PTI | January 15, 2018 7:43 PM
Casual dining chain Barbeque-Nation Hospitality has received markets regulator Sebi’s approval to raise an estimated Rs 700 crore through initial public offering (IPO).
PTI | January 15, 2018 6:19 PM
Investments by private equity/venture capital firms touched a record in 2017 at $26.8 billion, as against $16.2 billion in 2016, and pulled out a record $13 billion from the country, says a report.
Newgen Software Technologies Initial Public Offer for Rs 400 crore kicks off today: 5 key things to knowFE Online | January 16, 2018 11:13 AM
New Delhi based IT firm Newgen Software Technologies’ Initial Public Offer (IPO) to raise up to Rs 424 crore opens for subscription today. While investors may be mulling whether to subscribe to the issue, we take a look at four key details, and what brokerages have to say about the issue.
PTI | January 15, 2018 5:27 PM
Diesel prices have touched a record high of Rs 61.74 per litre and petrol prices have crossed Rs 71 as international oil rates continue to rally.
Gold gets costlier by Rs 500 in 10 days, silver coins price rises Rs 1,000 as wedding buying continuesFE Online | January 15, 2018 5:02 PM
Gold became costlier by Rs 500 per 10 grams in the last 10 days while silver coins price saw a rise of Rs 1,000 at the bullion market of national capital Delhi as wedding season buying grows.
PTI | January 15, 2018 5:02 PM
Life Insurance Corporation has sold a little over 2 per cent stake in drug and chemical firm Merck Ltd through an open market transaction.
Abhijeet Singh | January 15, 2018 4:10 PM
A sharp rise in the shares of HDFC twins, ICICI Bank steered Dalal Street to conclude at all-new record highs on Monday with Sensex gaining 251 points at closing while Nifty concluded at a record high of 10,741.55.
PTI | January 15, 2018 4:06 PM
Looking to recover over Rs 7,000 crore of investors’ money, markets regulator Sebi has lined up as many as 11 properties of Pancard Clubs and its late CMD for an online auction next month at a total reserve price of Rs 253 crore.
PTI | January 15, 2018 3:46 PM
Private equity firms invested $23.8 billion across 591 deals in 2017, making it the biggest year for PE investments in India, says a report.
FE Online | January 15, 2018 3:36 PM
Shares of HDFC jumped over 7% to hit an all-time high with its market cap crossing Rs 3 lakh crore on Monday. With a huge appreciation in market cap, HDFC became the fifth-largest company on Indian bourses today surpassing Maruti Suzuki and HUL.
FE Online | January 19, 2018 11:24 PM
Budget 2018: Amid talks of the government looking to tweak rules of capital gains tax on equity in the upcoming Union Budget 2018, top banker Uday Kotak says that the centre should look to raise the holding period for gaining tax exemption on equities to two years.
FE Online | January 15, 2018 2:12 PM
Indian stock markets are making and breaking record highs day after day with Sensex and Nifty hovering near lifetime peaks on Monday after surging over 1% each. Amid the high-rise in the Indian equities, we take a look at a small-cap stock below Rs 50 gained 20% today.
Reuters | January 15, 2018 1:59 PM
Gold prices touched their highest in more than four months on Monday, buoyed by a weaker U.S. dollar, which slumped to three-year lows against a basket of currencies.
Bloomberg | January 15, 2018 1:58 PM
A video of Ip, a power sector analyst at Daiwa Capital Markets Hong Kong Ltd., dancing to a song by the South Korean boy band Big Bang went viral among the city’s finance industry workers on Friday.
FE Online | January 15, 2018 12:49 PM
Investors enjoyed a joy ride in 2017 mounting over the record-breaking IPO (initial public offering) rally along with record high share buybacks which also helped substantially to book profits.
Bloomberg | January 15, 2018 12:42 PM
On a day when billions in profits and losses would be determined by split-second trades, the salaried professionals of Japan’s financial markets were glued to their news terminals. Another group was staring at the feed of an anonymous Twitter account.
Abhijeet Singh | January 15, 2018 11:30 AM
India’s stock markets extended their record-breaking rally on Monday with Sensex hitting a lifetime peak of 34,963 and Nifty index just away 18 points from hitting 10,800.
PTI | January 15, 2018 10:43 AM
Market regulator Sebi has approved appointment of Vijay Kumar as Managing Director and CEO of the country’s largest agri-commodity bourse NCDEX, a top official of the exchange said.
PTI | January 15, 2018 10:22 AM
Indian stock market is expected to be more volatile in 2018 compared to last year due to global headwinds like tightening of monetary stance by major central banks and increasing crude oil prices, as per industry chamber Assocham.
FE Online | January 15, 2018 10:06 AM
The Indian rupee gained as much as 26 paise in the early morning trades against the US dollar on Monday on the back of positive cues from Sensex and Nifty hitting fresh record highs.
Q3 results optimism uplifts market to fresh records: Sensex jumps 209 points, Nifty crosses 10,700 for first timeAbhijeet Singh | January 15, 2018 9:42 AM
India’s stock markets started on a positive note on Monday with Sensex and Nifty hitting all-new record highs on the back of third-quarter earnings optimism and positive global cues led by a continuous upsurge in American stock markets.
FE Online | January 15, 2018 9:41 AM
Even as private sector lender IDFC Bank and Capital First, a leading provider of debt to micro, small and medium enterprises and retail consumers, have agreed to merge their businesses, we take a look at what top brokerages have to say about the deal.
Shares of Airtel, HDFC, RIL, Infosys, IDFC Bank, Capital First, Idea, Federal Bank, Shoppers Stop in focus todayFE Online | January 15, 2018 9:01 AM
Indian stock markets are likely to open on a higher note following the third-quarter earnings optimism and another record closing on Wall Street on Friday last week.
FE Online | January 15, 2018 7:50 AM
Country’s top banker Uday Kotak has cautioned over the recent surge in stocks. The Vice-Chairman of Kotak Mahindra Bank has said that massive amount of Indian savers’ money has been going into a few hundred stocks.
Bhavik Nair | January 15, 2018 5:50 AM
An interesting point to note here is the movement in the cost of financing from the time when many of these bonds were issued. For example, State Bank of India’s London branch priced a five-year dollar bond in April 2013 at a spread of 255 basis points over the five-year US Treasury yield.
A positive impact of the lower crop prices is that the NDA government has managed to more or less contain the food price inflation (though these have recently risen partly due to seasonal factors and unfavourable base), unlike in the UPA regime, which saw inflation skyrocketing.
Reuters | January 15, 2018 5:39 AM
Asian shares hit historic highs on Monday as Wall Street extended its record-breaking run, while the U.S. dollar remained on the defensive as investors priced in the risk of tighter policies elsewhere in the rich world.
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