Newsletter

The core sector growth for Feb-22 came in at an encouraging level of 5.8%. However, this was largely on account of negative base effect as core sector growth had dipped...

Indian government plans to sell 1.5% stake in ONGC via offer for sale (OFS). The OFS is slated for 30th and 31st March and will boost FY22 disinvestment receipts by...

Brent Crude fell by more than $8/bbl to $112/bbl on fears of a hard landing by China. Over the weekend, China had announced major lockdown efforts in the financial hub...

PVR Limited and INOX Leisure approved an all-stock merger. Once the approvals from shareholders and regulators are through, Inox will merge into PVR. Shareholders of Inox will get shares of...

With the proliferation of demat accounts and trading accounts in India, the big beneficiary of this trend has been the Indian stockbroking industry. For FY22, the broking industry is expected...

The Rs.18,000-crore share buyback program of TCS has already been oversubscribed 5.5 times, with one more day to go for the closure of the buyback. This is the fourth buyback...

The government has filed updated IPO draft papers with SEBI incorporating financials of LIC for Dec-21 quarter also. While SEBI approval for the LIC IPO has already come in, LIC...

Nifty’s 10 most valuable companies by market cap added Rs.272,185 crore in market value last week. The Nifty itself was up 3.95% while Sensex was up 4.16%. Among big gainers,...

It is going to be one of the biggest mergers between a giant in food delivery, Zomato, and a big name in quick commerce (Q-commerce), Blinkit. Incidentally, Blinkit was formerly...

India’s CPI inflation for Feb-22 came in higher than expected at 6.07% even as the WPI inflation also was much higher than anticipated at 13.11% for Feb-22. It was largely...