Jet fuel prices on Thursday were hiked by the steepest ever 16 per cent to catapult rates to an all-time high in step with hardening international oil rates.The price of…
ATF prices hiked by 16%; touch new record
Stocks to buy: ABB, Eicher Motors’ shares find strong backing on charts, analysts see up to 17% returns
Domestic stock markets slipped on Tuesday, continuing their volatile trending momentum amid multiple headwinds. S&P BSE Sensex and NSE Nifty 50 were both down more than 0.30% each on Tuesday.…
Constrained to seek CVC enquiry into TD Power’s irregularities, non-disclosures, says Vijay Kirloskar
In a move that further intensifies the shareholder battle in TD Power Systems (TDPSL), Vijay Kirloskar says he will be constrained to approach the Central Vigilance Commission (CVC) for an…
Why there is excessive paranoia around IT/ITES stocks, and why mid-cap IT is still interesting
By Sonal Minhas The recent correction in the stock prices of IT/ITES companies has been most severe when compared to the overall index. In the last one year the BSE…
QRTAs, KYC Registration Agencies to report cyber attacks within six hours of detecting them: Sebi
Capital markets regulator Sebi on Wednesday asked Qualified Registrars to an Issue and Share Transfer Agents (QRTAs) and KYC Registration Agencies (KRAs) to report all cyber attacks, threats and breaches…
Import duty hike to spur gold smuggling: Industry urges govt to review move
The traveller was an ordinary man just that his quietness seemed a bit unusual and face swollen. He indicated that he was observing a religious vow of silence. As he…
Vodafone Idea, Adani Wilmar, ICICI Bank, Canara Bank, SBI, Delhivery, Coal India stocks in focus 20 June 2022
Domestic equity market benchmarks BSE Sensex and Nifty 50 were staring at a negative start on Monday, as suggested by trends on SGX Nifty. Nifty futures were ruling at 15,264.50,…
Piramal Enterprises gets shareholders’ nod for demerger
Piramal Enterprises (PEL) has received shareholders’ approval for the proposed demerger of its pharmaceuticals business and simplification of the corporate structure. They supported the move with a whopping 99.99% votes.…
India Exposition Mart gets SEBI’s nod for IPO; firm plans to raise Rs 450 crore via fresh equity
Noida-based India Exposition Mart has received capital market regulator SEBI’s approval to raise funds through an initial public offering (IPO). The public issue comprises fresh issue of equity shares aggregating…
Brent below $100 augurs well for India
With Brent crude falling below the $100/barrel mark on Wednesday and near-term prospects benign, India’s oil import bill in FY23 could be less than estimated earlier and the rising pressure…