99

National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) are gearing up for a special live trading session in the equity F&O segment on 20 January 2024. This move is part of their strategy to switch to the Disaster Recovery (DR) site, ensuri

Nazara Technologies has recently taken a step to raise ₹250 crore through a preferential allotment of equity shares, with key investor Nikhil Kamath of Zerodha leading the way. Prominent investors, including Nikhil Kamath's Kamath Associates, NKSqu

On 18 January, NHPC, a state run hydropower producer, faced a 5% drop in its shares after the government announced its plan to sell a 3.5% stake through an Offer for Sale (OFS). The floor price for this sale was set at ₹66 per share, presenting a d

To boost Renewable energy projects in India, the Indian Renewable Energy Development Agency (IREDA) has partnered with Indian Overseas Bank to co-finance various initiatives. The Memorandum of Understanding (MoU) was signed in the national capital in

L&T Technology Services Limited has posted financial results for the third quarter of FY24, showcasing growth in both net profit and revenue. The firm reported a net profit of ₹336.2 crore, marking a 13.3% increase from ₹296.8 crore in the sa

Stocks of several companies, such as Tata Consultancy Services (TCS) and HCL Technologies, are scheduled to go ex-dividend this week. Additionally, certain other companies will trade ex-bonus or ex-split and some have announced share buybac

Jio Financial Services Ltd (JFSL), the demerged entity of Reliance Industries, witnessed a 6.25% drop in its share price to ₹250.10 on the BSE after revealing its Q3 results. Net profit declined by 56% to ₹293.82 crore from ₹668.18 cr in the Se

TVS Motor, a leading two-wheeler manufacturer in India has crossed the ₹1 lakh crore market capitalization mark in yesterday's trade. The company's shares reached a new peak at ₹2,108.95 apiece. Over the past year TVS Motor's market capitalizatio

Bharat Heavy Electricals Ltd (BHEL) witnessed a surge in its shares by over 4%, reaching a 52-week high on Monday. This upswing came after the announcement of a contract win valued at ₹15,000 cr. As the stock opened higher it rallied further by 4.6