Category: Uncategorized

[ad_1] BSE is launching contracts in options on futures in precious metals and energy (WTI crude oil and Brent crude oil) contracts and futures contracts on base metals like copper, zinc, aluminium on October 9. These commodity contracts will provide market participants, particularly corporates, value chain participants and foreign portfolio investors, an efficient way to […]

[ad_1] The six-member monetary policy committee (MPC) unanimously voted to keep the policy repo rate on hold at 6.50 per cent to tackle retail inflation, which is still above its upper tolerance level of 6 per cent, as per the latest reading amid a patchy South-West monsoon, and rising oil prices. This is the fourth meeting […]

[ad_1] The Securities Appellate Tribunal (SAT) on Thursday quashed the insider trading order against former NDTV promoters Prannoy Roy and Radhika Roy. The order, issued by the market regulator in 2020, found that the Roys had traded while in possession of price-sensitive information, and directed them to disgorge the unlawful gains, and prohibited them from […]

[ad_1] The stock of Arvind Ltd has been on an uptrend since April this year. It found support at ₹80 and then established an uptrend. In August, it surpassed a resistance at ₹150 and a couple of days ago, it broke out of another barrier at ₹180. So, even though there was a minor decline […]

[ad_1] Fineotex Chemical Limited has been granted accreditation by the National Accreditation Board for Testing and Calibration Laboratories (NABL) for its laboratory located at Sasmira Institute, Worli, Mumbai.  NABL, an Indian accreditation body, evaluates and accredits laboratories to ensure they adhere to international standards of quality and competence. The accreditation affirms that Fineotex Chemical’s laboratory […]

[ad_1] Tata Technologies, a subsidiary of Tata Motors (TML), has reserved a portion of its initial public offering for its employees and TML shareholders, following a board resolution to this effect on September 6. The portion reserved for employees will constitute up to 0.5 per cent of the post-offer paid-up equity share capital, while that […]

[ad_1] Juniper Hotels Ltd, which runs the “Hyatt” brand, has filed a draft red herring prospectus with regulator SEBI to raise Rs 1,800 crore. The company’s maiden public issue will be an entirely fresh issue of equity shares with no Offer-for-Sale (OFS) component. The issue is being made through the book-building process, wherein not less […]

[ad_1] Diesel sales in India fell 3 per cent in September as a receding monsoon continued to dampen demand and slowed industrial activity in some parts of the country, preliminary data of state-owned firms showed. While diesel sales by three state-owned fuel retailers fell year-on-year, petrol sales rose in September. Consumption of diesel, the most […]

[ad_1] After sustained buying in the last six months, FPIs have turned net sellers and pulled out of over ₹14,767 crore from Indian equities in September, primarily due to dollar appreciation, steady rise in the US bond yields, and a spike in crude oil prices. Going forward, the outlook for FPI flows in India is […]

[ad_1] There are many similarities between ICICI Bank and Axis Bank. For one, they were once known as corporate loan-heavy banks. In 2015, when the asset quality issue hit the sector, both were the most impacted among the private sector banks. Around the same time, ICICI and Axis saw changes in leadership. What was possibly […]