Shareholders of Cairn Energy PLC asked the Indian government to honour the Tribunal Order and pay the Rs.10,247 crore as per the order. This is towards the income tax refunds...
Exactly 13 years after that fateful day on which the sub-prime implosion in India began with a lower circuit on 21 Jan 2008, the Sensex actually scaled 50,000. However, this...
The transfer of power finally happened in the US as Trump officially stepped down and Joe Biden was sworn in as the next President of the US. Kamala Harris was...
The government plans to sell its total stake in Tata Communications to the tune of 26.12% in the current fiscal via offer for sale. It may be recollected that VSNL...
In one of the biggest deals in the alternate energy space, Total SA of France will acquire a 20% stake in Adani Green Energy. The stock of Adani Green Energy...
Two major IPOs open in the next week. IRFC will be an Rs.4633 crore IPO in which the government will look to reduce its stake. The IPO opens on 18...
Tata Group has laid out grand plans to invest in digital, high-end electronics and healthcare to position its business mix in terms of future growth areas and valuation driving pockets....
Indian Railway Finance Corporation or IRFC has set a price band of Rs.25-Rs.26 for its proposed Rs.4600 crore IPO. Out of the 178.2 crore shares on issue, 118.8 crore shares...
The Nifty and the Sensex achieved another milestone on Tuesday. The valuation of the Nifty in terms of the Price Earnings ratio or the P/E ratio touched 40X for the...
The RBI Financial Stability Report or FSR for the Sep-20 HY was released late in January. Contrary to fears that there could be substantial deterioration in banking numbers, the actual...
India’s merchandise exports in the first week of January were up 16.22% on a YOY basis at $6.21 billion as per data from customs. Growth in exports was driven by...
According to a recent report by NASSCOM, India added nearly 1600 technology start-ups in 2020 and it actually added 12 Unicorns with a valuation exceeding $1 billion. This is the...
After a 10-day rally in the benchmark indices, the Sensex corrected by 264 points on Wednesday. The correction in the market was driven by Reliance Industries and ITC. However, the...
Brent crude prices crossed the $53/bbl mark on Tuesday after the largest oil producer in the OPEC, Saudi Arabia, agreed to take more cuts in output to keep the OPEC...
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