Newsletter

SEBI barred Future Group CEO, Kishore Biyani, and brother Anil Biyani from accessing capital markets in any form for a period of the next one year. This order pertains to...

In a significant decision, the Supreme Court has ordered Franklin Templeton to disburse Rs.9,122 crore to unitholders of the six schemes where redemptions were shut down in April 2020, within...

Nirmala Sitharaman presented a brave budget letting the fiscal deficit shoot up nearly 250 bps ahead of market expectations. The FM pegged the fiscal deficit for FY21 at 9.5% and...

One big positive outcome of the COVID pandemic appears to be that GST revenues have grown to above pre-COVID levels. GST collections for the month of Jan-21 came in at...

IDBI Bank got one step closer to exiting PCA as it posted net profits for the fourth quarter in succession. IDBI Q3 net profit turns around to Rs.399 crore following...

Axis Bank, reported 29.15% lower Q3 net profits at Rs.1,335 crore in the midst of higher provisioning. Total revenues were flat at Rs.19,911 crore. Retail banking revenues were flat, wholesale...

Eminent economist, Dr. Rakesh Mohan, has warned that people should not get carried away by the stellar performance of the stock market. He underlined that it would be an understatement...

Shareholders of Cairn Energy PLC asked the Indian government to honour the Tribunal Order and pay the Rs.10,247 crore as per the order. This is towards the income tax refunds...

Exactly 13 years after that fateful day on which the sub-prime implosion in India began with a lower circuit on 21 Jan 2008, the Sensex actually scaled 50,000. However, this...

The transfer of power finally happened in the US as Trump officially stepped down and Joe Biden was sworn in as the next President of the US. Kamala Harris was...