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Starlink Awaits Indian Approval for Satellite Broadband Services: Competition Heats Up
Elon Musk's Starlink, a satellite internet company, seeks approval for its India operations. Competition heats up in the GMPCS services sector.
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Nifty Bank Analysis for Tuesday Intraday Trade Setup – 12/09/2023
Read our comprehensive analysis of Bank Nifty for Tuesday's intraday trade setup on 12/09/2023. Learn about the technical factors, support and resistance levels, and trading strategies to make informed decisions.
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Nifty Reaches 20,000 Mark Amidst G20 Optimism and Strong Fundamentals
Nifty 50 has finally breached the 20,000 milestone, driven by optimism stemming from India's role at the G20 summit.
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Railway Stocks Rally Up to 15% After G20 Summit Announcement
Railway stocks rally up to 15% after G20 summit announcement. Government order book and modernization programs boost rail stocks.
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News
YES Bank shares plunge 13% as lock-in period ends under RBI reconstruction scheme
YES Bank's stock price plummeted 13% as the lock-in period under RBI's Reconstruction Scheme 2020 ended, resulting in the release of shares. SBI's stake in the bank reduced to around 26%. Despite gradual improvements in asset quality, the bank faces risks, including AT-1 bonds write-down, according to analysts.
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News
Elon Musk open to buying collapsed Silicon Valley Bank and turning it into a digital bank
Elon Musk is considering buying the collapsed Silicon Valley Bank and turning it into a digital bank. The bank's demise was triggered by interest rate hikes, causing a significant impact on the start-up community. Musk's interest in creating a payments platform on Twitter has raised speculation that his tweet about buying SVB may have been in earnest.
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News
Tata Technologies Files Draft Prospectus for IPO to Raise Funds
Tata Technologies, a unit of Tata Motors, has filed a draft prospectus for an IPO. The issue is an OFS by promoters and selling shareholders. Read more.
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News
Adani Group’s fundraising and positive global cues lead to biggest single-day rally in 16 weeks
Adani Group's fundraising and positive global cues led to the biggest single-day rally in 16 weeks with gains in Sensex, Nifty50, PSU Bank, and metal indices.
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