Carol S Dweck's book 'Mindset: The New Psychology of Success' explores the concept of growth mindset, which emphasizes that abilities and intelligence can be developed through effort and perseverance. The book highlights how this mindset can lead to success in various aspects of life, including education, work, and relationships.
Lucky allottees of SME IPO Trafiksol ITS Technologies saw a 135% GMP gain turn into disappointment as BSE postponed the listing due to discrepancies. The Noida-based company's IPO, which received robust investor response, now faces scrutiny and must address issues raised in complaints before proceeding.
The company has recently canceled its DVR (Differential Voting Rights) shares and is replacing them with ordinary shares. According to the new scheme, shareholders will receive 7 ordinary shares for every 10 DVR shares they previously held. Axis Trustee Services, acting as an Independent Trustee, will now manage the distribution of the sale proceeds.
The non-institutional investors (NIIs) subscribed to the issue 8.23 times while the quota reserved for qualified institutional buyers (QIBs) was booked at just 3%. In all, 2.5 lakh share bids were received from QIBs around this time against 58,98,528 shares available for booking.
Investec predicts that using advanced tech in ideal locations will boost energy production significantly. Combined with a greater focus on selling directly to customers, this should result in a 60% annual profit growth over the next six years.
A total of 3,301 shares changed hands on the counter till 01:54PM (IST)
The problem with looking at an index and feeling bullish or bearish is the fact that the index is a collection of stocks which in all probability has little correlation with a stock you have in your portfolio. If you are feeling bullish because the nifty is touching and checking what has happened to the value of the portfolio, there is a high probability that you may get disappointed. The reason to be bullish has to be growth of the economy and the reason for selecting a stock has to be good business, management and growth of the company. Читать дальше...
Lower interest rates mean higher bond prices, benefiting bond investors. While the US Federal Reserve raised rates significantly, India's central bank took a more moderate approach. We expect a smaller rate cut from India's central bank this year.
A job title significantly impacts career growth, as it influences how hiring managers perceive your experience and skills. If responsibilities or pay change without a title update, valuable opportunities may be missed. Timing is crucial when requesting a title change.
Lenovo’s plans mark another win for India as Prime Minister Narendra Modi tries to attract more technology investment into the country. While India’s tense relationship with China has suffered setbacks in recent years, global tech companies see it as an attractive option to build out operations as Beijing and Washington are mired in a trade war.
eBikeGo has partnered with GreenPioneer Mobility and appointed Iftekhar Ahmed as CEO of GreenPioneer. They aim to lead the personal mobility space in India by opening flagship stores, quick stores, and franchise outlets. GreenPioneer will launch private-label brands and a retail brand, NONSTOP, offering mobility aids and rehabilitation equipment.
A total of 605,461 shares changed hands on the counter till 01:49PM (IST)
Rajya Sabha MP Swati Maliwal has accused Atishi, set to become Delhi's Chief Minister, of having parents who wrote mercy petitions for 2001 Parliament attack convict Afzal Guru. Arvind Kejriwal proposed Atishi as his successor during a meeting with party MLAs. Kejriwal plans to resign and push for early elections in November.
AAP leader Gopal Rai announced that Atishi would serve as Delhi Chief Minister until Arvind Kejriwal is re-elected by a significant majority. Kejriwal plans to resign and has called for early elections in October-November, ahead of the February schedule, as a measure of his honesty. Atishi is tasked with continuing government work and protecting Delhi from BJP interference.
Communal tension arose in Karnataka towns Chitradurga, Davanagere, and Kolar due to Palestinian flags during Milad-ul-Nabi processions. In Mangaluru, six were arrested for allegedly throwing stones at a mosque. BJP leaders urged the government to refer these incidents to NIA for investigation, suspecting terror group involvement.
As of 30-Jun-2024, promoters held 73.15 per cent stake in the company, while FIIs held 5.51 per cent and domestic institutional investors had 1.91 per cent.
Sinha joined SBI as probationary officer in 1995 and has worked across sectors such as retail banking, corporate banking and human resources over the past 29 years.
EaseMyTrip.com has acquired a 49% stake in Pflege Home Healthcare and 30% in Rollins International, marking its entry into the medical tourism sector. This move aims to integrate wellness and healthcare services into its travel solutions. The medical tourism industry is currently valued at USD 7.69 billion and is expected to grow significantly by 2029.
Authorities have dismantled a racket that defrauded NEET aspirants by promising admissions to top medical colleges for hefty sums. A key member has been arrested, and investigations are ongoing. The gang targeted students with low ranks or those who failed the entrance exam, extracting large amounts of money under false pretenses.
The stock quoted a 52-week high price of Rs 702.65 and a 52-week low of Rs 371.45.
JBM Ecolife Mobility has secured USD 100 million in funding from the Asian Development Bank and the Asian Infrastructure Investment Bank. The funds will be used to supply and operate electric buses across multiple Indian states under the Gross Cost Contract model, supporting India's Net Zero 2070 target.
Around five fund houses were sitting on more than Rs 10,000 crore cash pile last month. Among 43 mutual fund houses, SBI Mutual Fund had the highest cash allocation in its portfolio as of August 2024. The largest fund house had Rs 30,675 crore cash in its portfolio which was 4.33% of the total AUM.
Promoters held 52.63 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 20.43 per cent and 9.11 per cent, respectively.
Northern Arc Capital's IPO, which opened for subscription on Monday, has been subscribed five times by the second day. Non-institutional investors showed the strongest demand, subscribing nine times. The IPO consists of an offer for sale worth Rs 277 crore and a fresh issue of up to Rs 500 crore. Analysts recommend subscribing due to the company's strong growth potential.
The call comes days after the maker of ChatGPT previewed a new model, known as OpenAI o1, which "destroyed the most popular reasoning benchmarks," said Dan Hendrycks, executive director of CAIS and an advisor to Elon Musk's xAI startup.