Friday, May 24

Business

Business category for business related blogs and articles

Vodafone Idea Share Update: Stock nearing 52-week high after company gets more time to repay ATC
Business

Vodafone Idea Share Update: Stock nearing 52-week high after company gets more time to repay ATC

The spotlight is on Vodafone Idea Ltd.'s shares today, following an agreement between the company and ATC to prolong the redemption timeline for 8,000 Optionally Convertible Debentures (OCDs). In a significant turn of events, the stock value of Vodafone Idea has exhibited notable upward movement, edging closer to its 52-week high mark. This upward surge in share prices comes on the heels of a recent development – the telecom behemoth securing an extension for the repayment of dues to American Tower Corporation (ATC), a major player in the telecommunications infrastructure sector. This news has not only caught the attention of investors but also ignited discussions in financial circles, as it signifies a crucial juncture in shaping the company's future trajectory. Vodafone Idea, a promi...
TVS Motor Unveils X EV for Indian Market, Aims for Global Expansion and Innovative Form Factors
Business

TVS Motor Unveils X EV for Indian Market, Aims for Global Expansion and Innovative Form Factors

TVS Motor Unveils X EV for Indian Market, Aims for Global Expansion and Innovative Form Factors TVS Motor has introduced a new electric vehicle (EV) called the X EV in Bengaluru, and it costs around INR 2.50 lakh. This EV is equipped with a special type of battery called a dual battery pack, which has a capacity of 4.44 kilowatt-hours. The company has included many new and advanced technologies in this EV. They are targeting young people from the generation called Gen-Z, both in India and around the world. TVS sees the X EV as a key part of its plan to sell more high-quality products in India and other countries. They want to become a big global company in the field of mobility, which means vehicles that help people move around. TVS has plans to introduce several more EVs in t...
“Indian-American US Presidential Candidate Vivek Ramaswamy Unveils 10 Central Campaign ‘Truths'”
Business

“Indian-American US Presidential Candidate Vivek Ramaswamy Unveils 10 Central Campaign ‘Truths'”

Indian-American entrepreneur and Republican Presidential candidate, Vivek Ramaswamy, has affirmed his commitment to his campaign by stating that he will gracefully decline any offer to serve as the vice president if he does not secure the GOP nomination in 2024. This declaration underscores his dedication to his presidential bid and his focus on securing the nomination through the party's primary process. Here are the 10 central campaign "truths" as you've presented them: God is real. There are two genders. Human flourishing requires fossil fuels. Reverse racism is racism. An open border is no border. Parents determine the education of their children. The nuclear family is the greatest form of governance known to mankind. Capitalism lifts people up from poverty...
SBFC Finance Shares Surge 60% Above Issue Price: Hold or Take Profits?
Business

SBFC Finance Shares Surge 60% Above Issue Price: Hold or Take Profits?

SBFC Finance Shares Surge 60% Above Issue Price: Hold or Take Profits? After SBFC Finance started trading on the stock market, a lot of people wanted to buy its shares, so the price went up by about 12% on the first day. This means the shares were being sold for Rs 91.50 on the BSE stock exchange. On the first day that SBFC Finance started trading, more people decided to buy its shares because they were listed at a higher price than when they were first offered to the public. This listing happened on Wednesday and the shares were sold for Rs 82 on the National Stock Exchange and Rs 81.99 on BSE. This was much more than the original price of Rs 57 when they were first offered.     After SBFC Finance started being traded on the stock market, a lot of people wanted ...
Man behind the huge success of Paytm – Vijay Sekhar Sharma
Business

Man behind the huge success of Paytm – Vijay Sekhar Sharma

The Journey of Vijay Shekhar Sharma - Founder of Paytm The Man behind the huge success of Paytm - Vijay Shekhar Sharma, the founder of Paytm, was born on July 8, 1978 in Aligarh, Uttar Pradesh, India. Vijay Shekhar Sharma founded a company called XS Communications that provides content services to mobile users. However, things did not go as planned due to legal difficulties and other issues. There were many gaps in India in 2007 – the gap of Internet users, the gap of devices such as laptops and smartphones, and the delivery and payment gap. As investors, we can make decisions and use logic to forecast the market. But businessmen are like Argonauts sailing in a sea of ​​fog. Every day they must maintain their faith and go in search of lands they cannot find. They failed at work. ...
Vijay Shekhar Sharma Acquires 10.3% Stake in Paytm from Antfin; Stock Soars 11%
Business

Vijay Shekhar Sharma Acquires 10.3% Stake in Paytm from Antfin; Stock Soars 11%

Vijay Shekhar Sharma Acquires 10.3% Stake in Paytm from Antfin; Stock Soars 11% Vijay Shekhar Sharma, founder of Paytm, will acquire 10.30% stake in the company from Antfin (Netherlands) Holding BV. Antfin transferred Paytm's Rs 6.53 crore to Resilient Asset Management B.V., Sharma owns 100% of the total equity stake in the enterprise. The document stated that under the agreement, Resilient Asset Management BV will provide OKB to AntFin in exchange for the transfer and maintain their market value. Paytm also claimed that new members will benefit the company. With the deal, Sharma's fair and indirect stake in Paytm will rise to 19.42%, while Antfin's stake will fall to 13.5%. The change will be made through barter change. Paytm said in a statement that it expects to benefit from the ...
How Do Gold Price Change In India?
Business

How Do Gold Price Change In India?

How Do Gold Price Change In India? Gold is highly valued in Indian culture as a symbol of wealth, prosperity and religious significance. If you are interested in gold prices in India, it is important to understand the reasons behind their fluctuations. In this article, we will explain in simple terms the factors that contribute to the change in gold prices in India and how gold price is determined.  1. Global Gold Prices The price of gold in India is closely linked to the international market price. Worldwide, gold prices are affected by factors such as the global economy, political events, inflation, interest rates, and investors' views on gold. When the world gold price rises, the Indian gold price will also rise and vice versa.  2. Currency Exchange Rates Since India imports a ...