Shankar Sharma and Devina Mehra, Co-founders, First Global in conversation with Ayesha Faridi of ET NOW.You were one of the early ones to catch on to say the specialty chemicals rally. You are a votary…
Scarcity premium? After 150% rally in 2020, an…
New Delhi: Energy-to-telecom Reliance Industries (RIL) impressed Dalal Street all through June quarter with a series of stake sales in Jio Platforms and India’s biggest ever rights issues. Investors rewarded the company by doubling the…
Analysts divided on Voda Idea’s prospects, see volatility…
Mumbai: Analysts are divided on the prospects of Vodafone Idea stock after the country’s third-largest telecom operator reported a staggering Rs 73,878 crore net loss in fiscal ended March - the highest ever by any…
India gold prices hit all-time high as virus…
MUMBAI: Gold prices in India hit an all-time high on Wednesday, tracking a global rally, as surging coronavirus cases in many countries raised the metal's safe-haven appeal. Local gold futures hit an all-time high of…
New India Assurance Q4 results: Posts net profit…
New Delhi: State-owned general insurer New India Assurance on Tuesday reported Rs 126.6 crore profit for the fourth quarter ended March 31. The company had registered a net loss of Rs 270.54 crore in January-March…
Premji Invest to acquire controlling stake in Baroda-based…
Premji Invest, the investment arm of Azim Premji, has agreed to acquire a controlling stake in Baroda-based Best Value Chem (BVC). BVC, a specialty aroma chemical manufacturer, said the transaction involves the selling of stake…
Indian Bank to raise up to Rs 5,000…
New Delhi: State-owned Indian Bank on Monday said it plans to raise about Rs 5,000 crore through bonds to fund its business growth. The decision to raise funds was taken in its board meeting held…
Buy Sun TV Network, target price Rs 500:…
Motilal Oswal has given a buy rating to Sun TV Network with a target price of Rs 500. The share price moved down by -4.68 per cent from its previous close of Rs 421.20. The…
India Inc reports pressure on profits and profitability…
India Inc’s performance in the fourth quarter ended March stumbled amidst the pandemic-induced shutdown of economic activity and general weakness triggered by last year’s sharp slowdown. Net sales for a sample of 1,186 companies, excluding…