Ace investor Ashish Kacholia’s portfolio witnessed a 12% correction since the quarter ended September 2024. The portfolio value declined from Rs 3,498.5 crore at the end of Q2FY25 to Rs 3,078.9 crore as of 30th November 2024, according to data from Trendlyne. Meanwhile, in the September quarter, Kacholia added seven new stocks to his portfolio,…
READ MOREMerlin Group, with projects across central Calcutta and its outlying suburbs along the Hooghly river, anticipates achieving sales of Rs 20,000 crore over the next 7-8 years, fueled by a robust real estate market and ongoing projects. The firm, which rebranded itself recently, plans to invest Rs 8,000 crore during this period to develop its…
READ MOREThe primary market will see its biggest offering till date from Hyundai Motor India next week as the automaker is planning to raise over Rs 27,000 crore through its IPO. Apart from this, two other SME IPOs from Lakshya Powertech and Freshara Agro will also open for subscription next week. Further, the Street will also…
READ MOREShares of Tata Power rose 2% to Rs 491.2 in Tuesday’s trade after the company announced the signing of a landmark memorandum of understanding (MoU) with the Rajasthan government. The agreement was signed during the ongoing Rising Rajasthan Investor Meet in New Delhi and the proposed investment plan under it will be Rs 1.2 lakh…
READ MOREUS-based NRI investor Rajiv Jain-led GQG Partners, best known in India for investing in Adani stocks, has been charged by the US Securities and Exchange Commission (SEC) for allegedly violating whistleblower protection rules. The boutique investment firm has agreed to settle charges by paying a $500,000 penalty. “The SEC’s order finds that GQG violated whistleblower…
READ MOREThe shares of HFCL rallied by nearly 6% post the signing of a strategic partnership with General Atomics. The company has been selected to develop and supply critical sub-systems for GA-ASI’s advanced Unmanned Aircraft Systems (UAS). This partnership marks a milestone in HFCL’s journey, as it becomes a key contributor to one of the world’s…
READ MOREConsider this scenario: you wake up one morning, feeling confident and in control of your financial future. You know exactly where your money is coming from, how it’s being spent, how much is being saved, and where it’s being invested. This isn’t just a dream — it’s a reality you can create by mastering the…
READ MOREIndia is projected to have a potential Small and Medium Real Estate Investment Trusts (SM REITs) market value exceeding $ 60 billion by 2026, with over 350 mn sq ft of ready commercial office stock. Among the top seven cities, Mumbai leads the potential SM REIT-ready completed stock with 75 mn sq ft as of…
READ MOREIndia’s wealth management industry is entering a pivotal phase, with current assets under management (AUM) estimated between $1-1.2 trillion. As India accelerates its trajectory as the fastest-growing economy coupled with a dynamic investment landscape, the Indian wealth management industry is poised for sufficient expansion. This growth is underpinned by the ‘Triple Multiplier Effect’ – the…
READ MOREIndian Railway Finance Corporation Share Price 169.85 04:03 PM | 6 Sep 2024 -3.63(-2.1%) One97 Communications Share Price 603.8 04:03 PM | 6 Sep 2024 -22.75(-3.64%) YES Bank Share Price 23.14 04:03 PM | 6 Sep 2024 -0.25(-1.07%) ITC Share Price 501.7 04:03 PM | 6 Sep 2024 -9.5(-1.86%) HDFC Bank Share Price 1636.95 04:03…
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