An investment of Rs 1 lakh in the shares of this company two years ago would have turned to Rs 3.5 lakh today. Solar Industries Ltd, an S&P BSE 500 company, has delivered multibagger returns to its shareholders in the last two years. During th

Fintech startup GaragePreneurs Internet Pvt Ltd, which operates under the brand Slice, has been sprinting to pick up pots of money from investors. In the last 18 months alone, it has scooped up $290 million across three tranches including t

It seems like defunct carrier Jet Airways, which now has a new set of owners who have been wanting to revive it, may take a little longer to take to the skies again. According to a Reuters report, Jet Airways' creditors and its new owners ar

Earlier this month, Edelweiss Real Assets Managers Ltd, part of Edelweiss Alternatives, closed the AnZen India Energy Yield Plus Trust, its maiden energy infrastructure investment trust (InvIT), with initial assets under management of more than Rs 2,

An investment of Rs 1 lakh in the shares of Gujarat Ambuja Exports Ltd two and a half years ago would have turned to Rs 3.96 lakh today. Gujarat Ambuja Exports Ltd, an S&P BSE SmallCap company, has delivered multibagger returns to its sh

India Inc wants the Reserve Bank of India (RBI) to slow down on any further interest rate hikes, citing weak domestic growth prospects, as fears of a global slowdown loom large. "Given the headwinds to domestic growth mainly emanating from t

After the government and the Life Insurance Corp sell most of their stake in IDBI Bank, the lender will be considered a ‘private sector’ bank, the finance ministry has said. The government will continue to hold a 15% residual stake in th

Could the flow of foreign capital shift from India to China and South Korea over the coming quarters? Well, at least two global fund houses seem to think so. Strategists at Goldman Sachs Group Inc. expect Asia’s equity leadership to shift from S

C-suite executives have been swinging wildly between the two horns of a financial dilemma for the last five-six quarters. Their moment of truth is briefly summed up in this rather vexing choice: Pass on inflated raw material costs to one’s own cust

The Indian stock market, which crossed its all-time high to close at a new peak yesterday, has seen bulls take charge even as Dalal Street is split down the middle on taking directional calls for the indices. While one side believes the market is poi

The Adani Group, led by billionaire Gautam Adani, is out to raise as much as $5 billion in equity capital. The board of directors of Adani Enterprises, the group’s flagship company, will today consider and approve the proposal of raising f

The employment rate in India is gaining momentum, government data for October shows. This effectively signals that economic growth in the country is picking up. What does the data say? The Ministry of Finance noted a significant increase