Adani cos among 5 stocks that saw promoter share rise in Q2

Changes in a company’s promoter holdings offer crucial signals for investors. When promoters buy shares, it can indicate their confidence in the business, a positive sign for investors. Here’s a look at companies that saw the highest sequential increase in promoter holding in the September quarter. (Source: Trendlyne)

IndiGo CEO on Q2 results, aircraft grounding, fuel surcharge & more

“We have recently concluded induction of another 11 planes which are coming in one by one. Going forward, we continue on that track. Only in the month of December, we get three more ATR aircraft coming in, so that is helpful. We got new airbuses coming in and we are evaluating a further increase of […]

India among top countries with high income, wealth inequality: new UNDP report

A recent UNDP report reveals that India, despite rapid economic growth, grapples with high income and wealth inequality. While the country reduced multidimensional poverty from 25% to 15% between 2015-16 and 2019-21, disparities persist, particularly among vulnerable groups like women and informal workers. The report emphasizes the urgent need for investments in human development, job […]