Newsletter

Zomato fixed the IPO price band for its Rs.9,375 crore IPO in the range of Rs.72 to Rs.76 per share. The issue will open on 14 July and close for...

There seem to be positive tidings on the real estate front. Bengaluru-based Sobha saw bookings rise by 40% to Rs.683 crore during the Jun-21 quarter, largely on the back of...

Oil appears to be on a boil as the price of WTI crude touched a 7-year high of $76.91/bbl. Brent is higher at $77.78/bbl, but the spread has substantially narrowed....

The government plans to sell 7.49% stake in NMDC through an offer for sale on 06 July, in a bid to mop up close to Rs.3,621 crore in divestment receipts....

For the week ended 02 July, 8 out of the 10 most valuable Indian companies on the Nifty by market cap saw combined erosion in value to the tune of...

The latest RBI Financial Stability Report has pegged gross NPAs of the Indian banking system in the range of 9.80%-11.22% as of Mar-22. This would be higher than the Mar-21...

Vodafone Idea reported net loss of Rs.7,023 crore for the Mar-21 quarter. This is narrower than the loss of Rs.11,644 in the Mar-20 quarter but wider than Rs.4,532 crore in...

Reliance has entered into a partnership with the Abu Dhabi National Oil Company or ADNOC to set up a facility at Ruwais near Abu Dhabi to position as a world...

The interest in Indian Fintech plays continues with the Abu Dhabi Investment Authority picking up a minority stake in MobiKwik for $20 million or nearly Rs.150 crore. This assigns a...

At its 44th AGM, Reliance Industries announced Rs.75,000 crore outlay to green energy. It inducted Yasir Al-Rumayyan into the board of RIL and affirmed that the stake sale in Reliance...