Editorial Reliance vs Adani Group: Spearheading India’s Green Energy Revolution At the recent United Nations Climate Change Conference at Glasgow (COP26), India pledged to achieve net-zero carbon emissions by 2070. The Centre has committed to installing a non-fossil fuel electricity generation capacity of 500 gigawatts (GW) and sourcing 50% of India’s energy requirement from renewable sources by 2030. The government also aims to reduce 1 […] Written by Cherian Varghese November 24, 2021November 24, 2021
Market News Top 10 News Adani Group to Invest $20 billion in Renewable Energy – Top Indian Market News Adani Group to invest $20 billion in renewable energy The Adani Group has announced plans to invest $20 billion (~Rs 1.47 lakh crore) over the next 10 years in renewable energy generation and component manufacturing. It also aims to produce the world’s cheapest green electron. Over 75% of the group’s planned capital expenditure (capex) until […] Written by Cherian Varghese September 21, 2021September 21, 2021
Market News Top 10 News Tata Motors Gets NCLT Nod to Hive Off PV Business – Top Indian Market News Tata Motors gets NCLT approval to hive off PV business Tata Motors Ltd has received approval from the National Company Law Tribunal (NCLT) Mumbai bench to hive off its passenger vehicles (PV) business unit into a separate entity. In March 2021, the shareholders of the company had voted and approved the transfer of the PV […] Written by Cherian Varghese August 27, 2021August 27, 2021
Editorial Why Did Adani Stocks Crash Yesterday? A Deep Dive As most of you are aware, all Adani Group stocks have given its investors multi-fold returns over the past year. The shares of Adani Enterprises and Adani Transmission had surged by more than 900% and 600%, respectively, in just one year! Adani Power and Adani Green Energy stocks had rallied by 260% and 250%, respectively. […] Written by Cherian Varghese June 15, 2021June 16, 2021
Market News Top 10 News Report of NSDL Freezing 3 FPI Accounts ‘Erroneous’, says Adani Group – Top Indian Market News Report of NSDL freezing accounts of FPIs are erroneous: Adani Group In a filing to the stock exchanges, the Adani Group clarified that reports of the National Securities Depository Ltd (NSDL) freezing the accounts of three foreign portfolio investors (FPIs) are “blatantly erroneous”. They stated that the report was meant to deliberately mislead the investing […] Written by Cherian Varghese June 14, 2021June 16, 2021
Market News Top 10 News TCS Reports 15% YoY Rise in Net Profit in Q4 – Top Indian Market News TCS Q4 Results: Net profit rises 15% YoY to Rs 9,246 crore Tata Consultancy Services (TCS) reported a 14.8% year-on-year (YoY) increase in net profit to Rs 9,246 crore for the quarter ended March (Q4). The IT firm’s revenue rose 9.4% YoY to Rs 43,705 crore during the same period. The company’s revenue from the […] Written by Cherian Varghese April 12, 2021April 12, 2021
Editorial FTSE Index Rejig to Boost Indian Stocks? On February 19, UK-based index provider Financial Times Stock Exchange (FTSE) announced certain vital changes as part of its quarterly index review. The FTSE report mentions various Indian stocks that will be added or removed in its All-World and All-Cap Index. As per reports, India is expected to receive significant inflows in the range of […] Written by Cherian Varghese February 26, 2021February 26, 2021
Editorial Can the Rally Continue in Adani Ports? Adani Group is one of the biggest corporate groups in India. If you are an active trader or an investor in the market, you would have thought about investing in at least one of Adani’s companies. And why not? The rise of Adani Group over the years is historic and a revolutionary story itself. We […] Written by Sanidhya Bhardwaj February 12, 2021February 12, 2021
Market News Top 10 News Adani Group, AAI Sign Concession Agreement for 3 Airports – Top Indian Market News Adani Group signs concession agreement with AAI for Jaipur, Guwahati, TVM airports Adani Group has signed a concession agreement with the Airports Authority of India (AAI) for operating and maintaining Jaipur, Guwahati, and Thiruvananthapuram airports. The concession period is 50 years from the commercial operation date. The group will now get six months to take […] Written by Cherian Varghese January 19, 2021January 19, 2021
Market News Top 10 News Protesting Farmers Damage 1,400 Jio Towers in Punjab – Top Indian Market News Protesting farmers damage more than 1,400 Jio towers in Punjab Farmers and support groups protesting against the Government’s new farm laws have damaged around 1,450 mobile towers of Reliance Jio in Punjab. More than 176 signal transmitting sites were vandalised in 24 hours on Sunday alone. The mobile and internet services of the company have […] Written by Cherian Varghese December 28, 2020December 28, 2020
Editorial Is Adani Green Overpriced? The $6 Billion Trap for Retail Investors Adani Green is a renewable energy company owned and operated by the Adani Group, headquartered in Ahmedabad, Gujarat. The company’s share price has risen by 1207% in one year’s time. nly 20% of its commissioned solar and wind projects are generating electricity. Why did the share price rise so much? Is the share overpriced? Written by Maarg Vaidya December 3, 2020December 3, 2020
Market News Top 10 News PM Modi Reviews Covid-19 Vaccine Facilities – Top Indian Market News PM Modi reviews Covid-19 vaccine facilities in three-city tour Prime Minister Narendra Modi, on Saturday, reviewed the operations at Covid-19 vaccine facilities in the country. PM Modi visited Zydus Biotech Park in Ahmedabad to review the DNA-based vaccine being developed by Zydus Cadila. He later visited Bharat Biotech’s facility in Telangana to review the progress […] Written by Cherian Varghese November 28, 2020November 28, 2020
The Escorts-Kubota Deal Explained On November 18, Escorts Limited announced that Japan-based Kubota Corporation will join the company as a co-promoter. The foreign entity will invest nearly Rs 9,400 crore in the tractor manufacturing company. With this investment, Escorts is looking to obtain a sizable share of the world’s largest tractor market— India. Dalal Street welcomed this news with […] Written by Anand P M November 23, 2021November 24, 2021
Why Was The PayTM IPO a Flop Show? India’s largest IPO in a decade has turned a flop show! One97 Communications Ltd, the parent company of digital payments app PayTM, lost 27% of its share price on the day of its listing. Domestic retail investors had high hopes on the Rs 18,300 crore IPO. Nevertheless, investors were left surprised when the shares were […] Written by Maarg Vaidya November 22, 2021November 22, 2021
Go Fashion (India) Ltd IPO: All You Need to Know 2021 has been a record year for companies turning public. Go Fashion (India) Ltd, a leading women’s bottom-wear brand based in Chennai, has launched its IPO today— Nov 17. The company holds a nearly 8% market share in the branded women’s bottom-wear market in India. Let us take a closer look into the company and […] Written by Cherian Varghese November 17, 2021November 17, 2021
