News

research
  • 14 Jan
  • 2024

"Tesla gets a $94 billion reality check as EV winter sets in"

The hit to Tesla’s market capitalization to start the year is the biggest the company has seen over a similar period since it went public in 2010. In percentage terms, Tesla’s 12% drop since the start of January is the worst since 2016, when the stock fell 14% over the first nine trading days of the year.

research
  • 13 Jan
  • 2024

"India likely to clock 6.9-7.2% GDP growth in FY'24: Deloitte"

Deloitte India's recent economic outlook report said there is an underlying momentum that is building up in the Indian economy, as seen in the improving economic fundamentals.

research
  • 11 Jan
  • 2024

"Apple removes top crypto exchanges like Binance, Kucoin, OKX from App Store in India"

The Financial Intelligence Unit, under the Finance Ministry, had last month issued show-cause notices to nine offshore VDA service providers, including Binance, for operating in the country without complying with money laundering laws.

research
  • 10 Jan
  • 2024

"Adani Airports vertical listing in near future after achieving certain triggers, says Jeet Adani"

Adani Airport Holdings Limited (AAHL), a 100 per cent subsidiary of Adani Enterprises Ltd, currently manages seven airports- Mangaluru, Lucknow, Ahmedabad, Guwahati, Jaipur, Thiruvananthapuram and Mumbai.

research
  • 7 Jan
  • 2024

"Healthcare startup CureBay raises Rs 62 crore in funding round led by Elevar Equity"

"The company plans to use the fresh funds to expand its clinics from 90 to over 200 across Odisha, Chhattisgarh and Jharkhand."

research
  • 6 Jan
  • 2024

"Aditya-L1, ISRO'S first solar spacecraft enters Sun's final orbit"

"The Indian Space Research Organisation (ISRO) on Saturday successfully performed the final manoeuvre to inject Aditya-L1 spacecraft -- the first space-based Indian observatory to study the Sun -- into its final destination orbit, nearly 1.5 million kilometres from the Earth."

research
  • 4 Jan
  • 2024

"CSB Bank should be able to grow around 50% faster than the system: MD"

Pralay Mondal, MD & CEO, CSB Bank, says: “We did not have a very aggressive quarter on the wholesale side.

research
  • 3 Jan
  • 2024

"Adanis to fund Dharavi project via internal accruals, SPV stake sale"

In a statement, the group, which has promised to invest Rs 21,000 crore in the project, said it roped in design firm Sasaki, consultancy firm Buro Happold as design planners for the project as well as some experts from Singapore Housing Development Board.