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…
Issue of RBI 7.75% bonds closes on May…
The Reserve Bank of India (RBI) has announced that 7.75 per cent Savings (Taxable) bonds, 2018 will not be available for investment from Friday i.e. May 29, 2020. In its press release, the central bank…
Hold Thyrocare Technologies, target price Rs 541: ICICI…
ICICI Securities has given a hold rating to Thyrocare Technologies with a discounted cash flow-based target price of Rs 541, implying 23 times FY22E earnings and 14.2 times FY22E EBITDA. Thyrocare Technologies’ reported a weak…
Newgen Software Q4 results: Profit dips 34% to…
New Delhi: IT company Newgen Software on Tuesday reported 34 per cent decline in consolidated profit to Rs 41.5 crore in the fourth quarter ended March 31, due to restrictions imposed across several geographies to…
JioMart likely to become one of the key…
The service levels and the product catalogue of JioMart will have to be superior to really be very successful, says Abneesh Roy, senior VP, institutional equities.I was seeing a tweet from Damodar Mall who is…
Oil steadies as demand uncertainty tempers supply cuts
Oil prices, which have been driven higher for the past four weeks, were steady on Monday, with holidays in Singapore, London and New York dampening trade, as rising concerns over demand recovery offset supply cuts.…
European shares rise in thin trading, Bayer jumps
European shares rose in thin trading on Monday, as optimism over reopening of countries and signs of more stimulus for the battered euro zone economy helped sentiment. The euro zone stock index rose 0.8% in…
NBFCs face a litmus test on their bond…
Non banking finance companies (NBFCs) may have got a moratorium from banks on their loan payments but over Rs 76,000 crore of repayments in the debt market in the next three months could well be…
After rush to exit India in March &…
Reversing their selling trend, foreign investors have infused over Rs 9,000 crore into the Indian equity markets in May so far amid attractive valuations of stocks and a mega block deal involving HUL. Experts believe…