Prestige Estates needs to shed some weight off balance sheet
newslivenation Prestige Estates Projects Ltd has been on the radar of traders following current media studies of a possible asset sale. In August, its shares had rallied by practically 26%. The…
Economy
Five companies garner ₹882 cr via NCDs in April-July
Fund elevating by way of retail issuance of non-convertible debentures (NCDs) slumped 79% to ₹882 crore in the primary 4 months of this fiscal as a consequence of falling institutional…
Why Sensex crashed over 800 points today
Indian shares markets crashed today with benchmark Sensex plummeting 839 points amid contemporary India-China border tensions and forward of the brand new margining system to be rolled out on September…
Adani Ports rides on acquisitions to withstand downturn
MUMBAI: Shares of Adani Ports and Special Economic Zone Ltd have recouped a big a part of their put up pandemic losses and are actually simply 5% decrease than the…
CG Power hits upper circuit after lenders approve Tube India’s offer
MUMBAI : CG Power and Industrial Solutions hit an upper circuit of 5% at ₹22.68 after the corporate’s lenders accepted takeover bid of the corporate by Murugappa Group-led Tube Investments…
Rupee falls from six-month highs vs US dollar amid China border tensions
The Indian rupee gave up early features and fell sharply in opposition to the US dollar amid recent border tensions with China. India stated that Chinese troops on the evening…
RIL gains 3% on buying stake in Future Group for ₹24,713 crore
MUMBAI: Shares of Reliance Industries Ltd rose 2.7% after the conglomerate introduced that subsidiary Reliance Retail Ventures will purchase the retail and wholesale, and the logistics and warehousing companies from…
RBL Bank slips 8% as CEO sells shares worth ₹38.52 crore
MUMBAI : RBL Bank fell as a lot as 7.60% after Vishwavir Ahuja, the managing director (MD) and chief govt officer (CEO) of the financial institution offered 18.92 lakh shares…
India Inc’s junk bond issuance hits RBI pricing cap hurdle
MUMBAI: India Inc could also be elevating large quantity of fairness from international traders, because of sturdy inflows, however within the greenback bond market, exercise stays muted, particularly for high-yielding…
Reliance Retail preps for stake sale; puts scale and dominance on display
If Facebook and Google purchased stakes in Jio Platforms Ltd, who’s prone to be a worthy suitor for Reliance Retail Ventures Ltd? A report in The Morning Context suggests Walmart…
Markets fall on report of tension at the border after provocative action by PLA
Indian markets on Monday erased all its morning positive factors and was buying and selling 0.5% decrease after a information report instructed provocative navy actions by China on the Ladakh…
A GDP contraction makes for an ugly loan growth arithmetic
MUMBAI: India’s policymakers are hoping for an financial restoration, poised on the shoulders of credit score and are pushing banks to loosen up and take dangers. Reserve Bank of India…
Future Group companies surge on RIL acquisition announcement
MUMBAI: Shares of some Future Group companies hit higher circuit on Monday following information that Reliance Industries Ltd will purchase sure items of the retail main. Future Retail Ltd hit…
Gold prices rise today but down ₹4,500 from this month highs, silver soar
Gold and silver prices rose today in Indian markets, following optimistic pattern in international charges. On MCX, October gold futures rose 0.3% to ₹51,600 per 10 gram to increase positive…
Future Group bonds soar by record after Mukesh Ambani’s purchase plan
Future Group surged within the bond market Monday after Reliance Industries Ltd. mentioned over the weekend it can purchase sure models of the conglomerate. Dollar notes offered by Future Retail…