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The Indian government wants to make sweeter the deal it is offering for the divestment in IDBI Bank. News reports say that the government is likely to waive some tax norms for the buyer of IDBI Bank in a bid to attract more suitors for a maj
Maruti Suzuki, which was once one of the most profitable government-owned companies, has reportedly now blamed its former owner, the sovereign, for levying heavy taxes that it says have put vehicles out of the reach of the country’s masses.
Indian Railways Catering and Tourism Corp (IRCTC) is a unique company, at least as far as the travel and tourism sector is concerned. It is perhaps the only publicly listed travel company that gets almost all of its revenue from one entity--the India
Today, the stock opened at Rs 130.95 and touched a high and low of Rs 131.75 and Rs 126.50. Supreme Holdings & Hospitality Ltd is engaged in the construction and development of residential and commercial real estate projects. The company was i
An investment of Rs 1 lakh in the shares of this company two years ago would have turned to Rs 3.28 lakh today. Mold-Tek Packaging Ltd (MTPL), an S&P BSE SmallCap company, has delivered multibagger returns to its shareholders in the last
The lifecycle of a tech startup starts with a disruptive idea. Add some angel funding to get the initial employees and a place to sit. Top it up with explosive growth in user adoption and entry of venture capital investors. Then, add some late-stage
PSU bank stocks have been making headlines recently due to their impressive performance in the market. The performance of PSB stocks last month has been spectacular.The NIFTY PSU bank index has rallied 93% in the past year, while the NIFTY bank in
Think of Jaipur and it usually evokes the image of camels, Hawa Mahal and the Jantar Mantar besides many other castles. But beyond the royal touristy lanes, the city has been quietly producing a few business gems. Some like AU Small Finance Bank h
Swing Trading Stocks for the Week STOCK ACTION CMP SL TARGET 1 TARGET 2 SUVENPHAR BUY 482 453
Since the beginning of December 22, wholesale milk prices across India have increased by 10.2% YoY. South India's milk costs are up 12.8% year over year. Wholesale prices across India increased just 0.6% month over month. The Nandini brand o
The four-decade-old Shriram Group’s flagship company, Shriram Transport Finance Company Ltd, has played a key role in defining vehicle financing in India, building a large network in an unorganized market. Its main business, pre-owned commercial ve
The Indian stock market has been raring to break out again after hitting a new peak earlier this month. However, there are many stocks that are already in the overbought zone given their positions on the technical charts. We picked two measures—
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