BSE Declined By 1,181.84 points In Just 5 Days Due To….
Major Indian companies, including the Mukesh Ambani-led Reliance and Tata Group, lost over Rs 94,961 crore in valuation in just five days. Reliance’s market valuation fell by Rs 60,824.68 crore to Rs 19,82,282.42 crore, and TCS’s (Tata Consultancy Services) fell by Rs 34,136.66 crore to Rs 16,12,762.51 crore. However, these two are not the only…
Suryansh
Turnaround Strategy- Definition, Stages And Elements
Most corporate organisations fail due to mismanagement. When a corporate organisation encounters economic distress, the organisational management puts a strategy or plan to get things back on track and call it a turnaround strategy. Moreover, when a plan or strategy doesn’t work as expected, the leadership corrects it through specific actions or restructuring under the…
Sumit
Master Your Skills: 7 Types Of Business Management
Do you think managing a business is easy? It is more like building the Eiffel Tower without professional engineers. Just like initiating a business requires resources, managing it requires skills, knowledge, and better understanding. Planning, directing, and decision-making are the major parts of business management that are important to consider in order to achieve organisational…
Jio Finance Beta App Launched: All You Need To Know
Jio Financial Services launched a beta version of the Jio Finance app on Wednesday, 29 May 2024. With this app, Jio plans to offer UPI, digital banking, and loans on mutual funds. The app’s key features are instant digital account opening and streamlined bank management with the Jio payments bank account. This app also provides…
ABHYUDAYA MITTAL
Nvidia’s 600% Profit And Stock Split Announcement
NVIDIA Corporation surpassed the analyst forecast of second-quarter revenue of $26.8 billion and earned a staggering $28 billion. According to Bloomberg, their profit margins expanded by an impressive 600%, and revenue grew by a remarkable 268% annually. This indicates even amidst an economic slowdown, spending on computational AI remains bullish. Chief Executing Officer Jensen Huang…
Shipra Prajapati
Share Market Touches New High Ahead Of Election
For the first time ever, the market cap of listed companies touched a new high of USD 5 trillion before the elections in intraday trade. It took merely 6 months to reach this milestone of USD 5 trillion in May from USD 4 trillion in November 2023. As per Fortune India, this growth is driven…
Vikas
Banking Industry Records INR 3 Lakh Crore Profit in FY24
The banking sector in India grew by a staggering 39% in FY24. The net profits of the banking companies swelled from INR 2.2 lakh crore in FY23 to INR 3 lakh crore in FY24. It was the first time in the sector’s history that it has ever crossed the benchmark of 3 lakh crore. The…
JYOTI
Nikhil Kamath Success Story: Journey To Billions
Nikhil Kamath success story is truly an inspiration for us all since it is the journey of a school dropout who became India’s youngest billionaire at the age of 37. After dropping out of school, he started working at a call center with a monthly salary of Rs. 8,000. Soon after that, he casually started…
abhinav singh
Everything You Need To Know About Investment Banking
Investment banking is one of the most lucrative jobs. If you are also planning to make a career in investment banking, then you are in the right place. Before stepping into becoming an investment banker, let’s first understand what investment banking is. Investment banking is a job profile that deals with high-end and complex financial…
New Financial Rules That Come Into Effect From April 1
The Indian government introduced major financial reforms during the parliamentary budget session Most of the new taxes and rules introduced by Nirmala Sitaraman come into effect today, April 1, including a new tax regime and new EPFO ( Employees’ Provident Fund Organisation) rules that might impact your retirement planning. Having a comprehensive understanding of these…