Vodafone board approved raising up to Rs.14,500 crore including Rs.4,500 crore from promoter entities. It will issue 338 crore equity shares at an issue price of Rs.13.30 per share to...
On Wednesday, Jerome Powell, in his testimony to the US House of Representatives Financial Services Committee, signalled that Fed would hike rates less than expected due to the impact of...
Even as Indian markets remained closed on 01-March, Brent crude surged 8% to $105.80/bbl, scaling the highest level since August 2014. Members of the IEA will release about 60 million...
India’s crude oil imports look set to cross $100 billion in FY22. Amidst rising crude prices, this is almost twice of FY21. India has already spent over $94 billion on...
European Union leaders may have pledged to impose tough financial sanctions on Russia, but there is lack of consensus over cutting the country off SWIFT; the international financial payment protocol....
TVS Motors crossed the 1-million two-wheeler export milestone for the first time in a fiscal. FY22 still has more than a month left. Its key exports are Apache series, HLX...
The sanctions on Russia have begun with the US, Canada, EU and the UK announcing the first round of sanctions against Russian banks and HNIs. The US has imposed sanctions...
Vedanta made an oil discovery in Barmer, Rajasthan as notified in its filing to the Directorate General of Hydrocarbons (DGH). This block was awarded to Vedanta under Open Acreage Licensing...
Oil prices once again hardened in early trades on Monday to close in on $95/bbl as jitters over potential conflict between Russia and Ukraine heightened. The US and the EU...
Oil prices fell on Thursday amidst diverse trends. Even as the situation in Ukraine worsened, there were attempts to resurrect a nuclear deal with Iran. However, there is little improvement...
Oil prices once again started their upward move on Wednesday scaling back to the $96/bbl mark as the Ukraine situation continue to be tense. The risk of supply disruptions due...
The next big name in the queue to raise funds via IPO is likely to be SBI Mutual Fund, which is planning a Rs.7,600 crore IPO. SBI MF is the...
It was Black Monday all over again on 14-February as the Sensex lost over 1,747 points or over 3%. The total wealth depletion in the day was close to Rs.847,000...
For the week ended 11th February, 9 out of the 10 most valuable companies by the market on the Nifty lost a combined Rs.103,532 crore. TCS led the fall during...
For the month of Jan-22, the US inflation came in at a 40-year high of 7.5%, which makes a rate hike by the US Fed in its next meeting almost...