Examine the astounding 18% increase in Wipro’s ADRs after Q3 earnings. Recognize the 1.8% sequential increase in earnings for the quarter ending in December. Examine the company’s strategic decisions, revenue issues, YoY decline in net profit, and other financial nuances. Overview:Following the release of its Q3 results on January 12, Wipro’s American Depository Receipts (ADRs)…

SEO Meta Description: Learn about the startling discoveries that caused Polycab India’s shares to fall 22% as a result of undeclared cash transactions of Rs 1,000 crore. Examine the conclusions of the Finance Ministry and the fallout from the income tax department’s investigation to establish a network of tax evasion and mysterious transactions. Introduction Following…

There is a tangible sense of excitement about the budget 2024, particularly in the health insurance sector. The interim budget of Finance Minister Nirmala Sitharaman, which is scheduled to be presented on February 1, 2024, just before the Lok Sabha elections, is being attentively observed by experts. The two main expectations of the sector are…

Introduction: Ola Electric’s Bold Move into the IPO Arena In a groundbreaking move, Ola Electric, backed by SoftBank Group, has set the stage for India’s first-ever initial public offering (IPO) in the electric vehicle (EV) sector. The draft papers submitted to the Securities and Exchange Board of India (SEBI) on December 22 have unveiled ambitious…

Introduction Ola Electric IPO, the SoftBank Group-backed e-scooter giant, has thrown its hat into the ring by filing a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The document reveals a fascinating facet – the company’s dividend history or, more precisely, the lack thereof. Ola Electric IPO Details Unveiled…