Tata Consumer adds right flavours to portfolio
Both buyouts have cost TCPL ₹7,000 crore – roughly the amount that was reported about in the nixed buyout talks of the Bisleri water business.
Holding on to your past gains must be the focus this year
A plain-vanilla interpretation of this could be to start cutting exposure to the red-hot stock market. But, in a market driven by ifs and buts, a cut-and-dried approach may not work, throwing up the need for a more nuanced approach.
Unlisted NSE shares rally on heavy demand
Additionally, a rally in the shares of the two listed exchange operators – BSE and MCX – and the unlocking of value through the proposed public issue of the National Securities Depository, in which NSE holds a 24% stake, also played a role in fuelling the price, the brokers said.
There’s no real reason and hurry for RBI to cut rates: Neeraj Gambhir, Axis Bank
Now with the higher capital charge, the cost of funding from banks will go up and probably to some extent, there will be a volume impact as well. NBFCs were anyway borrowing from the bond market – at least the AAA- and AA-rated NBFCs. The bond market has seen the exit of a large borrower, […]
Adani Power, Jindal Group companies, Vedanta in race for IL&FS Tamil Nadu Power
IL&FS, as part of its resolution process, had recently invited expressions of interest (EoIs) to acquire a 92% stake in ITPCL held by IL&FS Energy Development Company (80%) and the group holding company (12%). This asset has two coal-based power plants with 1,200 MW capacity in Cuddalore with the potential to add nearly 2,000 MW […]
Nifty bullish, may touch 22400 soon: Analysts
Following Friday’s rally, Nifty has confirmed a move above the three-digit Gann number of 218(00) and a bullish ABC break on the point and figure (P&F) chart, implying the end of the recent consolidation phase.
Small-cap funds count new records as investors bet big
In December, small-cap funds added more than 935,000 folios, or accounts, data from the Association of Mutual Fund of India show. That was the most for a month in the equity fund category barring January 2021, when investors switched to flexi-cap from multi-cap funds due to a change in regulation.