Reliance Industries’ board of directors has appointed Anant Ambani as a whole-time director of the company and he will be designated as the Executive Director. The appointment comes into effect from May 1, 2025 and he will be in the office for a period of five years. The appointment has been made on the recommendations…
READ MOREIn a world driven by deadlines and high-stakes decisions, mental clarity often feels like a luxury. But for Ganesh Mohan, Managing Director of Bajaj Finserv AMC, it’s a necessity—sharpened not just in boardrooms but also at 4,000 metres above sea level. In this edition of Mind Over Money, Mohan takes us through his transformative journey…
READ MORESynopsis The first attempt to blend ethanol in gasoline to achieve the twin objectives of reducing the oil import bill and helping the sugar industry was made way back in 2001. For one or the other reason, things did not work out as planned. The effort was renewed some seven years back, amidst skepticism both…
READ MOREHowever, this demographic advantage can be derailed due to the lack of adequate health infrastructure and health financing. In a developing nation like India, access to affordable and quality healthcare is an absolute necessity.Every year, about 55 million Indians are pushed into poverty due to catastrophic health expenditures, according to a World Health Organization report….
READ MOREAce investor Madhusudan Kela added three new smallcap stocks in his portfolio in the quarter ended March 31, 2025 viz. Windsor Machines, SG Finserve and Prataap Snacks while raising stakes in Kopran. Kela, who has a portfolio worth over Rs 3,500 crore according to data available on Trendlyne, holds 17 stocks as per the latest…
READ MOREInvestors’ wealth got wiped out by Rs 8.88 lakh crore in two days of market slump due to profit-taking and growing tensions along the Indo-Pak border following the terror attack at Pahalgam in Jammu & Kashmir. On Friday, the 30-share BSE barometer tanked 588.90 points or 0.74 per cent to settle at 79,212.53. During the…
READ MOREOil-to-telecom conglomerate Reliance Industries (RIL) today approved a fund-raising plan of Rs 25,000 crore through the issuance of listed, secured/unsecured, redeemable non-convertible debentures (NCDs) in one or more tranches on a private placement basis. The announcement came alongside RIL’s Q4FY25 earnings. The company’s board also approved a dividend of Rs 5.50 per equity share for…
READ MOREReliance Industries posted a steady performance for the March quarter, supported by a strong showing in its consumer businesses even as its traditional energy verticals faced margin pressures. Growth in the telecom and retail arms helped cushion the impact of a weaker oil-to-chemicals cycle and softer gas realizations. The company also announced a dividend and…
READ MORESynopsis As volatility increases on the street, you will hear talk of the Nifty getting support at XYZ or some other level. This is where investors need to be cautious. The reason is simple: The bottom line and earnings of companies are not impacted by where the Nifty is trading. It is impacted by what…
READ MORESwiggy’s stock may face heightened volatility in the near term as the expiry of a major pre-IPO shareholder lock-in period approaches, according to brokerage JM Financial. The lock-in, which ends on May 12, will make around 83% of the company’s shareholding eligible for trade for the first time, raising the potential for large-scale offloading. On…
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