Articles for author: Market News

Market News

Nishant Pitti sells 14% stake in Easy Trip Planners, triggering a 15% share price drop amid significant market turbulence.

Nishant Pitti sells 14% stake in Easy Trip Planners, triggering a 15% share price drop amid significant market turbulence.

Nishant Pitti, a co-founder of Easy Trip Planners, has sold a 14 percent stake in the company for Rs 920 crore through open Market transactions. The sale involved approximately 24.65 crore shares, with prices ranging from Rs 37.22 to Rs 38.28. Following this transaction, Pitti’s ownership in the company has decreased from 28.13 percent to ...

Market News

Kharge’s Congress: From Chaos to Calm, Is Political Stability Just a Mirage?

Mallikarjun Kharge has emerged as a pivotal leader for the Indian National Congress since becoming party president on October 26, 2023. Under his stewardship, the Congress has enjoyed a renewed sense of unity and purpose, navigating turbulent times effectively. Rather than focusing solely on electoral victories, including in Karnataka and Himachal Pradesh, Kharge’s key achievement ...

Market News

Goa Shipyard Ltd celebrates unprecedented success, doubling revenue to Rs 2,000 crore, with remarkable profits and a bright future ahead.

Goa Shipyard Ltd celebrates unprecedented success, doubling revenue to Rs 2,000 crore, with remarkable profits and a bright future ahead.

Goa Shipyard Limited (GSL) has reported record revenue of Rs 1,753 crore for the fiscal year 2024, marking a remarkable 102 percent growth year-on-year. According to Chairman and Managing Director Brajesh Kumar Upadhyay, the company has surpassed its previous financial achievements in all areas, including a significant profit before tax increase of 78 percent, reaching ...

Market News

Samsung Strike: Tamil Nadu’s CM in the Hot Seat as Workers Demand Fair Wages Amid Corporate Assurances and Political Pleas

The central government has asked Tamil Nadu Chief Minister M.K. Stalin to step in and help resolve the ongoing workers’ strike at Samsung Electronics’ Sriperumbudur plant. This comes after 17 days of striking by workers, with the company urging them to return to work and offering to negotiate directly with employees instead of through unions. ...

Market News

Workers at Samsung’s Tamil Nadu plant strike for wages and union rights, prompting government intervention amid rising tensions and disrupted operations.

Workers at Samsung’s Tamil Nadu plant strike for wages and union rights, prompting government intervention amid rising tensions and disrupted operations.

India’s Labour Minister has urged Tamil Nadu officials to quickly resolve a significant strike by over 1,000 Samsung Electronics workers near Chennai. This strike, ongoing since September 9, is one of the largest labor protests in India in recent years, with employees demanding better wages and union recognition. The Tamil Nadu plant is crucial for ...

Market News

BJP’s Farm Controversy: Ranaut’s Reversal Sparks Tension, as Rahul Demands Modi’s Clarity on Farmers’ Future.

BJP MP Kangana Ranaut recently stirred controversy by suggesting that farmers should demand the reinstatement of the three farm laws that were repealed in 2021. In response, Congress leader Rahul Gandhi questioned Prime Minister Modi’s position on these laws and whether they might be revived. Gandhi emphasized that if the laws were brought back, the ...

Market News

As ‘Make in India’ celebrates a decade, Modi highlights transformative growth, urging youth to elevate manufacturing excellence globally.

As ‘Make in India’ celebrates a decade, Modi highlights transformative growth, urging youth to elevate manufacturing excellence globally.

As the Make in India initiative celebrates its ten-year anniversary, Prime Minister Narendra Modi highlighted its significant achievements on LinkedIn and social media. He praised the hard work of Indians across various sectors that transformed this initiative into a global manufacturing hub. Key successes include an impressive rise in mobile manufacturing, with exports increasing by ...

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