Government’s Disinvestment in SJVN Ltd. via Offer for Sale: A Retail Investor’s Guide

Recent government announcements have disclosed intentions to divest up to 4.92 percent of its ownership in SJVN Ltd., a state-owned hydroelectric power generator, through an Offer for Sale (OFS). This move aligns with SEBI’s regulations, which stipulate that promoter holdings in companies must not exceed 75 percent. In this blog post, we will explore the … Read more

Indian Government Initiates Divestment of 4.92% Stake in SJVN Through Offer for Sale

In a strategic maneuver, the Indian government has launched a significant divestment initiative, offering up a 4.92% stake in SJVN Limited. This effort also encompasses a Green Shoe option of 2.46%, in line with the government’s plan to reduce its equity holdings in the company. The divestment process will unfold through a two-day offer for … Read more

What is the concept of Kerala Lottery?

The Kerala State Lottery is a legal lottery system operated by the Government of Kerala, a state in southern India. It is one of the most well-established and reputable state-run lottery programs in the country. Here are some key aspects of the Kerala State Lottery: It’s important to note that while participating in the Kerala … Read more

Impressive Surge: Indian Railway Finance Corporation (IRFC) Hits 52-Week High Amidst Railway Investment Program Buzz

Indian Railway Finance Corporation Ltd (IRFC Ltd) has been on a remarkable upward trajectory, marking its sixth consecutive session of gains on Monday. The stock exhibited a substantial 20 percent surge today, reaching a fresh 52-week high of Rs 66.78. Eventually, it settled at Rs 66.66 on the BSE, registering a remarkable gain of 19.78 … Read more

Yes Bank’s Soaring Shares: Understanding the Recent Surge and Investment Considerations

Yes Bank’s shares have experienced a remarkable surge in value over the past two trading sessions. On Monday morning, the stock reached an intraday high of ₹18.60 per share on the NSE within minutes of the market opening. This increase represents an impressive 11 percent gain over just two consecutive trading days, as the shares … Read more

Revolutionary Debut: Jio Financial Services Skyrockets with 1.18% Premium in Spectacular Market Entry!

The shares of Jio Financial Services Ltd (JFS), the separated financial arm of Reliance Industries Ltd, marked their debut on the BSE at a price of Rs 265 each, presenting a 1.18% premium over their determined value of Rs 261.85 per share on July 20. Within the first five minutes of trading, the stock experienced … Read more

Revealing Hidden Wealth: A Guide to Using RBI’s UDGAM Portal in 5 Easy Steps

UDGAM RBI portal link: How to register, check unclaimed savings account, FD money in these seven banks The launch of the UDGAM portal marks a significant step in advancing financial inclusivity through digital means. By introducing this centralized web portal, RBI is leveraging technological advancements to ensure efficient banking services that cater to everyone. With … Read more

Walmart’s Shocking Strategy: How Essential Items Are Dominating Consumer Trends and Transforming the Retail Landscape!

With Walmart preparing to unveil its quarterly results, all eyes are on the retail giant’s move to elevate its full-year earnings forecast. The spotlight remains on the steadfast consumer trend of prioritizing essential purchases, even amid escalating borrowing costs, tightening lending standards, and a somewhat challenging job market. As the world’s largest retailer based on … Read more