BHEL’s stock has doubled in 2023 but some still wary
“Most retail investors have bet on the company seeing the overall rally in the PSU space,” said Avinash Gorakshakar, the head of research at ProfitMart Securities. “But if execution is … Read More
Category: Business
Securitisation market grows 40% in H1, but still a tiny part of global issuances
Pass-through certificate (PTC) issuances account for over 50% of the volume of transactions surpassing direct assignment (DA) transactions. This ratio between PTC and DA has been shifted because of the … Read More
Adani group’s market capital tops ₹14.5 lakh crore
MUMBAI: The combined market valuation of all the 10 Adani groupstocks went above the Rs 14.5 lakh crore mark on Wednesday, as seven group companies continued to rally. Adani Total … Read More
Canara Bank, Bank of Maharashtra plan bond sales to raise Rs 4,500 crore
With demand for credit remaining strong, banks have been looking to tap the bond markets and raise funds to finance the loan growth. As on November 17, bank credit growth … Read More
ZestMoney set to shut operations this month
NEW DELHI: Buy now Pay Later (BNPL) startup ZestMoney has decided to shut operations. The move will impact some 150 employees of the firm, the company’s management told employees in … Read More
IN-SPACe launches seed fund scheme for startups to promote space-tech
NEW DELHI: India’s space regulator Indian National Space Promotion and Authorization Centre (IN-SPACe) has announced the launch of a seed fund scheme that is “aimed at promoting space technology”. The … Read More
Poll Winds: A stable mandate’s a win-win for equity markets
In the three months before the elections, the index has returned 8% on average. The brokerage has excluded years of fractured mandates — 1989 and 1998 — from its study.
Assembly polls: BJP win set to boost India’s appeal for foreign investors
A win for Prime Minister Narendra Modi’s party in key state elections is likely to boost India’s appeal for foreign investors and result in more inflows into local equities, according … Read More
BJP’s 3S returns on main Street to fire up market sentiment
The Nifty, the most keenly tracked gauge in the world’s fourth-largest equities market, could surge to 20,500 immediately, building on its record closing levels of 20,267.90 Friday.
Comviva penalised Rs 1 lakh for delay in transferring CSR funds to PM Relief Fund
NEW DELHI: IT company Tech Mahindra Group firm Comviva has been penalised Rs 1 lakh for the delay in transferring unspent corporate social responsibility obligation to the Prime Minister’s National … Read More