corporates-markets News

About 2 months ago

Quick view

Reversing a seven-day losing trend,the BSE benchmark Sensex on Tuesday rebounded from four-month low levels to end 23.11 points up at 18,704.53 on good buying in HDFC, ITC, Bharti Airtel and HUL shares in choppy trade.

About 2 months ago

ZIL promoters banned from markets for fraudulent practices

The Securities and Exchange Board of India has restrained the promoters of Zenith Infotech from buying, selling or dealing in securities in any manner whatsoever, till further directions.

About 2 months ago

L&T valuations attractive on bid to expand insurance biz

Larsen & Toubro, Generali Group and Future Group have signed a non-binding term sheet for the merger of L&T General Insurance Company and Future Generali India Insurance.

About 2 months ago

Shares of three PSU lenders fall on Moody’s downgrade

Ratings agency Moody's Investors Service on Monday downgraded the standalone bank financial strength ratings of three public sector lenders on concerns over asset quality, profitability and capitalisation levels.

About 2 months ago

SAT adjourns hearing on Sahara’s petition against Sebi till Apr 13

The Securities Appellate Tribunal (SAT) on Tuesday adjourned its hearing on the plea of Sahara Group chief Subrata Roy against market regulator Sebi’s attachment order of his bank accounts and other assets, along with those of two group firms and their top executives, till April 13.

2 months ago

Quick view

After rising 215 points in early trade on positive global cues after Cyprus clinched a bailout, the Sensex on Monday reversed gear on worries over domestic political developments with the index ending with a 54.18-point loss at 18,681.42, extending losses to the seventh day.

2 months ago

Maintain sell on Nestle

We maintain ‘sell’ on Nestle with a target price of Rs4,430 as we foresee moderating growth in the near term, while stock valuations are coming off — relative valuation to the sector average is at ~1.1x (versus peak of ~1.5-1.6x last year).

2 months ago

New fund offers of RGESS schemes get dismal response

New schemes launched under the Rajiv Gandhi Equity Savings Scheme platform have got a dismal response as the delay in final notifications and requirements, such as opening of a new demat account, has deterred investors from putting money into the scheme.

2 months ago

Algo trading turnover at a historic high on popularity

With increasing volatility in the equity markets and stiffening competition among brokerages, more and more institutions are adopting technology to use algorithmic and high frequency trading to stay in the race.

2 months ago

Share of p-notes highest since Oct

The share of participatory notes in India saw an increase in January with their exposure in the cash segment touching the highest level since October last year.

2 months ago

FIIs invest $10 bn in record time

Foreign institutional investors (FIIs) that are often considered to be the prime drivers of a stock market rally in India have put in more than $10 billion in equities in the current calendar year.

2 months ago

Real estate firms under Sebi lens for breaching CIS rules

Suspecting investor fraud in the projects being launched by real estate developers, capital markets regulator Sebi is probing them for possible violations of Collective Investment Scheme regulations.

2 months ago

CII bats for more safeguards in Competition Amendment Bill

Raising concerns over certain aspects in the Competition Amendment Bill, 2012, the Confederation of Indian Industries has batted for more safeguards to be put in place while expanding powers of the Competition Commission's director-general to carry out search and seizure.

From Front Page About a day ago

RIL-BP make huge gas discovery in KG-D6

Reliance Industries on Friday announced a huge natural gas discovery

From Back Page About a day ago

Nissan recalls 22,188 units of Micra & Sunny to fix brakes

Even as Toyota Kirloskar is expected to announce a fresh vehicle recall this weekend, Nissan India has said it is recalling 22,188 units of the Micra hatch and Sunny sedan models to fix a problem with the brake system. This is part of a global recall for the same two models, affecting 67,089 units in all.