Latest posts
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Foreign investors continue buying spree; pour Rs 12,921 cr in first week of Aug
In early August, Foreign Portfolio Investors poured Rs 12,921 crore into Indian equities, building on their notable investments from July. This surge indicates improved investor sentiment and favorable macroeconomic conditions. Furthermore, foreign investors have displayed interest in India’s debt market, resulting in additional inflows. However, it’s worth noting that despite these recent inflows, they have…
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Mcap of four of top-10 most valued firms jumps Rs 1.43 lakh cr; State Bank biggest winner
In a notable surge, four leading Indian corporations experienced an impressive rise in market valuations, totaling Rs 1.43 lakh crore. The State Bank of India led the charge, boosting its valuation by Rs 63,922 crore. Other notable gainers included Reliance Industries, TCS, and Larsen & Toubro, while LIC, Bajaj Finance, and HDFC Bank suffered significant…
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DB Realty, Unitech stocks rose
The stocks of DB Realty and Unitech rose after top executives of these companies were granted bail in the 2G scam case.
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Alfa raises delisting price to Rs 2,850 a share
Alfa Laval (India) today said its parent firm has raised the delisting offer price to Rs 2,850 a share.
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Cigarette cos shares outperform benchmark Sensex
Shares of cigarette companies have rallied over the past one month, with ITC, Godfrey Philips and VST Industries hitting record highs.
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‘Discoms’ poor fin health poses risks for traders’
The poor financial health of state electricity boards could pose significant business risks for power traders in the country, says Fitch.
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Fitch withdraws Reliance Capital ratings
Fitch on Friday said it has withdrawn the ratings on Reliance Capital as the company has decided to stop participating.
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Lovable Lingerie’s dream run on as traders lap it up
Lovable Lingerie is 3rd-best performing stock among companies listed this year, with it doubling in value, as traders bet it could repeat performance of Page Indus.
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Anup Bagchi’s big test at HDFC Bank is winning back investor trust
Incoming HDFC Bank CEO Anup Bagchi’s immediate task is to restore investor confidence by improving execution and governance, as the bank’s loan growth and return on equity have fallen towards industry averages.
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SBI-led lenders say Vijay Mallya owes Rs 8,752 crore more
A group of lenders, spearheaded by the State Bank of India, has revealed that Vijay Mallya still owes an astonishing Rs 8,752 crore. This figure remains despite having recovered over Rs 10,270 crore, including recent payments. Mallya’s claims of settling his debts with banks are in question. Court proceedings continue regarding the recovery of dues…