Newsletter

Bajaj Finance has reported 30% higher net profits for the March 2023 quarter at Rs3,158 crore. The big push to the net profits came from the sharp growth in net...

SEBI has explicitly prohibited stock brokers and clearing members from creating new bank guarantees on client funds. This will be effective from May 2023 and all open guarantees must be...

The Mumbai based pharmaceutical major, IPCA Laboratories, approved the acquisition of 33.38% stake in Unichem Laboratories for a consideration of Rs1,034 crore at a price of Rs440/share. One of the...

Reliance Industries has confirmed that it had dropped plans to merge its subsidiary company, Reliance New Energy Limited (RNEL) into itself. RNEL is the company that will undertake the group’s...

Even as IT stocks have corrected sharply amidst heavy sell-off by the FPIs, there has been a sharp fall in the weight of the IT sector in the Nifty-50 index....

According to Citigroup, equities and other risk assets could take a hit as central banks withdraw $800 billion of stimulus. Central banks have infused trillions of dollars into the global...

WPI inflation for March 2023 fell to a 29-month low of 1.34% compared to 3.85% in February 2023. There was a fall across manufacturing inflation, fuel inflation and primary inflation...

For the week ended 13th April, 7 of the top-10 most valued companies added Rs67,860 crore in market valuation. ICICI Bank and HDFC Bank were the big gainers. In terms...

Adani group has raised strong objections to the report in the Financial Times, London; which says that half of the FDI flows into Adani group were from connected offshore entities....

It has been a tough quarter for start-up funding. In fact, start-up funding in India fell by 75% yoy for the quarter ended March 2023. At $2.8 billion across 301...