Here are the top Artificial Intelligence stocks in India along with their key details: · Affle India Limited · Zensar Technologies Limited · Persistent Systems Limited · Bosch Limited · Oracle Financial Services Software Limited · L&T Technology Services Limited · Tata Elxsi Limited · Mindtree Limited · Tech Mahindra Limited · Wipro Limited Understanding…
Food delivery giant Zomato has confirmed ongoing discussions to acquire Paytm’s movie and ticketing business, ending recent speculation, according to an exchange filing. “We acknowledge that we are in discussions with Paytm for the aforementioned transaction. However, no binding decision has been taken at this stage that would warrant board approval and subsequent disclosure in…
Vedanta Sesa Goa announced on Friday that its subsidiary, Western Cluster Ltd (WCL), plans to invest USD 2 billion in the socio-economic development of Liberia, West Africa. WCL is a wholly-owned subsidiary of Bloom Fountain Ltd, which in turn is a wholly-owned subsidiary of Vedanta Ltd. “Western Cluster Ltd, a significant entity in Liberia’s mining…
On Wednesday, Apple reclaimed its position as the world’s most valuable company, overtaking Microsoft. The iPhone maker’s shares surged nearly 4% to a record $215.04, giving it a market valuation of $3.29 trillion, while Microsoft’s market capitalization fell to $3.24 trillion, marking Apple’s lead for the first time in five months. This stock surge coincided…
Zee Entertainment Enterprises’ board has approved a fundraise of up to $239.6 million, the Indian broadcaster announced on Thursday. Earlier this year, the company faced setbacks with two major deals: a $10 billion merger with Sony India and a $1.4 billion cricket broadcasting deal with Walt Disney. These failures forced Zee to cut costs and…
4o Adani Group stocks, including Adani Enterprises, Adani Ports, and Adani Energy Solutions, saw a decline of up to 14% on Wednesday, continuing their sharp fall from the previous session following the 2024 Lok Sabha election results. Shares of Adani Enterprises, Adani Energy Solutions, Adani Ports & SEZ, Adani Green Energy, Adani Power, Adani Total…
Economic Insights from Data Released on May 31st The recent data release on May 31st offers several insights into the Indian economy’s performance in Q4 FY2024 and April 2024. Indian GDP grew by 7.8% in Q4 FY2024, a faster-than-anticipated rate, though it marked a four-quarter low. Despite this, the full-year GDP expansion reached an impressive…
Total domestic passenger vehicle sales saw a slight increase to 1,44,002 units last month from 1,43,708 units in the same period last year. Sales of mini segment cars, including the Alto and S-Presso, dropped to 9,902 units from 12,236 units in May 2023. Compact car sales, covering models such as the Baleno, Celerio, Dzire, Ignis,…
Kabra Extrusion Technik Ltd. (BSE: 524109, NSE: KABRAEXTRU, ISIN: INE900B01029) and Eve Power Co. Ltd. (EVE) have formed a collaboration to deliver advanced Battery Energy Storage System (BESS) solutions in India. Under this agreement, EVE will supply battery cells and DC-side ESS products to Kabra, which will then assemble and integrate these products at its…
In recent years, particularly since the outbreak of the Covid-19 pandemic, there has been a significant surge in the focus on financial inclusion worldwide. The pandemic highlighted existing disparities in access to financial services and underscored the urgent need for economic equality and opportunities for everyone, regardless of their socioeconomic status. At the heart of…