The Tata group has been consolidating and restructuring its group properties along logical lines. Tata Consumer Products (formerly Tata Global Beverages) has been at the forefront of this consolidation. In 2020, Tata Consumer Products absorbed the sa

In its meeting held on 22nd November 2022, the board of directors of Vedanta Ltd (VEDL) has approved an Interim Dividend pay-out of Rs17.50/- per equity share of face value of Rs1/- each. For the purpose of interim dividend eligibility, the record da

A recent report on mutual fund flows in the month of October has highlighted what has been obvious from the build-up of SIP flows in the last few months. The gross lumpsum inflows into the equity mutual fund segment touched a 2 year low of just Rs17,

The move to T+1 settlement had started way back in February 2022 when the first batch of stocks had been moved from the T+2 settlement cycle to the T+1 settlement cycle. Over the next few months, nearly 500 stocks have been progressively moving into

On Wednesday, 23rd November 2022, the price of Crude fell sharply by nearly 5%. Brent Crude fell sharply from $88/bbl to around $84/bbl. For the last few days, oil has been gradually drifting lower due to concerns over demand. The concern has been th

The stock surged 7.6%. On November 24, the market is trading in green. At 11:40 am, the S&P BSE Sensex is trading at 61836, up 0.53%, while NIFTY50 is up 0.54%, trading at 18365. About sectoral performance, Oil & Gas and IT are among the t

Shares of InterGlobe Aviation Ltd rallied 4.12% to Rs 1893.55 from its previous close of 1818.60 after the company inaugurates its second MRO facility. InterGlobe Aviation Ltd which operates India’s largest domestic airline IndiGo has opened its

KPIT Technologies accelerates its relationship with Renault Group. KPIT Technologies closed trading at Rs 726.95, up by 43.65 points or 6.39% from its previous closing of Rs 683.30 on the BSE. The scrip opened at Rs 689.95 and touched a high an

If you look at the mutual fund flows over the last couple of years, the segment that has grown the fastest are the Passive Index ETFs or exchange traded funds. As active fund manages have struggled to beat the index with any degree of conviction, mos

Paytm has never had it easy. The Paytm IPO came a little over a year ago at a price of Rs. 2,150. As of mid-day on Wednesday 23rd November 2022, the Paytm share is trading at a price of Rs. 456.75. In short, the stock after falling 11% on Tuesday, is

In the last few weeks, the PSU banks in India have been the unlikely stars. For more than two years they just did not go anywhere. After the Q2 results, the PSU banking stocks have rallied on an average 73% from the lows of the year. But the movement

Piyush Goyal has never been short of optimism. He has been quite aggressive about trade targets and has already set a target of more than doubling textile exports from the current $42 billion to $100 billion over the next five years. Now, he has set