Shares of Vodafone Idea soared 12 per cent to ₹8.18 on the BSE in Tuesday’s intra-day trade amid heavy volumes. The up move in stock price of telecom services provider came after the company in an exchange disclosure informed that the Government of India (GoI) raised its stake in Vodafone Idea to 48.99 per cent from 22.60 per cent. The GoI has increased its stake in Vodafone Idea through the President of India (acting through and represented
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The NSE Nifty 50 index crossed the long-term 200-Daily Moving Average (200-DMA) in intra-day deals on Monday, for the first-time in nearly four months – since the breakdown on January 6, 2025. The Nifty hit a high of 24,188 levels in intra-day deals on Monday, rising 1.4 per cent, or 332 points. The Nifty 50 has surged over 11 per cent, or 2,400 points, in the last eight trading sessions. Amid this rally, the Nifty not only conquered
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At just 17 months old, Ekagrah Rohan Murty, the grandson of Infosys co-founder Narayana Murthy, is already making headlines as one of India’s youngest millionaires. The toddler is set to receive ₹3.3 crore from Infosys’ final dividend payout for the financial year ending March 2025, reported Moneycontrol. Born in November 2023 in Bengaluru to Rohan Murty and Aparna Krishnan, Ekagrah is the third grandchild of Narayana Murthy and author-turned-Rajya Sabha MP Sudha Murty. His cousins, Krishna and
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Shares worth over ₹2.36 trillion from 22 recently listed companies, including Hyundai Motor India, Dr Agarwal’s Health Care, Swiggy, and Waaree Energies, will hit the market in the next one month as anchor investors reach the end of their lock-in periods, opening the door for potential sell-offs. Anchor lock-in expiry refers to the end of the mandatory holding period for anchor investors in an initial public offering (IPO). After this period, these investors are allowed to sell
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Local search engine Just Dial has reported a 61 per cent year-on-year increase in net profit in FY25 to Rs 584.2 crore. For the January-March quarter of FY25, Just Dial logged a profit of Rs 157.6 crore. Revenue for FY25 was Rs 1,141.9 crore, reflecting a 9.5 per cent growth over FY24. Revenue in Q4 came in at Rs 289.2 crore, a 7 per cent uptick over the corresponding period of the last fiscal year.
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