Author: Sharique Samsudheen

Founder & CEO at fundfolio. Entrepreneur at Heart, Startups, Personal Finance and Investment freak!
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News Shots Tata Consumer Products has commissioned a new plant in Gopalpur in the Odisha’s Ganjam district. The plant was commissioned in a span of 18 months with an investment of Rs 100 crore. Stock exchange BSE announced the launch of trading in delivery-based futures contract in steel billets, which will provide a risk hedging […]
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News Shots The Tata Groups’ Tata AutoComp Systems along with US-based charging infrastructure company Tellus Power Green has executed a supply order for 64 200kW DC fast chargers to Tata Power. Tata Power is setting up charging stations for the EV buses in Mumbai as well as Ahmedabad. The drug firm Granules India said its […]
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News Shots Tata Steel Mining and Jindal Stainless signed an MoU to jointly unearth chrome ore locked up in the boundary between their mines located at Sukinda in Odisha’s Jajpur district. Bata India will focus on expansion in small towns and online channels as part of its efforts to save cash through enhanced productivity, cost-reduction […]
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News Shots HDFC Bank reported higher standalone profit at Rs 7,729.64 crore in Q1 FY22, up 14% YoY with an increase in net interest income of 8% YoY. However NPA rates have sharply increased, which is a cause for concern across the market. Profits missed estimates. Reliance Retail, subsidiary of Reliance Industries, is taking over […]
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News Shots Wipro posted a 35.6 percent jump in June quarter consolidated net profit to Rs 3,242.6 crore, which is higher than expectations. Reliance Industries clarified that it won’t comment on Justdial acquisition reports. “The company evaluates various opportunities on an ongoing basis,” RIL said. The power giant NTPC said its group companies in this […]
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News Shots Infosys posted nearly 23 percent YoY rise in net profit for the June quarter at Rs 5,195 crore. This is slightly below analyst expectations.  Tata Consultancy Services announced plans to expand its operations in Arizona, by investing over $300 million by 2026 and hiring more than 220 employees by 2023. Tata Motors has […]
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News Shots Adani Airport Holdings, a wholly owned subsidiary of Adani Enterprises has taken over the management control of Mumbai International Airport Limited from the GVK Group. HDFC Bank to meet on July 17 to consider raising funds via foreign currency debt. Bank of Maharashtra approved the floor price of Rs 24.89 per equity share […]
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News Shots HCL Technologies announced the signing of a five-year global agreement to provide digital transformation and managed services to US-based The Mosaic Company. Hindustan Unilever has launched its first ‘Smart Fill’ machine, an in-store vending model for its home care products to reuse, reduce and recycle plastic. Maruti Suzuki India announced the nationwide roll-out […]
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News Shots The IPO of Zomato will open for subscription on July 14. Info Edge, the largest shareholder in the food aggregator, has reduced its offer for sale size by half to Rs 375 crore in Zomato’s initial public offering. Housing finance major HDFC has divested 2.46 percent of its stake in Hindustan Oil Exploration […]
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News Shots Bajaj Auto has reduced price of Dominar 250 bike by Rs 16,800 to Rs 1,54,176. The newly announced price on Dominar 250 is expected to grow the franchise further by encouraging customers to take their first step into the world of touring. Dr Reddy’s Laboratories, which sells its Over the Counter (OTC) products […]

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