Nomura Financial says cyclical economy downsides because of domestic & global factors

Nomura Financial Advisory & Securities on Friday said cyclically the economy is clearly slowing down due to domestic and global factors and this slowdown will be seen for at least a couple... Read more »

Hotel Leela Venture shares hit 5%, plans to sell hotels, property to Brookfield for Rs 3,950 crore

Shares of Hotel Leela Venture touched the 5 per cent upper circuit in late morning deals on Tuesday after its board approved the sale of four hotels, which included one in the... Read more »

Government to raise Rs 3,500 crore with CPSE ETF, 5th tranche opens on March 19.

The fifth tranche of the CPSE Exchange Traded Fund will be open for subscription on March 19, as the government seeks to raise at least Rs 3,500 crore. The fourth Further Fund Offer (FFO), will open... Read more »

Embassy Office Parks REIT to raise ₹4,750 crore via IPO

On March 18, Embassy Office Parks REIT, India’s first real investment trust will open for subscription. Blackstone Group LP, global private equity giant and Bangaluru-based Embassy Property Development together plans to raise... Read more »

Gold drops as US retail data and stocks recover.

Spot gold went down 0.4 percent at $1,293.26 per ounce at 11:35 a.m. ET (1535 GMT), while U.S. gold futures dropped 0.5 percent to $1,293.30. Spot prices hit $1,300.61 on Friday, but... Read more »

Turmeric prices drop low, new crop arrives

Turmeric prices have dropped low as compared to the same period last year.  Studies say that the new crop has surfaced in the key-producing regions of Tamil Nadu and Telangana as turmeric... Read more »

Reliance ADAG, L&T Finance slug it out on pledged shares

Anil Ambani led Reliance Group ADAG has accused L&T Finance and certain entities of Edelweiss Group of misconduct. They have allegedly invoked pledged shares of Reliance Group and sold them in the... Read more »
IIFL IPO in troubled waters

IIFL IPO in troubled waters: Madras high court issues notices

The proposed IPO by India Infoline Finance Limited (IIFL) has run in troubled waters. As per a report in Business Standard the Madras High Court has issued a notice to IIFL following... Read more »
IndiaNivesh appoints Premal Doshi as Managing Director - Investment Banking

Nifty continues to bleed, breaks below 10,700

The Nifty50 is now trading below its crucial short and long term moving averages. It formed a bearish candle on the daily charts for the week ended January 25. The index has... Read more »

IndiaNivesh advises to remain stock specific

On account of heavy selling pressure in banking, infra, auto and power sectoral stocks, the BSE Sensex went down by 165 points  from its Friday close to 35,860 after making a high... Read more »