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Mistry family's Shapoorji Pallonji (SP) Group, which holds an 18.37% stake in Tata Sons, suggested that the Tata Group holding company explore the possibility of an initial public offering (IPO) to unlock value for stakeholders, according to people with knowledge of the matter. At the Tata Sons annual general meeting (AGM) held on Monday, the SP Group also praised the strong performance of group companies under the leadership of the executive team headed by chairman N Chandrasekaran, suggesting that ties between the two sides may have become less frosty.

Subscribe to enjoy similar stories. Breakout stocks to buy or sell: Following strong global market sentiments on the US Fed rate cut buzz, the Indian stock market started the week on a higher note and finished upside on Monday. The Nifty 50 index finished 27 points higher at 25,383, the BSE Sensex ended 97 points higher at 82,988, whereas the Bank Nifty index gained 215 points and closed at 52,153.

Benjamin Netanyahu announced an expansion of the country's war goals on Tuesday to include the return of northern residents who fled cross-border fire traded with Hamas ally Hezbollah. «The political-security cabinet updated the goals of the war this evening, so that they include the following section: the safe return of the residents of the north to their homes,» Netanyahu's office said in a statement. Israeli forces and the Iran-backed Lebanese armed group have exchanged near-daily strikes since Hamas's October 7 attack sparked war in the Gaza Strip.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Great Eastern Shipping Company, India's biggest private ocean carrier, will «evaluate» entering the container shipping sector, a senior company executive said. This, according to an industry expert, could be a diversification strategy aimed at mitigating the risks associated with oil trade as the world pivot towards green energy, cutting the quantum of crude and petroleum products shipped by sea. «We will evaluate the container (shipping) space. It's clearly on our radar but not at the moment,» Great Eastern Shipping general manager Rahul Sheth said during an earnings call on August 1, which has not been previously reported. Rahul Sheth is the son of Ravi Sheth, a director of Great Eastern Shipping and managing director of Greatship (India) Ltd, its oilfield services unit. Ravi Sheth's brother Bharat Sheth is the deputy chairman and MD of Mumbai-listed Great Eastern Shipping Company.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

Positioned within the top cryptocurrency projects, Solana (SOL) is a blockchain architecture designed with scalability in mind, while being equipped with the capability of developing decentralized applications (dApps) on top of it. Its 24-hour trading activity is approximately $2.26 billion depicting an increase of 3.95%. With over 467.93 million SOL tokens circulating, this platform further maximizes the windfall, once again trailing at the upsurge of active development in the blockchain movement.Nonetheless, as the sacrifices in the competition for users in the realm of decentralized finance (DeFi) continue to grow, an up-and-coming project is beginning to grab the attention of both investors and developers – Rexas Finance (RXS). This rising star has begun gaining attention and may turn out to be a Solana threat. Rexas Finance, RXS, which is priced below $0.10 now, has a potential target of $20 by mid-2025, given its revolutionary approach to asset management and tokenization.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

stocks were in heavy demand on Monday, with Kohinoor Foods surging 20 per cent, after the government said the USD 950 per tonne minimum export price (MEP) on basmati rice has been removed. At close of trade, shares of Kohinoor Foods surged 20 per cent, LT Foods jumped 6.70 per cent, KRBL climbed 5.87 per cent and Chaman Lal Setia Exports went up 1 per cent on the BSE. Intra-day, LT Foods surged 9.72 per cent, KRBL soared 7.67 per cent and Chaman Lal Setia Exports rallied 5.92 per cent.

Shares of Infosys Ltd.(up 0.32 per cent), Wipro Ltd.(up 0.24 per cent) and LTIMindtree Ltd.(up 0.12 per cent) ended the day as top gainers in the pack.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Reliance Power today surged 5% to hit its upper circuit at Rs 31.32 on BSE after the company announced that it has secured a battery storage contract of 500 MW through the e-reverse auction (eRA) conducted by the Solar Energy Corporation of India (SECI). The contract involves the installation of a total of 1,000 MW of standalone BESS units, awarded on a build-own-operate (BOO) model for «On Demand» usage under a tariff-based competitive bidding process.

Indian Oil Corporation Ltd. slipped 0.49 per cent to Rs 172.3 in Monday's trade as of 01:18PM (IST). The stock hit a high price of Rs 174.1 and low of Rs 171.55 during the session. The return on equity (ROE) for the stock stood at 22.75 per cent. Traded volume on the counter stood at 01:18PM shares and turnover at Rs 3.88 crore around that time. The stock of Indian Oil Corporation Ltd. quoted a 52-week high price of Rs 196.8 and 52-week low prices of Rs 85.51, respectively.

ICICI Lombard General Insurance Company Ltd. slipped 1.0 per cent to Rs 2088.35 in Monday's trade as of 01:39PM (IST). The stock hit a high price of Rs 2121.35 and low of Rs 2085.9 during the session.

MphasiS Ltd. traded at Rs 3152.6 on BSE at 01:02PM (IST) on Monday, up 0.23 per cent. The stock quoted a 52-week low price of Rs 2068.45 and a high of Rs 3182.2. Earlier in the day, the stock saw a gap up opening.