Friday, May 9, 2025
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Business

Business

LIC-Owned Penny Stock Becomes Multibagger: ₹1 Lakh Grows to ₹8 Lakh in Five Years

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A penny stock partially owned by the Life Insurance Corporation of India (LIC) has made headlines by delivering multibagger returns over the past five years. This stock, once trading at just ₹4 per share, has surged to ₹32.50, marking...
Business

Stock Market Correction: IRCTC, RVNL, and IRFC Lead Railway Stocks Decline by Up to 45% from Highs – A Buying Opportunity?

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Railway stocks, including prominent names like IRCTC (Indian Railway Catering and Tourism Corporation), RVNL (Rail Vikas Nigam Limited), and IRFC (Indian Railway Finance Corporation), have experienced a steep correction of up to 45% from their record highs. The recent...
Business

RBI Asks Shadow Banks for Information on Supply-Chain Financing

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In a significant move aimed at increasing transparency and monitoring the financial health of the non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) has directed shadow banks to provide detailed information on their supply-chain financing activities. This...
Business

Reliance and Disney Form Joint Venture for Entertainment Brands in India

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In a significant move for India’s entertainment industry, Reliance and Disney have officially completed a transaction to form a joint venture aimed at capitalizing on India’s rapidly growing media and entertainment market. This partnership combines Reliance’s local expertise and...
Business

Swiggy Share Price: Stock Pares Gains, Ends Day 4.5% Lower After Intraday Surge of Over 7%

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Swiggy's stock exhibited considerable volatility today, with an initial sharp rise of more than 7% during intraday trading, followed by a pullback that saw the stock close down by around 4.5%. This fluctuation reflects a mixed sentiment in the...
Business

Sensex, Nifty 50 Slide for 6th Consecutive Day as Bears Rule Dalal Street; FMCG Stocks Take the Hardest Hit

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The Indian stock market continued its downward trend for the sixth consecutive day as both the Sensex and Nifty 50 indices ended in the red, plagued by intense selling pressure. A bear market trend dominated Dalal Street, with investor...
Business

IDBI Bank Privatisation: Financial Bids Expected by Fiscal Year-End

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The long-anticipated privatisation of IDBI Bank is progressing, with financial bids likely to be submitted by the end of the current fiscal year. The privatisation process, managed by the Department of Investment and Public Asset Management (DIPAM), has attracted...
Business

Baroda BNP Paribas Mutual Fund Launches Lakshya SIP: A Versatile Investment Plan with SIP and SWP Options

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Baroda BNP Paribas Mutual Fund has launched an innovative new investment product called Lakshya SIP, aiming to give investors the benefit of both Systematic Investment Plans (SIP) and Systematic Withdrawal Plans (SWP). This dual feature seeks to attract investors...
Business

HouseStory’s Corporate Management Services: Trusted by Leading Brands

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At HouseStory, we understand the unique needs of corporate offices and offer tailored management and maintenance services to ensure smooth operations. Our corporate management services are trusted by some of India’s biggest brands, including Maruti Suzuki, SONY India, TVS...
Business

Don’t Get Left Behind: Why Traditional Luxury Travel is Becoming Obsolete and What You’ll Lose

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For years, luxury travel has been synonymous with private jets, five-star hotels, and access to exclusive events. The wealthy elite have flocked to these services for the ultimate in comfort and status. However, as the world of luxury travel...
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Latest News

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“Multiple Experts Agree”: Acaraayur Spa Leads a Wellness Revolution in Chennai

Chennai, May 2025 – According to “several leading wellness experts,” Acaraayur Spa is fast becoming the top destination for...
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