Get the latest financial updates and market trends. Stay informed on key developments in global and domestic finance, stock markets, and business with Moneyscope’s real-time news coverage.
One of the best IT companies in India, Infosys, has stated that salaries will go up in 2025. But compared to past years, the raises are smaller, which makes many employees unhappy. The company uses a performance-based approach, which means that raises in pay rely on how well each employee does their job. Performance-Based Salary
Tata Capital is getting ready for its Initial Public Offering (IPO), which means that more people want to buy shares that haven’t been issued yet. This is its third rights issue in the last three financial years. Tata Capital’s board has accepted the IPO plan and a rights issue worth ₹1,504 crore. This has made
Anil Agarwal runs the Mumbai-based company Vedanta Ltd. An official release says that the company’s shareholders and creditors have given the go-ahead for its plan to split into five sector-specific units. These five businesses are called Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Iron & Steel, Vedanta Ltd, and Hindustan Zinc Limited (HZL).
Food delivery company Zomato reported a sharp decline of 57% in its consolidated net profit for the December quarter of FY25, which stood at Rs 59 crore, compared to Rs 138 crore in the same period last year. Despite the drastic fall in profits, the company reported robust growth in operating revenues, which rose 64%
As a result of its demerger from ITC Limited on January 1, 2025, ITC Hotels will be listed on the stock exchange. On January 6, ITC’s initial share price was determined at a pre-open session, while its shares dropped after the hotels division’s value was removed. While the exact listing date for ITC Hotels has
Investors are preparing for Standard Glass Lining’s IPO, with the grey market already buzzing. GMP, a vital barometer of investor sentiment, is witnessing a robust surge, suggesting that the company’s shares will be in high demand as early as next week. Standard Glass Lining IPO Details Standard Glass Lining’s IPO will open for subscription on
The demerger plans of Vedanta Resources are closely watched by investors. It is expected that the company’s restructuring plan will have a significant impact on shareholder value, which involves separating its Indian-listed businesses from its global operations. Through the demerger, corporate governance will be enhanced, operations will be simplified, and operational efficiency will increase. Demerger
In two decades, the Tata Group’s public offering of Tata Capital is expected to be a watershed moment for the group. In what is expected to become India’s largest IPO, this event is expected to raise substantial amounts of capital. In September 2025, Tata Capital, the financial services division of the Tata Group, plans to
In recent years, ITC Limited, an Indian conglomerate with a history dating back more than a century, has undergone a significant transformation. With a portfolio that includes cigarettes, hotels, paperboards, packaging, and agribusiness, the company has established itself as a leading player in many areas. Now the company is poised to strengthen its portfolio through
Tata Motors share now down 34.33% from record high levels. The sharp decline of the auto giant has raised concerns among investors. The stock price continues to fall, and many are wondering if this is a buying opportunity or a cautionary tale. Tata Motors Share Price Highlight As of December 18, 2024, Tata Motors shares