New Delhi, Dec 4 (SocialNews.XYZ) Public sector power major NHPC has signed an MoU with Gujarat Power Corporation Limited for an investment of Rs 4,000 crore in the proposed 750 MW Kuppa Pumped Hydro Storage…
Mumbai, Dec 4 (SocialNews.XYZ) After two days of decline, Nifty on Wednesday regained strength and closed with gains of 141 points (+0.7 per cent) at 21,659 levels, said Siddhartha Khemka, Head of Retail Research at…
Mumbai, Dec 4 (SocialNews.XYZ) The market bounced back on Thursday after two negative trading days led by strong monthly business updates of leading banks, emphasising robust credit growth, said Vinod Nair, Head of Research at…
New Delhi, Dec 4 (SocialNews.XYZ) A predictable market trend is that high valuations will lead to corrections. The unpredictable part is the timing and the trigger for the correction. In the last few days, globally…
New Delhi, Dec 3 (SocialNews.XYZ) The Burman family, which collectively owns 21.24 per cent of Religare Finvest Limited (RFL) through its entities, has raised concerns about the alleged allotment of 8 per cent of RFL…
New Delhi, Dec 3 (SocialNews.XYZ) The approval sought at the AGM of Religare Finvest Limited (RFL) held on September 26, 2023 was to seek enabling approval of shareholders for the proposed grant of ESOPs of…
Mumbai, Jan 3 (SocialNews.XYZ) Muted monthly and quarterly business updates from corporates have dented market sentiments generally, Deepak Jasani, Head of Retail Research at HDFC Securities, said on Wednesday. Nifty closed lower for the second…
Mumbai, Jan 3 (SocialNews.XYZ) Domestic equities continued to witness profit booking on the back of weak global cues and a fall in India’s PMI manufacturing to an 18-month low at 54.9 for December, Siddhartha Khemka,…
Mumbai, Jan 3 (SocialNews.XYZ) In some areas, valuations seem stretched, as seen in the surge of micro-cap stocks and the enthusiasm for new issues, including in the SME sector, Jaykrishna Gandhi, Head of Business Development,…
New Delhi, Jan 3 (SocialNews.XYZ) The value of investments by Private Equity – Venture Capital (PE-VC) firms in India fell by 38 per cent to less than $30 Billion in 2023. PE-VC firms invested $29.7…
New Delhi, Jan 3 (SocialNews.XYZ) The IPO pipeline for 2024 continues to remain strong. 27 companies proposing to raise Rs 28,500 crore are presently holding SEBI approval while another 36 companies looking to raise about…
New Delhi, Jan 3 (SocialNews.XYZ) A total of 57 Indian corporates raised Rs 49,434 crore through main board IPOs in 2023, 17 per cent lower than the Rs 59,302 crore mobilized by 40 IPOs in…
Washington, Jan 2 (SocialNews.XYZ) The US and the global economy may face major challenges in 2024 though they have proved to be surprisingly resilient in the past year. However, the strains of wars, still-elevated inflation…
New Delhi, Jan 2 (SocialNews.XYZ) Shares of VST Industries ended at the upper circuit of 20 per cent on Tuesday after investor Radha Kishan Damani and three mutual funds acquired shares in bulk deals from…
New Delhi, Jan 2 (SocialNews.XYZ) Despite a promising start to the festive season, most sectors, excluding jewellery and travel, seem to have hit the snooze button, as per a report released by HDFC Securities. Several…
New Delhi, Jan 2 (SocialNews.XYZ) Nifty fell for the second consecutive session on Tuesday. At close, Nifty was down 0.35 per cent or 76.1 points at 21,665.8, while Sensex was down 379.46 points at 71,892.48….
New Delhi, Jan 2 (SocialNews.XYZ) Domestic equities had a muted handover from its Asian peers after China released mixed manufacturing data on Tuesday. At close on Tuesday, Sensex was down 379.46 points at 71,892.48, while…
New Delhi, Jan 2 (SocialNews.XYZ) A bearish candle has emerged on the daily Nifty chart, indicating a potential bearish trend in the near future. The sentiment is expected to stay bearish as long as it…
New Delhi, Jan 2 (SocialNews.XYZ) Vodafone Idea on Tuesday denied reports that it is in talks with Tesla and SpaceX CEO Elon Musk for managing its affordable satellite-based Internet service Starlink in India. In an…
New Delhi, Jan 2 (SocialNews.XYZ) In passenger vehicles, despite a strong growth of 15 per cent YoY for UVs, overall PVs remained flat in December YoY due to sluggishness in the entry level segment, says…