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SKY HIGH OVERSEAS
Banks, Bharti, IT: Sandip Sabharwal's top picks & why he is worried about Zepto IPOMarket expert Sandip Sabharwal sees private banks like Axis and ICICI as top buys. He believes IT stocks are oversold with potential for 12...- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- Global firms exploit India's IPO boom to take profits back to home countriesForeign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raisi...
- What if the Strait of Hormuz didn’t reopen?The Strait of Hormuz, a vital oil route, faces potential prolonged closure. This situation mirrors past disruptions, raising concerns about...
- Jewellery stocks take Rs 60,000 crore hit in 3 days on govt's double-blow. Is the worst behind?Jewellery stocks have plunged up to 20% in three sessions, erasing nearly Rs 60,000 crore in investor wealth after PM Narendra Modi urged h...
- Patriot Box Office Collections Day 2: Mohanlal-Mammootty movie crosses Rs 50 crore worldwide but sees drop in IndiaDespite a strong global opening, "Patriot" starring Mohanlal and Mammootty experienced a noticeable dip in domestic collections on its seco...
- Gulf widens as UAE refuses to entertain 'sensitive' hindi filmsSeveral Hindi films are being banned from theatrical release in the UAE, a significant market for Bollywood box office revenue. Producers c...
- European shares open lower as miners, energy stocks dragEuropean markets have been widely affected by worries of an energy crisis amid soaring prices and the stoppage of Russia's biggest natural ...
- Crisis-hit Sri Lanka strikes staff-level pact with IMF on loan: SourcesThe debt-laden island nation had sought up to $3 billion from the global lender as it struggles with its worst economic crisis in more than...
- ZEEL rises 5% on unveiling cinema-to-home service platform ZEE PlexThe new digital distribution model for producers, Zee Plex, would be available on over-the-counter (OTT) platform Zee5, both in the country...
- Delhi HC directs RBI to allow JSPL to pay $55 million to its Mauritius subsidiaryHowever, the Court has in its order said that the relief is conditional and the JSPL will have to furnish the undertaking from the board of...
- UK’s quarantine rules end for many nationsThose arriving from higher risk countries will still have to self-quarantine for 14 days but many popular destinations are now exempt, mean...
- Tata Teleservices gains 17% on reports of merger with AirtelThe stock opened at Rs 7.75 and touched an intraday high and low of Rs 8.69 and Rs 7.61, respectively, in trade so far.
- Taking to international skies not a 'walk in the park': VistaraA joint venture between Tatas and Singapore Airlines, Vistara -- a full service carrier with a fleet of 13 planes at present -- is battling...
- Civil aviation policy gets delayed; likely in early next fiscalThe draft policy was unveiled in October last year and after extensive consultations with various stakeholders, some issues are still being...
- Gold falls from record levels, sheds Rs 390 on reduced offtakeSnapping a six-day long record setting spree, gold prices retreated from all-time high of Rs 26,490 per 10 grams to Rs 26,100 per 10 grams.
- Kingfisher Airlines goes international with London routeKingfisher Airlines has announced it will launch its first international flight from the high-tech southern city of Bangalore to London nex...
- Real Estate TV to air from DTH platformReal Estate TV, a 24x7 TV channel dedicated to real estate and infrastructure, said it is in talks with leading direct-to-home operators, t...
- Head-hunting cos rake in moolah with CXOsThe reasons for these sky-rocketing commissions are the growing packages that top-level management draw, competition.
- India to decide on fresh wheat imports next monthIndia will decide next month if it needs to buy more to build buffer stocks, a senior government official says.
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