Articles for tag: Driven, Funds, Growth, Indias, Market, Overseas, Political, Promising, Prospects, Stability, Surging, Trillion

Market News

Overseas funds are surging back into India’s  trillion market, driven by political stability and promising growth prospects.

Overseas funds are surging back into India’s $5 trillion market, driven by political stability and promising growth prospects.

Overseas funds are making a strong comeback in Indian stocks, as net foreign purchases reach $8.5 billion this quarter, the highest since mid-2023. Investors are encouraged by Prime Minister Narendra Modi’s stable government and India’s growing economy, which is set to become the third-largest globally by 2028. Despite Indian equities being pricier than many emerging ...

Market News

HDB Financial Services launched a Rs 2,500 crore IPO, showcasing robust growth and a promising future under HDFC Bank’s guidance.

HDB Financial Services launched a Rs 2,500 crore IPO, showcasing robust growth and a promising future under HDFC Bank’s guidance.

HDB Financial Services Ltd, a part of the HDFC Group, has received approval for its initial public offering (IPO), aiming to raise up to Rs 2,500 crore. This IPO includes a fresh issuance of shares and an offer for sale by existing shareholders, pending necessary approvals and Market conditions. Currently, HDFC Bank holds a significant ...

Market News

Compassion or Cover-Up? Mamata Banerjee Faces Backlash After Promising Payout for Deaths Amid Protests Over Unaddressed Doctor’s Strike.

West Bengal Chief Minister Mamata Banerjee announced a compensation of Rs 2 lakh each for the families of 29 individuals who died due to disruptions in medical services caused by a doctors’ strike. The protest started on August 9, following the tragic rape and murder of a junior doctor, igniting nationwide outrage. Banerjee expressed her ...

Market News

Akums Drugs secures a patent for a novel Hydroxyurea formulation, promising affordable treatment for Sickle Cell Disease and enhancing patient care.

Akums Drugs secures a patent for a novel Hydroxyurea formulation, promising affordable treatment for Sickle Cell Disease and enhancing patient care.

Akums Drugs and Pharmaceuticals has announced that it has received a patent from the Indian patent office for an innovative formulation aimed at treating Sickle Cell Disease (SCD). This new oral suspension of Hydroxyurea is designed to be stable at room temperature, making it easier for patients to manage this genetic blood disorder that causes ...

Market News

OpenAI’s “Strawberry,” a text-focused AI, enhances reasoning in ChatGPT, promising thoughtful responses soon.

OpenAI’s “Strawberry,” a text-focused AI, enhances reasoning in ChatGPT, promising thoughtful responses soon.

OpenAI is set to launch “Strawberry,” a new reasoning-focused AI model, as part of its ChatGPT service within two weeks. Unlike traditional conversational AI, Strawberry is designed to “think” before responding, offering a unique approach to interaction. While it is a standalone feature, it will initially focus on processing and generating text, without the capability ...

Market News

Odisha CM Majhi inaugurates India’s first silicon carbide facility, promising economic growth, innovation, and over 500 new jobs.

Odisha CM Majhi inaugurates India’s first silicon carbide facility, promising economic growth, innovation, and over 500 new jobs.

Odisha Chief Minister Mohan Charan Majhi recently attended the groundbreaking ceremony for India’s first silicon carbide manufacturing facility in Odisha, with an investment of Rs 620 crore. The project, developed by RIR Power Electronics Limited in Bhubaneswar’s EMC Park, aims to position Odisha as a leader in the global power electronics Market. The facility will ...

Market News

Punjab CM Bhagwant Mann urges Haryana voters to choose AAP for progress, promising jobs, education, and healthcare in the October elections.

Punjab CM Bhagwant Mann urges Haryana voters to choose AAP for progress, promising jobs, education, and healthcare in the October elections.

Punjab Chief Minister Bhagwant Mann urged Haryana voters to choose the Aam Aadmi Party (AAP) in the upcoming Assembly elections for better education, jobs, and healthcare. Speaking at public meetings in Kalayat and Jakhal on September 6, he emphasized that the people of Haryana should “press the ‘jharoo’ button” to secure a brighter future. Mann ...

Market News

Maharashtra approves a  billion semiconductor plant by Adani and Tower, promising 5,000 jobs and boosting India’s chip production capacity.

Maharashtra approves a $10 billion semiconductor plant by Adani and Tower, promising 5,000 jobs and boosting India’s chip production capacity.

Maharashtra’s government has approved a major semiconductor fabrication unit to be built in Panvel, Mumbai, through a collaboration between the Adani Group and Israel’s Tower Semiconductor. This project, involving an investment of approximately Rs 83,947 crore ($10 billion), aims to produce 80,000 semiconductor wafers monthly in two phases. The first phase will invest Rs 58,763 ...

Market News

HCLTech Soars: Brokerage Upgrades Target Amid Promising Growth Prospects!

HCLTech Soars: Brokerage Upgrades Target Amid Promising Growth Prospects!

Nuvama, a domestic brokerage, has upgraded its target price for HCL Technologies (HCLTech) to Rs 2,020 per share, a 15.5% increase from the previous Rs 1,800. The upgrade reflects HCLTech’s robust growth potential and improved capital allocation strategy. Key drivers include significant growth in data, AI, and cloud services, with management predicting double-digit industry growth ...

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