Hero MotoCorp chairman Pawan Munjal urged the government to reduce goods and services tax (GST) on bikes and scooters from 28% to 18% as it could provide relief to two-wheeler customers across the country.
Due to a meltdown owing to multiple reasons, IPOs have slowed down in 2018 so far. However, in 2017, more companies had lined up for listing, as a newly-listed company gets good valuation in an expensive market
Notwithstanding the volatility in the markets in calendar year 2018, alternate investment funds (AIFs) flows are set to hit a record high this year with commitments worth over Rs 2 lakh crore, and corporate funds worth Rs 1 l
Limaye said despite ETFs being in existence for a long time, the assets linked to equity, debt and commodity ETFs aggregate to around Rs 94,100 crore, with equity ETFs alone having a share of close to 93% in the domestic ETF
While 90% of Nifty small-cap and 77% of Nifty mid-cap stocks have been trading in the red since the beginning of the year, some stocks from export-driven and consumer sector have given returns up to 89.26% in the small and mi
According to a report by the Department of Industrial Policy and Promotion, only 20% of the Indian market is served by Indian toy manufacturers while the rest is served by imported toys from different countries, mainly from C
Shares of interest rate-sensitive stocks ended lower on Friday after the Reserve Bank of India (RBI) kept the benchmark repo rate unchanged at 6.50% during its fourth bi-monthly monetary policy review.
Domestic institutional investors (DIIs) have continued to invest aggressively in Indian equities, pouring a staggering $10 billion so far this year. Total buying by DIIs in equity till August-end stood at $10.25 billion.
With Kerala battling its worst floods in nearly 100 years, banks and tyre manufacturers having exposure to the state have been among the worst hit. Share prices of Kerala-based lenders, rubber manufacturers and other companie
Real estate developer Lodha Group is planning to use proceeds from its upcoming initial public offering (IPO) to repay around Rs 4,500 crore debt, out of the total outstanding debt of around Rs 18,000 crore.
S&P BSE IT has given 20.14% returns since the beginning of the year, followed by BSE FMCG and BSE Finance that gave 4.94% and 1.25% returns respectively. On the other hand, rest other indices have taken a beating in CY18.
Diversified consumer goods maker Hindustan Unilever (HUL) on Thursday briefly became the country’s fourth-largest company in terms of market capitalisation (m-cap), edging past cigarettes-to-soaps major ITC for the first ti