Author: Mohd.Adnan

Zomato, a leading food delivery company and restaurant aggregator, is reportedly venturing into the realm of generative artificial intelligence (AI) to revolutionize its range of services. According to reports, Zomato is conducting trials with AI technology to improve the overall customer experience. The company’s parent company, Blinkit, a quick commerce platform, is also actively recruiting experts in machine learning, data science, and natural language processing to create AI-driven products. Zomato Pursuit of AI Integration Zomato’s strategic focus on incorporating generative AI is aimed at enhancing customer satisfaction across various aspects of its platform. The company plans to leverage AI technology…

On Wednesday, June 7th, the Nifty closed at 18,726, and the Sensex closed at 63,142, setting up to make history again in the context of Indian markets. Nifty metals, FMCG, and realty stocks were the top supporting stocks today. Although Kotak Mahindra Bank and Cipla were among the top losers, both drowned by 1%, Britannia Industries made a fresh 52-week high of 4,907.95, along with BPCL, which made a high of 369.50, both of which were up by more than 3.5% at the NSE. Indian equities were higher on the strength of FMCG, Energy, and Metal sectors, as well as…

The change in the expiry day of the Bank Nifty F&O from Thursday to Friday would have a big impact on traders. They will need to alter their trading methods and keep the updated timeline in mind. Traders used to Thursday expiries would have to realign their holdings and adjust to the new Friday expiration. This shift may cause short-term volatility as market players modify their positions. Some of the traders will now be more stressed, as earlier those positions used to get closed on Thursday, giving a result in the form of profit or loss, but now one has…

As its shares reached a 52-week high of Rs 1,295, IndusInd Bank’s request capitalization surpassed Rs 1 lakh crore, its loftiest position in three years. The bank’s stock has increased by nearly 44 percent during the past 12 months. It’s the sixth bank in India with a valuation of more than Rs 1 lakh crore. Over the past two years, IndusInd Bank has bettered its return on equity and return on means, and its daily net profit and profit periphery YoY have been steadily rising. IndusInd Bank shares reached a new 52-week high of Rs 1,295 on Monday, marking the…

Ola Electric board likely to hire Goldman Sachs and Kotak Mahindra Capital for underwriting and Due diligence of the IPO. Earlier this year OLA was in talks with investment Banks like Goldman Sachs and Kotak Mahindra Capital to get listed in the market. Before the end of government incentives for electric vehicles, the electric mobility firm wants to go public. Ola Electric is now one of the exclusive groups of venture capital-backed businesses to start IPO negotiations within six months. A startup funded by Tiger Global and SoftBank By year’s end, OLA Electric will be ready to undertake its first…

GRSE Brief Garden Reach Shipbuilders and Engineers (GRSE) Ltd., a renowned shipbuilding company with a rich history spanning almost 140 years, has exciting plans in the pipeline. To infuse the ship design and construction industry with cutting-edge technology, GRSE aims to collaborate with start-ups specialising in artificial intelligence (AI) and renewable energy. This move marks a significant step towards innovation and sustainability in the maritime sector. GRSE Accelerated Innovation Nurturing Scheme 2024 (GAINS) GRSE recently unveiled its ambitious initiative, the GRSE Accelerated Innovation Nurturing Scheme 2024 (GAINS). This scheme aims to foster collaboration between GRSE and start-ups, encouraging the development…

Rajiv Singh is the chairman of the leading real estate group DLF Ltd. His total wealth computed at $7.19 billion(₹59,000 crores) according to GROHE-HURUN India. Followed by Macrotech Developers(Lodha Group) with a fortune of ₹42,200 crores. The GROHE-HURUN India Real Estate Rich List 2024, which ranks 100 people from 67 firms and 16 locations, was published on Tuesday. The GROHE-HURUN India Real Estate Rich List 2024, which ranks 100 people from 67 firms and 16 locations, was published on Tuesday. His early life and Corporate Career The wealthy Indian real estate investor Rajiv Singh has made a name for himself…

Adani group: A huge loss has been seen by the Adani group this week; a total of 10 billion dollars. The Adani Group’s valuations have decreased this week as a result of the removal of two of its entities, Adani Transmission Ltd. and Adani Total Gas Ltd., from the MSCI India index. According to an earlier prediction made by Brian Freitas, an independent equities analyst who writes for Smartkarma, this action is anticipated to cause passive funds to sell stock worth around $390 million. The group’s flagship, Adani Enterprises Ltd., is also anticipated to post a weekly loss of over…