Jet Airways, once India’s dominant airline, could take wings again, and very soon at that. If news reports are to be believed, lenders to Jet Airways have agreed to waive two preconditions to facilitate the takeover of the airline by the J

FMCG majors like Godrej Consumer, Hindustan Unilever, ITC, Parle, Britannia, Nestle, Dabur and Marico may have to contend with a demand slowdown from rural India. Weak demand in India’s hinterland has affected sales of fast-moving consumer goods

The domestic equity benchmarks had a strong session on Tuesday and closed near the day's high. The Nifty was able to surpass the 17,250-point threshold and stage a fantastic recovery from its previous close of 16,887.35. The leading sectors for sh

An investment of Rs 1 lakh in this NBFC stock would have become Rs 4.5 lakh in 2 years. Shares of Delhi-based investment company have delivered multibagger return to its investors in just 6 months, as the scrip has surged a whopping 33

Sales of passenger cars in India, which had declined over the previous two years, have now resumed their pre-pandemic levels. In fact, the wholesale figures for September 2022 have established a new monthly benchmark with 3,55,946 units, which repres

Total vehicle retail sales for September grew 11% in the country led by strong growth clocked by commercial vehicles and three-wheelers, according to data compiled by the Federation of Automobile Dealers Associations (FADA). A nearly double-digit

Gains in the power, utilities, and services sectors boosted the markets, with indices trading nearly 2% higher. Major Wall Street indices surged more than 2% overnight, signalling an optimistic start to the year's final quarter. The S&P

Mahindra & Mahindra Financial Services (M&M FS) had been a particular beaten-down stock when the Indian bourses crashed with the onset of the pandemic in mid-2020. Its share had skid over two-thirds from its all-time peak in 2018. The Mahi

Gayatri Projects Ltd, a small-sized infrastructure company that takes up civil construction projects such as roads, irrigation and dams, has been facing heat from lenders over its debt pile and missed debt covenants. Last week, Canara Bank, a memb

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Bank Nifty plummeted more than 1.5% on Monday and it formed an inside bar and declined below the 38.2% retracement level once again. After almost testing the 50DMA on Friday, the banking index failed to reach the previous day high. As an inside ba

There are eerie similarities between the lives of Rakesh Jhunjhunwala and Tulsi Tanti, who both died just weeks apart. Both were of nearly the same age—Jhunjhunwala was 62 and Tanti was 64. Both began their careers in the late 1980s. Both