Newsletter

Reliance Jio has paid Rs.30,791 crore, as prepayment of its entire deferred liabilities for spectrum acquired in auctions before March 2021. This also includes the accrued interest and includes spectrum...

The high profile supply chain company, Delhivery, has got SEBI approval to go ahead with its proposed IPO worth Rs.7,460 crore. The IPO will comprise of a fresh issuance of...

Tech Mahindra has just announced the acquisition of a 100% stake in CTC for EUR 330 million. That is roughly equivalent to Rs.2,800 crore at the current exchange rates between...

Among the most valuable companies on the Nifty, 8 out of 10 top listers added market cap to the tune of Rs.234,162 crore last week. Most of the heavyweights were...

LIC is expected to publish key details of its IPO in the fourth week of January. It is now being reported that the IPO may happen in the third week...

It was a day of the Big-3 IT companies announcing their results on 12th January with TCS and Infosys doing better than street estimates but Wipro putting out numbers below...

According to CRISIL estimates, OPMs of Indian companies would drop by 100-120 bps due to a sharp surge in commodity prices. While price hikes would help the top line, the...

Wall Street indices tumbled on Monday after most of the technology stocks came under pressure. The fear factor was after they expected rate hikes to kick in quicker and at...

For the week ended on 07ths January, 8 out of the top 10 most valuable Indian companies on the Nifty by market capitalization, added Rs.250,006 crore in value. The two...

In its latest classification of companies by market cap, the AMFI upgraded Policybazaar, Zomato, Nykaa and Paytm, apart from 9 other stocks to the large cap category. The others to...

In a setback to the Future group, the Delhi High Court refused to interfere in the decision making powers of the SIAC. Future had moved to terminate the arbitration proceedings...

As per preliminary estimates put out by the Ministry of Commerce, India's exports crossed $300 billion Apr-Dec 2021 with December seeing record exports of $37 billion. India has targeted exports...

The IPO rush is gathering steam with 23 companies revving up to raise Rs.44,000 crore via IPOs in the Mar-22 quarter. A major chunk of the funds will be raised...

The food subsidy bill for FY22 is expected to be less than Rs.400,000 crore compared to Rs.529,000 crore in FY21. Out of this nearly Rs.225,000 crore is by way of...

The last meeting of the GST Council for 2021 will be held on 31-December to debate rate rationalization. The meeting also proposes to discuss the correction in duty inversion in...