Zomato stock dips nearly 3% after CCI’s probe order

Zomato stock dips nearly 3% after CCI’s probe order

[ad_1] Zomato’s shares were trading at ₹83.70 on Tuesday morning. It currently sits on a market cap of ₹66,084 crore ($8.7 billion). Zomato’s shares have fallen over 33% since its listing in July 2021. The share price of Zomato dipped nearly 3% on Tuesday morning, a day after the Competition Commission of India (CCI) decided […]

Midcap, smallcap stocks could be in focus in RBI policy week

Midcap, smallcap stocks could be in focus in RBI policy week

[ad_1] Indian equity markets kick off FY23 on a strong note thanks to easing crude oil prices, some positive news flows on the Russia-Ukraine front, some buying by FIIs, continuous support by DIIs, and a pick up in industrial activities. Global markets are stable however there is still no clarity about the geopolitical situation while […]

Rakesh Jhunjhunwala’s portfolios witness strong gains in FY22, rises by 38% QoQ

Rakesh Jhunjhunwala’s portfolios witness strong gains in FY22, rises by 38% QoQ

[ad_1] While markets struggled between escalated geopolitical tensions, mounting inflation, soaring commodities prices, a strong spike in appetite for havens, a firm dollar, and a trajectory for monetary policy tightening since late February, Jhunjhunwala’s portfolio garnered a robust uptick. Jhunjhunwala’s portfolio has increased by a whopping 38% on a quarter-on-quarter basis, while the gains were […]

Oil remains India’s Achilles heel: Parekh – Times of India

Oil remains India’s Achilles heel: Parekh – Times of India

[ad_1] Deepak Parekh, chairman of HDFC, has been part of the financial sector for over four decades and has been the voice of reform. Having interacted with international investors over business cycles, Parekh has a good idea of the opportunities and risks that India faces because of global factors. In an interview with TOI, Parekh […]