Category: Companies

SEC charges Adani in a $265 million bribery scandal. Here’s what they claim – Report

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The SEC case alleged that Gautam Adani and others conspired to pay about $265 million in bribes to Indian govt officials to secure energy contracts for Adani Green. To understand the allegations, read: Billionaire industrialist Gautam Adani, along with his nephew Sagar Adani and six other defendants, has been charged by the United States Securities…

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India, Adani Group, Global, News

Net profit at ONGC for Q2 rose 17% on lower windfall tax

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The net profit was also higher than Rs 8,938.10 crore earning in the preceding quarter of April-June 2024. State-owned Oil and Natural Gas Corporation (ONGC) on Monday reported a 17 per cent rise in its second quarter net profit primarily because of lower windfall and other taxes. Standalone net profit of Rs 11,948.02 crore in…

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Company Result, India, News

Jayanti Chauhan runs a Rs 70000000000 business, challenging Mukesh Ambani and Ratan Tata. Her business is Bisleri- Report

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New Delhi: Some leaders are born women. Well, one such inspiring story is that of Jayanti Chauhan, an Indian businesswoman and the only heir to Bisleri’s Rs 7,000 crore business empire. She is the only daughter of Ramesh Chauhan, the mastermind behind Bisleri International, India’s leading packaged drinking water company. Speaking of Jayanti Chauhan educational…

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Blog

Net profit at Bharti Airtel for Q1FY25 rises 158% to Rs 4,159 crore

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Net profit at Bharti Airtel Higher 4G & 5G users drive up ARPU to Rs 211, up from Rs 209 in Q4 FY24 Bharti Airtel’s net profit (attributable to owners) for the April-June quarter (Q1) of FY25 rose 158 per cent year-on-year (Y-o-Y) to Rs 4,159 crore, up from Rs 1,612 crore in the year-ago…

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Company Result, India, News

Mysore Paper Mills Limited 2024

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Mysore Paper Mills Ltd(MPM)incorporated in 1936is in the business of writing and printing paper(WPP)newsprint and sugarcane crushing and is a Karnataka Government enterprise. MPM’s paper mill uses bagasse obtained from its sugar mill as a raw material for the manufacturer of WPP. The first phase of the project was completed in 1991 with the financial…

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Unlisted

Credit Cards for Travel to help you plan your long-awaited summer getaway – Report 2024

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Credit Cards for Travel to help you plan your long-awaited summer getaway, Some cards are great for frequent flyers with specific airlines, offering rewards points for bookings and upgrades. Consider cards that offer perks such as lounge access, travel insurance Choosing the ideal credit cards for summer holidays abroad often depends on your spending habits…

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Raymotos India Private Limited 2024

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Raymotos Private Limited is an unlisted private company incorporated on 26 February, 2020. It is classified as a private limited company and is located in Ambala, Haryana. It’s authorized share capital is INR 3.00 cr and the total paid-up capital is INR 84.24 lac. The current status of the company is – Active. The last…

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Unlisted

NIM slips 4.40% as ICICI Bank’s Q4 profit rises 17% to Rs 10,708 crore

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NIM (Net Interest Margin) The private lender plans to raise funds by issuing debt securities and proposed a dividend of Rs 10 per share, subject to approval of the board The net profit of private lender ICICI Bank rose by 17.4 per cent to Rs 10,708 crore in the fourth quarter of financial year 2023-24…

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Company Result, India, News

Put Option Strategy in 2024

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put option is a type of financial contract that gives the holder the right, but not the obligation, to sell a specified quantity of a particular asset, typically a stock, at a predetermined price within a specified period of time. Let’s break down the components: Here’s a simplified example to illustrate how a put option…

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Blog, Technical

Call option & Put option? Option Strategy 2024

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Call option Call option is a type of financial contract that gives the holder the right, but not the obligation, to buy a specified quantity of a particular asset, typically a stock, at a predetermined price within a specified period of time. Let’s break down the components: Here’s a simplified example to illustrate how a…

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Technical, Blog