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Tata Motors To Utilise New $1 Billion TN Plant For Jaguar Land Rover Cars

Tata Motors, the renowned Indian automotive manufacturer, is set to establish a cutting-edge manufacturing facility in the southern state of Tamil Nadu, with plans to produce luxury cars under the Jaguar Land Rover (JLR) brand, according to two sources familiar with ...

RBI Plans License Regime For POS Players; Major Impact Expected

The Reserve Bank of India (RBI) is set to introduce a licencing framework for point-of-sale (POS) operators. This development is poised to impact major players such as Pine Labs, MSwipe, Paytm, and BharatPe. The objective is to ensure operational harmony and ...

0.24% Dividend Yield: This Midcap Auto Ancillary Stock Soars After Brokerages Give 'BUY' Call; Do You Own?

Sansera Engineering Ltd witnessed a surge in its share prices, climbing nearly 2% to reach Rs 1,055.20 per share as of 11:20 am on the National Stock Exchange (NSE). This upswing follows the 'BUY' rating assigned to the company by Indian ...

Vodafone Idea Board Mulls Preferential Share Issue on April 6

Vodafone Idea announced on Wednesday plans for a crucial board meeting on April 6. The telecom giant intends to deliberate on the proposal for issuing equity shares or convertible securities on a preferential basis. This strategic move underscores the company's proactive ...

Vodafone Idea Secures Shareholders' Approval for Rs 20,000 Crore Fundraising

Vodafone Idea, one of India's leading telecom companies, has achieved a significant milestone by obtaining approval from its shareholders for a proposal to raise Rs 20,000 crore through a combination of equity and equity-linked securities. The announcement, made via a market ...

FY24 IPO Frenzy: This Fiscal Year Sees Record Public Issues; 5 Stocks Surge Over 150%; SME Portion Soars

The financial year 2024 (FY24) has been nothing short of spectacular for the Indian IPO market, witnessing a surge in offerings and unprecedented enthusiasm among investors. With a record-breaking 75 IPOs hitting the market, coupled with a substantial increase in SME ...

Indian EV Drive Sparks Grown Up In Chinese Auto Firms: GTRI Report

India's ambitious push towards bolstering domestic electric vehicle (EV) manufacturing may pave the way for a substantial influx of Chinese auto firms into the local market, suggests a report by the Global Trade Research Initiative (GTRI). Citing China's burgeoning automotive industry, ...

Paytm Senior VP Praveen Sharma Steps Down Amid Regulatory Pressures and Changes

Praveen Sharma, the senior vice president of business at One 97 Communications, the parent company of Paytm, on Sunday has announced his resignation, according to an exchange filing by the fintech major. Sharma's departure, scheduled for March 31, comes as a ...

US Asset Manager Vanguard Forecasts No Fed Interest Rate Cuts In 2024; What Are The Anticipations?

Vanguard, one of the top US asset managers, has defied expectations by predicting that the Federal Reserve will refrain from cutting interest rates throughout 2024. This stands in contrast to the Federal Reserve's own projections, which foresee three quarter-percentage point cuts ...

Paytm Gets NPCI Approval, Becomes Third-Party UPI App Provider

The National Payments Corporation of India (NPCI) has granted approval to One97 Communications Limited (OCL), the parent company of Paytm, to operate as a third-party application provider (TPAP) under the multi-bank model for Unified Payments Interface (UPI) services. This long-awaited licence ...

Japan's Nikkei 225 Share Benchmark Touches 40,000, Lifted By Technology Stocks

Japan's Nikkei 225 share benchmark topped 40,000 on Monday for the first time as strong demand for technology shares keeps pushing the index higher. By midday in Tokyo, the index had gained 0.8 per cent to 40,226.83. Shares in computer-chip related ...

Tata To JSPL: Steel Stocks See Bullish Trend; Which To Buy?

Today, amidst a broader market rally, JSW Steel Ltd witnessed the most significant surge on the Sensex, climbing 3.3% to Rs 847.70 from the previous close of Rs 820.60 on BSE. Similarly, Tata Steel surged by 4% to closed Rs 143.25. ...

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