Shares of Coffee Day Enterprises surged 20%, hitting the upper circuit limit for the day, despite weak market sentiment, after the National Company Law Appellate Tribunal (NCLAT) overturned insolvency proceedings against the company. In a significant relief for the operator
Adani Green Energy Ltd (AGEL), India’s largest renewable energy company and a global leader in the sector, is in the spotlight on Monday morning after announcing the successful refinancing of its $1.06 billion maiden construction facility with long-term financing. This
A heated debate has erupted on Reddit after a user labeled flats in India as “one of the biggest financial traps ever designed for the middle class.” The post, structured like a manifesto, argues that unlike land, flats are designed to deplete
The Association of Mutual Funds in India (AMFI) has unveiled three new initiatives—Chhoti SIP, Tarun Yojana, and MITRA—to promote financial inclusion, enhance investor awareness, and simplify the retrieval of lost investments. These efforts align with SEBI and AMFI’s mission to
Jefferies recently hosted Microsoft in Australia to address concerns sparked by a tweet and a Cowen report that unsettled the market. During the discussion, Microsoft executives firmly denied any changes to the company’s data center (DC) strategy. “Microsoft is strongly
Apple has officially phased out several older iPhone models in India, including the iPhone SE (3rd Gen), iPhone 14, and iPhone 14 Plus, following the launch of the new iPhone 16e. The latest entry-level iPhone comes with major upgrades, such as the A18
