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…
India’s credit rating cut puts it one step…
By Anirban Nag and Rahul SatijaIndia’s credit rating moved one step closer to junk after Moody’s Investors Service downgraded the nation to the lowest investment grade level and surprised economists by keeping it on a…
Tata Power completes 51% stake buy in Odisha’s…
New Delhi: Tata Power on Monday said it has completed the acquisition of 51 per cent stake in TP Central Odisha Distribution Ltd (TPCODL) for Rs 178.5 crore. TPCODL carries out the business of Central…
Manappuram Finance to raise up to Rs 500…
Manappuram Finance Ltd on Monday said it plans to raise up to Rs 500 crore through issuance of non-convertible debentures on a private placement basis. "The financial recourse and management committee of the board of…
Kotak Mahindra Bank raises Rs 7,442.5 crore via…
Mumbai: Private sector lender Kotak Mahindra Bank (KMB) has raised Rs 7,442.5 crore through a qualified institutional placement (QIP) of shares. The bank on Saturday issued 6.5 crore shares at a price of Rs 1,145…
Shipping Corporation Q4 results: Net profit jumps 83%…
NEW DELHI: Shipping Corporation of India (SCI) on Saturday reported 83 per cent jump in its consolidated profit to Rs 111 crore for the fourth quarter ended March 31. The state-owned company had clocked a…
Which investment approach really suits you? Read &…
John Mihaljevic says there's a lot of confusion in the investment world regarding what the stock market is really about. The financial markets community makes it look overly complicated for their own benefit. “It's in…
Andhra Paper Q4 results: Net profit up 55%…
New Delhi: Andhra Paper Ltd on Friday reported a 55.12 per cent increase in its net profit to Rs 92.92 crore for the fourth quarter ended March 2020. It had posted a net profit of…
We’ll probably lose 1-2 years of our economic…
Net-net, India is staring at FY21 fiscal deficit at 10% of GDP in base case, says Chief Economist with BofA Securities.Take us through what you have worked out by way of estimates for Q4 GDP?…