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(Bloomberg) — There are 653 SPACs left in the US after the boom went bust last year. Only one of them still trades at the kind of frothy levels that was common during the height of the go-go days: Digital World Acquisition Corp. Digital World is the Miami-based company that’s planning to merge with Donald […]

MUMBAI : Foreign institutional investors (FIIs) have dramatically squared off their cumulative bearish bets on index futures, Nifty and Bank Nifty contracts, and turned bullish on them in the past two days, raising hope among technical and derivatives analysts that this could add more steam to the 6% rally that got under way at the […]

Result date: 31st October, 2022 Recommendation: Reduce Target price: Rs124 (Source: IIFL Research) Tata Steel is likely to post decline in revenue, both sequentially as well as over the year-ago quarter. The company’s provisional steel production for Q2FY23 stood at 7.51 MT and deliveries stood at 7.09 MT; down 3% and 4% over the year-ago […]

With a market worth of ₹3,079.72 crore, Kewal Kiran Clothing Ltd. is a small-cap business that operates in the consumer-discretionary goods and services (CDGS) sector. Kewal Kiran Clothing Limited (KKCL), one of India’s top manufacturers of branded clothing, specialises in the design, manufacture, and marketing of well-known Indian clothing brands including Killer, Easies, LawmanPg3, and […]

On November 2, the general public will be able to subscribe to the initial share sale of microlender Fusion Microfinance, which is supported by large global private equity firm Warburg Pincus. The promotion expires on November 4. According to the red herring prospectus (RHP), the bids for anchor investors will be accepted starting […]

© Reuters. FILE PHOTO: The Twitter App loads on an iPhone in this illustration photograph taken in Los Angeles, California, U.S., July 22, 2019. REUTERS/Mike Blake/File Photo By Krishna N. Das NEW DELHI (Reuters) -Elon Musk’s takeover of Twitter Inc (NYSE:) will not change India’s expectation that it must comply with the country’s existing and […]

MUMBAI : Equity derivatives volumes on the National Stock Exchange (NSE) hit a record ₹17,350 trillion so far in the fiscal year, led by proprietary and retail investors. This compares with ₹16,952 trillion for the whole of FY22. The number of contracts traded also hit a record 19.58 billion during the period, against 18.6 billion […]

Major US tech companies including Meta, Google and Microsoft posted disappointing quarterly results and/or provided discouraging forecasts which weighed heavily on the session on Wednesday. Earnings remain in focus this week but inflation and future rate hike concerns are still playing in investors’ minds. 27 Oct 2022, 09:35:02 AM IST JSW Steel shines in early […]

Transwarranty Finance Limited operates in the Non-Banking Financial Company (NBFC) sector and is a small-cap company with a market worth of ₹25.93 Cr. Since 1994, Transwarranty Finance Limited (Transwarranty), an Indian company with headquarters in Mumbai, has offered a comprehensive variety of financial and capital market services to more than 1,000 large, small, and medium-sized […]

Amid the festivities, to mark Balipratipada, the fourth day of Diwali, the stock market will be closed for trading on Wednesday. The currency market will also be shut while the commodities market will be closed during the morning session i.e. 9 am to 5 pm but will operate during the evening session — 5-11:30 pm. […]