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Hero MotoCorp’s stock price surged over 6% on Thursday, May 9th, following the release of their healthy Q4 results. This strong performance leaves investors wondering: is it a good time to buy, sell, or hold Hero MotoCorp stock? Riding High on Q4 Results Hero MotoCorp reported an 18% year-on-year jump in net profit for the March quarter (Q4). This positive…
In a bold move that underscores the growing importance of Southeast Asia in the global digital economy, Amazon has announced a massive increase in its investment in Singapore. This decision is set to propel the region’s cloud computing capabilities to new heights and accelerate the adoption of cutting-edge technologies like artificial intelligence (AI). A Staggering Investment Amazon Web Services (AWS),…
In a move to safeguard the stability of Kotak Mahindra Bank’s systems, the Reserve Bank of India (RBI) imposed some restrictions on the bank’s digital operations on April 24, 2024. These restrictions come after the RBI identified “serious deficiencies and non-compliances” in the bank’s IT infrastructure. This isn’t an isolated incident, as the RBI has been stepping up scrutiny of…
Santhosh Viswanathan has been appointed as the Managing Director (MD) for Intel India, a significant move by the tech giant to capitalize on India’s rapid growth and business opportunities. Let’s delve into his remarkable journey: Biography of Santhosh Viswanathan: Experience: With over 21 years at Intel, Santhosh brings a wealth of knowledge and expertise to his role. India Region Head: In March, Intel announced…
Vodafone Idea Limited (Vi), the telecom operator born from the merger of Vodafone India and Idea Cellular, finds itself at a crossroads. On the one hand, the company is preparing a crucial Follow-on Public Offering (FPO) to raise Rs 18,000 crore (US$2.2 billion). On the other hand, its stock price recently fell 4%, reflecting ongoing investor uncertainty. This blog explores…
Nikhil Kamath, co-founder of Zerodha, has introduced a groundbreaking initiative in India’s entrepreneurial landscape with the unveiling of WTFund. This pioneering non-dilutive grant agnostic fund is dedicated to nurturing young talents aged 25 and under, marking a significant development in supporting emerging visionaries. Empowering the Next Generation WTFund sets its sights on fostering individuals poised to revolutionize industries with innovative ideas and compelling visions.…
For generations in India, Bournvita has been a household name synonymous with childhood growth and well-being. Mixed with hot milk, its chocolatey taste has been a breakfast staple for many. But recently, the Indian government stirred the pot by asking e-commerce websites to remove Bournvita and similar products from the “health drink” category. This raises interesting questions: Is Bournvita truly…
IndiGo, India’s beloved budget carrier, has taken flight to new heights! In December 2023, the airline achieved a remarkable feat by becoming the world’s third-largest airline by market capitalisation. This is a significant milestone that underscores IndiGo’s strong financial performance and investor confidence in its future. Leaving the Competition Behind IndiGo’s ascent to the top is particularly impressive considering the…
The National Stock Exchange of India (NSE) has issued a critical warning to investors, alerting them about the circulation of deepfake videos featuring their MD & CEO, Ashishkumar Chauhan. These deceptive videos use sophisticated AI technology to manipulate Mr. Chauhan’s image and voice, making it appear as if he’s recommending specific stocks. This incident highlights the growing threat of deepfakes…
Vistara, the much-loved Indian carrier known for its premium service and comfortable cabins, has hit some unexpected air pockets. Pilot discontent has caused a ripple effect, leading to flight cancellations and a 10% reduction in scheduled flights. This blog delves into the reasons behind the pilot unrest, the impact on Vistara’s operations, and the potential road ahead for the airline.…