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Zerodha, one of India’s top brokerage firms, has launched six new features on its trading platform Kite. These updates are designed to make trading easier, faster, and safer for users. From order slicing to real-time market data, these features aim to enhance the trading experience, particularly for frequent traders and those dealing with large volumes.
Shares of Coffee Day Enterprises Ltd jumped 5% on Tuesday after the company reached a settlement agreement with IDBI Trusteeship to resolve an outstanding debt of ₹205 crore. The stock rose to ₹24.54, marking a 4.96% increase from its previous close of ₹23.38 on the Bombay Stock Exchange (BSE). With this rise, the company’s market
Avenue Supermarts, the parent company of DMart, has announced a significant investment of ₹174.99 crore in its subsidiary, Avenue E-Commerce Ltd. (AEL). The investment aims to boost the operations of DMart Ready, its online grocery platform. The capital infusion was made through a preferential allotment, with Avenue Supermarts subscribing to 4.67 crore equity shares of
Shares of Indian Railway Finance Corporation (IRFC) gained momentum on Monday as investors awaited the outcome of the company’s board meeting, scheduled for March 17, 2025. The meeting will consider the declaration of the second interim dividend for the financial year 2024-25, according to an exchange filing by the railway PSU. IRFC Board Meeting on
Edtech unicorn PhysicsWallah (PW) has taken a major step toward going public. The company has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). According to reports, the IPO size is expected to be around ₹4,600 crore ($500 million). PhysicsWallah Files IPO
Paradeep Parivahan Ltd’s Initial Public Offering (IPO) opened for subscription on Monday, March 17, 2025. The company aims to raise ₹44.86 crore through the public issue. A mere 10% of investors subscribed to the IPO on its first day, however. The subscription window will remain open until Wednesday, March 19, 2025. On March 24, 2025,
LG Electronics India, a subsidiary of South Korea’s LG Electronics Inc., has received approval from the Securities and Exchange Board of India (SEBI) to launch its Initial Public Offering (IPO). After Hyundai Motor India’s IPO last year, it becomes the second South Korean company to enter the Indian stock market. LG Electronics India Receives SEBI
State-owned NMDC Ltd has declared its first interim dividend of ₹2.30 per equity share for the financial year 2024-25 (FY25). The announcement was made on Monday, March 17, 2025, following a board meeting. NMDC Announces Interim Dividend This marks NMDC’s first dividend announcement since its recent bonus issue in a 2:1 ratio (two bonus shares
A deal was made between Bharti Airtel and SpaceX so that Starlink’s satellite internet services can be used in India. This deal is a big step towards giving more people across the country, especially those living in remote or rural places, access to fast internet. The partnership, on the other hand, rests on SpaceX getting
IT giant Cognizant has begun giving out 2024 bonuses. Employees who are qualified will get between 85% and 115% of their bonus goals. This is the most money that has been paid out in bonuses in the last three years, which shows that the business is serious about rewarding workers and keeping them on. The