Cancelling of Tata Steel deal lifts TRF shares to 8-year highThe scheme of amalgamation between TRF and Tata Steel, announced in 2022, was seen unfavourable for shareholders of TRF. "The swap ratio an...
12 Feb, 2024, 06.20 AM IST
Tata Investment hits life high on Tata Tech, value unlocking buzzWhile Tata Investment Corp, a listed holding company for several Tata group companies, does not directly own a stake in Tata Technologies, ...
21 Nov, 2023, 06.09 AM IST
Sebi turns up heat on influencers as stocks boomThe Securities and Exchange Board of India last week barred Mohammad Nasiruddin Ansari and two other entities linked to him from the market...
30 Oct, 2023, 01.57 PM IST
Pricey valuations threaten best Indian media stocks rally in 14 yearsAn equity index that houses India’s biggest operator of cinema screens as well as its top television broadcaster has lost about 6% since re...
25 Sep, 2023, 02.07 PM IST
Shares of AMCs decline on Jio Financial-BlackRock JV newsShares of HDFC Asset Management, UTI Asset Management, and Aditya Birla Sun Life AMC fell by up to 2% after Reliance Group's Jio Financial ...
27 Jul, 2023, 03.13 PM IST
ITC hotels demerger to unlock value for 30 lakh shareholders. But what disappointed investors?After rallying over 40% in the last 6 months, ITC shares ended about 4% lower at Rs 470.90 on BSE after the FMCG major announced that it'll...
25 Jul, 2023, 12.01 PM IST
ITC to cross Rs 500 mark, may see more gains in next few sessionsITC shares tested a lifetime high of ₹493.7 on Thursday before closing as the best performer on the Nifty with nearly 3% gains at ₹491.50. ...
21 Jul, 2023, 06.11 AM IST
IT stocks log best day in 3 years; TCS jumps over 5% on easing rate worries, strong deal pipelineAmong frontline stocks, Tech Mahindra rallies 4.51%, Infosys climbs 4.40%, HCL Technologies gains 3.80% and Wipro advances 2.69%.
14 Jul, 2023, 10.31 PM IST
India equity mutual fund inflows more than double in June"The rise in equity mutual fund inflows was aided by cooling inflation, improved macroeconomic indicators," AMFI Chief Executive NS Venkate...
10 Jul, 2023, 04.11 PM IST
UK's abrdn exits India's HDFC AMC in $432 mln stake saleBritish asset manager abrdn plc has sold its entire 10.2% stake in India's HDFC Asset Management Co Ltd for about Rs 3,547 crore, or about ...
20 Jun, 2023, 06.26 PM IST
Stocks of life insurance companies see relief rally"Investors are understanding that the changes in tax regime bought about in February will probably not impact demand that significantly, an...
17 Jun, 2023, 01.49 PM IST
Nirmala Sitharaman removes income tax benefit given to debt mutual fund investorsAs of now, investors in debt mutual funds pay income tax on capital gains for a holding period of three years according to their tax slab. ...
24 Mar, 2023, 01.43 PM IST
MSCI’s India stock gauge enters correction amid Adani selloffThe MSCI India Index slid 1.5%, taking its losses from a Dec. 1 peak to more than 10%. Eight of the 10 Adani-linked stocks are part of the ...
22 Feb, 2023, 07.15 PM IST
From BAAP to SAAP! Why investors are dumping high PE stocks"Those who do not understand valuation metrics keep on buying even at high PE levels thinking that PE expansion will continue further. But ...
13 Jan, 2023, 11.06 AM IST