Turnover jumped to Rs 2.14 crore ahead of the penultimate day of November month settlement in the derivative segment. The Nifty November futures closed at discount at 5,859.9 with respect to the spot close of 5,865.75, even as the December
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We recommend a sell in the stock of Pantaloon Retail (India) from a short-term perspective. It is evident from the charts that the stock has been on a medium-term downtrend from its early October 2010 peak of Rs 527. In mid-October, the stock
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The Jalan committee said that the MIMPS (manner of increasing and maintaining public shareholding) regulations have lost their relevance as exchanges have increased their public
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The mutual fund industry has seen testing times in the last three years in terms of business performance, regulations, market volatility, cost pressure and challenges in distribution. In an interview to Business Line, Mr Nimesh Shah, Managing
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Vedanta Resources is hoping to raise $1.1 billion from listing its Zambian copper subsidiary on the London Stock Exchange, the firm confirmed on
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The 60-odd companies that went public this year with initial public offerings have delivered a superior performance on both revenue and profit growth than their more seasoned counterparts trading on the country's stock
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NBFCs and brokers have been raising short term funds to cater to retail investor demand for the Power Grid FPO. Due to this, short-term commercial paper yields have risen in the last few
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The huge participation of overseas institutional investors in the Coal India IPO has prompted the Department of Disinvestment (DoD) of the Union Government to identify the first-time foreign investors in the country. The initiative, it is felt,
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In a move to appease the regulators in Andhra Pradesh, SKS Microfinance voluntarily cut lending rates for its AP borrowers by 2.14 percentage points to 24.55 per cent, according to a statement issued to the BSE. Improving operating efficiency may
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ITC this week sold off 10 lakh shares of Agro Tech Foods, once promoted by it, to bring down its stake to 7.5 per cent in the company. In a bulk deal on October 25, it slashed its holding by around 4 per cent at a price per share of Rs 310, way
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Holders of Standard Chartered Bank's Indian depository receipts (IDR) will get Rs 4.6/IDR as part of their rights issue
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Karvy Stock Broking Ltd (KSBL) will provide its online trading services to customers of Bank of India
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Market regulator, Securities and Exchange Board of India, on Monday said it is still investigating the issue of SKS Microfinance sacking its CEO, Mr Suresh
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Despite all that excited talk about the huge amount of money that FIIs are ‘pumping into the market', the fact is that only a small portion of FII investments in equities is made in the secondary market, through the stock exchanges.
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The consolidated net profit of Motilal Oswal Financial Services dipped 30 per cent to Rs 33.1 crore during the second quarter of this fiscal from Rs 47.46 crore in the corresponding year ago
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