According to a recent report from the Reserve Bank of India’s September bulletin, non-banking financial companies (NBFCs) in the middle layer have the highest percentage of unsecured loans, holding 27.3% as of December 2023. This is closely followed by upper-layer NBFCs at 24.3%. Both categories saw a decrease in their respective shares from December 2022, ...
 "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 ...
 "iPhone 16 Pro faces 12.7% demand drop, while base models thrive. Competition and past features hinder Pro series appeal.")
The new Apple iPhone 16 series is seeing lower demand than expected, as reported by analyst Ming-Chi Kuo. Pre-order sales for the iPhone 16 models were down by 12.7% compared to last year’s iPhone 15 series, especially for the Pro models. The iPhone 16 Pro Max had 17.1 million pre-orders, down 16% from the previous ...
 "Swiss authorities freeze 1 million tied to an alleged Adani frontman, triggering a significant drop in the group’s stock values.")
Seven stocks from the Adani group experienced declines on Friday, following Swiss authorities freezing $311 million linked to a Taiwanese individual amid a money laundering investigation. The allegations suggest he may serve as a front for the Adani group, which the conglomerate has strongly denied. Key stocks like Adani Power and Adani Energy dropped by ...
 "Peak XV Partners divests 22% stake in Indigo Paints for ₹1,557 crore as shares drop by 4.19%.")
Peak XV Partners, formerly known as Sequoia Capital India and SEA, has sold over 22 percent of its stake in Indigo Paints for Rs 1,557 crore. This divestment involved the sale of approximately 1.05 crore shares through the National Stock Exchange, with shares priced between Rs 1,475.96 and Rs 1,489.35. Following the transaction, Peak XV’s ...
Shares of HSBC fell today after reports surfaced that the bank’s top shareholder, Ping An, may be considering selling their shares. This news has caused concern among investors, as Ping An’s potential sell-off could impact the bank’s stock price. Keep an eye on HSBC’s performance in the coming days as the situation develops. Click to ...
Home Depot recently released its earnings report, indicating a decrease in consumer spending. This suggests that customers may be pulling back on home improvement purchases. This news could have implications for the overall economy and retail industry. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of This Post ...
Warner Bros. Discovery recently released their first-quarter earnings report, revealing a surprising loss in their streaming services. Despite this setback, the entertainment giant continues to innovate and adapt to the ever-changing media landscape. Stay tuned for more updates on their financial performance and future strategies. Click to Claim Latest Airdrop for FREE Claim in 15 ...
Shopify’s stock took a nosedive after the company announced lower-than-expected growth projections for the second quarter. Investors are concerned about the impact this could have on the e-commerce platform’s future earnings. Shopify’s performance in Q2 will be closely watched by industry analysts and investors alike. Click to Claim Latest Airdrop for FREE Claim in 15 ...
Ethereum sees a significant dip, falling below a crucial price point amid the underperformance of Hong Kong-based ETFs. Investors are keenly watching this unexpected shift, wondering how it will affect the broader cryptocurrency Market and future investment strategies. This notable movement in Ethereum’s value has caught the attention of both seasoned and new investors, sparking ...
