The government has exempted domestic airlines flying overseas from paying excise duty on Aviation Turbine Fuel (ATF), bringing them at parity with international carriers. Airlines will, however, continue to pay…
Sebi penalises Coffee Day Enterprises, Coffee Day Trading for disclosure lapses
Capital markets regulator Sebi on Tuesday imposed a penalty of Rs 1 lakh each on Coffee Day Enterprises and Coffee Day Trading for failing to make requisite disclosures pertaining to…
Stocks to buy: Ashok Leyland, United Spirits among top picks for July, shares may rally up to 17%
Sensex and Nifty corrected by more than 8% each in June 2022, recording their worst monthly performance since March 2020. Still, the weakness might not be over. “On the short-term…
Sebi beefs up tech arsenal to crack whip on ‘mules’ used for front running, insider trading
Armed with the latest technology tools, watchdog Sebi has unearthed a large number of insider trading and front-running cases where ‘mule accounts’ were being used and is now in the…
Rupee may appreciate on optimistic market sentiments; FII outflows, elevated crude prices likely to cap gains
The Indian rupee is expected to appreciate on Tuesday amid optimistic global market sentiments. However, sharp gains may be prevented on elevated crude oil prices and consistent FII outflows. Additionally,…
SGX Nifty up, global cues mixed, Nifty outlook, oil falls on recession fears; 5 things to watch out for today
Domestic equity market benchmarks BSE Sensex and NSE Nifty 50 were likely to see gap-up opening on Wednesday, a day ahead of weekly F&O expiry. Nifty futures were up 41.50…
Share Market Highlights: Sensex surges 900 pts, Nifty ends above 15600; Titan, SBI, TCS top gainers
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian equity markets ended higher for a second consecutive day, as investors’ sentiments got a boost after US Treasury Secretary…
Rakesh Jhunjhunwala stock Rallis India tanks 30% YTD; Edelweiss downgrades to ‘Reduce’, check target price
Rakesh Jhunjhunwala portfolio stock Rallis India has been in consolidation phase for nearly one year. Rallis India share price has tanked around 30 per cent so far this year. Recently,…
ICICI Lombard share price may rally 10%, Credit Suisse initiates coverage with ‘Outperform’ rating
ICICI Lombard General Insurance’s share price has tumbled more than 9% so far this year, largely in line with the headline indices. The stock has de-rated with growth deceleration, rising…
LIC’s plans to sell RCap bonds worth Rs 3,400 crore hits another roadblock
The move by Life Insurance Corporation of India (LIC) to sell secured bonds of Reliance Capital worth Rs 3,400 crore has hit another roadblock. Now, a non-governmental organisation (NGO) is…