Category: Market

Burman family raises concerns over allotment of 8% stake in RFL to Rashmi Saluja through ESOPs

New Delhi, Dec 3 (SocialNews.XYZ) The Burman family, which collectively owns 21.24 per cent of Religare Finvest Limited (RFL) through…

2 years ago

Religare board upholds highest standards of corporate governance in all transactions, stands by REL management

New Delhi, Dec 3 (SocialNews.XYZ) The approval sought at the AGM of Religare Finvest Limited (RFL) held on September 26,…

2 years ago

Muted business updates from corporates dent market sentiments

Mumbai, Jan 3 (SocialNews.XYZ) Muted monthly and quarterly business updates from corporates have dented market sentiments generally, Deepak Jasani, Head…

2 years ago

Nifty declines for second day on profit booking, weak PMI data

Mumbai, Jan 3 (SocialNews.XYZ) Domestic equities continued to witness profit booking on the back of weak global cues and a…

2 years ago

As New Year begins, there’s some nervousness in markets

Mumbai, Jan 3 (SocialNews.XYZ) In some areas, valuations seem stretched, as seen in the surge of micro-cap stocks and the…

2 years ago

Only two unicorn companies were created in 2023 compared to 21 in 2022

New Delhi, Jan 3 (SocialNews.XYZ) The value of investments by Private Equity - Venture Capital (PE-VC) firms in India fell…

2 years ago

40 companies looking to raise nearly Rs 70,000 cr through IPO let their approval lapse in 2023

New Delhi, Jan 3 (SocialNews.XYZ) The IPO pipeline for 2024 continues to remain strong. 27 companies proposing to raise Rs…

2 years ago

Of the 57 IPOs in 2023, 41 received mega response of more than 10 times

New Delhi, Jan 3 (SocialNews.XYZ) A total of 57 Indian corporates raised Rs 49,434 crore through main board IPOs in…

2 years ago

US and global economy may face major challenges in 2024

Washington, Jan 2 (SocialNews.XYZ) The US and the global economy may face major challenges in 2024 though they have proved…

2 years ago

VST Industries hits upper circuit of 20% after Radha Kishan Damani, MFs buy shares

New Delhi, Jan 2 (SocialNews.XYZ) Shares of VST Industries ended at the upper circuit of 20 per cent on Tuesday…

2 years ago

Consumer discretionary categories barring jewellery, travel staring at moderating growth

New Delhi, Jan 2 (SocialNews.XYZ) Despite a promising start to the festive season, most sectors, excluding jewellery and travel, seem…

2 years ago

Auto stocks top losers due to weak Dec volumes

New Delhi, Jan 2 (SocialNews.XYZ) Nifty fell for the second consecutive session on Tuesday. At close, Nifty was down 0.35…

2 years ago

Markets witnessing profit booking after 2 straight months of sharp up-move

New Delhi, Jan 2 (SocialNews.XYZ) Domestic equities had a muted handover from its Asian peers after China released mixed manufacturing…

2 years ago

Investors adopting profit booking strategy before results season

New Delhi, Jan 2 (SocialNews.XYZ) A bearish candle has emerged on the daily Nifty chart, indicating a potential bearish trend…

2 years ago

Not in talks with Musk to manage Starlink services in India: Vodafone Idea

New Delhi, Jan 2 (SocialNews.XYZ) Vodafone Idea on Tuesday denied reports that it is in talks with Tesla and SpaceX…

2 years ago

Passenger vehicles remain flat in Dec as entry-level segment remains a drag

New Delhi, Jan 2 (SocialNews.XYZ) In passenger vehicles, despite a strong growth of 15 per cent YoY for UVs, overall…

2 years ago

Govt ups windfall tax on crude, ONGC & OIL to take hit

New Delhi, Jan 2 (SocialNews.XYZ) The government has raised the windfall tax on crude oil and reduced the tax on…

2 years ago

37 more telecom products come under quick clearance scheme

New Delhi, Jan 2 (SocialNews.XYZ) Telecommunication Engineering Centre (TEC) -- the technical arm of the Department of Telecommunications (DoT) --…

2 years ago

Sensex down more than 500 points

New Delhi, Jan 2 (SocialNews.XYZ) Equity benchmarks sank on Tuesday with selling emerging at higher levels. BSE Sensex was down…

2 years ago

Five oil majors to distribute more than $100bn to shareholders

London, Jan 1 (SocialNews.XYZ) The world’s five largest listed oil companies are expected to reward their investors with record payouts…

2 years ago



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