Sensex puts a muted show, but 10 constituents give index-beating weekly returns
Further, the government is also widely expected to extend tax sops and incentives to more sectors and sub-sectors under the production-linked incentive scheme. In order to play on this theme, investors lapped up shares of the engineering behemoth, which is often viewed as India’s proxy to infrastructure development.
Mind Over Money: Balanced diet, gym and 10-minute meditation help this research head to beat mental stress
The lesson here is that once you have spent enough time in the markets, which are ultimately a reflection of how the underlying economy is progressing, you own part of great businesses that can do well over market cycles and economic conditions or phases that will occur regularly, and you will have the patience to […]
RIL Q3 profit falls 13% to Rs 17,806 cr, will raise up to Rs 20,000 cr for expansion
RIL also secured board approval to raise as much as ₹20,000 crore ($2.5 billion) through the sale of bonds in one or more tranches to fuel expansion across businesses, it said in a regulatory filing.
IDBI sale: Fairfax sought waiver on security check
The company had said if it were to participate in the bid process, the final composition of the bidding consortium would be different, and that a security clearance on the existing firm would not remain relevant, the sources said.
Bombay HC sets aside Yes Bank AT-1 bonds write off
The division bench of Acting Chief Justice SV Gangapurwala and Justice SM Modak, in its detailed order, have upheld the plea filed by Axis Trustee Services and other petitioners, challenging the move of administrator appointed by the Reserve Bank of India (RBI).
HUL shares fall on royalty fee hike even as many cheer Q3 numbers
Motilal Oswal said operating performance was in line with expectations and that “royalty increase was not a concern”. Recovery in rural demand and commodity cost reductions will help HUL get back to the mid-to-high teens earnings growth trajectory that it exhibited for the four years before Covid, the brokerage firm said.
Insurers need to invest Rs 50,000 cr every year: Debasish Panda
Panda said India is set to become the sixth largest insurance market by 2032 from tenth largest currently but the country needs more investments if it has to acheive the insurance for all target set by the regulator by 2047.