Sunday, January 31, 2021

Government Likely To Double Health Spending In Budget 2021: Report

Government will likely raise its health spending to Rs 1.2-1.3 lakh crore in the fiscal year starting April 1.

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Budget 2021: Government Must Bridge Digital Divide, Abolish 18% GST On Education

Budget 2021: While the government had given signals of the GDP allocation towards the sector to be at six per cent of GDP, experts demand that the allocation should increase to 10 per cent

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Defence Sector May Receive Higher Budgetary Allocation In Budget 2021

The central government had hiked the defence budget by six per cent last year; an amount of Rs 4,71,378 crore was allocated to the defence sector, which included expenditure on salaries and pensions.

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Budget 2021: Startups Seek Cuts In GST Rates, Suspension Of Basel Norms

Budget 2021: Cuts in GST rates, suspension of basel norms for three years, and measures to increase foreign investments are some demands which experts seek for the startup industry

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Budget 2021: India Needs Technology-Friendly Tax Policy, Says Deloitte India

Incentivising R&D in technologies such as AI, ML and Blockchain could help leverage India's niche and cost-effective science and engineering talent to build its strategic capabilities

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Budget 2021: Economy To Get Shot In The Arm From Budget, Say Economists

Budget 2021: India's Union budget, due on February 1, would help a significant economic recovery in financial year 2021-22 and has already sent stocks to record highs

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COVID Cess, Increase Section 80C Limit: What Financial Planners Want From Budget

Budget 2021: Experts believe that COVID cess may be made applicable to higher income brackets individuals or business with specified turnovers

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Budget 2021: Extend Ayushman Bharat Scheme For Pandemic Support, Says IMF

Budget 2021: IMF's Chief Economist Gita Gopinath has favoured the extension of pandemic support measures, thrust on investment in infrastructure, and divestment path for commercially viable companies

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Budget 2021: Auto Sector Seeks GST Reduction In Lithium Batteries

Budget 2021: The government should provide financing options, reduce GST on raw materials, reduce duties on lithium ion cell batteries, which may boost the sales of electric vehicles, according to...

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Railway Budget 2021 Allocation Expected To Be Rs 1.70 Lakh Crore: Brickwork

Railway Budget 2021: Along with the main allocation, the agency also expects that the allocation of safety fund for the railway network should be increased by 50 per cent to Rs. 30,000 crore

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Budget 2021: Defence Allocation Expected To Be Hiked To Sanitise Neighbourhood

Budget 2021: China and Pakistan are likely to prompt more money allocation for the defence forces for the second straight year

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Budget 2021: As India Unveils Budget, Watch Farm Stocks, Autos, Banks

Analysts believe that tax cuts, higher capital expenditure and greater spending on infrastructure projects -- which tend to support low-income earners -- hold the key to unlocking demand for goods and...

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RBI May Explore Cryptocurrency Operations: What Experts Seek From Budget

Budget 2021: The Reserve Bank of India is exploring the possibility as to whether there is a need for a digital version of fiat currency, according to its recent booklet on payment systems

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What Industries Want From PM Modi Government's Budget: Key Facts

Budget 2021: Corporates and industry lobby groups expect the government to announce greater spending on healthcare and infrastructure, as well as tax breaks for the automotive, manufacturing and...

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Budget 2021: Extend Ayushman Bharat Scheme For Pandemic Support, Says IMF

Budget 2021: IMF's Chief Economist Gita Gopinath has favoured the extension of pandemic support measures, thrust on investment in infrastructure, and divestment path for commercially viable companies

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Budget 2021: Auto Sector Seeks GST Reduction In Lithium Batteries

Budget 2021: The government should provide financing options, reduce GST on raw materials, reduce duties on lithium ion cell batteries, which may boost the sales of electric vehicles, according to...

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Railway Budget 2021 Allocation Expected To Be Rs 1.70 Lakh Crore: Brickwork

Railway Budget 2021: Along with the main allocation, the agency also expects that the allocation of safety fund for the railway network should be increased by 50 per cent to Rs. 30,000 crore

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Budget 2021: Defence Allocation Expected To Be Hiked To Sanitise Neighbourhood

Budget 2021: China and Pakistan are likely to prompt more money allocation for the defence forces for the second straight year

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Budget 2021: As India Unveils Budget, Watch Farm Stocks, Autos, Banks

Analysts believe that tax cuts, higher capital expenditure and greater spending on infrastructure projects -- which tend to support low-income earners -- hold the key to unlocking demand for goods and...

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RBI May Explore Cryptocurrency Operations: What Experts Seek From Budget

Budget 2021: The Reserve Bank of India is exploring the possibility as to whether there is a need for a digital version of fiat currency, according to its recent booklet on payment systems

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What Industries Want From PM Modi Government's Budget: Key Facts

Budget 2021: Corporates and industry lobby groups expect the government to announce greater spending on healthcare and infrastructure, as well as tax breaks for the automotive, manufacturing and...

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Sensex, Nifty LIVE: Nifty Futures Set To Open Higher Ahead Of Budget 2021

Markets are likely to remain volatile during the session as they would react to the announcements made by the Finance Minister.

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Sensex, Nifty LIVE: Nifty Futures Set To Open Higher Ahead Of Budget 2021

Markets are likely to remain volatile during the session as they would react to the announcements made by the Finance Minister.

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Budget 2021: Nirmala Sitharaman To Present Budget Tomorrow

Budget 2021: Nirmala Sitharaman is likely to focus on infrastructure, healthcare, agriculture, rural economy, MSMEs and sectors impacted by the Covid-19 pandemic and lockdown restrictions

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Budget 2021: Nirmala Sitharaman To Present Budget Tomorrow

Budget 2021: Nirmala Sitharaman is likely to focus on infrastructure, healthcare, agriculture, rural economy, MSMEs and sectors impacted by the Covid-19 pandemic and lockdown restrictions

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Brookfield India Real Estate Trust IPO To Open On February 3

Investors can bid for a minimum 200 units and in multiples of 200 units thereafter, which translates into a minimum application size of Rs 55,000 at the higher end of the price band

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Saturday, January 30, 2021

Brookfield India Real Estate Trust IPO To Open On February 3

Investors can bid for a minimum 200 units and in multiples of 200 units thereafter, which translates into a minimum application size of Rs 55,000 at the higher end of the price band

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Petrol, Diesel Prices Remain Unchanged On Sunday

In the national capital, the price of petrol remained unchanged at Rs 86.30 per litre and diesel was steady at Rs 76.48 per litre, according to Indian Oil Corporation

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Petrol, Diesel Prices Remain Unchanged On Sunday

In the national capital, the price of petrol remained unchanged at Rs 86.30 per litre and diesel was steady at Rs 76.48 per litre, according to Indian Oil Corporation

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Sovereign Gold Bonds To Open For Subscription On Monday

Gold Bond Scheme: The eleventh tranche of the sovereign gold bond scheme, will open for subscription on Monday, February 1, and will be available for investing till Friday, February 5

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Sovereign Gold Bonds To Open For Subscription On Monday

Gold Bond Scheme: The eleventh tranche of the sovereign gold bond scheme, will open for subscription on Monday, February 1, and will be available for investing till Friday, February 5

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Budget Documents Explained: What To Find Where In Key Budget Components

Budget 2021: The Union Budget outlines estimates of government's accounts for forthcoming fiscal year

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Budget Documents Explained: What To Find Where In Key Budget Components

Budget 2021: The Union Budget outlines estimates of government's accounts for forthcoming fiscal year

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Government Proposes To Launch Official Digital Currency: What Experts Say

Digital Currency In India: Many central banks across the globe are exploring ways to regulate cryptocurrencies but no major economy has taken the step of placing a blanket ban on owning them

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Key Challenges For Finance Minister Ahead Of Budget 2021 At A Glance

Budget 2021: Reserve Bank of India's monetary policy, including moratorium, restructuring of loans etc, has helped to ease financial constraints to some extent, but not the demand

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Government Proposes To Launch Official Digital Currency: What Experts Say

Digital Currency In India: Many central banks across the globe are exploring ways to regulate cryptocurrencies but no major economy has taken the step of placing a blanket ban on owning them

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Key Challenges For Finance Minister Ahead Of Budget 2021 At A Glance

Budget 2021: Reserve Bank of India's monetary policy, including moratorium, restructuring of loans etc, has helped to ease financial constraints to some extent, but not the demand

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ICICI Bank Q3: October-December Net Profit Jumps 19% To Rs 4,940 Crore

ICICI Bank Limited reported a 19 per cent growth in net profit to Rs 4,940 crore for the October-December quarter in the current financial year, as compared to Rs 4,146 crore in the year-ago period....

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ICICI Bank Q3: October-December Net Profit Jumps 19% To Rs 4,940 Crore

ICICI Bank Limited reported a 19 per cent growth in net profit to Rs 4,940 crore for the October-December quarter in the current financial year, as compared to Rs 4,146 crore in the year-ago period....

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Tech Mahindra Q3: Net Profit Up 14% To Rs 1309.8 Crore In December Quarter

Tech Mahindra Q3 Results: The revenue from operations was almost flat at ₹ 9,647.1 crore in the quarter under review from ₹9,654.6 crore in the year-ago period

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Tech Mahindra Q3: Net Profit Up 14% To Rs 1309.8 Crore In December Quarter

Tech Mahindra Q3 Results: The revenue from operations was almost flat at ₹ 9,647.1 crore in the quarter under review from ₹9,654.6 crore in the year-ago period

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US Lobby Group Urges India Not To Tighten Foreign Investment Rules

India is considering revising the rules after traders in the country accused Amazon's Indian division and Walmart's Flipkart of creating complex structures to bypass investment regulations

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US Lobby Group Urges India Not To Tighten Foreign Investment Rules

India is considering revising the rules after traders in the country accused Amazon's Indian division and Walmart's Flipkart of creating complex structures to bypass investment regulations

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Future Group Likens Amazon To 'Ruthless' Alexander The Great

Dubbing it a corporate battle "for supremacy over Indian customers", Biyani's staff e-mail late on Friday said Amazon was "playing the dog in the manger"

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Future Group Likens Amazon To 'Ruthless' Alexander The Great

Dubbing it a corporate battle "for supremacy over Indian customers", Biyani's staff e-mail late on Friday said Amazon was "playing the dog in the manger"

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What's In Focus For Government's High Stakes Union Budget

Budget 2021: India is likely to double healthcare spending in the next fiscal year with the aim of raising expenditure in the sector to 4 per cent of gross domestic output in next four years

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What's In Focus For Government's High Stakes Union Budget

Budget 2021: India is likely to double healthcare spending in the next fiscal year with the aim of raising expenditure in the sector to 4 per cent of gross domestic output in next four years

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Friday, January 29, 2021

Petrol, Diesel Prices Remain Steady On Saturday

Petrol, Diesel Prices: In the national capital, the price of petrol remained unchanged at Rs 86.30 per litre and diesel was steady at Rs 76.48 per litre

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Petrol, Diesel Prices Remain Steady On Saturday

Petrol, Diesel Prices: In the national capital, the price of petrol remained unchanged at Rs 86.30 per litre and diesel was steady at Rs 76.48 per litre

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Economic Survey 2021 Projects 11% Growth In Next Fiscal Year

Economic Survey: The economy is projected to contract 7.7 per centin the current financial year ending March 31

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Finance Minister Nirmala Sitharaman Tables Economic Survey In Lok Sabha

The Economic Survey 2020-21, authored by a team led by Chief Economic Adviser Krishnamurthy Venkata Subramanian, details the state of different sectors of the economy

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Finance Minister Nirmala Sitharaman Tables Economic Survey In Lok Sabha

The Economic Survey 2020-21, authored by a team led by Chief Economic Adviser Krishnamurthy Venkata Subramanian, details the state of different sectors of the economy

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Thursday, January 28, 2021

Sensex, Nifty Give Up Gains Ahead Of Economic Survey

Eight of 11 sector gauges compiled by the NSE were trading higher led by the Nifty Private Bank index's nearly 1 per cent gain

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Sensex, Nifty Give Up Gains Ahead Of Economic Survey

Eight of 11 sector gauges compiled by the NSE were trading higher led by the Nifty Private Bank index's nearly 1 per cent gain

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Ahead of Budget 2021, How Government's Spending Plans Have Fared So Far

The government has missed its total spending targets in the past two years, or even scaled them down, and has failed to meet goals for some of its flagship development programs, a review of budget...

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Ahead of Budget 2021, How Government's Spending Plans Have Fared So Far

The government has missed its total spending targets in the past two years, or even scaled them down, and has failed to meet goals for some of its flagship development programs, a review of budget...

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Economic Survey Likely To Predict 11% Growth For 2021-22: Report

The survey is set to forecast nominal GDP, which includes inflation, will rise 15.4 per cent, the highest since independence in 1947

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IRFC Shares Make Weak Debut On Exchanges, List At A Discount Of 4%

IRFC's three-day share sale via initial public offering which ended on January 20 was subscribed over 3 times on the BSE and National Stock Exchange

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Economic Survey Likely To Predict 11% Growth For 2021-22: Report

The survey is set to forecast nominal GDP, which includes inflation, will rise 15.4 per cent, the highest since independence in 1947

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IRFC Shares Make Weak Debut On Exchanges, List At A Discount Of 4%

IRFC's three-day share sale via initial public offering which ended on January 20 was subscribed over 3 times on the BSE and National Stock Exchange

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Budget 2021: Any New Tax Could Hit Economic Recovery, Government Warned

A so-called Covid cess shouldn't be announced because the economy is still normalizing after a strict and vast lockdown, Sonal Varma, an economist at Nomura Holdings, said on Thursday

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Sensex, Nifty Off Day's Highs Ahead Of Economic Survey

The Indian equity benchmarks staged a gap up opening on Friday on the back of strong global cues ahead of presentation of the Economic Survey

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Budget 2021: Any New Tax Could Hit Economic Recovery, Government Warned

A so-called Covid cess shouldn't be announced because the economy is still normalizing after a strict and vast lockdown, Sonal Varma, an economist at Nomura Holdings, said on Thursday

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Sensex Rises Over 450 Points, Nifty Reclaims 13,900 Led By Reliance

The Indian equity benchmarks staged a gap up opening on Friday on the back of strong global cues ahead of presentation of the Economic Survey

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Budget 2021: Economic Survey To Be Presented Today

The Economic Survey is expected to dwell on the progress made by the Indian economy in the previous year and also present forecasts on the year ahead, in light of the coronavirus pandemic

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Sensex, Nifty Set To Open Higher On Positive Global Cues

Japan's Nikkei was steady but tracking toward its first weekly loss of 2021, having fallen 1.5 per cent since last Friday.

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Budget 2021: Economic Survey To Be Presented Today

The Economic Survey is expected to dwell on the progress made by the Indian economy in the previous year and also present forecasts on the year ahead, in light of the coronavirus pandemic

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Sensex, Nifty Set To Open Higher On Positive Global Cues

Japan's Nikkei was steady but tracking toward its first weekly loss of 2021, having fallen 1.5 per cent since last Friday.

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Stocks To Watch: Maruti Suzuki, Tata Chemicals, Aviation stocks

Maruti Suzuki reported a 24 per cent rise in quarterly profit to Rs 1,941.4 crore during the December quarter, beating analysts' estimates

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Petrol, Diesel Prices Unchanged On Friday

In Delhi,the price of petrol remained unchanged at Rs 86.30 per litreand diesel was steady at Rs 76.48 per litre, according to Indian Oil Corporation

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Stocks To Watch: Maruti Suzuki, Tata Chemicals, Aviation stocks

Maruti Suzuki reported a 24 per cent rise in quarterly profit to Rs 1,941.4 crore during the December quarter, beating analysts' estimates

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Petrol, Diesel Prices Unchanged On Friday

In Delhi,the price of petrol remained unchanged at Rs 86.30 per litreand diesel was steady at Rs 76.48 per litre, according to Indian Oil Corporation

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Wednesday, January 27, 2021

Apple's Business In India Doubled In Last Quarter: Tim Cook

Apple registered over 60 per cent growth (year-on-year) in its India business in calendar year 2020, while for the festive quarter, the growth was an impressive 100 per cent on a year-on-year basis

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Apple's Business In India Low Relative To Size Of Opportunity: Tim Cook

Apple posted all-time record revenue of $111.4 billion, up 21% year over year. International sales accounted for 64% of the quarter's revenue.

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Apple's Business In India Doubled In Last Quarter: Tim Cook

Apple registered over 60 per cent growth (year-on-year) in its India business in calendar year 2020, while for the festive quarter, the growth was an impressive 100 per cent on a year-on-year basis

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Australian Mining Stock Surges After Being Mistaken For GameStop

Trading volume in the company was at more than 20 times the normal average, leading some to believe that GME had been mistaken for GameStop

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Axis Bank Gains Over 2% Despite Decline In Q3 Net Profit

Axis Bank, the fourth largest private sector lender by market capitalisation, reported a 36.4 per cent year-on-year (YoY) decline in standalone net profit to Rs 1,117 crore for the quarter ended...

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Reddit Day Traders Add Billions To The Wealth Of The Super-Rich

Day traders have been piling into previously unloved tickers favored by short sellers in recent sessions, driving them to record highs.

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Australian Mining Stock Surges After Being Mistaken For GameStop

Trading volume in the company was at more than 20 times the normal average, leading some to believe that GME had been mistaken for GameStop

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Axis Bank Gains Over 2% Despite Decline In Q3 Net Profit

Axis Bank, the fourth largest private sector lender by market capitalisation, reported a 36.4 per cent year-on-year (YoY) decline in standalone net profit to Rs 1,117 crore for the quarter ended...

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Reddit Day Traders Add Billions To The Wealth Of The Super-Rich

Day traders have been piling into previously unloved tickers favored by short sellers in recent sessions, driving them to record highs.

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Sensex Drops Over 500 Points, Nifty Near 13,800 On Weak Global Cues

Sixteen of 19 sector gauges compiled by the BSE were trading lower led by the S&P BSE Finance index's 1.5 per cent drop.

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Budget 2021: A Guide To Stocks Likely To Be Most Affected

Analysts believe that tax cuts, higher capital expenditure and greater spending on infrastructure projects -- which tend to support low-income earners -- hold the key to unlocking demand for goods and...

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Apple Becomes World's Biggest Smartphone Seller In Fourth Quarter

Data from research firm IDC showed Apple's shipments surged 22 per cent to 90.1 million phones in the quarter, giving it global market share of 23.4 per cent and marking a record for the company

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Sensex Drops Over 500 Points, Nifty Near 13,800 On Weak Global Cues

MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.2 per cent, with valuations looking stretched given the index had risen more than 6 per cent just this month.

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Budget 2021: A Guide To Stocks Likely To Be Most Affected

Analysts believe that tax cuts, higher capital expenditure and greater spending on infrastructure projects -- which tend to support low-income earners -- hold the key to unlocking demand for goods and...

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Apple Becomes World's Biggest Smartphone Seller In Fourth Quarter

Data from research firm IDC showed Apple's shipments surged 22 per cent to 90.1 million phones in the quarter, giving it global market share of 23.4 per cent and marking a record for the company

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Sensex, Nifty Set To Stage A Gap Down Opening On Weak Global Cues

MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.2 per cent, with valuations looking stretched given the index had risen more than 6 per cent just this month.

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Sensex, Nifty Set To Stage A Gap Down Opening On Weak Global Cues

MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.2 per cent, with valuations looking stretched given the index had risen more than 6 per cent just this month.

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Government Likely To Announce Sale Of IDBI Bank, Stake in LIC: Sources

The government plans to announce the sale of a 10 per cent to 15 per cent stake in the state-run Life Insurance Corporation in next week's budget, as part of a privatisation push to improve public...

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Stocks To Watch: Axis Bank, Hindustan Unilever, NTPC

Axis Bank reported a 36 per cent year-on-year decline in December 2020 quarter profit to Rs 1,117 crore due to higher provisioning for bad loans

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Petrol, Diesel Prices Steady Across Metros On Thursday

In the national capital,the price of petrol remained unchanged at Rs 86.30 per litreand diesel was steady at Rs 76.48 per litre, according to Indian Oil Corporation

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Government Likely To Announce Sale Of IDBI Bank, Stake in LIC: Sources

The government plans to announce the sale of a 10 per cent to 15 per cent stake in the state-run Life Insurance Corporation in next week's budget, as part of a privatisation push to improve public...

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Stocks To Watch: Axis Bank, Hindustan Unilever, NTPC

Axis Bank reported a 36 per cent year-on-year decline in December 2020 quarter profit to Rs 1,117 crore due to higher provisioning for bad loans

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Petrol, Diesel Prices Steady Across Metros On Thursday

In the national capital,the price of petrol remained unchanged at Rs 86.30 per litreand diesel was steady at Rs 76.48 per litre, according to Indian Oil Corporation

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Tuesday, January 26, 2021

Sensex Slumps Over 500 Points, Nifty Below 14,100 Led By Losses In Banks

Monthly expiry of January futures and option contracts tomorrow was also adding to the selling pressure in the markets, analysts said

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Rupee Up 8 Paise To 72.86 Against US Dollar In Early Trade

Rupee Vs Dollar: At the interbank forex market, the domestic currency opened at 72.91 against the US dollar and inched higher to 72.86 against the greenback

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Home First Finance Company IPO Subscribed 26.66 Times

Home First Finance Company's Rs 1,153.72-crore IPO consisted of a fresh issue of Rs 265 crore and an offer for sale of Rs 888.72 crore by promoters and current shareholders

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Indian Economy To Get Shot In The Arm From Budget: Economists

India's Union budget, due on February 1, would help a significant economic recovery in financial year 2021/22 and has already sent stocks to record highs

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Sensex Slumps Over 500 Points, Nifty Below 14,100 Led By Losses In Banks

Monthly expiry of January futures and option contracts tomorrow was also adding to the selling pressure in the markets, analysts said

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Rupee Up 8 Paise To 72.86 Against US Dollar In Early Trade

Rupee Vs Dollar: At the interbank forex market, the domestic currency opened at 72.91 against the US dollar and inched higher to 72.86 against the greenback

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Home First Finance Company IPO Subscribed 26.66 Times

Home First Finance Company's Rs 1,153.72-crore IPO consisted of a fresh issue of Rs 265 crore and an offer for sale of Rs 888.72 crore by promoters and current shareholders

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Kotak Mahindra Bank Gains Over 1% On Jump In Q3 Net Profit

India's third largest private sector lender by market capitalisation clocked a 16.1 per cent year-on-year growth in profit at Rs 1,853.5 crore for the quarter ended December 2020

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Auto Stocks Drop As Government Proposes To Levy Green Tax In Budget

According to the proposal, private vehicles older than 15 years could be taxed higher as would transport vehicles older than eight years

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Kotak Mahindra Bank Gains Over 1% On Jump In Q3 Net Profit

India's third largest private sector lender by market capitalisation clocked a 16.1 per cent year-on-year growth in profit at Rs 1,853.5 crore for the quarter ended December 2020

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Auto Stocks Drop As Government Proposes To Levy Green Tax In Budget

According to the proposal, private vehicles older than 15 years could be taxed higher as would transport vehicles older than eight years

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L&T Gains Over 1% On Bagging Rs 1,390 Crore Contract

The scope of work for the C6 package includes construction of viaducts, one station, major river bridges, maintenance depots, and other auxiliary works

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How An Obscure Penny Stock Records 451% Gains Via Chat Forums

Blue Sphere soared as advertised on Jan. 19. By the end of the day, it was up 451%, having risen from six-tenths of a penny to over 3 cents

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L&T Gains Over 1% On Bagging Rs 1,390 Crore Contract

The scope of work for the C6 package includes construction of viaducts, one station, major river bridges, maintenance depots, and other auxiliary works

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How An Obscure Penny Stock Soars To 451% Gains Via Chat Forums

Blue Sphere soared as advertised on Jan. 19. By the end of the day, it was up 451%, having risen from six-tenths of a penny to over 3 cents

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Nifty Trades Below 14,200, Sensex Falls Over 300 Points; L&T Outperforms

Larsen & Toubro was outperforming on an otherwise weak markets after its profit rose 5% to Rs 2467 crore in December quarter.

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Nifty Trades Below 14,200, Sensex Falls Over 300 Points; L&T Outperforms

Larsen & Toubro was outperforming on an otherwise weak markets after its profit rose 5% to Rs 2467 crore in December quarter.

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Nifty Set To Open Below 14,200 On Subdued Global Cues

MSCI world equity index, which tracks shares in 49 nations, fell 1.99 points or 0.3 per cent, to 666.09.

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Stocks To Watch: L&T, Kotak Mahindra Bank, ICICI Securities

Larsen & Toubro's net profit in the third quarter ended December 31 rose 4.9 per cent to Rs 2,466.7 crore from Rs 2,352 crore, while revenues fell 1.8 per cent to Rs 35,596.4 crore

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Nifty Set To Open Below 14,200 On Subdued Global Cues

MSCI world equity index, which tracks shares in 49 nations, fell 1.99 points or 0.3 per cent, to 666.09.

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Stocks To Watch: L&T, Kotak Mahindra Bank, ICICI Securities

Larsen & Toubro's net profit in the third quarter ended December 31 rose 4.9 per cent to Rs 2,466.7 crore from Rs 2,352 crore, while revenues fell 1.8 per cent to Rs 35,596.4 crore

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Petrol, Diesel Prices Hiked By 25 Paise In Delhi

In Delhi, the price of petrol was hiked by 25 paise to Rs 86.30 per litre and diesel was increased by a similar amount to Rs 76.48 per litre per litre, according to Indian Oil Corporation

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Petrol, Diesel Prices Hiked By 25 Paise In Delhi

In Delhi, the price of petrol was hiked by 25 paise to Rs 86.30 per litre and diesel was increased by a similar amount to Rs 76.48 per litre per litre, according to Indian Oil Corporation

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Budget 2021: Government Must Bridge Digital Divide, Abolish 18% GST On Education

Budget 2021: While the government had given signals of the GDP allocation towards the sector to be at six per cent of GDP, experts demand that the allocation should increase to 10 per cent

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Moderna Believes Vaccine Will Work Against New Variants

Moderna Covid-19 Vaccine: The emergence of new variants in Britain, South Africa and Brazil has created some concern that mutations in the virus may make vaccines less effective

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Budget 2021: Government Must Bridge Digital Divide, Abolish 18% GST On Education

Budget 2021: While the government had given signals of the GDP allocation towards the sector to be at six per cent of GDP, experts demand that the allocation should increase to 10 per cent

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Budget 2021: Defence Sector May Receive Higher Budgetary Allocation

The central government had hiked the defence budget by six per cent last year; an amount of Rs 4,71,378 crore was allocated to the defence sector, which included expenditure on salaries and pensions.

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Budget 2021: Defence Sector May Receive Higher Budgetary Allocation

The central government had hiked the defence budget by six per cent last year; an amount of Rs 4,71,378 crore was allocated to the defence sector, which included expenditure on salaries and pensions.

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US Industry Body Recommends Ideas To Biden Administration To Boost Indo-US Ties

The US and India share a common set of values, robust democratic systems, and cultures of entrepreneurship, as well as long-standing people-to-people ties that make the two countries natural partners

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Transport Ministry Proposes 'Green' Tax On Old, Polluting Vehicles

According to the proposal, private vehicles older than 15 years could be taxed higher as would transport vehicles older than eight years

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US Industry Body Recommends Ideas To Biden Administration To Boost Indo-US Ties

The US and India share a common set of values, robust democratic systems, and cultures of entrepreneurship, as well as long-standing people-to-people ties that make the two countries natural partners

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Transport Ministry Proposes 'Green' Tax On Old, Polluting Vehicles

According to the proposal, private vehicles older than 15 years could be taxed higher as would transport vehicles older than eight years

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Hyundai Motor Q4 Profit Jumps 57% On Demand For SUVs, Genesis

Recent news that Hyundai was discussing an electric car and battery tie-up with Apple Inc pushed up the automake'rs shares

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Hyundai Motor Q4 Profit Jumps 57% On Demand For SUVs, Genesis

Recent news that Hyundai was discussing an electric car and battery tie-up with Apple Inc pushed up the automake'rs shares

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Government Likely To Double Health Spending In Budget 2021: Report

Government will likely raise its health spending to Rs 1.2-1.3 lakh crore in the fiscal year starting April 1.

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Monday, January 25, 2021

Government Likely To Double Health Spending In Budget 2021: Report

Government will likely raise its health spending to Rs 1.2-1.3 lakh crore in the fiscal year starting April 1.

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Indian Economy Estimated To Grow At 7.3% In 2021: United Nations

The report said the livelihood and income impacts have been particularly harsh for about 2 billion informal workers with limited social protection, especially those self-employed in the informal...

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Budget 2021: Government Should Focus On Implementing Scrappage Policy

The Mumbai-based firm has also recommended that the government should propose a reduction in Goods and Services Tax (GST) on smaller cars to 18%

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Budget 2021: Buy Nifty Put Options Ahead Of Budget, Says HDFC Securities

The Finance Minister Nirmala Sitharaman has already raised expectations from the forthcoming budget, saying that it will be like never before, and alluded to it as "unlike anything seen in the last...

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Indian Economy Estimated To Grow At 7.3% in 2021: United Nations

The report said the livelihood and income impacts have been particularly harsh for about 2 billion informal workers with limited social protection, especially those self-employed in the informal...

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Budget 2021: Government Should Focus On Implementing Scrappage Policy

The Mumbai-based firm has also recommended that the government should propose a reduction in Goods and Services Tax (GST) on smaller cars to 18%

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Budget 2021: Buy Nifty Put Options Ahead Of Budget, Says HDFC Securities

The Finance Minister Nirmala Sitharaman has already raised expectations from the forthcoming budget, saying that it will be like never before, and alluded to it as "unlike anything seen in the last...

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Petrol, Diesel Prices Touch New Highs On Tuesday

In the national capital, the price of petrol was hiked by 35 paise toRs 86.05 per litre and diesel was increased by a similar amount to Rs 76.23, according to Indian Oil Corporation

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Petrol, Diesel Prices Touch New Highs On Tuesday

In the national capital, the price of petrol was hiked by 35 paise toRs 86.05 per litre and diesel was increased by a similar amount to Rs 76.23, according to Indian Oil Corporation

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BSE, NSE Shut Due To Republic Day

The Republic Day commemorates the day when the Constitution of India came into effect i.e. January 26, 1950, replacing the Government of India Act (1935) and transforming the country into a newly...

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BSE, NSE Shut Due To Republic Day

The Republic Day commemorates the day when the Constitution of India came into effect i.e. January 26, 1950, replacing the Government of India Act (1935) and transforming the country into a newly...

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Sensex, Nifty Fluctuate As Rebound In Banks Offset Reliance Slide

Bank stocks were among the top boosts on the index, with shares of HDFC Bank rising 2.2 per cent to become the biggest boost to Nifty.

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Sunday, January 24, 2021

Rupee Gains 4 Paise To Clock 72.93 Against US Dollar In Early Trade

Rupee Vs Dollar: Traders said the local unit is trading in a narrow range against the US dollar ahead of the US Federal Reserve meeting this week

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Rupee Gains 4 Paise To Clock 72.93 Against US Dollar In Early Trade

Rupee Vs Dollar: Traders said the local unit is trading in a narrow range against the US dollar ahead of the US Federal Reserve meeting this week

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Grasim Industries Jumps To Record High On Foraying Into Paints Business

Grasim Industries board has approved plan to invest Rs 5,000 crore over next three years in the paints business.

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Grasim Industries Jumps To Record High On Foraying Into Paints Business

Grasim Industries board has approved plan to invest Rs 5,000 crore over next three years in the paints business.

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Here Is All You Need to Know About Stove Kraft IPO

Stove Kraft's three-day shares sale via initial public offering (IPO) opened for subscription today (January 25).

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Ultratech Cement Rises 2% On Doubling In Q3 Net Profit

UltraTech Cement's net profit more than doubled to Rs 1,584.58 crore in the third quarter ended December 31, 2020 from Rs 711.17 crore in the year-ago period, UltraTech Cement said in a BSE regulatory...

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Reliance Industries Sheds Over 4% Post Q3 Results

Reliance Industries' net profit rose 13 per cent to Rs 13,101 crore in quarter ended December 2020 from Rs 11,640 crore during the corresponding period a year ago

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Here Is All You Need to Know About Stove Kraft IPO

Stove Kraft's three-day shares sale via initial public offering (IPO) opened for subscription today (January 25).

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Ultratech Cement Rises 2% On Doubling In Q3 Net Profit

UltraTech Cement's net profit more than doubled to Rs 1,584.58 crore in the third quarter ended December 31, 2020 from Rs 711.17 crore in the year-ago period, UltraTech Cement said in a BSE regulatory...

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Reliance Industries Sheds Over 4% Post Q3 Results

Reliance Industries' net profit rose 13 per cent to Rs 13,101 crore in quarter ended December 2020 from Rs 11,640 crore during the corresponding period a year ago

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Tencent-Backed Start-Up Preps For World's Biggest Tech IPO Since Uber

The short video startup, backed by Tencent Holdings, is selling 365 million shares at HK$105 to HK$115 each, according to terms of the deal obtained by Bloomberg News

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Sensex, Nifty Gain; UltraTech Cement Top Gainer After Q3 Earnings

All the 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Bank index's over 1 per cent gain

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Budget 2021: Signs Of Recovery Amid Dip In Virus Cases, Vaccine Rollout

With new infections dipping sharply over the last few months and a nationwide vaccine roll-out put in place this month, consumer confidence and demand look set to grow further

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Tencent-Backed Start-Up Preps For World's Biggest Tech IPO Since Uber

The short video startup, backed by Tencent Holdings, is selling 365 million shares at HK$105 to HK$115 each, according to terms of the deal obtained by Bloomberg News

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Sensex Up Over 350 Points; UltraTech Cement Top Gainer After Q3 Earnings

All the 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Bank index's over 1 per cent gain

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Budget 2021: Signs Of Recovery Amid Dip In Virus Cases, Vaccine Rollout

With new infections dipping sharply over the last few months and a nationwide vaccine roll-out put in place this month, consumer confidence and demand look set to grow further

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Stocks To Watch: Reliance Industries, UltraTech Cement, Tata Motors

Reliance Industries, on Friday, reported a 13 per cent rise in net profit to Rs 13,101 crore in the quarter ended December 2020 fromRs 1,640 crore in the corresponding period a year ago

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Stocks To Watch: Reliance Industries, UltraTech Cement, Tata Motors

Reliance Industries, on Friday, reported a 13 per cent rise in net profit to Rs 13,101 crore in the quarter ended December 2020 fromRs 1,640 crore in the corresponding period a year ago

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Nifty Set To Stage Gap Up Opening As Indicated By SGX Nifty

The SGX Nifty also known as the Singapore Nifty was up nearly 1 per cent or 131 points at 14,487

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Petrol, Diesel Prices Remain Steady On Monday

In the national capital,the price of petrol remained at Rs 85.70 per litre and diesel at Rs 75.88 per litre, according to Indian Oil Corporation

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Nifty Set To Stage Gap Up Opening As Indicated By SGX Nifty

The SGX Nifty also known as the Singapore Nifty was up nearly 1 per cent or 131 points at 14,487

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Petrol, Diesel Prices Remain Steady On Monday

In the national capital,the price of petrol remained at Rs 85.70 per litre and diesel at Rs 75.88 per litre, according to Indian Oil Corporation

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Government Must Reduce Import Duty, GST On Gold To 7%, Say Experts

The gold and diamond trade together accounts for 7.5 per cent of the country's GDP and 14 percent of the country's total exports.

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Here's How To Activate Universal Account Number On EPFO Portal

If you have never checked your PF balance, follow these steps to activate your UAN via the Employees' Provident Fund Organisation (EPFO) website.

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Here's How To Change Registered Mobile Number In EPF Account

How to change regisetred number

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Government Must Reduce Import Duty, GST On Gold To 7%, Say Experts

The gold and diamond trade together accounts for 7.5 per cent of the country's GDP and 14 percent of the country's total exports.

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Here's How To Activate Universal Account Number On EPFO Portal

If you have never checked your PF balance, follow these steps to activate your UAN via the Employees' Provident Fund Organisation (EPFO) website.

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Here's How To Change Registered Mobile Number In EPF Account

How to change regisetred number

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Real Estate Witnessed Private Equity Investments of $4,068 Million In 2020

Out of the total private equity investment in the country, the real estate sector caught an 11 per cent share amounting to $4,068 million with 21 deals closed in the country

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Madhya Pradesh Becomes First State To Get Additional Funds For Capital Projects

The Finance Ministry has allocated an additional Rs 660 crore to Madhya Pradesh for capital expenditure for undertaking three out of four citizen-centric reforms

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Real Estate Witnessed Private Equity Investments of $4,068 Million In 2020

Out of the total private equity investment in the country, the real estate sector caught an 11 per cent share amounting to $4,068 million with 21 deals closed in the country

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Madhya Pradesh Becomes First State To Get Additional Funds For Capital Projects

The Finance Ministry has allocated an additional Rs 660 crore to Madhya Pradesh for capital expenditure for undertaking three out of four citizen-centric reforms

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Real Estate Seeks Tax Rebate On Housing, GST Waiver, Infrastructure Status

Budget 2021: The government had offered Rs 25,000 crore stress asset fund for the uncompleted housing projects, increasing the differential from 10 per cent to 20 per cent under Section 43(CA) of the...

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Real Estate Seeks Tax Rebate On Housing, GST Waiver, Infrastructure Status

Budget 2021: The government had offered Rs 25,000 crore stress asset fund for the uncompleted housing projects, increasing the differential from 10 per cent to 20 per cent under Section 43(CA) of the...

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Petrol, Diesel Prices Remain Unchanged On Sunday

Petrol, Diesel Rates Today: In the national capital, the price of petrol is at an all-time high - Rs 85.70 per litre, while diesel touched a record high in Mumbai, at Rs82.66per litre

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Petrol, Diesel Prices Remain Unchanged On Sunday

Petrol, Diesel Rates Today: In the national capital, the price of petrol is at an all-time high - Rs 85.70 per litre, while diesel touched a record high in Mumbai, at Rs82.66per litre

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Saturday, January 23, 2021

8.5% Provident Fund Interest Being Credited: Here's How To Check PF Balance

Provident Fund (PF) Balance: The provident fund balance can be checked through the official EPFO's website, SMS and missed call facilities, or through the Umang mobile app

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8.5% Provident Fund Interest Being Credited: Here's How To Check PF Balance

Provident Fund (PF) Balance: The provident fund balance can be checked through the official EPFO's website, SMS and missed call facilities, or through the Umang mobile app

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More Investment In R&D, Health Insurance Must Be Slotted In 5% GST Tax Slab

Budget 2021:

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Budget 2021: What Is Halwa Ceremony And What Does It Signify

Budget 2021:

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More Investment In R&D, Health Insurance Must Be Slotted In 5% GST Tax Slab

Budget 2021:

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Budget 2021: What Is Halwa Ceremony And What Does It Signify

Budget 2021:

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European Train Control System To Be Adapted For First Time In India

ETCS signalling system will not only facilitate interoperability but will also ensure train movement at quick frequencies, thus reducing the waiting time for passengers.

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European Train Control System To Be Adapted For First Time In India

ETCS signalling system will not only facilitate interoperability but will also ensure train movement at quick frequencies, thus reducing the waiting time for passengers.

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Finance Minister Launches Union Budget Mobile App: All You Need To Know

Budget 2021: The Budget documents will be available on the Union Budget mobile app after the completion of the Budget Speech by the Finance Minister on February 1, 2021

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Ahead of Budget Presentation, Halwa Ceremony Held At Finance Ministry

Budget 2021: While the traditional ceremony marks the commencement of the printing process of the government's Budget document, this year's budget will be delivered in paperless form

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Finance Minister Launches Union Budget Mobile App: All You Need To Know

Budget 2021: The Budget documents will be available on the Union Budget mobile app after the completion of the Budget Speech by the Finance Minister on February 1, 2021

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Ahead of Budget Presentation, Halwa Ceremony Held At Finance Ministry

Budget 2021: While the traditional ceremony marks the commencement of the printing process of the government's Budget document, this year's budget will be delivered in paperless form

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Ultra Tech Cement Q3 Results: Net Profit More Than Doubles To Rs 1584 Crore

Ultra Tech Cement Q3 FY21 Results: Aditya Birla group's Ultra Tech Cement on Saturday, January 23, reported over two-fold jump in consolidated net profit to Rs 1,584.58 crore in the third quarter of...

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Ultra Tech Cement Q3 Results: Net Profit More Than Doubles To Rs 1584 Crore

Ultra Tech Cement Q3 Results: The leading cement producer's net profit more than doubled to Rs 1,584.58 crore, while revenue from operations rose 17.38 per cent to Rs 12,254.12 crore

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Petrol, Diesel Rates Hit All-Time High In Delhi, Hiked For Fourth Time This Week

Petrol, Diesel Rates Today: In the national capital, the price of petrol was increased by 25 paise from Rs 85.45 per litre to Rs 85.70, while diesel touched a record high in Mumbai

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Petrol, Diesel Rates Hit All-Time High In Delhi, Hiked For Fourth Time This Week

Petrol, Diesel Rates Today: In the national capital, the price of petrol was increased by 25 paise from Rs 85.45 per litre to Rs 85.70, while diesel touched a record high in Mumbai

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Friday, January 22, 2021

Sensex Drops Over 700 Points, Nifty Below 14,400; Metal Shares Worst Hit

Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Metal index's 4 per cent drop

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Indices Keep Falling, Sensex Slips 300 Points, Nifty Auto Index Only Gainer

Losses were capped on the back of buying in auto shares a day after Bajaj Auto's quarterly profit results

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JK Tyre Industries Shares Surge 15% On Strong December Quarter Earnings

JK Tyre Industries' revenue from operations climbed 22 per cent to Rs 2,769 crore versus Rs 2,275 crore in the same quarter last year

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Indices Keep Falling, Sensex Slips 300 Points, Nifty Auto Index Only Gainer

Losses were capped on the back of buying in auto shares a day after Bajaj Auto's quarterly profit results

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JK Tyre Industries Shares Surge 15% On Strong December Quarter Earnings

JK Tyre Industries' revenue from operations climbed 22 per cent to Rs 2,769 crore versus Rs 2,275 crore in the same quarter last year

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Thursday, January 21, 2021

Home First Finance Company IPO Fully Subscribed On Day 2

Home First Finance's Rs 1,153.71-crore IPO comprises a fresh issue of Rs 265 crore and an offer for sale of Rs 888.72 crore by promoters and existing shareholders.

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Rupee Slides 4 Paise Lower To 73.03 Against USD In Early Trade

Rupee Vs Dollar: The dollar index, which gauges the greenback's strength against a basket of six currencies, slipped 0.03 per cent to 90.10

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Stove Kraft IPO To Open On January 25: All You Need To Know

Stove Kraft IPO: Stove Kraft initial public offer consists of fresh issue of shares worth Rs 95 crore and an offer-for-sale (OFS)of 82.50 lakh shares by investors and promoters.

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Home First Finance Company IPO Fully Subscribed On Day 2

Home First Finance's Rs 1,153.71-crore IPO comprises a fresh issue of Rs 265 crore and an offer for sale of Rs 888.72 crore by promoters and existing shareholders.

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Rupee Slides 4 Paise Lower To 73.03 Against USD In Early Trade

Rupee Vs Dollar: The dollar index, which gauges the greenback's strength against a basket of six currencies, slipped 0.03 per cent to 90.10

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Stove Kraft IPO To Open On January 25: All You Need To Know

Stove Kraft IPO: Stove Kraft initial public offer consists of fresh issue of shares worth Rs 95 crore and an offer-for-sale (OFS)of 82.50 lakh shares by investors and promoters.

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Biocon Shares Fall After Profit Declines In December Quarter

On a standalone basis, Biocon's profit plunged 72 per cent annually to Rs 33 crore from Rs 121 crore during the same period last year.

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Petrol Price Hit All-Time High Of Rs 85.45 Per Litre In Delhi

Petrol, Diesel Prices Today: In the national capital, the price of petrol was increased by 25 paise from Rs 85.20 per litre to Rs 85.45and diesel was hiked by an equal amount from ₹75.38 per litre...

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Biocon Shares Fall After Profit Declines In December Quarter

On a standalone basis, Biocon's profit plunged 72 per cent annually to Rs 33 crore from Rs 121 crore during the same period last year.

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Petrol Price Hit All-Time High Of Rs 85.45 Per Litre In Delhi

Petrol, Diesel Prices Today: In the national capital, the price of petrol was increased by 25 paise from Rs 85.20 per litre to Rs 85.45and diesel was hiked by an equal amount from ₹75.38 per litre...

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Opinion: Templeton's India Closures Shine Unkind Light On Regulator SEBI

For years now, faith in the integrity of India's markets has hemorrhaged, with everyone from rating firms to auditors, fund managers and trustees putting their own commercial interests above - and...

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Opinion: Templeton's India Closures Shine Unkind Light On Regulator SEBI

For years now, faith in the integrity of India's markets has hemorrhaged, with everyone from rating firms to auditors, fund managers and trustees putting their own commercial interests above - and...

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Sensex, Nifty Edge Lower; Banking, IT Shares Fall, Auto Stocks Gain

Losses were capped on the back of buying in auto shares a day after Bajaj Auto reported highest ever quarterly profit.

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Stocks To Watch: Reliance Industries, Vedanta, HDFC Life, South Indian Bank

In yesterday's session, Sensex crossed over 50,000-mark for the first time however it closed below that level owing to profit booking at record highs.

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Sensex, Nifty Edge Lower; Banking, IT Shares Fall, Auto Stocks Gain

Losses were capped on the back of buying in auto shares a day after Bajaj Auto reported highest ever quarterly profit.

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Stocks To Watch: Reliance Industries, Vedanta, HDFC Life, South Indian Bank

In yesterday's session, Sensex crossed over 50,000-mark for the first time however it closed below that level owing to profit booking at record highs.

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SGX Nifty Indicates Weak Opening For Markets; Reliance Industries In Focus

Foreign institutional investors remained net buyers of Indian equities. They bought shares worth Rs 1,615 crore on Thursday

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SGX Nifty Indicates Weak Opening For Markets; Reliance Industries In Focus

Foreign institutional investors remained net buyers of Indian equities. They bought shares worth Rs 1,615 crore on Thursday

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1990: Sensex Crosses 1,000 Points. Now It's Over 50,000. See The Journey

The Sensex's journey to record high has not been a one-way street - the BSE benchmark has seen scams by Harshad Mehta, Ketan Parekh and Satyam scam and at the same time, been a witness to India's...

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Wednesday, January 20, 2021

Rupee Gains 7 Paise To Trade Near Five-Month High of 72.98 vs Dollar

Rupee vs Dollar: The domestic currency is likely to strengthen 1.3 per cent and average 73.5 against the US dollar in the financial year 2022-23

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Rupee Gains 7 Paise To Trade Near Five-Month High of 72.98 vs Dollar

Rupee vs Dollar: The domestic currency is likely to strengthen 1.3 per cent and average 73.5 against the US dollar in the financial year 2022-23

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Future Group Stocks Rise As Exchanges Clear Deal With Reliance

The deal had soured ties with Future's business partner Amazon.com Inc, which alleged the transaction breached agreements with Future made in 2019

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Havells Surges Over 10%, Hits Record High After Profit Rises 75% In Q3

Havells revenue from operations rose 39 per cent to Rs 3,165.85 crore from Rs 2,269.87 crore.

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Future Group Stocks Rise As Exchanges Clear Deal With Reliance

The deal had soured ties with Future's business partner Amazon.com Inc, which alleged the transaction breached agreements with Future made in 2019

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Havells Surges Over 10%, Hits Record High After Profit Rises 75% In Q3

Havells revenue from operations rose 39 per cent to Rs 3,165.85 crore from Rs 2,269.87 crore.

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Home First Finance IPO Opens Today

Home First Finance's initial public offering is the third IPO in 2021 after the public offers by Indian Railway Finance Corporation (IRFC) and Indigo Paints

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Home First Finance IPO Opens Today

Home First Finance's initial public offering is the third IPO in 2021 after the public offers by Indian Railway Finance Corporation (IRFC) and Indigo Paints

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Rupee Turnaround Faces Headwinds As RBI Mops Up Dollars

Analysts had forecast for the rupee to rise for the first time in four years on hopes the RBI may slow its foreign-currency accumulation after the stockpile rose to a record.

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Reliance Industries Rises Nearly 2% On Nod For Reliance-Future Group Deal

SEBI on late Wednesday night granted approval to Reliance Industries' Rs 24,713-crore deal to buy Future Group's retail assets, in a blow to Amazon's efforts to block the agreement

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RBI's Desire To Hoard Dollars Tests Playbook For Strong Rupee

Analysts had forecast for the rupee to rise for the first time in four years on hopes the RBI may slow its foreign-currency accumulation after the stockpile rose to a record.

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Reliance Industries Rises Nearly 2% On Nod For Reliance-Future Group Deal

SEBI on late Wednesday night granted approval to Reliance Industries' Rs 24,713-crore deal to buy Future Group's retail assets, in a blow to Amazon's efforts to block the agreement

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SEBI Approves Reliance- Future Group's Rs 24,000 Crore Retail Deal

In August 2020, Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries, had announced that it was acquiring the retail and wholesale business, logistics and warehousing business...

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Sensex Hits 50,000 For First Time, Nifty Above 14,700, Led By Reliance

Reliance Industries rose after the market regulator SEBI approved Reliance Industries' Rs 24,713-crore deal to buy Future Group's retail assets

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SEBI Approves Reliance- Future Group's Rs 24,000 Crore Retail Deal

In August 2020, Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries, had announced that it was acquiring the retail and wholesale business, logistics and warehousing business...

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Sensex Hits 50,000 For First Time, Nifty Above 14,700 Led By Reliance

Reliance Industries rose after the market regulator SEBI approved Reliance Industries' Rs 24,713-crore deal to buy Future Group's retail assets

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Markets Set Top Open Higher; Reliance Industries, Future Retail In Focus

The Singapore Nifty futures also known as the SGX Nifty rose 0.4 per cent or 58 points to 14,702.

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Markets Set Top Open Higher; Reliance Industries, Future Retail In Focus

The Singapore Nifty futures also known as the SGX Nifty rose 0.4 per cent or 58 points to 14,702.

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Petrol, Diesel Prices Remain Steady Across Metros On Thursday

In Delhi, the price of petrol was unchanged at Rs 85.20 per litre and diesel was steady at Rs 75.38 per litre, according to Indian Oil Corporation

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Stocks To Watch: Reliance Industries, Bajaj Finance, UltraTech Cement

SEBI on Wednesday night granted approval to Reliance Industries' Rs 24,713-crore deal to buy Future Group's retail assets, in a blow to Amazon's efforts to block the agreement

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Petrol, Diesel Prices Remain Steady Across Metros On Thursday

In Delhi, the price of petrol was unchanged at Rs 85.20 per litre and diesel was steady at Rs 75.38 per litre, according to Indian Oil Corporation

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Stocks To Watch In Trade: Bajaj Finance, UltraTech Cement, Havells India

Bajaj Finance's Q3FY21 consolidated net profit declined to Rs 1,146 crore from Rs 1,614 crore and revenues declined to Rs 4,296 crore from Rs 4,535 crore, on a year-on-year basis.

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Tuesday, January 19, 2021

A Surge in Bad Debt Is Set to Worsen India's Shadow Bank Crisis

Non-performing assets already swelled in the most recent data to the highest in at least five years, at 6.3% as of March 2020

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Rupee Goes Up 7 Paise To 73.10 Against US Dollar In Early Trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.14 per cent to 90.37

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Jack Ma Appears For First Time In Three Months; Alibaba's Shares Soar 6%

Mr Ma had not appeared in public since October 24, where he blasted China's regulatory system in a speech at a Shanghai forum that set him on a collision course with officials

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Rupee Goes Up 7 Paise To 73.10 Against US Dollar In Early Trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.14 per cent to 90.37

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Jack Ma Appears For First Time In Three Months; Alibaba's Shares Soar 6%

Mr Ma had not appeared in public since October 24, where he blasted China's regulatory system in a speech at a Shanghai forum that set him on a collision course with officials

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Here's All To Know About The Union Budget To Be Presented On February 1

Budget 2021-22 will be the first Budget of NDA government in the midst of the ongoing Covid19 pandemic and first paperless Budget in the history of independent India

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Here's All To Know About The Union Budget To Be Presented On February 1

Budget 2021-22 will be the first Budget of NDA government in the midst of the ongoing Covid19 pandemic and first paperless Budget in the history of independent India

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L&T Infotech Gains After Profit Rises 37% In December Quarter

L&T Infotech's revenue in dollar terms rose 5.8 per cent sequentially to $427.8 million, the company said in a press release.

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L&T Infotech Gains After Profit Rises 37% In December Quarter

L&T Infotech's revenue in dollar terms rose 5.8 per cent sequentially to $427.8 million, the company said in a press release.

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Sensex Up Over 150 Points, Nifty Above 14,550; Metal, IT Shares Outperform

Buying was visible across sectors as sixteen of 19 sector gauges compiled by the BSE were trading higher

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Home First Finance IPO To Open For Bidding On January 21

The Rs 1,153.71-crore IPO comprises of a fresh issue of Rs 265 crore and an offer for sale of Rs 888.72 crore by promoters and existing shareholders, including True North Fund V LLP, Aether...

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Budget 2021 Must Fix Broken Labour Market To Boost Demand: Analysts

Finance Minister Nirmala Sitharaman has described her upcoming budget as unlike anything seen in the last 100 years.

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Indigo Paints IPO Opens Today

Indigo Paints IPO consists of a fresh issue of stocks aggregating to Rs 300 crore and an offer-for-sale of up to 58,40,000 equity shares by private equity firm Sequoia Capital and Hemant Jalan

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Sensex Up Over 150 Points, Nifty Above 14,550; Metal, IT Shares Outperform

Buying was visible across sectors as sixteen of 19 sector gauges compiled by the BSE were trading higher

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Home First Finance IPO To Open For Bidding On January 21

The Rs 1,153.71-crore IPO comprises of a fresh issue of Rs 265 crore and an offer for sale of Rs 888.72 crore by promoters and existing shareholders, including True North Fund V LLP, Aether...

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Budget 2021 Must Fix Broken Labour Market To Boost Demand: Analysts

Finance Minister Nirmala Sitharaman has described her upcoming budget as unlike anything seen in the last 100 years.

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Indigo Paints IPO Opens Today

Indigo Paints IPO consists of a fresh issue of stocks aggregating to Rs 300 crore and an offer-for-sale of up to 58,40,000 equity shares by private equity firm Sequoia Capital and Hemant Jalan

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Markets Set To Open Lower; Bajaj Finance, Finserv In Focus

Global equity benchmarks jumped and safe-haven currencies such as the U.S. dollar dipped on Tuesday

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Stocks To Watch In Trade: L&T Infotech, Bajaj Finance, Ceat

Larsen & Toubro Infotech reported a 37.85 per cent jump in net profit to Rs 519.3 crore for the December quarter, mainly driven by a surge in revenue and margin expansion

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Markets Set To Open Lower; Bajaj Finance, Finserv In Focus

Global equity benchmarks jumped and safe-haven currencies such as the U.S. dollar dipped on Tuesday

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Stocks To Watch In Trade: L&T Infotech, Bajaj Finance, Ceat

Larsen & Toubro Infotech reported a 37.85 per cent jump in net profit to Rs 519.3 crore for the December quarter, mainly driven by a surge in revenue and margin expansion

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Petrol Prices Unchanged Across Metros On Wednesday

In the national capital, the price of petrol was unchanged at Rs 85.20 per litre and diesel was steady at Rs 75.38 per litre, according to Indian Oil Corporation

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Petrol Prices Unchanged Across Metros On Wednesday

In the national capital, the price of petrol was unchanged at Rs 85.20 per litre and diesel was steady at Rs 75.38 per litre, according to Indian Oil Corporation

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Monday, January 18, 2021

Coding Whiz Kid Behind PUBG Plans IPO That Could Be South Korea's Biggest

Bluehole Inc., as Krafton was known as, released PlayerUnknowns Battlegrounds, or PUBG, in 2017

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Budget Should Focus On Demand Revival For Real Estate: Motilal Oswal

Motilal Oswal Real Estate has recommended that in order to focus on revival of demand for the real estate sector government should increase eligibility limits on home values for affordable housing...

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Coding Whiz Kid Behind PUBG Plans IPO That Could Be South Korea's Biggest

Bluehole Inc., as Krafton was known as, released PlayerUnknowns Battlegrounds, or PUBG, in 2017

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Indiabulls Real Estate Surges After Profit Jumps 64% In December Quarter

Indiabulls Real Estate's revenue from operations however fell 41 per cent to Rs 721.67 crore from Rs 1,232 crore during December quarter of last year.

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Indigo Paints IPO Opens Tomorrow: Key Things To Know

The IPO comprises fresh issuance of stocks aggregating to Rs 300 crore and an offer-for-sale of up to 58,40,000 equity shares by private equity firm Sequoia Capital and promoter Hemant Jalan

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Maruti Suzuki Rises Nearly 1% On Hike In Car Prices

Maruti Suzuki, the country's largest carmaker said on Monday that it has increased the prices of select models by up to Rs 34,000 due to rising input costs.

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Indiabulls Real Estate Surges After Profit Jumps 64% In December Quarter

Indiabulls Real Estate's revenue from operations however fell 41 per cent to Rs 721.67 crore from Rs 1,232 crore during December quarter of last year.

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Indigo Paints IPO Opens Tomorrow: Key Things To Know

The IPO comprises fresh issuance of stocks aggregating to Rs 300 crore and an offer-for-sale of up to 58,40,000 equity shares by private equity firm Sequoia Capital and promoter Hemant Jalan

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Maruti Suzuki Rises Nearly 1% On Hike In Car Prices

Maruti Suzuki, the country's largest carmaker said on Monday that it has increased the prices of select models by up to Rs 34,000 due to rising input costs.

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Mindtree Gains Nearly 4% On Jump In Q3 Net Profit

The information technology company posted a 65.7 per cent year-on-year rise in net profit to Rs 326.5 crore for the third quarter ended December on the back of improvement in operational efficiencies

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Sensex Surges Over 400 Points, Nifty Reclaims 14,400 Led By Reliance

Reliance Industries, HDFC, Infosys, ICICI Bank, Tata Consultancy Services and Bajaj Finance were top movers in the Sensex

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Gautam Adani Sells Stakes To Overseas Partner In Mukesh Ambani-Style Deal

Paris-based Total will acquire 20% of Adani Green Energy Ltd. and a board seat as well as a 50% stake in a portfolio of operating solar assets with 2.35 gigawatts capacity

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Fuel Prices Rise Due To Low Production: Dharmendra Pradhan

Dharmendra Pradhan, Minister for Petroleum and Natural Gas, said on Monday that fuel prices have gone up because of lower production in oil-producing countries on account of coronavirus pandemic

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Mindtree Gains Nearly 4% On Jump In Q3 Net Profit

The information technology company posted a 65.7 per cent year-on-year rise in net profit to Rs 326.5 crore for the third quarter ended December on the back of improvement in operational efficiencies

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Sensex Surges Over 400 Points, Nifty Reclaims 14,400 Led By Reliance

Reliance Industries, HDFC, Infosys, ICICI Bank, Tata Consultancy Services and Bajaj Finance were top movers in the Sensex

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Gautam Adani Sells Stakes To Overseas Partner In Mukesh Ambani-Style Deal

Paris-based Total will acquire 20% of Adani Green Energy Ltd. and a board seat as well as a 50% stake in a portfolio of operating solar assets with 2.35 gigawatts capacity

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Fuel Prices Rise Due To Low Production: Dharmendra Pradhan

Dharmendra Pradhan, Minister for Petroleum and Natural Gas, said on Monday that fuel prices have gone up because of lower production in oil-producing countries on account of coronavirus pandemic

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Nifty Set To Stage A Gap Up Opening; Apollo Hospitals, Maruti Suzuki In Focus

Singapore Nifty futures also knows as the SGX Nifty rose 108 points or 0.76 per cent to 14,384

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Stocks To Watch: Mindtree, Maruti Suzuki, GAIL

Mindtree, the information technology conmpany owned by Larsen & Toubro (L&T), posted a 65.7 per cent year-on-year rise in net profit to Rs 326.5 crore for the third quarter ended December 2020

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Petrol Prices Cross Rs 85 Mark In Delhi, Diesel Above Rs 75

In Delhi, the price of petrol was increased by 25 paise to Rs 85.20 per litre and diesel was hiked by an equal amount to Rs 75.38 per litre, according to Indian Oil Corporation

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Nifty Set To Stage A Gap Up Opening; Apollo Hospitals, Maruti Suzuki In Focus

Singapore Nifty futures also knows as the SGX Nifty rose 108 points or 0.76 per cent to 14,384

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Stocks To Watch: Mindtree, Maruti Suzuki, GAIL

Mindtree, the information technology conmpany owned by Larsen & Toubro (L&T), posted a 65.7 per cent year-on-year rise in net profit to Rs 326.5 crore for the third quarter ended December 2020

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Petrol Prices Cross Rs 85 Mark In Delhi, Diesel Above Rs 75

In Delhi, the price of petrol was increased by 25 paise to Rs 85.20 per litre and diesel was hiked by an equal amount to Rs 75.38 per litre, according to Indian Oil Corporation

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French Oil and Energy Group Total Buys 20% Stake in Adani Green Energy

AGEL is targeting having 25 GW of renewable power generation by 2025, and Total said AGEL would form a key part of Total's overall plans for 35 GW of gross production capacity from renewable sources...

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Rupee Dips 15 Paise to 73.22 Against US Dollar In Early Trade

At the interbank forex market, the domestic currency opened at 73.21 against the US dollar, then fell further to 73.22

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Billionaire Ajay Piramal's Conglomerate Wins Bid For Shadow Lender DHFC

A resolution plan for Dewan from Piramal Enterprises' own shadow bank, Piramal Capital & Housing Finance was approved by Dewan's committee of creditors in a vote on Friday

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Sunday, January 17, 2021

Rupee Dips 15 Paise to 73.22 Against US Dollar In Early Trade

At the interbank forex market, the domestic currency opened at 73.21 against the US dollar, then fell further to 73.22

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Billionaire Ajay Piramal's Conglomerate Wins Bid For Shadow Lender DHFC

A resolution plan for Dewan from Piramal Enterprises' own shadow bank, Piramal Capital & Housing Finance was approved by Dewan's committee of creditors in a vote on Friday

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Dewan Housing Finance Surges 5% As Piramal Group Wins Acquisition Bid

Once one of the country's top non-banking finance company, DHFL, accumulated total debts of almost Rs 1 lakh crore before defaulting on payments to its creditors

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Dewan Housing Finance Surges 5% As Piramal Group Wins Acquisition Bid

Once one of the country's top non-banking finance company, DHFL, accumulated total debts of almost Rs 1 lakh crore before defaulting on payments to its creditors

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HDFC Bank Rises Over 2% Due To Jump In Q3 Net Profit

HDFC Bank, the country's largest private sector lender, reported a 14.36 per cent jump in consolidated net profit to Rs 8,760 crore for the December quarter

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Billionaire-Backed Cricket Game Startup Kicks off India's Tech IPO Rush

The Mumbai-headquartered startup filed initial public offering documents with market regulator on Friday.

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China's Economy Grew 2.3% In 2020, Rebounding To Pre-Pandemic Territory

Gross domestic product climbed 6.5 per cent in the final quarter from a year earlier, fueled by stronger-than-expected industrial output, the statistics bureau said Monday

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HDFC Bank Rises Over 2% Due To Jump In Q3 Net Profit

HDFC Bank, the country's largest private sector lender, reported a 14.36 per cent jump in consolidated net profit to Rs 8,760 crore for the December quarter

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Billionaire-Backed Cricket Game Startup Kicks off India's Tech IPO Rush

The Mumbai-headquartered startup filed initial public offering documents with market regulator on Friday.

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China's Economy Grew 2.3% In 2020, Rebounding To Pre-Pandemic Territory

Gross domestic product climbed 6.5 per cent in the final quarter from a year earlier, fueled by stronger-than-expected industrial output, the statistics bureau said Monday

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Indian Railway Finance Corporation IPO Opens Today

The IPO consists of sale of up to 178.20 crore shares, including a fresh issue of up to 118.80 crore and offer-for-sale of up to 59.40 crore shares by the government

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Sensex, Nifty Edge Lower; Metal, Auto, IT Shares Face Selling Pressure

Buying in index heavyweight HDFC Bank, after it reported better than expected December quarter earnings, limited the downside for the benchmarks

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Sensex, Nifty Set To Open Lower; HDFC Bank In Focus

Most of the Asian markets were also trading lower with Japan's Nikkei down 0.8%, Taiwan Weighted fell 0.5% and South Korea's KOSPI was down nearly 1%

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Stocks To Watch In Trade: HDFC Bank, Dr Reddy's Lab, Wipro

HDFC Bank, on Saturday, reported a 18.1 rise in net profit to Rs 8,758.3 crore in the October-December quarter; total income increased to Rs 37,522 crore compared to Rs 36,039 crore in the year-ago...

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Indian Railway Finance Corporation IPO Opens Today

The IPO consists of sale of up to 178.20 crore shares, including a fresh issue of up to 118.80 crore and offer-for-sale of up to 59.40 crore shares by the government

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Sensex, Nifty Edge Lower; Metal, Auto, IT Shares Face Selling Pressure

Buying in index heavyweight HDFC Bank, after it reported better than expected December quarter earnings, limited the downside for the benchmarks

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Sensex, Nifty Set To Open Lower; HDFC Bank In Focus

Most of the Asian markets were also trading lower with Japan's Nikkei down 0.8%, Taiwan Weighted fell 0.5% and South Korea's KOSPI was down nearly 1%

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Stocks To Watch In Trade: HDFC Bank, Dr Reddy's Lab, Wipro

HDFC Bank, on Saturday, reported a 18.1 rise in net profit to Rs 8,758.3 crore in the October-December quarter; total income increased to Rs 37,522 crore compared to Rs 36,039 crore in the year-ago...

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Petrol Prices Touch New High Of Rs 84.95 Per Litre In Delhi

In Delhi, the price of petrol was increased by 25 paise from Rs 84.70 per litre to Rs 84.95 per litre and diesel was hiked from Rs 74.88 per litre to Rs 75.13 per litre, according to Indian Oil...

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Petrol Prices Touch New High Of Rs 84.95 Per Litre In Delhi

In Delhi, the price of petrol was increased by 25 paise from Rs 84.70 per litre to Rs 84.95 per litre and diesel was hiked from Rs 74.88 per litre to Rs 75.13 per litre, according to Indian Oil...

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Indigo Paints IPO To Open On January 20

Indigo Paints' IPO comprises fresh issuance of stocks worth Rs 300 crore and an offer-for-sale of up to 58,40,000 equity shares by private equity firm Sequoia Capital and promoter Hemant Jalan

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Indigo Paints IPO To Open On January 20

Indigo Paints' IPO comprises fresh issuance of stocks worth Rs 300 crore and an offer-for-sale of up to 58,40,000 equity shares by private equity firm Sequoia Capital and promoter Hemant Jalan

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Indian Railway Finance Corporation IPO Opens Tomorrow: Key Things To Know

Indian Railway Finance Corporation's initial public offering will comprise a fresh issue of 1,18,80,46,000 equity shares and an offer for sale of 59,40,23,000 equity shares by the government

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Indian Railway Finance Corporation IPO Opens Tomorrow: Key Things To Know

Indian Railway Finance Corporation's initial public offering will comprise a fresh issue of 1,18,80,46,000 equity shares and an offer for sale of 59,40,23,000 equity shares by the government

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Budget 2021: Rationalise GST On Food Delivery To 5%, Says Industry Body

Customers taking food delivery at their home or office are paying 13 per cent higher price compared to customers who walk down to restaurants as dine-in tax rate is 5 per cent

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Budget 2021: Rationalise GST On Food Delivery To 5%, Says Industry Body

Customers taking food delivery at their home or office are paying 13 per cent higher price compared to customers who walk down to restaurants as dine-in tax rate is 5 per cent

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Saturday, January 16, 2021

After Dizzying Gyrations, What's Bitcoin Actually Worth?

When it started life in 2009 as open-source software, bitcoin was essentially worth zero -- though within a year it had reached the heady heights of eight cents

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After Dizzying Gyrations, What's Bitcoin Actually Worth?

When it started life in 2009 as open-source software, bitcoin was essentially worth zero -- though within a year it had reached the heady heights of eight cents

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Petrol, Diesel Prices Remain Unchanged On Sunday

In the national capital,the price of petrol was at Rs 84.70 per litre and diesel was steady at Rs 74.88 per litre, according to Indian Oil Corporation

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Petrol, Diesel Prices Remain Unchanged On Sunday

In the national capital,the price of petrol was at Rs 84.70 per litre and diesel was steady at Rs 74.88 per litre, according to Indian Oil Corporation

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Adani, Oberoi, Eight Others Qualify To Bid For CSMT Station Redevelopment

Indian Railway Stations Development Corporation Ltd. (IRSDC) invited Request for Qualification (RFQ) for redevelopment of Chhatrapati Shivaji Maharaj Terminus Railway Station(CSMT), Mumbai on PPPon...

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Adani, Oberoi, Eight Others Qualify To Bid For CSMT Station Redevelopment

Indian Railway Stations Development Corporation Ltd. (IRSDC) invited Request for Qualification (RFQ) for redevelopment of Chhatrapati Shivaji Maharaj Terminus Railway Station(CSMT), Mumbai on PPPon...

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All You Need To Know About New Delhi Railway Station Redevelopment Project

According to Rail Land Development Authority, the New Delhi station redevelopment project is expected to incur a capital expenditure of around $ 680 million.

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A Recap Of Key Railway Announcements Since Merger With Union Budget

Railway Budget 2021: Indian Railways authorities are seeking an investment of Rs 30,000 crore for operating private trains across the national rail network

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All You Need To Know About New Delhi Railway Station Redevelopment Project

According to Rail Land Development Authority, the New Delhi station redevelopment project is expected to incur a capital expenditure of around $ 680 million.

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A Recap Of Key Railway Announcements Since Merger With Union Budget

Railway Budget 2021: Indian Railways authorities are seeking an investment of Rs 30,000 crore for operating private trains across the national rail network

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Exports Grew 0.14% In December, Trade Deficit Widened To $15.44 Billion

Exports entered the positive zone in December 2020 after a gap of two months, with the trade deficit widening to $15.44 billion and imports surging to 7.56 per cent driven by inbound shipments of gold

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Exports Grew 0.14% In December, Trade Deficit Widened To $15.44 Billion

Exports entered the positive zone in December 2020 after a gap of two months, with the trade deficit widening to $15.44 billion and imports surging to 7.56 per cent driven by inbound shipments of gold

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HDFC Bank Q3 Results: Net Profit Jumps 18% To Rs 8,758.3 Crore

HDFC Bank Q3 Results: The country's largest private lender, reported a net profit of Rs 8758.3 crore on January 16, marking an 18.1 rise in the October-December quarter

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HDFC Bank Q3 Results: Net Profit Jumps 18% To Rs 8,758.3 Crore

HDFC Bank Q3 Results: The country's largest private lender, reported a net profit of Rs 8758.3 crore on January 16, marking an 18.1 rise in the October-December quarter

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RBI Likely To Propose Tougher Regulatory Norms For Shadow Banks: Report

Reserve Bank of India is expected to set out its proposals in a discussion paper next week and recommend that bigger non-banking finance companies, or shadow banks, maintain a statutory liquidity...

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Petrol, Diesel Rates Remain Unchanged On Saturday

Petrol, Diesel Price Today: In the national capital, the price of petrol was steady at Rs 84.70 per litre and diesel was at Rs 74.88 per litre, according to Indian Oil Corporation

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RBI Likely To Propose Tougher Regulatory Norms For Shadow Banks: Report

Reserve Bank of India is expected to set out its proposals in a discussion paper next week and recommend that bigger non-banking finance companies, or shadow banks, maintain a statutory liquidity...

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Petrol, Diesel Rates Remain Unchanged On Saturday

Petrol, Diesel Price Today: In the national capital, the price of petrol was steady at Rs 84.70 per litre and diesel was at Rs 74.88 per litre, according to Indian Oil Corporation

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China's Tencent Acquires Audiobook Platform Lazy Audio For $417 Million

The acquisition comes at a time when the music streaming site is looking to bolster its content library in order to put it behind a paywall and add more paid users

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Dating App Bumble Makes IPO Filing Public, Reveals Steady Revenue Growth

Bumble Inc's plans to go public come at a time when companies are seeking to capitalize on what has been the strongest IPO market in two decades.

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Dating App Bumble Makes IPO Filing Public, Reveals Steady Revenue Growth

Bumble Inc's plans to go public come at a time when companies are seeking to capitalize on what has been the strongest IPO market in two decades.

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China's Tencent Acquires Audiobook Platform Lazy Audio For $417 Million

The acquisition comes at a time when the music streaming site is looking to bolster its content library in order to put it behind a paywall and add more paid users

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Dating App Bumble Makes IPO Filing Public, Reveals Steady Revenue Growth

Bumble Inc's plans to go public come at a time when companies are seeking to capitalize on what has been the strongest IPO market in two decades.

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Friday, January 15, 2021

Budget 2021: Cap On Emoluments Must Be Raised To Rs 50,000 Under 80JJAA

Budget 2021: Section 80JJAA, provides for deduction of 30 per cent on emoluments paid to new employees, which can be claimed for three years. This is available upto an emolument of Rs25,000 per month.

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Rupee Slips To 73.07 Against Dollar Snapping Winning Streak

Rupee Vs Dollar Today: At the interbank foreign exchange market, the domestic unit opened at 73.07 and witnessed an intra-day high of 72.99

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Rupee Slips To 73.07 Against Dollar Snapping Winning Streak

Rupee Vs Dollar Today: At the interbank foreign exchange market, the domestic unit opened at 73.07 and witnessed an intra-day high of 72.99

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Sensex Dives Over 500 Points, Nifty Gives Up 14,500; IT Stocks End Weak

Asian markets had a mixed day; the Kospi, Nikkei, SET and Jakarta lost up to 2 per cent each, while the Hang Seng, Straits Times and Shanghai indices traded in the green

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Google Shores Up Fitbit Deal Amid Antitrust Concerns

Fitbit's 29 million users privacy will continue to be protected as per Google's agreement with international regulators

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Sensex Dives Over 500 Points, Nifty Gives Up 14,500; IT Stocks End Weak

Asian markets had a mixed day; the Kospi, Nikkei, SET and Jakarta lost up to 2 per cent each, while the Hang Seng, Straits Times and Shanghai indices traded in the green

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Budget 2021: Interest Subvention Scheme For MSMEs Must Be Extended

Budget 2021: Indian Chamber of Commerce suggests that the interest subvention scheme for MSMEs must be extended with enhanced coverage of three-four per cent to the extent of Rs 300 lakh

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Google Shores Up Fitbit Deal Amid Antitrust Concerns

Fitbit's 29 million users privacy will continue to be protected as per Googles agreement with international regulators

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Budget 2021: Interest Subvention Scheme For MSMEs Must Be Extended

Budget 2021: Indian Chamber of Commerce suggests that the interest subvention scheme for MSMEs must be extended with enhanced coverage of three-four per cent to the extent of Rs 300 lakh

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Sensex Plummets Over 500 Points, IT Stocks Remain Under Pressure

Asian markets were trading mixed; the Kospi, Nikkei, SET and Jakarta lost up to 2 per cent each, while the Hang Seng, Straits Times and Shanghai indices were trading in the green

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Rupee Slips 3 Paise To 73.07 Against US Dollar In Early Trade

Rupee Vs Dollar: The rupee opened on a flat note against the US dollar in opening trade on Friday tracking the muted opening in domestic equities

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Sensex Plummets Over 500 Points, IT Stocks Remain Under Pressure

Asian markets were trading mixed; the Kospi, Nikkei, SET and Jakarta lost up to 2 per cent each, while the Hang Seng, Straits Times and Shanghai indices were trading in the green

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Rupee Slips 3 Paise To 73.07 Against US Dollar In Early Trade

Rupee Vs Dollar: The rupee opened on a flat note against the US dollar in opening trade on Friday tracking the muted opening in domestic equities

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Thursday, January 14, 2021

HCL Tech's Q3 Profit Grows Nearly 27% to Rs 3,982 Crore

HCL Tech Q3 Earnings: Following the easing of Covid-19 unlock, the IT major in October last year had issued guidance of 1.5-2.5 per cent revenue growth in constant currency for Q3 FY21 and Q4 FY21

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HCL Tech's Q3 Profit Grows Nearly 27% to Rs 3,982 Crore

HCL Tech Q3 Earnings: Following the easing of Covid-19 unlock, the IT major in October last year had issued guidance of 1.5-2.5 per cent revenue growth in constant currency for Q3 FY21 and Q4 FY21

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Sensex Sheds Over 200 Points; Information Technology Stocks Weak

Wall Street closed lower on Thursday as reports emerged about U.S. President-elect Joe Biden's pandemic aid proposal following earlier data that showed a weakening labor market

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Sensex Trading Flat Around 49,600, Nifty Hovers At 14,600

Wall Street closed lower on Thursday as reports emerged about U.S. President-elect Joe Biden's pandemic aid proposal following earlier data that showed a weakening labor market

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China Tech Giant Xiaomi Dives 11% After Being Blacklisted By USA

The move is the latest salvo by the White House against Beijing as Donald Trump's presidency comes to an end, and follows similar actions against other tech firms including Huawei and chip giant SMIC

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Petrol, Diesel Prices Remain Unchanged in Delhi

In the national capital,the price of petrol was steady at Rs 84.70 per litre and diesel was at Rs 74.88 per litre, according to Indian Oil Corporation

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Sensex, Nifty Likely To Open Lower

Wall Street closed lower on Thursday as reports emerged about U.S. President-elect Joe Biden's pandemic aid proposal following earlier data that showed a weakening labor market

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China Tech Giant Xiaomi Dives 11% After Being Blacklisted By USA

The move is the latest salvo by the White House against Beijing as Donald Trump's presidency comes to an end, and follows similar actions against other tech firms including Huawei and chip giant SMIC

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Petrol, Diesel Prices Remain Unchanged in Delhi

In the national capital,the price of petrol was steady at Rs 84.70 per litre and diesel was at Rs 74.88 per litre, according to Indian Oil Corporation

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Sensex, Nifty Likely To Open Lower

Wall Street closed lower on Thursday as reports emerged about U.S. President-elect Joe Biden's pandemic aid proposal following earlier data that showed a weakening labor market

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Sensex Ends 92 Points Higher; IndusInd Bank, TCS Top Gainers

Meanwhile, the wholesale price-based inflation slowed to 1.22 per cent in December due to lowering of food prices, according to government data released on Thursday

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December Wholesale Inflation Drops To 1.22%

Retail inflation also dropped sharply to 4.59 per cent in December on the back of declining food prices

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December Wholesale Inflation Drops To 1.22%

Retail inflation also dropped sharply to 4.59 per cent in December on the back of declining food prices

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Rupee Falls 3 Paise To 73.18 Against US Dollar In Early Trade

Rupee Vs Dollar Today: Foreign institutional investors were net buyers in the capital market as they purchased shares worth Rs 1,879.06 crore on a net basis on Wednesday

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Rupee Falls 3 Paise To 73.18 Against US Dollar In Early Trade

Rupee Vs Dollar Today: Foreign institutional investors were net buyers in the capital market as they purchased shares worth Rs 1,879.06 crore on a net basis on Wednesday

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Sensex Rebounds Around 400 Points From Day's Lows, Nifty Hovers At 14,550

The broader markets were also moving in tandem, with the BSE Midcap index gaining 0.2 per cent at 19,128.28 and BSE Midcap index adding 0.16 per cent at 18,881.46

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Wednesday, January 13, 2021

Sensex Rebounds Around 400 Points From Day's Lows, Nifty Hovers At 14,550

The broader markets were also moving in tandem, with the BSE Midcap index gaining 0.2 per cent at 19,128.28 and BSE Midcap index adding 0.16 per cent at 18,881.46

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Information Technology Stocks Witness Selling Post Infosys Q3 Numbers

Infosys reported a 16.6 per cent rise in the October-December quarter profit and raised its annual revenue growth forecast, in results announcement post market hours on Wednesday.

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Information Technology Stocks Witness Selling Post Infosys Q3 Numbers

Infosys reported a 16.6 per cent rise in the October-December quarter profit and raised its annual revenue growth forecast, in results announcement post market hours on Wednesday.

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India's Medium-Term Growth To Slow To About 6.5% After Rebound: Fitch

Fitch said India's coronavirus-induced recession has been among the most severe in the world, amid a stringent lockdown and limited direct fiscal support

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India's Medium-Term Growth To Slow To About 6.5% After Rebound: Fitch

Fitch said India's coronavirus-induced recession has been among the most severe in the world, amid a stringent lockdown and limited direct fiscal support

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Government To Sell 10% Stake In SAIL, Stock Falls 8%

The government has decided to sell up to 20.65 crore shares or 5 per cent of total equity of Steel Authority of India through an offer for sale (OFS), the company said in a regulatory filing

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Government To Sell 10% Stake In SAIL, Stock Falls 8%

The government has decided to sell up to 20.65 crore shares or 5 per cent of total equity of Steel Authority of India through an offer for sale (OFS), the company said in a regulatory filing

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Sensex Declines Around 100 Points, Infosys Falls 3% Post December Results

Infosys reported a 16.6 per cent rise in the October-December quarter profit and raised its annual revenue growth forecast, in results announcement post market hours on Wednesday

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Alibaba's $8-Billion Bond Deal Goes Quiet With Jack Ma Out of Sight

The potential sale of as much as $8 billion in offshore debt was planned for as early as this week; however, a marketing memorandum hasn't yet been received by prospective investors, according to...

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Sensex Declines Around 100 Points, Infosys Falls 3% Post December Results

Infosys reported a 16.6 per cent rise in the October-December quarter profit and raised its annual revenue growth forecast, in results announcement post market hours on Wednesday

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Alibaba's $8-Billion Bond Deal Goes Quiet With Jack Ma Out of Sight

The potential sale of as much as $8 billion in offshore debt was planned for as early as this week; however, a marketing memorandum hasn't yet been received by prospective investors, according to...

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Stocks To Watch: Infosys, Wipro, SAIL

Infosys reported better-than-expected earnings performance in the third quarter, with profit increasing 16.6 per cent to Rs 5,197 crore and revenues rising 12 per cent to Rs 25,927 crore.

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Petrol Prices Touch New High Of Rs 84.70 in Delhi, Diesel At Rs 74.88

In the national capital,the price of petrol were increased by 25 paise to Rs 84.70 per litre and diesel was hiked by a similar amount to Rs 74.88 per litre, according to Indian Oil Corporation

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Sensex, Nifty Likely To Have Cautious Opening

Asian equities made early trading gains on Thursday after a mixed session at Wall Street buoyed by expectations of a U.S.stimulus package even as political events in Washington culminated in...

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Stocks To Watch: Infosys, Wipro, SAIL

Infosys reported better-than-expected earnings performance in the third quarter, with profit increasing 16.6 per cent to Rs 5,197 crore and revenues rising 12 per cent to Rs 25,927 crore.

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Petrol Prices Touch New High Of Rs 84.70 in Delhi, Diesel At Rs 74.88

In the national capital,the price of petrol were increased by 25 paise to Rs 84.70 per litre and diesel was hiked by a similar amount to Rs 74.88 per litre, according to Indian Oil Corporation

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via

Sensex, Nifty Likely To Have Cautious Opening

Asian equities made early trading gains on Thursday after a mixed session at Wall Street buoyed by expectations of a U.S.stimulus package even as political events in Washington culminated in...

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Wipro Q3 Results: Software Services Majors Profit Rises 20.4%

Wipro Q3 Earnings: Dollar revenue growth was the highest in 36 quarters

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Infosys Q3 Results: Net Profit Jumps 16.6% In December Quarter, Revenue Up 12.3%

Infosys Q3 Results: The company's consolidated net profit climbed to Rs 5,197 crore from Rs 4,457 crore a year earlier

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Infosys Q3 Results: Net Profit Jumps 16.6% In December Quarter, Revenue Up 12.3%

Infosys Q3 Results: The company's consolidated net profit climbed to Rs 5,197 crore from Rs 4,457 crore a year earlier

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Sensex, Nifty End Flat Amid Volatility; Infosys Gains 1%

The BSE Sensex gyrated 722 points between an intra-day high of 49,795.19and a low of 49,073.85 before ending the session at 49,492.32, down 24.79 points

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Sensex, Nifty End Flat Amid Volatility

The BSE Sensex had opened the day at 49,7653.93 and touched an intra-day high of 49,697.18, just around 300 points short of the 50,000 mark.

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Rate of TDS On Coworking Spaces, GST Charged To Clients Must Be Reduced

Budget 2021: The rate of TDS needs to be reduced as the industry is it will eventually provide real estate solutions to clients at economical rates, saidMr. Manas Mehrotra, Founder, 315Work Avenue, a...

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