The American Petroleum Institute reported crude inventories dropped by 3.61 million barrels last week, according to people familiar, which will be a third weekly draw if confirmed by government dat...
Live Mint - 2 hours ago
Apart from a good domestic performance, sales in the export markets are also expected to be healthy. Rising international foodgrain prices are expected to help exporters of agri-inputs
The risk of regional lockdowns and disruption may upset the growth metrics of NBFCs in FY22
After hitting a new 52-week high of ₹329 on the NSE, the Ambuja Cement stock has been under pressure
Crypto bulls are out in force as growing list of companies embrace Bitcoin, even as skeptics doubt the durability of the boom
Business Standard - 6 hours ago
Nine of the 10 most-sold stocks were part of the Nifty50
Business Standard - 8 hours ago
Gold hallmarking is a purity certification of the precious metal and is voluntary in nature at present
IndiGo stock is fairly resilient in 2021 despite rising covid-19 cases weighing on industry’s recovery.IndiGO is one of the key beneficiaries of the pandemic, gaining domestic market share
Live Mint - 8 hours ago
Sensex, Nifty rise 1.4%; experts see volatility continuing in near term
Spot gold was 0.7% higher at $1,744.33 per ounce by 12:20 p.m. EDT (1620 GMT), after earlier dipping to $1,722.67, its lowest mark since April 5. US gold futures rose 0.7% to $1,743.90.
EconomicTimes - 8 hours ago
Bharat Petroleum Corporation Ltd on March 25 sold its entire 61.5 per cent stake in NRL to a consortium of OIL and Engineers India and the Assam government for Rs 9,876 crore.
EconomicTimes - 9 hours ago
Barley is forming a cup-and-handle pattern on the monthly chart, and the current rally could extend till Rs 1,990 per quintal level, he said.
Escorp Asset bought 100,000 shares of Silgo Retail at Rs 51.7 per share through a bulk deal on the National Stock Exchange.
The proposed investors for preferential allotment include Prem Watsa's Fairfax, one of the co-promoters of the brokerage, Hong Kong-based Ward Ferry, and Rimco.
EconomicTimes - 10 hours ago
Demand will rise by 5.95 million barrels per day (bpd) in 2021, or 6.6%, the Organization of the Petroleum Exporting Countries forecast in its monthly report. That is up 70,000 bpd from last month.
Blockchain emerged over a decade ago as the technology powering cryptocurrency transactions. Since then, banks and other large corporations have been investing millions of dollars to develop and te...
Rakesh Jhunjhunwala has raised his stake in Fortis Healthcare by 0.34 percentage point to 4.31 per cent during the previous quarter. As per the latest
The Hindu Business - 10 hours ago
Original promoters too hiked stake by 4.72% in last quarter
Christened as ESG Risk AI, it is supposed to be India’s first ESG rating company. It will cover a company’s ESG performance across three categories.
While Asia is rebounding from last year's slump caused by the COVID-19 pandemic, there is a divergence between nations benefitting from surging global demand and those reliant on tourism, said Jona...
India in for a tough time
The Hindu Business - 11 hours ago
Brent crude oil futures were up 67 cents, or 1%, at $63.95 a barrel by 1221 GMT, while US crude oil futures gained 61 cents, or 1%, to $60.31 a barrel. Both contracts have recorded changes of less ...
EconomicTimes - 11 hours ago
The merger, the biggest blank-check company deal ever, underscores the frenzy on Wall Street as shell firms have raised $99 billion in the United States so far this year after a record $83 billion ...
Going forward, experts say, the ongoing financial year (2021-22) will see some attractive numbers in non-convertible debenture (NCD) fund raising.
The BSE Sensex gained 660.68 points or 1.38% closing at 48,544.06. The 50-share index Nifty edged 194 points or 1.36% higher to end at 14,504.80
Live Mint - 11 hours ago
The Competition Commission of India (CCI) on Tuesday approved the acquisition of an 89.6 per cent stake in Gangavaram Port Ltd by Adani Ports and Special Economic Zones Ltd.
Shares of Tata Motors on Tuesday jumped nearly 6 per cent after the company-owned Jaguar Land Rover reported a 12.4 per cent rise in retail sales to 1,23,483 units in the fourth quarter of 2020-21.
Business Standard - 11 hours ago
"TCS numbers are quite in line with expectations. Their deal wins are touching a new peak. Even the EBITDA margins are very much stable. So valuation is the only concern and that is why we saw so...
EconomicTimes - 12 hours ago
The Dow Jones Industrial Average fell 161.24 points, or 0.48%, at the open to 33,583.67.
Analysts expect pharma stocks to resume its uptrend and eventually outperform the benchmark over medium term. Pharma stocks outperformed in 2020, but had lost steam in beginning of this year. Howev...
Live Mint - 12 hours ago
The regulatory body approved the acquisition of 89.6 per cent equity shareholding in the Gangavaram Port Limited or GPL by Adani Ports and Special Economic Zones.
NDTV Business - 12 hours ago
Udaipur-based EPC company may raise approximately ₹800-1000 crore via IPO
"One should let go of some of the legacy stocks of the last 5-6 years when expensive stocks continued to be expensive."
OPEC raises 2021 global oil #demand growth view by 100,000 bpd to 6 mn
Business Standard - 12 hours ago
The issue will be a complete offer for sale of 1,15,08,704 equity shares of face value of Rs 5 each by promoter and investor selling shareholders.
EconomicTimes - 13 hours ago
The country leads the whole world in fresh virus caseload now, higher than the second and third most hit nations of the US and Brazil with a daily infection of over 1.62 lakh cases on Tuesday and 8...
The Centre, in November 2019, had announced that hallmarking of gold jewellery and artefacts would be made mandatory across the country from January 15, 2021. But the deadline was extended for four...
Live Mint - 13 hours ago
Banks will remain functional tomorrow in Bhopal, Aizawl, New Delhi, Chandigarh, Raipur, Shimla, as well as Shillong, according to RBI.
NDTV Business - 13 hours ago
Analysts advised investors not to get carried away and look to lighten up positions on rallies.
From govt fast-tracking approval for foreign-produced Covid vaccines to JLR reporting over 12% rise in Q4 retail sales, here are top headlines this evening.
Business Standard - 14 hours ago
Equity, currency and derivatives markets will be closed for trading on Wednesday, April 14.
EconomicTimes - 14 hours ago
Breaking away from a range-bound trade, the benchmark indices zoomed over 1 per cent in the last-hour of trade on Tuesday
Global markets may have reached an inflection point with value shares set to outperform growth ones for a significant period, according to JPMorgan Chase chief global markets strategist Marko Kolan...
Live Mint - 14 hours ago
Petrol, Diesel Rates Today: In the national capital, petrol is being sold at Rs 90.56 per litre, while diesel prices were the same at Rs 80.87 per litre
NDTV Business - 14 hours ago
Fund raising through issuance of debentures dropped 29 per cent to Rs 10,587 crore in 2020-21
Expects profit in Q4 of FY21 and Q1 of current fiscal
The Hindu Business - 14 hours ago
India reported 161,736 new coronavirus infections on Tuesday, hitting the world's highest daily tally once again, after overtaking Brazil as the second-most affected country.
NDTV Business - 15 hours ago
Shares of Tata Motors jumped nearly 6 per cent after arm Jaguar Land Rover said that it is likely to report significant free cash flow in the March quarter and achieve break-even on a cash flow bas...
EconomicTimes - 15 hours ago
Such a facility will not only allow usage of data available within NSE but in turn will also provide an enabling platform that paves the way for a wider gamut of research opportunities, the exchang...
Investors cheered the company’s update as the stock jumped, reacting to the management’s comments. Shares of Tata Motors ended 5.62 per cent at Rs 303 on the National Stock Exchange.
Grab, the market leader in Southeast Asia for so-called super apps for consumer services, expects its addressable market to expand to more than $180 billion by 2025 from $52 billion in 2020.
Live Mint - 15 hours ago
On MCX, silver for May delivery gained by Rs 310 to Rs 66,438 per kg.
On MCX, gold contracts for June delivery traded higher by Rs 39 at Rs 46,458 per 10 grams.
Bitcoin rose as much as 4.3% to $62,531, exceeding the previous peak in March
In the international market, gold was trading lower at $1,726 per ounce and silver was flat at $24.89 per ounce.
Benchmark indices Sensex and Nifty partially recovered sharp losses in the previous session.
Devang Mehta, head of equity advisory at Centrum India, is bullish on pharma stocks.
EconomicTimes - 16 hours ago
Infosys had a net worth of $9.6 billion and net cash of $4.6 billion as of December quarter, and therefore can buy back a maximum of $2.4 billion, based on 25 per cent of its net worth, without sha...
The selloff in the domestic equity market over the past six days has caused Adani’s wealth to plummet 17 per cent, or by Rs 92,000 crore ($12 billion), from its peak.
The Economist Intelligence Unit (EIU) has pegged India's economic growth for the year 2021 at 13 per cent, higher than the growth forecast by the International Monetary Fund (IMF).
NDTV Business - 16 hours ago
Nine of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty PSU Bank index's over 4 per cent gain.
For the full 2020/21 fiscal year, Jaguar Land Rover global retail sales totaled 439,588 vehicles, down 13.6 per cent on the previous year as a result of the impact of the pandemic.
Metal stocks today: Steel Authority of India or SAIL gained more than six per cent, while Jindal Steel gained more than five per cent, in the session today.
Net tax receipts, comprising corporate and individual taxes, have also risen to Rs 9.45 lakh core for the 2020/21 fiscal year, surpassing a revised target.
On MCX, copper contracts for delivery in April traded higher by Rs 2.95 at Rs 689.75 per kg.
"We have been consistent in our policy of distributing 80-100% of our free cash flow unless there is some specific requirement like an acquisition, for example," says TCS CFO CFO V Ramakrishnan.
Instead of the conventional IPO process, the company has chosen to go for a direct listing, where existing shareholders can sell their shares directly on the exchange
Live Mint - 17 hours ago
The NSE Nifty 50 index was up 1.29 per cent at 14,491.05 at 2:41 pm, while the S&P BSE Sensex was 1.29 per cent higher at 48,502.18.
NDTV Business - 17 hours ago
A stronger dollar pressures gold as the metal becomes expensive for buyers outside the United States
Business Standard - 17 hours ago
Bitcoin is the world's biggest cryptocurrency
Mutual funds also significantly increased their holding in the company in the final quarter of FY21. They held a 12.25 per cent stake in the company as of March 31, as against 4.99 per cent as of D...
EconomicTimes - 17 hours ago
Adani Ports shares have fallen 15 per cent in last two sessions after hitting a record high of Rs 885 on April 7.
NSE on Monday said it has launched a cloud-based research facility -- NSE Data Room (NDR) -- to encourage research based on Indian capital markets, t
The Hindu Business - 17 hours ago
On the technical charts, the 200-day moving average of the stock stood at Rs 827.15.
Finished steel exports in FY21 stood at 11.65 mn tonnes and semi-finished at 7.25 mn tonnes, up 31% and 153%, respectively, over previous year
Infosys Share Price: On Tuesday, Infosys opened on the BSE at Rs 1,433, touching an intra day high of Rs 1,435.95 and an intra day low of Rs 1,375, in the session so far.
IT stocks under pressure, but auto stocks gain
On MCX, crude oil for April delivery traded higher by Rs 59 at Rs 4,537 per barrel.
A total of 45,842 shares changed hands on the counter till 02:03PM (IST)
A total of 17,415 shares changed hands on the counter till 01:58PM (IST).
Analysts said Dr Reddy’s Labs has exclusive distribution rights for the first 250 million doses in India.
Expectations around TCS' earnings were running high and valuations would have sustained only if the company would have beaten earnings estimates by a decent margin
A total of 91,533 shares changed hands on the counter till 01:53PM (IST)
EconomicTimes - 18 hours ago
The government had planned to sell its balance stake in IDBI Bank to private, retail, and institutional investors through the stock exchange in the last financial year
Business Standard - 18 hours ago
A total of 94,416 shares changed hands on the counter till 01:48PM (IST)
A total of 137,885 shares changed hands on the counter till 01:43PM (IST).
The Relative Strength Index of the stock stood at 35.09 on Tuesday.
On the technical charts, the 200-day moving average of the stock stood at Rs 1588.91.
Nikkei share average rose 0.72 per cent to 29,751.61, holding above key support levels from its 25-day, and 50-day moving average, at 29,503 and 29,440.
On the technical charts, the RSI of the stock stood at 56.17.
The pan-European STOXX 600 was up 0.1 per cent by 0703 GMT after hitting a record high last week.
A total of 69,395 shares changed hands on the counter till 01:22PM (IST)
At the close, the Shanghai Composite index was down 0.48 per cent at 3,396.47, its third day of losses. The blue-chip CSI300 index ended down 0.16 per cent, turning lower from midday gains.
The company reported a 6.3% sequential growth in March quarter consolidated profit to Rs 9,246 crore.
The provisional figures released by the Ministry of Finance on Tuesday, further indicated that the net indirect tax collection for FY21 showed that 108% of the Revised Estimates (RE) of indirect ta...
NDTV Business - 18 hours ago
The provisional figures released by the Ministry of Finance on Tuesday, further indicated that the net indirect tax collection for 2020-21 showed that 108 per cent of the Revised Estimates (RE) of...
The S&P/ASX 200 index closed up 0.04 per cent at 6,976.9 points, having gained as much as 0.3 per cent during the session.
Promoters held 41.73 per cent stake in the company as of 31-Dec-2020, while FII and DII ownership stood at 26.63 per cent and 0.48 per cent, respectively.
Infosys Q4FY21 preview: The company board will also consider a share buyback during a meeting on April 14. Following this development, the stock had hit a 52-week high of Rs 1,480 on the BSE on Monday
The stock traded at a P/E multiple of 205.17, while the price-to-book value ratio stood at 4.74.
A total of 21,490 shares changed hands on the counter till 01:01PM (IST)
On the technical charts, the 200-day moving average of the stock stood at Rs 344.07.
Some experts recommend the average investor to take portfolio exposure of 5%-10% towards international investments.
EconomicTimes - 19 hours ago
The Relative Strength Index of the stock stood at 53.16 on Tuesday.
Promoters held 60.5 per cent stake in the company as of 31-Dec-2020, while FII and DII ownership stood at 11.52 per cent and 0.91 per cent, respectively.
According to currency experts, rupee may continue to feel the pressure and in current quarter Indian national currency may go up to 76 per USD levels
Live Mint - 19 hours ago
A total of 94,794 shares changed hands on the counter till 12:40PM (IST).
A total of 60,373 shares changed hands on the counter till 12:35PM (IST)
The stock quoted a 52-week high price of Rs 1131.2 and low of Rs 428.0.
Shares of Adani Power Ltd. traded 2.37 per cent down in trade at 12:36PM on Tuesday.
The stock quoted a 52-week high price of Rs 1675.8 and low of Rs 1257.2.
A total of 79,245 shares changed hands on the counter till 12:20PM (IST)
A total of 34,498 shares changed hands on the counter till 12:14PM (IST).
even if one is able to spot 120 of the top 500 stocks, instead of the top 20, they can alone deliver huge alpha to investors, says Samir Arora of Helios Capital.
Though Indian markets are likely to be highly volatile given the surge in covid cases in India, there could be some positive impact from the earnings season which started this week, analysts said
Nine of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Auto index's nearly 2 per cent gain.
NDTV Business - 19 hours ago
"Nobody knows the scope of what will happen with Covid in the coming days, but the amount of worry in the market has significantly gone up," says Zerodha co-founder Nikhil Kamath.
Shares of Tata Power Company Ltd. traded 1.36 per cent up in trade at 12:12PM on Tuesday.
A total of 1,661 shares changed hands on the counter till 11:59AM (IST)
The company is building a $290 million port in Yangon
Business Standard - 19 hours ago
On the technical charts, the 200-day moving average of the stock stood at Rs 72902.93.
EconomicTimes - 20 hours ago
The stock witnessed a breakout on the upside on February 15 after news agency Reuters reported that the bank could be one of the four PSBs which the government may privatise in FY22
Business Standard - 20 hours ago
A total of 32,324 shares changed hands on the counter till 11:48AM (IST).
Domestic benchmark index NSE Nifty was trading 25.95 points up at 14336.75, while the BSE Sensex was trading 105.32 points up at 47988.70.
TCS reported a 14.9 per cent jump in its consolidated net profit for the March quarter
The Hindu Business - 20 hours ago
The companys shares had opened at a high of Rs 5,200 per share. They had closed at Rs 4,989 on Monday.
NDTV Business - 20 hours ago
The company's shares had opened at a high of Rs 5,200 per share. They had closed at Rs 4,989 on Monday.
A total of 786 shares changed hands on the counter till 11:33AM (IST)
The precious metals kept to choppy trading range with dollar fluctuations and marginal gains in US bond yields. Investors and traders bought safe haven assets on dollar debasement over inflation co...
A total of 43,225 shares changed hands on the counter till 11:28AM (IST)
Analysts are of the view that opening up vaccine distribution to the private market may lead to better pricing and margins for Dr Reddy’s
Live Mint - 20 hours ago
IPL and financial services are very similar, says Upstox's co-founder Kavitha Subramanian.
The stock quoted a 52-week high price of Rs 2668.85 and low of Rs 1280.0.
While analysts stayed positive on TCS' growth prospects, they see limited earnings upgrades for the stock from here on due to lack of positive surprises and expensive valuations.
Shares of Tata Consultancy Services declined over 4 per cent in morning trade on Tuesday as the company's March quarter earnings failed to cheer investors
The stock quoted a 52-week high price of Rs 105.0 and a 52-week low of Rs 71.15.
Gold loan customers forced to reset or renew their loans at the new LTV
The stock quoted a 52-week high price of Rs 138.85 and a 52-week low of Rs 42.05.
NBCC shares have so far this year rallied 49 per cent massively outperforming the Sensex which has advanced 0.71 per cent.
‘Domestic equities look to be modestly good at the moment’
A total of 52,530 shares changed hands on the counter till 11:07AM (IST)
APSEZ is building a new container terminal with an investment of $290 million along Myanmar’s Yangon river on a 50-year deal.
A total of 29,243 shares changed hands on the counter till 11:02AM (IST)
The brand has now emerged as a strong D2C brand in the personal care category with its own website and app, targeting young millennials. Revenues are derived through its own D2C platform, e-commerc...
A total of 8,634 shares changed hands on the counter till time (IST).
Indoco Remedies has delivered flat returns for 2021 so far, but MFs have raised their stake in the firm by 205 basis points.
A total of 131,783 shares changed hands on the counter till 10:52AM (IST)
EconomicTimes - 21 hours ago
The private lender, on Monday, reported a 21 per cent yearly growth in loans and advances to Rs 87,054 crore as of March 31, 2021 from Rs 71,846 crore as on March 31, 2020.
Business Standard - 21 hours ago
Promoters held 51.76 per cent stake in the company as of 31-Dec-2020, while FII and DII ownership stood at 15.51 per cent and 9.79 per cent, respectively.
TCS' stock fell as much as 3.5% to hit a low of ₹3,143 a share. At 10.15am, the stock was trading at ₹3143.80 on BSE, down 3% from its previous close
Live Mint - 21 hours ago
A total of 100,645 shares changed hands on the counter till time (IST).
Forex and money markets will remain closed on Tuesday on account of "Gudi Padwa".
The Hindu Business - 21 hours ago
The stock traded at a P/E multiple of 20.55, while the price-to-book value ratio stood at 2.16.
Gudi Padwa and Akshaya Tritiya are considered auspicious for buying gold and silver, but the second wave of covid, especially in Maharashtra, has clouded demand outlook for precious metals
A total of 90,095 shares changed hands on the counter till 10:31AM (IST)
Bandhan Bank was able to keep up its business growth but also manage to collect repayments from 96% of its customers.The bank reported a 21% year-on-year growth in its loan book for the March quart...
The stock quoted a 52-week high price of Rs 332.6 and low of Rs 125.05.
Last month, rating agency Icra had upgraded ratings on the company's long-term debt facilities from 'AA(Stable)' to 'AA+(Stable)'
During the quarter company won new orders worth $9.2 billion which was highest ever Total Contract Value (TCV) in a quarter, TCS said in a press release.
NDTV Business - 21 hours ago
On the technical charts, the 200-day moving average of the stock stood at Rs 198.88.
Analysts at ICICI Securities, for instance, have downgraded TCS' stock from 'Add' to 'Hold' while Kotak Securities maintains 'Reduce'
A total of 1,766,757 shares changed hands on the counter till 10:15AM (IST).
It is rightly said that too much analysis leads to paralysis, writes Vijay Kedia.
Crude oil prices could shift higher again once the market shakes off the latest bout of coronavirus jitters
A total of 23,495 shares changed hands on the counter till 10:10AM (IST).
Buying was seen across sectors but the IT segment saw profit booking after TCS reported its Q4 earnings.
A total of 234,247 shares changed hands on the counter till 10:05AM (IST)
A total of 46,206 shares changed hands on the counter till 10:00AM (IST).
EconomicTimes - 22 hours ago
On account of Indian Government's approval to Sputnik vaccine, shares of some pharma companies are expected to get a boost in upcoming trade sessions
Live Mint - 22 hours ago
Gold futures on MCX were up 0.11 per cent or Rs 50 at Rs 46,469 per 10 grams. Silver futures added 0.21 per cent or Rs 137 to Rs 66,265 per kg.
Adani Ports is uilding a $290 million port in Yangon on land leased from the military-backed Myanmar Economic Corporation (MEC).
Reliance Industries, ICICI Bank, HDFC Bank, HDFC, Larsen & Toubro, State Bank of India and Axis Bank were top movers in the Sensex.
NDTV Business - 22 hours ago
Overall, 35 shares were trading in green in Nifty50 index, while 15 were trading in red in the afternoon trade.
Dr. Reddy's Laboratories Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 83098.34 Crore) operating in Pharmaceuticals sector.
Tata Consultancy Services Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 1200915.52 Crore) operating in IT Software sector.
Info Edge (India) Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 61091.60 Crore) operating in Services sector.
Divi's Laboratories Ltd., incorporated in the year 1990, is a Large Cap company (having a market cap of Rs 100939.12 Crore) operating in Pharmaceuticals sector.
Maruti Suzuki India Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 196974.32 Crore) operating in Auto sector.
Blue Star Ltd., incorporated in the year 1949, is a Mid Cap company (having a market cap of Rs 8359.08 Crore) operating in Consumer Durables sector.
Hindalco Industries Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 77945.20 Crore) operating in Metals - Non Ferrous sector.
Ambuja Cements Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 60423.18 Crore) operating in Cement sector.
Coforge Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 18264.09 Crore) operating in IT Software sector.
Bandhan Bank Ltd., incorporated in the year 2014, is a banking company (having a market cap of Rs 54132.92 Crore).
InterGlobe Aviation Ltd., incorporated in the year 2004, is a Large Cap company (having a market cap of Rs 62041.92 Crore) operating in Airlines sector.
Indian Hotels Company Ltd., incorporated in the year 1902, is a Mid Cap company (having a market cap of Rs 12891.56 Crore) operating in Tourism & Hospitality sector.
Torrent Pharmaceuticals Ltd., incorporated in the year 1972, is a Large Cap company (having a market cap of Rs 43189.02 Crore) operating in Pharmaceuticals sector.
Sun Pharmaceutical Industries Ltd., incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 149238.64 Crore) operating in Pharmaceuticals sector.
Graphite India Ltd., incorporated in the year 1974, is a Mid Cap company (having a market cap of Rs 12288.15 Crore) operating in Industrial Consumables sector.
Yes Bank share price crashed near 6 per cent on Monday as the Indian Indices bleed heavily after the record rise in COVID-19 cases in India
Hardening US bond yields and a firmer dollar weighed on global gold rates
“Two sectors which are clear winners now are IT and pharma.”
Tata Consultancy Services (TCS) will be in focus after the company reported its March quarter earnings post market hours on Monday.
EconomicTimes - 23 hours ago
Its stock is up almost 4,000% from a year ago, after it became the poster child of day traders betting on so-called meme stocks.
NDTV Business - 23 hours ago
‘The second wave of Covid 19 could jeopardise India’s economic revival and the overall impact will have to be ascertained’
The Hindu Business - 23 hours ago
The country's largest private multi-port operator is building a $290 million port in Yangon on land leased from the military-backed Myanmar Economic Corporation (MEC).
Market regulator had alleged grave mismanagement by the fund house
The interim dividend will be paid to the shareholders within 30 days from the date of declaration, Muthoot Finance said
Live Mint - 23 hours ago
The board of Muthoot Finance approved payment of an interim dividend of Rs 20 per equity share
Business Standard - 23 hours ago
Crude prices have remained rangebound in the past three weeks.
Japan's Nikkei rose 0.9%, Hang Seng Index added 0.6% in early trade
S&P Dow Jones Indices said it has removed India's Adani Ports and Special Economic Zone from its sustainability index due to the firm's business ties with Myanmar's military which is accuse...
Asian markets were trading largely higher in Tuesday’s trade despite overnight fall in US stocks. Japan’s Nikkei jumped 1.03 per cent, Hong Kong’s Hang Seng climbed 1.2 per cent; Korea’s Kospi adva...
Dow down 0.16%, Nasdaq slipped 0.19%
LIVE market: TCS reported 6.2 per cent sequential growth in Q4FY21 consolidated profit at Rs 9,246 crore while revenue grew by 4.2 per cent QoQ to Rs 43,705 crore.
Sebi imposed a penalty of Rs 25 crore on Yes Bank in the matter of misselling the lender's AT-1 bonds few years ago
The Nifty Bank, Private Bank, Financial Services, Metal, and Realty indices gained between 3 per cent and 4 per cent.
Hong Kong's Hang Seng Index added 0.6% in early trade while the mainland bluechip index CSI300 edged up 0.3% ahead of March trade figures.
EconomicTimes - 24 hours ago
Higher bond yields increase the opportunity cost of holding bullion, which pays no return.
"Now with the SC disallowing the use of this money by NBCC, it remains to be seen how the company arranges the money. Both the bids opened today have no cash component. NBCC is offering lenders lan...
India’s factory output contracted the most in six months in February for the second consecutive month, even before the second wave of the coronavirus pandemic hit the economy, while retail inflatio...
Live Mint - yesterday
Nomura expects Infosys to announce a buyback in the range of $1.3 billion to $1.9 billion at a maximum price of Rs 1,650, which is equivalent to 1.5-2 per cent of the outstanding equity. Nomura has...
EconomicTimes - yesterday
The last time they were net short 5,078 index futures contracts cumulatively was on November 4 last year. Thereafter FIIs been net bullish index futures, with a peak of 91,355 contracts and trough ...
CreditAccess Grameen said its collection efficiency has improved to 94 per cent in the March 2021 quarter.
Mobile banking has indeed emerged as a way to end financial exclusion, a chronic problem in all emerging markets
Business Standard - yesterday
In New Delhi, the price of 22-carat gold is at Rs 45,700 per 10 gm, while in Chennai it fell to Rs 43,800
Share Market LIVE Updates: The Dow Jones Industrial Average fell 0.16% to end at 33,745.86 points, while the S&P 500 lost 0.02% to 4,128.1. The Nasdaq Composite dropped 0.36% to 13,850.00
Recovering from a brutal sell-off Monday, Indian equities recouped some losses on Tuesday. The Sensex touched a high of 48,620.75 and a low of 47,775.32 today, and Nifty moved in a range of 14,274....