Check out the companies making headlines before the bell. Birkenstock — The shoe company jumped 3.5% after UBS upgraded shares to buy from neutral. The investment bank cited higher average sales prices and strong growth in the Asia market. Chewy , GameStop — Shares of Chewy soared more than 16% after regulatory filing showed meme…
RIL is in its fourth monetisation cycle this century. (Representational Image) Reliance Industries has seen monetisation cycles deliver 2-3x value creation for shareholders in the past nearly three decades, with each decade seeing over $60 billion in market cap creation Reliance Industries Ltd can add up to $100 billion to its market capitalisation in its…
Keith Gill, aka Roaring Kitty, hosting a YouTube livestream on June 7th, 2024. Source: Roaring Kitty | YouTube Shares of Chewy popped in the premarket trading Monday after a Securities and Exchange Commission filing showed meme stock trader “Roaring Kitty” took a stake in the pet food e-commerce retailer. The filing showed Roaring Kitty, whose…
Both lenders will offer loans to the middle and low-income segment borrowers with a focus on rural and semi-urban regions. (Representative image) This partnership will cater to potential customers who are either new to credit or untapped by larger institutions and build a multi-product loan book. Private sector lender Axis Bank and Piramal Capital and…
The Indian wedding industry, valued at around Rs 10 lakh crore (USD 130 billion), ranks second only to the food and grocery sector. According to a report, the average Indian spends twice as much on a wedding ceremony as on education. India hosts 80 lakh to 1 crore weddings annually, surpassing China, which sees 70-80…
As telecom players Reliance Jio, Bharti Airtel and Vodafone Idea raised their tariffs last week, the move is expected to boost their earnings by 20 per cent-25 per cent, according to India Ratings and Research. “The improvement in Ebitda (earnings before interest, tax, depreciation, and amortisation) would be gradual over the next six months,” India…
Last Updated: July 01, 2024, 12:37 IST Shares of Indian Renewable Energy Development Agency (IREDA) surged over 6 percent Shares of IREDA surged over 6% in morning trading on July 1 as the company reported a 382.62 per cent year-on-year (YoY) increase in loan sanctions Shares of the Indian Renewable Energy Development Agency (IREDA) rose…
India sees between 80 lakh to 1 crore weddings annually. The report highlighted that in India, spending on weddings is twice as much as on education up to graduation. Indian weddings have always been a grand affair and the extravagance and opulence have caused the wedding industry to be the second-largest sector in the country….
Gold rate today in India on July 01, 2024. (Representative image) Gold Rate Today: Check gold prices today in different Indian cities on July 01, 2024 Gold Rate Today In India: On July 01, the price of 10 grams of gold was approximately Rs 72,000. Pure 24-carat gold was valued at Rs 72,270 per 10…
Last Updated: July 01, 2024, 09:24 IST Sensex Today: After a dream run last week, Indian bourses are poised to open on a flattish note on Monday tracking mixed global cues. Global Cues Asia-Pacific markets staged a varied show on Monday morning as investors evaluated China’s official June business activity data and Japan’s business confidence readings….
