Nippon Life India AMC launches Multi Asset Fund
newslivenation Nippon Life India AMC (previously referred to as Reliance Nippon Life AMC), has launched Nippon India Multi Asset Fund (NIMAF). It is an open-ended scheme which is able to make…
Economy
RBI panel must tackle growth and inflation
MUMBAI : The Monetary Policy Committee (MPC) of the Reserve Bank of India is anticipated to maintain its coverage stance accommodative when it publicizes the selections of the panel on…
UTI AMC plans public offering in September
UTI Asset Management Co. Ltd is planning to carry roadshows for its ₹3,000-crore preliminary public offering (IPO) anticipated to be launched in September, two individuals mentioned on situation of anonymity.…
Wall Street rises on Disney’s surprise profit, services sector data
US shares gained on Wednesday as data exhibiting an enlargement in services business final month added to optimism stemming from Disney’s surprise quarterly revenue and upbeat outcomes from a number…
Gold prices hit ₹55029 per 10 gm for first time, silver close to record high
Gold prices soared to new record high on Wednesday as uncertainties round rising variety of coronavirus have elevated. The valuable steel touched ₹55029 per 10 gram in Indian markets for…
Jack-of-all-trades BSE lags MCX’s value driven by commodity focus
A have a look at the shares of Multi Commodity Exchange of India Ltd (MCX) and BSE Ltd suggests there was an growing affinity for buying and selling in commodities…
Govt extends Ajay Tyagi’s term as Sebi chairman by 18 months till Feb 2022
Government on Wednesday prolonged Ajay Tyagi’s term as Sebi chairman by 18 months till February 2022. Appointments Committee of the Cabinet permitted extending Tyagi’s term as chairman of Securities and…
Cadila’s Q1 cost savings impress, but the stock faces a bumpy ride
Cadila Healthcare Ltd’s US enterprise and cost-saving efforts have gotten a tick mark from analysts in Q1. But the home market’s gradual development fee has been a little bit of…
Sensex, Nifty take a breather ahead of RBI policy decision. What analysts say
Indian shares ended flat at the moment amid a unstable session. Investors booked revenue at increased ranges ahead of RBI policy announcement tomorrow. The NSE Nifty 50 index, which had…
Indian Energy Exchange plans gas venture stake sale, CEO says
Indian Energy Exchange, IEX share sale, strategic buyers, minority stake, Rajiv Srivastava, IEX CEO,GAIL India Indian Energy Exchange Ltd. is in talks with strategic buyers to promote a minority stake…
PI Industries jumps 7% post Q1 earnings, hits 52-week high
MUMBAI : Shares of PI Industries rose as a lot as 7.34% to an all-time high of ₹1966 on Wednesday after the corporate reported 43.2% leap in its consolidated internet…
Gujarat Gas slips 4% on weak June quarter performance
MUMBAI : Shares of Gujarat Gas declined as a lot as 3.84% on Wednesday after its consolidated internet revenue slumped 74.8% to ₹59.07 crore for the quarter ended 30 June…
Despite gradual unlocking, making a comeback is a tall task for service provider
MUMBAI: There is no respite from the coronavirus disaster for Indian providers suppliers. The Nikkei IHS Markit providers buying managers’ index (PMI) rose to 34.2 in July from 33.7 in…
MCX’s Q1 may be scoring over BSE, but its stock is getting pricey
MUMBAI: The MCX stock has gained 13% since July 28, when it unveiled its Q1 numbers. But traders within the BSE stock noticed their fortunes dip marginally put up the…
Moratorium end may pull down core income growth for banks
MUMBAI: Even because the pandemic has compelled Indian banks to extend provisions and take a success on earnings, there was one comforting issue within the first quarter earnings – core…