Investcraft Market Updates

Diwali 2024 Market View | Make or Break for Bulls at 24,000 Nifty

A very warm Diwali greetings to our investors. This Diwali , we are forced to restrict our self not to issue a buying list for the year , because we believe that markets are not out of woods yet and may contain some hidden turbulence's. Let’s discuss this with different perspectives, as we at Investcraft approached our Market Expert  Mr Alok to guide us on this Diwali with his enlightening Views he...

LG Planning India IPO at $1.5 Billion Valuation

South Korea’s LG Electronics Inc. has picked banks for a potential initial public offering of its Indian business that could raise as much as $1.5 billion, according to people familiar with the matter. LG has tapped banks including Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co. and Morgan Stanley as arrangers for an IPO that may take place as early as next year, the people said. LG...

Ford Plans Comeback with Global Manufacturing

Automaker Ford, who is set to enter Indian market again, on Friday announced intention to repurpose its Chennai plant for manufacturing vehicles aimed at export markets as part of its Ford+ growth plan by submitting Letter of Intent to the Government of Tamil Nadu. The Chennai facility will be repurposed to concentrate on manufacturing for global markets. The 'Make in Chennai' plans emerge after Chief...

Indian firms in TIME’s world’s best companies of 2024

HCL Tech, Infosys, Wipro, and Adani Group, among others, are the top Indian firms that have made it to TIME's World's Best Companies list. Topping among Indian companies to feature in the TIME's list was HCL Tech at the 112 position, followed by Infosys at the 119 position, and Wipro at 134 position. The next Indian firms to feature in the list are - Mahindra Group, Axis Bank, State Bank of India, ICICI...

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