 "Kitex Garments and Tribhovandas Bhimji Zaveri stocks soar, driven by booming profits and market demand, defying broader market trends.")
Shares of Kitex Garments and Tribhovandas Bhimji Zaveri have reached multi-year highs despite a generally weak Market. Kitex Garments saw its stock surge by 17 percent, hitting Rs 488.80, as strong demand and a significant profit increase boosted investor confidence. The company reported a more than doubling of net profit in the last quarter and ...
 "Sanlam ventures into India’s wealth management, seizing growth amid economic transformation, as its profits soar on strategic partnerships.")
Sanlam Ltd., Africa’s largest insurer, is set to expand into India’s rapidly growing asset and wealth management sector. Building on its initial partnership with Shriram Capital Group established in 2005, Sanlam plans to launch a joint venture that focuses on wealth and advisory services. CEO Paul Hanratty highlighted that many Indians are starting to save ...
 "Home Prices Soar Amid Tight Supply and Falling Mortgage Rates in 2024")
A recent Reuters poll suggests that average home prices in the U.S. are expected to rise by 5.4 percent in 2024, with further increases projected for the following years. The forecast is influenced by anticipated drops in mortgage rates, which could improve affordability for buyers. However, tight housing supply continues to pressure the Market, making ...
 "Major Merger: Singapore Airlines Joins Forces with Air India to Soar")
Singapore Airlines has received approval from the Indian government for foreign direct investment related to the merger of its airline Vistara with Air India. This significant deal, announced in November 2022, will create one of the world’s largest airline groups, with Singapore Airlines acquiring a 25.1% stake in Air India. The merger is expected to ...
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