ICICI Prudential MF announces its AOP

The Additional Offering Period (AOP) of ICICI Prudential Mutual Fund managed BHARAT 22 ETF has just been announced. This AOP is a part of the Government of India’s overall... Read more »

UAE to invest in refining and petrochemical projects in India

Oil demand is rising in the world’s third largest energy consumer i.e India. Surprisingly, oil-rich UAE said on Monday that it is looking at investing more in refining and... Read more »

MTNL suffers a loss of Rs 2973 crores, seeks claims of Rs 500 crores from Telecom Department

In a world of mobile phones, cash-strapped MTNL are struggling. They have approached the Telecom Department seeking claims of about Rs 500 crore, under multiple heads, including rendering of... Read more »

RBI will help recast Rs 1 trillion worth loans for MSMEs.

The Reserve Bank’s restructuring initiative for small businesses announced last month will help recast Rs 1 trillion of loans for 700,000 eligible micro, small and medium enterprises, said a... Read more »

Indian equity markets get an investment boost of Rs 5,300 crores.

Foreign investors have invested a sum of Rs 5,300 crore in the Indian equity markets in the last six trading sessions, mainly on expectations of higher economic growth. This... Read more »

Income Tax Dept withdraws money for startups in the name of angel tax.

What came as a major blow for startups, the Income Tax department has taken money from bank accounts of many startups in lieu of angel tax. Just at the... Read more »

Trumps speech shakes the Asia-Pacific markets.

Asian shares were dim on Wednesday after US President Donald Trump’s State of the Union speech failed to give markets fresh trading a boost, while the Australian dollar fell... Read more »

Wall Street stocks drop low after U.S trade news.

Wall Street stocks gone down by more than 1 percent on Thursday. There are concerns that the United States and China would not be able to settle on a... Read more »

Tata Motors announces net loss of Rs 26,961 cr for Q3.

Tata Motors have reported a net loss of Rs 26,961 crore for the quarter ended December 2018 hugely affected by an exceptional item of asset impairment of Rs 27,838... Read more »

Rbi cuts repo rate by 25 basis points, markets upbeat

On February 7, the Reserve Bank of India (RBI) lowered the repo rate by 0.25 percentage points to 6.25 percent. The repo rate is the rate at which banks... Read more »