Debt schemes of mutual funds, especially the short-to-medium-tenure ones, will become attractive for investors, with the Reserve Bank of India (RBI) reversing its policy stance to hike interest rates. On…
Voltas Rating: Buy- Demand outlook augurs well for the firm
Demand outlook: 1) Due to a strong heatwave across many parts of India, demand for room AC products was robust in the second half of March-22 and April-22. Demand eased…
Policy and data support can boost MSMEs’ role as drivers of future growth: ADB report
Policies for MSMEs: Providing policy and data support to micro, small and medium enterprises can boost their role as drivers of growth in the economy, according to Asia Small and…
Sensex extends fall to the third day, Nifty may continue moving sideway till US Fed meet, support around 15600
Bears continued to dominate Dalal Street on Tuesday, as headline indices marked the third day of downward movement. S&P BSE Sensex slipped 153 points or 0.29% to settle at 52,693…
Adani Enterprises share price jumps 4%, firm joins hands with TotalEnergies to invest $50 bn in green hydrogen
Adani Enterprises share price surged nearly 4 per cent to Rs 2,161.90 apiece on BSE on Tuesday. French energy major TotalEnergies will pick a 25 per cent stake in Adani…
Stocks to buy: Ashok Leyland, Sona BLW among top auto sector picks, as much as 60% upside seen
Domestic stock markets continue to remain volatile, faced with multiple headwinds including rising inflation and interest rate hikes. On Friday, BSE Sensex was down 744 points or 1.35%, hovering around…
Hindujas can’t extinguish ESOPs, other incentive schemes of RCap arm: Legal view
The Hinduja Group cannot extinguish employee stock option plans (ESOPs) and other incentive schemes of Reliance General Insurance Company (RGICL), Reliance Capital’s (RCap’s) general insurance subsidiary. This is because in…
Market shrugs off steep rate hike
The equity markets gave up initial gains on Wednesday as selling in the heavyweights dragged the benchmarks down in afternoon trade, even as the repo rate hike came in line…
Rakesh Jhunjhunwala, wife sell Delta Corp shares, trim holdings; stock tanks 20% this month
Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala have sold Delta Corp shares this month, the ace investor informed the stock exchanges. In a filing on BSE, Rakesh Jhunjhunwala informed that…
New tea marketing trends disrupt auction centre operations
The business of tea is undergoing a major change, with retail and online sales getting traction as packaging and branding become an integral part of it. People have started preferring…