Equity analysts have boosted the average profit forecast for companies in the MSCI Emerging Markets Index by 12.1 per cent in dollar terms since a low on June 1
Sebi had appointed Grant Thornton Bharat LLP as the forensic auditor in July to ascertain facts and circumstances in relation to financials of the firm with respect to its financial statements for ...
Under the new norms, qualification and experience criteria of the investment team may be fulfilled individually or collectively by personnel of key investment team of the manager.
This work is intended to fast track the development and roll out of indigenous 5G network infrastructure and services in India, the companies said in a joint release.
Conlecta Capital Advisors bought 3,98,5000 shares of Industrial Investment Trust at Rs 48.10 per share, while One Earth Capital sold 4,00,000 shares of the company at the same price.
Vinod Nair of Geojit Financial Services said, volatility is expected going forward, but the market will maintain its optimism in-line with stock-wise Q2 result, size of the domestic stimulus and gl...
Didi, backed by technology investment giants SoftBank , Alibaba and Tencent, has started initial talks with investment banks for the long-awaited IPO, according to three people. It's looking to for...
Starting with Tesla on Wednesday, investors will be most focussed on what executives have to say about the quarters ahead, as signs grow that the pandemic, which halted work earlier in the year, is...
November U.S. West Texas Intermediate (WTI) crude futures fell 37 cents, or 0.9%, to $40.46, while the more active December contract eased by 7 cents, or 0.2%, to $40.99.
Bonds were initially planned to offer 5.875 percent with three and a half-year maturity but finally priced at about 5.375 percent, the tightest yield the company never attained before.
Promoted by Kedaara Capital and Partners Group, Aavas is primarily engaged in the business of providing housing loan to customers belonging to low and middle-income segment in semi-urban and rural ...
In 2008 energy was the S&P 500’s second-largest sector by weight, right behind information technology. Energy, one of the S&P 500’s 11 sectors, is made up entirely of oil and gas and oilfield servi...
Aavas Financiers on Tuesday said its board has approved plans to raise up to Rs 100 crore by issuing bonds on private placement basis.
The executive committee of the board at their meeting held on ...
FIIs net position on index futures stand at 55,000 long contracts. Also, in cash market FIIs have been net buyers of stocks to the tune of Rs. 8000 crores in month of Oct.
Latest shareholding data showed that billionaire Anil Agarwal-led Vedanta held 2,74,31,54,310 shares, or 64.92 per cent, stake in the company as of September 30. This translates to a dividend amoun...
"The funds raised through this issue will be utilized for, inter alia, refinancing of existing borrowing and/or funding of capital expenditure of the company, including recoupment of expenditure al...
The total value of assets under these seven InvITs is estimated at Rs 1.3 lakh crore and InvITs are likely to gain significant traction in the next few years, it said.
Freeport-McMoRan’s shares soared 211 per cent between the last trading day before suspending the payout and Friday, trouncing the 51 per cent gain in the S&P 500 Index.
“With the bumper groundnut crop during kharif 2020, we are cheaper than other origins like the US and Argentina. Enquiries are coming and contracts are being signed. We see an increase of about 10%...
Gaurav Ratnaparkhi, Senior Technical Analyst at Sharekhan, said the index has crossed the 61.8 per cent retracement of last week's fall, but its movement got halted near the 78.6 per cent retraceme...
The company while announcing the results also declared an interim dividend of Rs 21.30 per share amounting to Rs 9000 crore, i.e. 1065 per cent on face value of Rs. 2 per share for the financial ye...
Until a week ago, bullion dealers were offering discounts on gold. But with the onset of Navratri demand, they have started charging a premium over the official price of gold.
Top biscuit maker Britannia Industries tanked 5.89 per cent to Rs 3,551.50 after analysts cut the FY21 earnings estimates for the company by 4-6 per cent following its second quarter results.
Massive additions are visible at 11,900 call and 11,900 put strikes for the current weekly expiry. It represents that traders are not expecting any major move on either side.
India VIX moved up 3.99 per cent from 21.82 to 22.69 levels. It needs to cool down below 19 mark for the market to stabilise but volatility may rise ahead of the US election.
Total income increased on a consolidated basis to Rs 2,064.61 crore in the July-September quarter of this year from Rs 1,784.69 crore in the year-ago period, the company said in a regulatory filing.
The company said the quarter was “competitive” and domestic consumer growth, excluding the impact of acquisitions, was just 3 per cent. Including the acquisitions, the same was 16 per cent.
The domestic stock market ended in the green for the third straight session on Tuesday, led by gains in HDFC Bank, and information technology (IT) stocks
In the Base Metals Index, zinc carries a weightage of around 33.06 per cent, copper accounts for 29.81 per cent, nickel has 14.77 per cent weightage, lead, 12.88 per cent and aluminium, 9.48 per cent.
Consolidated revenue from operations stood at Rs 858.12 crore for the quarter under consideration. It was Rs 699.53 crore in the same period a year ago, it added.
Benchmark indices extended their rally to the third day. In the last 14 sessions, they have closed in the green in 13 instances, thanks largely to a rally in IT and pharma stocks.
The ratings agency has placed under review for downgrade the B3 rating on the senior unsecured bonds issued by Vedanta and those issued by its wholly-owned subsidiary Vedanta Resources Finance II P...
COVID-19 cases in India are decreasing after a peak in mid-September, with the world's second-worst affected country reporting a near three-month low of 46,790 new infections in the last 24 hours.
Significant buying interest was seen in the stock intraday, hinting at the upper end of the range being tested. Percentage of delivery stood at 60% to traded quantity intraday.
The Canadian asset manager is acquiring 125 lakh square feet of rent-yielding offices and co-working spaces from RMZ Corporation, the privately held developer said in a statement on Monday.
We are very early in the cycle and are seeing only a few cylinders firing. We will see a few more firing along the way and 18 or 24 months from now, we will have a super cycle coming up globally, s...
Since a significant quantity of sugarcane juice and B-molasses will be diverted into ethanol production, a proportionate quantity of sugar production will get reduced, ISMA said
Analysts said offloading of positions by participants owing to slackened demand from consuming industries in the physical market weighed on aluminium prices in futures trade.
Globally, West Texas Intermediate crude oil was trading 0.24 per cent lower at USD 40.73 per barrel, while Brent crude was quoting 0.31 per cent lower at USD 42.49 per barrel in New York.
"What we're likely to see is concerns about near-term growth, and I wouldn't be surprised if we saw weakness in markets on the back of that," said Nick Peters, multi-asset portfolio manager at Fide...
Mid- and small-cap shares were trading on a subdued note as Nifty Midcap 100 index rose 0.3 per cent while Nifty Smallcap 100 index was trading on a flat note.
"The virus numbers are pointing to a second wave globally. This may lead to more severe shutdowns and lower economic activity," said Brad Smoling, managing director at Smoling Stockbroking.
Consumer staples firms jumped 2.35%, powered by breweries and distillers. Economic data released Monday showed that China's economic recovery quickened in the third quarter, supported by growing co...
Since the pandemic-driven lockdowns that began late March, hospitals have been on a crisis path as people began to avoid going to hospitals for regular consultations and began to postpone elective ...
Britannia Industries posted a net profit of Rs 498.13 crore in the three-month period ended September 30, as against Rs 404.22 crore in the corresponding period a year ago.
The bank has raised Rs 140 crore from anchor investors by the way of allocating 4.23 crore equity shares at the price of Rs 33 per equity share, which is also the upper band of the IPO price.
Between September 25 and September 30, 2020, Anita Mani purchased 679,677 equity shares for Rs 25.33 crore, according to disclosure made by the company to stock exchange
The company on Monday reported a 20.25 per cent increase in consolidated net profit to Rs 363.85 crore for the third quarter ended September 30. The company, which follows January-December financia...
Choice Broking has a 'neutral' rating on the Equitas Small Finance Bank IPO. Emkay Global Financial Services has a ‘buy' recommendation on the issue. Quantum Securities has a ‘subscribe' rating.
PTI quoting sources said that the contract is worth Rs 24,985 crore and the construction major is set to bag the largest civil contract of the bullet train project. Ahmedabad-Mumbai bullet train is...
Share Market Updates: HCL Tech, Larsen & Toubro, Mahindra & Mahindra, Tech Mahindra, Asian Paints and JSW Steel were the top gainers in the Nifty index.
The FMCG firm reported a 23 per cent rise in consolidated net profit to Rs 495.20 crore for the September quarter compared with a profit of Rs 405.37 crore in the same quarter a year ago.
Reliance, which operates two giant refineries with a combined capacity of 1.4 million barrels per day in Gujarat, aims to become a net zero carbon company by 2035.
Auction for the second TOT bundle, with 586km of national highways in Rajasthan, Gujarat, West Bengal, and Bihar at a base price of Rs5,362 crore, got cancelled last year after the bids offered wer...
In the past three days, Somany Ceramics (up 19 per cent) Kajaria Ceramics (9 per cent) have outperformed the S&P BSE Sensex, which up 2.4 per cent during this period
Edelweiss Securities has ‘Reduce’ rating on HDFC Life with a target price of Rs 530, while Motilal Oswal Financial Services is ‘Neutral’ on the company and set a price target at Rs 625.
Barely one in five considers inflation while planning for retirement. Life insurance and bank FDs are top choices for those who plan for retirement, and this underlines the essential conservatism i...
Larsen & Toubro has emerged as the lowest bidder for the design and construction of 237 km length of viaduct for 508-km Mumbai-Ahmedabad High Speed Rail corridor,National High Speed Rail...
Xelpmoc Design and Tech is focused on building next generation technology, especially in the artificial intelligence and machine learning space, with a keen interest in natural language processing ...
The IPO activity in the next 3-6 months would be dominated by resilient sectors such as tech, healthcare, commercial real Estate (REITs), consumer and also recovering sectors like hospitality and B...
The IPO is not commanding much premium over the price band in the grey market, the unofficial market for trading in unlisted shares. Traders say there are concerns over the banks that deal with sma...
In the last 13 sessions, bluechip indices have closed in the red for just one session, which outlines the one-way rally the market has seen. Infosys and TCS twins were the biggest positive contribu...
The public offering consists offresh issue of 8.5 crore shares and offer for sale of 7.2 crore shares by Equitas Holdings Limited, the holding company of Equitas Small Finance Bank.
ACC, UltraTech, Ambuja among top players and even midcaps like Ramco, JK Lakshmi Cement, Shree Cement are likely to post fantastic sets of numbers, says Gaurang Shah.
Despite the large economic impact of the Covid-19 pandemic, the markets have recovered sharply even though the performance among individual stocks has been quite polarised
L&T has emerged as the lowest bidder in the financial bids for the design and construction of civil works for 47 per cent of the alignment of the Mumbai-Ahmedabad High-Speed Rail corridor
The government is considering allowing potential suitors for Air India decide how much of the flag carrier's debt they want to take on as part of the deal, Disinvestment Secretary Tuhin Kanta Pande...
The infrastructure company has emerged as the lowest bidder for the design and construction of 237 km length of viaduct for 508-km Mumbai-Ahmedabad High Speed Rail corridor.
Pidilite Industries Ltd., incorporated in the year 1969, is a Large Cap company (having a market cap of Rs 78048.32 Crore) operating in Diversified sector.
HDFC Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 115193.82 Crore) operating in Financial Services sector.
L&T Technology Services Ltd., incorporated in the year 2012, is a Mid Cap company (having a market cap of Rs 18561.69 Crore) operating in IT Software sector.
HDFC Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 116587.05 Crore) operating in Financial Services sector.
Tata Communications Ltd., incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 26202.90 Crore) operating in Telecommunications sector.
Petronet LNG Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 33135.00 Crore) operating in Gas & Petroleum sector.
Bharti Airtel Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 224823.52 Crore) operating in Telecommunications sector.
Tata Communications Ltd., incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 27280.20 Crore) operating in Telecommunications sector.
Rallis India Ltd., incorporated in the year 1948, is a Mid Cap company (having a market cap of Rs 5054.25 Crore) operating in Pesticides/Agro Chemicals sector.
Mahindra & Mahindra Financial Services Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 15907.45 Crore) operating in NBFC sector.
Nirmala Sitharaman said that the Centre has not closed the option for another stimulus package and has started doing "some kind of" assessment on gross domestic product (GDP) contraction.
Share Market Latest Updates: HCL Tech, Larsen & Toubro, Mahindra & Mahindra, Tech Mahindra, Asian Paints and JSW Steel were the top gainers in the Nifty index.
Mukesh Ambani said that India must rethink and reinvent manufacturing, like it did its refining and petrochemicals to make the country's manufacturing sector globally competitive
In Delhi, the price of petrol stood at Rs 81.06 per litre and diesel at Rs 70.46 per litre - the same levels as the previous day, according to notifications from Indian Oil Corporation.
Brent crude futures fell 30 cents, or 0.7%, to $42.32 a barrel by 0149 GMT, after falling 31 cents on Monday. U.S. West Texas Intermediate (WTI) crude futures slid 26 cents, or 0.6%, to $40.57 a ba...
Analysts said the index did not see a followup drop following Thursday’s selloff, which is a sign of relief. But they feel the index remains vulnerable to selling pressure. The 11,900-926 range cou...
SPDR Gold Trust , the world's largest gold-backed exchange-traded fund, said its holdings rose 0.02% to 1,272.85 tonnes on Monday from 1,272.56 tonnes on Friday.
MSCI's broadest index of Asia-Pacific shares outside Japan was 0.11% lower after U.S. stocks ended the previous session in the red. Australian and Japanese also dipped and MSCI's gauge of stocks ac...
A fresh put writing at 24,000 strike indicates that put writers are shifting the base higher and we might see further upside move on the back of a short-covering rally
The Dow Jones Industrial Average fell 410.89 points, or 1.44%, to 28,195.42, the S&P 500 lost 56.89 points, or 1.63%, to 3,426.92 and the Nasdaq Composite dropped 192.67 points, or 1.65%, to 11,478...
Today, a total of 26 companies including Hindustan Unilever, Larsen & Toubro Infotech, and Bombay Dyeing are scheduled to announce their quarterly earnings
Larsen & Toubro is close to bagging its largest order ever as it has emerged the lowest bidder to construct a significant part of the Ahmedabad-Mumbai bullet train project.
The winning consortia, London-based Kalrock Capital and UAE businessman Murari Lal Jalan, are likely to initially put in Rs 400 crore and infuse about Rs 650 crore in all in the first year for Jet-...
But the deal has hit a roadblock with Amazon approaching an arbitration body in Singapore, claiming that Future Group has breached contractual obligations by excluding the e-tailer from discussions.
India could see at least 10 internet companies going public in 2-3 years. This, after the financials of startups became more real and viable in the long term with less dependence on equity capital...
