NSDL has submitted the Draft Red Herring Prospectus to SEBI, marking a crucial milestone in its journey. This move comes after NSDL’s rival, Central Depository Services Limited (CDSL), successfully debuted on the domestic bourses in 2017. If the listing plans proceed as intended, NSDL will become the second depository services business to be listed on…
Introduction Demerger Of Jio Financial: In a significant development in the Indian business landscape, Reliance Industries (RIL), the business empire of billionaire Mukesh Ambani, has announced the demerger of its financial services division. The division, known as Reliance Strategic Investments, will now be called Jio Financial Services (JFSL) and will be demerged on July 20….
Introduction In a significant move to strengthen India’s electronics ecosystem and reduce imports, Vedanta Limited, the country’s natural resources and technology giant, has announced the addition of semiconductor and display glass enterprises to its portfolio. This strategic decision aims to foster the growth of these two industries by collaborating with leading international corporations and leveraging…
Introduction Bajaj Auto-Triumph Launched the Speed 400 and Scrambler 400X motorcycles are entirely made in India. These bikes offer a range of impressive features, including USD forks, rear mono-shocks, and disc brakes on both wheels with dual-channel ABS. Additionally, they incorporate distinctive style elements influenced by their brothers. The Triumph items will be produced in…
According to a notification from the exchange, JSW Steel will replace Housing Development Finance Corporation (HDFC) in the S&P BSE Sensex. It will go into effect on July 13. Introduction In a significant development for the Indian stock market, JSW Steel is set to replace Housing Development Finance Corporation (HDFC) in the S&P BSE Sensex…
