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Reliance Power Shares Surge to 5% Upper Circuit for 11th Consecutive Session Amid Renewable Energy Expansion

Anil Ambani led-reliance power surges up

Reliance Power shares continued their upward trend on Thursday, reaching ₹53.65—their highest level since January 2018—after hitting the 5% upper circuit for the 11th consecutive session. The stock has surged 71% during this period, driven by the company’s transition to nearly debt-free status and expansion into renewable energy. Recently, Reliance announced a partnership with Druk … Read more

Indian Stock Markets Closed for Gandhi Jayanti on October 2

The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will be closed on Wednesday, October 2, 2024, in observance of Gandhi Jayanti, a national holiday honoring the birth of Mohandas Karamchand Gandhi, a key figure in India’s independence and advocate of nonviolence. All trading activities, including equity, equity derivatives, and securities lending and … Read more

Swiggy CEO Rohit Kapoor Challenges Toxic Hustle Culture

Rohit Kapoor, CEO of Swiggy Food and Marketplace, has spoken out against the toxic “hustle culture” during a discussion at Techsparks in Bengaluru. He emphasized the importance of work-life balance, criticizing the glorification of late-night work. “You don’t need to hustle and work until 3 AM,” he stated, noting that such practices are unsustainable and … Read more

Bollywood Celebrities: A Mixed Bag in Entrepreneurship

bollywood and brands

Bollywood stars are increasingly venturing into entrepreneurship, launching brands across fashion, beauty, and lifestyle. While Hrithik Roshan’s HRX and Katrina Kaif’s Kay Beauty thrive, with HRX surpassing ₹1,000 crore in revenue, others struggle. Deepika Padukone’s 82°E faces a ₹25.1 crore loss, and brands like Virat Kohli’s WROGN and Shahid Kapoor’s Skult see declining revenues. Experts … Read more

KRN Heat Exchanger and Refrigeration to Finalize Share Allotment on September 30

ipo

KRN Heat Exchanger and Refrigeration is set to finalize the basis of allotment for its shares on Monday, September 30. Bidders can expect notifications via messages, alerts, or emails regarding fund debits or IPO mandate revocations over the weekend or by Tuesday, October 1. The IPO garnered significant interest from investors, reflecting a strong demand … Read more

Flipkart Unveils Big Billion Days Sale 2024

Flipkart has announced its highly anticipated Big Billion Days Sale 2024, offering discounts on a wide range of products including smartphones, laptops, appliances, and smart gadgets. The sale starts on September 26 at midnight for Flipkart Plus members and on September 27 for regular customers, running until October 6. Key Dates: For Flipkart Plus Members: … Read more

Bajaj Housing Finance IPO Allotment Details Announced

The Bajaj Housing Finance IPO share allotment has been announced. Investors who applied can check their allotment status on the Kfin Technologies Ltd. portal. The IPO was open from September 9 to September 11. It saw strong interest: non-institutional investors (NIIs) subscribed 41.51 times, qualified institutional buyers (QIBs) 209.36 times, and retail investors 7.04 times. … Read more