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26th Oct 2021
Almost a week after Vodafone Idea signed up for the 4 year moratorium, Bharti Airtel has also signed up for the moratorium. While Vodafone Idea had only signed up for moratorium on the spectrum dues, Bharti Airtel has signed up with DOT for moratoriu
In a significant landmark, the National Stock Exchange announced that it had crossed the Rubicon of 5 crore unique investors. This is about 30% lower than the total demat accounts in India at 7 crore. However, that is more because there are scores of
After 2 successful rounds of PSUs raising debt through Bharat Bond ETFs, the government is all set for the third tranche. This tranche is expected to hit the market around December this year and it will once again target to raise over Rs.10,000 crore
25th Oct 2021
Every year on Karwa Chauth, your wife observes one of the most difficult fasts, praying for your long life. Isn’t it only fair then that you give her a gift that’s precious enough to last her entire life? Historically, the lure of clothes and jew
Indian steel companies are reeling under the onslaught of rising manufacturing costs. JSW Steel being one of the largest integrated steel producers in India, is no exception. Now JSW Steel has come up with an innovative idea of levying a surcharge on
23rd Oct 2021
India’s largest and most valuable continued to surprise the street on the positive side. For the second quarter ending Sep-21, Reliance Industries reported 49.84% growth in total revenues at Rs.174,104 crore. For the Sep-21 quarter, the bottom line
22nd Oct 2021
Tata Chemicals, one of the largest soda ash manufacturers in the world, is planning to hive off its US soda ash unit. While the likely valuations are not yet confirmed, the markets are estimating a valuation of around $1 billion expected by Tata Chem
In what could be a temporary setback for Zee Entertainment, the Bombay High Court has called upon Zee to conduct the EGM as requested by Invesco Fund. Invesco holds 17.88% in Zee and is the single largest shareholder. As per the Companies Act 2013, i
As per the NSE circular dated 30th September 2021, a total of 45 stocks will changes in their F&O lot sizes due to relevant price movements. While these changes will be effective from 29th October, the day after the October expiry, the contracts
21st Oct 2021
You can be sure that there is pressure on margins when a marquee company like Asian Paints reports pressure on profits. In fact, for the Sep-21 quarter, Asian Paints has reported pressure on operating and net profits, largely due to a spike in raw ma
Bandhan Financial, the holding company of Bandhan Bank, plans to foray into the insurance business by picking up a stake in Future Generali Insurance. Bandhan Financial had monetized close to Rs.10,600 crore from the sale of its stake in Bandhan Bank
Fisdom, one of India’s fastest growing wealth advisory platforms, has now made a foray into stock broking. Fisdom is backed by Naspers. Incidentally, Naspers is a South Africa headquartered technology investor with deep value investments in a numbe
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