DPIIT to roll out mandatory quality norms for home electrical appliances; one order to cover 85 standards
These products, which are divided under six categories, include Vacuum Cleaners, Electrical Shavers Hair, Massage Appliances, Electric Steam Cookers, Electric Heating Tools, Electric Coffee Makers, and Electric Food Processors. Most of the imports are coming from China. As many as 85 standards will be covered under one quality control order for safety of household, commercial […]
RBI appoints P Vasudevan as new executive director
Prior to being promoted as ED, Vasudevan was the Chief General Manager-in-charge of the Department of Payment and Settlement Systems. He has, over a span of nearly three decades in the Reserve Bank, served in supervision of banks and non-banking financial companies, payment and settlement systems and other areas, including a stint as Member of […]
Is Bajaj Auto stock a buy after recent product launch? Here’s what top brokerages think
With the entry of Bajaj and Hero in the premium space, analysts see stiff competition, loss of market share, and growth concerns for Eicher.
Gainers & Losers: Eicher among top 6 stocks in news Thursday
The 30-share Sensex climbed 339 to settle at 65,785, while the broader Nifty jumped nearly 100 points to end at a fresh high of 19,497.
NCLT approves demerger of financial services unit of Reliance
“The company and Reliance Strategic Investments Limited will take necessary steps including fixing the record date for allotment and listing of equity shares of Reliance Strategic Investments Limited,” it said without giving timelines for the same.
These 7 commodity stocks scale new 52-week high, gain up to 35% in a month
Tech View: Nifty forms long bull candle on expiry day. What traders should do on Friday
India VIX was down by 0.34% from 11.88 to 11.84 levels. Volatility near its lower band has supported the bulls at record-high zones. Options data suggests a broader trading range between 19200 to 19700 zones, while an immediate trading range between 19350 to 19600 zones.
Tata said to consider postponing Tata Play IPO
Tata Group is reportedly considering buying back a stake in its content distribution platform from Temasek Holdings as it assesses whether to postpone an IPO planned for the entertainment platform. Discussions with the Singaporean state investor, which currently holds about 20% of the network, could allow it to exit the investment.
How India’s market capitalisation skyrocketed 30 times in 20 years
In the rally which looks one-way on the larger time frame, the market cap crossed the Rs 50 lakh crore mark in 2007, Rs 100 lakh crore milestone in 2014, and the Rs 200 lakh crore-mark in February 2021. The surge in market capitalisation is a result of not only an increase in stock prices […]
More fuel in pipeline for ITC’s rip-roaring rally, but will the addiction last?
Now just when investors were getting worried about valuations, which are not dirt cheap anymore, and the fall in dividend yield to around 3% at current market prices, the bulls have found another reason to stick to their ground.