Stock Market News Updates

Tata Sons will sell 0.65% stake in TCS, which will entail the sale of nearly 2.34 crore shares at a floor price of Rs4,001 per share. The deal size would...

The big event in the current week will be the US Fed meet followed by the Fed statement on March 20, 2024. Rate cuts have already been ruled out in...

Fitch Ratings revised its India GDP growth forecast to 7% for FY25, 50 bps above its previous estimate. It has also upped its FY24 forecast to 7.8%, so India will...

According to the SEBI chairperson, the inclusion Indian bonds into the global bond indices of JP Morgan and Bloomberg; will substantially increase the interest of investors in corporate paper. Meanwhile,...

India retail inflation for the month of February 2024 came in almost flat at 5.09%, compared to 5.10% in January 2024. While core inflation was 30 bps lower at 3.3%,...

SEBI has mandated registration of index providers managing “significant indices,” in terms of the AUM attached that is linked to the index and the importance of securities included in the...

In what is another feather in India’s macro cap, the unemployment rate for individuals aged 15 and above has fallen to 3.1% in 2023. This is the lowest level in...

India’s GDP bettered expectations beyond the normal as the Q3 GDP estimate came in at 8.4% while the full year GDP estimates for FY24 came in at 7.6%. In the...

It looks like the central government is going to exceed its target for asset monetization substantially in the next fiscal year FY25. Having cut its teeth and built up pipelines,...

Walt Disney and Reliance Industries signed a binding agreement to merge their media operations in India. The deal assumes significance in the light of the Sony-Zee deal falling through. Reliance...

Bajaj Allianz Life has entered into an agreement with Satin Creditcare for extending insurance inclusion to the rural areas. Now, customers of Satin Creditcare can get loans with customised insurance...

Large Indian corporates may soon have an out-of-court insolvency resolution process. This can happen by informal discussions among stakeholders, without inviting any bids. This scheme will involve minimal level of...

India has initiated anti-dumping probe into imports of solar glass from China and Vietnam. The probe is being conducted by Directorate General of Trade Remedies (DGTR), an arm of Ministry...

Vedanta Resources, the UK based holding company of Anil Agarwal group, will sell about $1 billion worth of shares to GQG Partners via block deals. To refresh memories, GQG is...

Trade data for January 2024 came in better than expected as the Red Sea crisis had limited impact. Exports were lower on a MOM basis, but imports also fell resulting...