MF small-cap schemes plunge into the red as market trembles

MF small-cap schemes plunge into the red as market trembles

[ad_1] The rout in the small- and mid-cap stocks so far this month has shaved off 2-5 per cent of investors’ wealth in mutual fund schemes, following a tepid performance in February. Small-cap stocks have been under pressure ever since market regulator SEBI expressed concern about froth in the space, with steady inflows in mutual […]

Uno Minda signs technical license agreement with Starcharge Energy

Uno Minda signs technical license agreement with Starcharge Energy

[ad_1] Uno Minda Ltd has signed a technical license agreement with Starcharge Energy Pte. Ltd to manufacture and sell electric vehicle supply equipment (EVSE) in India. Nirmal K Minda, CMD, Uno Minda Group, said, “Uno Minda is proud to announce the expansion of its electric vehicle (EV) portfolio into the passenger car segment through this […]

Midcap Opportunities in Current Sell-Off: HSBC Global Research

Midcap Opportunities in Current Sell-Off: HSBC Global Research

[ad_1] HSBC Global Research prefers large-caps but sees opportunities in the current mid-cap sell-off too. The research house remains constructive on the broader market and ruled out any deep sell-off in mid-caps from current levels. It said that mid-cap valuations had come down to the five-year mean and that the mid-cap market breadth had declined […]

Subhash Chandra gets relief against SEBI’s summons

Subhash Chandra gets relief against SEBI’s summons

[ad_1] Market regulator SEBI has given an undertaking in the Bombay High Court that it will not take any action against Subash Chandra for a period of three weeks. Chandra had filed a writ petition against SEBI’s summons in a case related to alleged siphoning of funds. Ravi Kadam, the lawyer appearing for Subhash Chandra, […]

Jindal Stainless partners with JBM Auto to roll out 500 energy-efficient electric buses 

Jindal Stainless partners with JBM Auto to roll out 500 energy-efficient electric buses 

[ad_1] Stainless steel manufacturer Jindal Stainless Ltd (JSL) has partnered with electric bus manufacturer JBM Auto Ltd, to roll out over 500 energy-efficient and light-weight stainless steel electric buses. The material will be supplied to JBM Auto through Jindal Stainless’ domestic service arm, Jindal Stainless Steelway Ltd (JSSL). The JT Tubes, provided by JSSL, will […]