Sensex rises amidst upswing in IT, Banking stocks & firm Global cues

Gains in IT, Bank stocks and RIL led the 30-strong Sensex to close higher on Friday even as the global equities market remained firm though there was an upward swing in domestic Coronavirus... Read more »
Adani Power June 26

Adani Power to raise Rs 2500 crore

Mumbai, June 26 : Adani Power, on Friday, said it had got the shareholders nod to raise upto Rs 2500 crore in one or more tranches to sustain business growth and finance expansion... Read more »
What can the Modi Govt learn from ‘vendor debarment’ rules of Singapore

What can the Modi Govt learn from ‘vendor debarment’ rules of Singapore

The Government of India, under the transparency move triggered by Prime Minister Narendra Modi, may take a leaf out of the Singapore government’s methods to weed out unscrupulous and fraudulent vendors from... Read more »
Markets to witness a near-term reversal: Arun Kumar S, Market Strategist, Reliance Securities Ltd.

Markets to witness a near-term reversal: Reliance Securities

Mr. Arun Kumar S, Market Strategist, Reliance Securities Ltd expects a near term reversal and bearish sentiments in the markets today. EQUITIES • NIFTY(10305) formed “Bearish Engulfing” pattern which indicates a reversal. Expect the... Read more »
Nifty falls

Nifty sheds 165 points amid record surge in COVID cases

Mumbai, June 24 : Decline in European markets and a record surge in coronavirus cases in the country led the Financial stocks lower on Wednesday with Sensex dropping 561.45 points at 34,868.98 and... Read more »
IMF projects 4.5 per cent contraction in Indian economy in 2020

IMF projects 4.5% contraction in Indian economy in 2020

Mumbai, June 24: International Monetary Fund (IMF) on Wednesday suggested a sharp contraction of 4.5 percent for the Indian Market in 2020 and said it’d be a historic low. IMF explained the contraction... Read more »
Federal bank

Federal Bank to raise Rs 12,000 crore

Federal Bank on Tuesday said it would raise Rs 12000 crore most of which would come from borrowing instruments. In a regulatory filing, the Bank said that its board of directors had... Read more »
Twitter

Twitter sends notice of ‘Data Security Incident’ to advertisers

Twitter has sent a notice to all it’s users about a data security incident that “may have involved personal information on ads.twitter.com and analytics.twitter.com.” Giving details of the issue, Twitter said that, if users have... Read more »
Sensex gains 180 points

Sensex gains 180 points likely to be volatile due to monthly expiry

Sensex at BSE on Monday went up by 180 points to close at 34,911, with 21 stocks closing higher and financial stocks contributing the most to the gains. On the other hand,... Read more »
hdfc

HDFC to raise Rs 14,000 crore through shares & bonds

Mortgage Lender Housing Development Finance Corporation (HDFC) on Friday announced that its Board of Directors had approved its plans to raise Rs 14,000 crore via shares, compulsory convertible debentures, non-convertible debentures, warrants... Read more »