UIDAI Plans to Scale Aadhaar Authentications to 300 Million Daily The Unique Identification Authority of India (UIDAI) is preparing to significantly increase the daily Aadhaar authentication capacity to 300 million, according to UIDAI chairman Neelkantha Mishra. This [...]
Snap's Ajit Mohan Steps Down, Ronan Harris Named CBO Snap Inc, the parent company of Snapchat, announced that its Chief Business Officer (CBO) Ajit Mohan is stepping down after a four-year tenure. The leadership transition marks a [...]
Rupee Slips 21 Paise to 94.95 Against US Dollar in Early Trade The Indian rupee depreciated by 21 paise to 94.95 against the US dollar in early trading on Friday, reflecting ongoing pressure from global economic factors [...]
Defence Stocks Rally as DAC Approves ₹1.10 Lakh Crore Deals Indian defence stocks saw a significant rally following the Defence Acquisition Council's (DAC) approval of acquisition proposals worth ₹1.10 lakh crore. This move, chaired by Defence Minister [...]
Adani, NTPC Lead Applicants for ₹37,500-Cr Coal Gasification Scheme The Government of Indiahas received applications from five major companies, including Adani Enterprises and NTPC Ltd, for the ambitious coal gasification scheme worth ₹37,500 crore. This initiative is [...]
Sensex Drops 550 Points as Nifty Falls Below 23,700 Amid Brent Near $100 On a volatile trading day, the Indian stock market faced significant pressure as the Sensex dropped by approximately 550 points and the Nifty50 slipped [...]
India’s IPO Window Opens Wide as OFS Opportunities Expand in 2024 India’s capital markets are witnessing a resurgence in activity as the initial public offering (IPO) window expands prominently in 2024. Coupled with this, the offer-for-sale (OFS) [...]
Defence Exports Rise Post Operation Sindoor: Jefferies' Top Stock Picks India's defence exports have experienced a notable increase following the successful execution of Operation Sindoor, signaling a strengthening position for the country's defence manufacturing sector. This development [...]
GIFT Nifty Signals Negative Open Amid US-Iran Tensions and Mixed Asia Markets On September 8, the GIFT Nifty futures indicated a negative opening for the Indian stock market, reflecting investor apprehensions around escalating US-Iran tensions and uneven [...]
ESDS Debut Sparks 5.19% Rise in Motilal Oswal Digital India Fund The Motilal Oswal Digital India Fund experienced a significant 5.19% increase driven by the blockbuster market debut of ESDS, marking a strong start for the mutual [...]