Articles for author: Market News

Lighthouse Advisors sells a stake in V2 Retail for Rs 85 crore, while Motilal Oswal Mutual Fund purchases shares amid market fluctuations.

Lighthouse Advisors, a private equity firm, recently sold a 2% stake in V2 Retail for Rs 85 crore through an open Market deal. The sale involved over 734,000 shares at an average price of Rs 1,160 each, reducing Lighthouse’s holding in V2 Retail from 6.36% to 4.24%. Following this transaction, shares of V2 Retail rose ...

September 24, 2024

Crypto Chaos: Is BlockDAG the Next Big Player or Just Another Flashy Scam in the Making?

Are you looking to invest in promising crypto presales this month? We’ve compiled a list of the top six projects making waves in Q4 2024. Leading the pack is BlockDAG, which has raised over $74.5 million through its innovative DAG technology, combining security and speed. The project is also gaining attention for its partnerships with ...

September 24, 2024

Foreign investors surge back into India’s stock market, driven by robust IPOs and optimism amid political shifts and global rate cuts.

Foreign portfolio investors (FPIs) injected over Rs 87,000 crore (over $10 billion) into Indian equities this quarter, marking the highest inflow since June 2023. Key factors driving this investment include improved growth prospects, increased global index weight, and a robust IPO Market, with 50 companies raising Rs 53,453 crore by August 2024. Despite a sluggish ...

September 24, 2024

Fishermen Crisis: Stalin’s Letters Float While Opposition Dives Deep—Where’s the Real Action?

Chief Minister M.K. Stalin has reached out to Union Minister S. Jaishankar, asking for intervention with the Sri Lankan government regarding the arrest of 37 Indian fishermen. These fishermen were detained on charges of poaching and trespassing after their boats were intercepted by the Sri Lankan Navy. Stalin emphasized that the fines imposed by Sri ...

September 23, 2024

Amazon India ramps up operations with new fulfilment centres, preparing for record-breaking festive sales during the Great Indian Festival 2024.

Amazon India is ramping up its operations by adding three new fulfilment centres before the festive season, expanding its storage to over 43 million cubic feet. This move aims to support the anticipated demand during the upcoming Amazon Great Indian Festival, starting on September 27, which promises over 25,000 new product launches and around 16 ...

September 23, 2024

Justice or Just a Show? Odisha’s CM Takes Action After Police Allegations Spark Outrage in Bharatpur

Odisha Chief Minister Mohan Charan Majhi has announced a judicial investigation into serious allegations of custodial torture and sexual harassment at Bharatpur Police Station. Justice Chittaranjan Das will lead this inquiry, expected to conclude within 60 days. The incident, reported by Indian Army Captain Gurvansh Singh Gosal, involves claims of illegal detention and severe abuse ...

September 23, 2024

Seema Nair joins Flipkart as CHRO, bringing three decades of HR expertise to transform organizational culture and leadership success.

Flipkart, the Walmart-owned e-commerce giant, has named Seema Nair as its new Chief Human Resources Officer (CHRO). In her role, Nair will lead human resources efforts and collaborate with Flipkart’s leadership and HR teams. Previously, she held significant HR positions at Reliance Industries and Hindustan Coca-Cola Beverages, with a career spanning nearly three decades across ...

September 23, 2024

Congress Faces Caste Crisis: Can Hooda’s Unity Claims Outshine BJP’s ‘Lip Service’ Allegations in Haryana’s Election Showdown?

As Haryana’s assembly elections approach, divisions within the Congress party are growing, providing an advantage to the BJP. The BJP accuses Congress and its leader Rahul Gandhi of only pretending to support Dalits and backward classes. Bhupinder Hooda emphasized that any insult to party member Kumari Selja will not be tolerated, recognizing the significance of ...

September 23, 2024