Markets

PE Play: Carlyle eyes PNB’s stake in PNB Housing Finance

Carlyle Group is seeking to double its holding in mortgage lender PNB Housing Finance, people familiar with the matter said, reversing an earlier attempt to pare its stake in the company.

Khadim India: Retain ‘buy’ with TP of Rs 675

To revive growth, company has initiated measures like higher media spends, product launches at lower price points and enhanced focus on digital channel.

Analyst Corner: Maintain ‘buy’ on Dabur with price target of Rs 460

Our recent meeting with Dabur's management team reiterated steady demand scenario and firm's improving execution. Amidst increasing to steady market share and waning intensity from Patanjali, Dabur ex

Whopping Rs 1046 crores! What political parties have collected via electoral bonds

Political parties have raked in almost Rs 1,046 crore through electoral bond so far since its inception this year, minister of state for finance P Radhakrishnan told the Rajya Sabha on Tuesday.

As IPOs dry up, Sebi chief asks i-bankers to get pricing right – All you need to know

The chief of markets regulator Sebi on Tuesday expressed concerns about the slow pace of initial public offerings (IPOs) hitting the market this year and asked investment bankers to play a key role on

Detailed Sebi guidelines on side-pocketing soon

The regulator will also soon bring out a consultation paper on uniform valuation methodology for pricing of corporate bonds.

Moderate LNG prices to help urea players, says report

ICRA reports that imported R-LNG prices had been on an uptrend driven by strong Chinese demand as the country partly replaced coal with natural gas as a key source of energy to combat pollution.

‘Copper production to rise on Sterlite unit reopening’

Given the fall in production can be limited with the possible resumption of the Tuticorin smelter, the rating agency said it had revised estimates.

Prices above MSP: Only 1L bales cotton bought this year

The Cotton Corporation of India (CCI) has procured over one lakh bales in the current season till date. Last season, the corporation had procured over 4 lakh bales by this time.

One-rupee gold lures Indians as sellers seek to boost demand

Indians are buyinG gold for as little as one rupee (1 cent) as retailers offer online sales in bite-sized portions to prop up shrinking demand in the world’s second-biggest consumer.

Yes Bank sells over 2% stake in Fortis Healthcare

Private sector lender Yes Bank said it has sold over 2 per cent stake in Fortis Healthcare Ltd (FHL) in tranches.

Mukesh Ambani’s RIL in talks with Saudi Arabia for new refinery, petrochemicals projects

Reliance plans to expand its only-for-exports SEZ refining capacity to just over 41 million tonnes from current 35.2 million tonnes but does not have any plans to set up a new refinery in the country.

IL&FS group companies climb up to 10 per cent on divestment initiative to raise funds

IL&FS Investment Managers was trading 9.86 per cent higher at Rs 7.02 at 1230 hours on BSE, IL&FS Transportation Networks Ltd (ITNL) rose 5 per cent to Rs 11.55 and IL&FS Engineering and Construction

Here’s how to get refund on unclaimed dividends on your physical shares in four easy steps

In the case investors who hold physical shares have not claimed dividend for seven consecutive years, the shares will be transferred to IEPF (Investor Education and Protection Fund) account. We bring

Buying gold for just 1 rupee! Indian jewelers selling bite-sized portions online to prop up demand

Meanwhile, benchmark gold futures in Mumbai are set to post a third year of annual gains in 2018 aided by a weaker rupee, which fell to a record low earlier this year.

Authorities wrong in dubbing onion produce as ‘low quality’: Nashik farmer who sent Rs 1,064 to Modi tells PMO

The farmer from Nashik, who had sent his onion sale earnings to the Prime Minister's Office (PMO) to highlight low returns, has alleged that the district authorities wrongly described his produce as o

Warren Buffett advises investors to read this India-born poet’s masterpiece to overcome stock market jitters

After stellar Sensex and Nifty gains last year, even as a tumultuous 2018 comes to an end Berkshire Hathaway founder Warren Buffett has an advice for the investors.

Rupee opens 22 paise up ahead of Fed monetary policy decision

Rupee opened 22 paise higher against the US dollar in the early trade on Tuesday ahead of Federal Reserve monetary policy decision.

US dollar on back foot before Fed, markets eye policy outlook

China is also scheduled to hold its annual Central Economic Work Conference this week.

Crude oil prices fall 1 percent amid supply glut worries

Inventories at the U.S. storage hub of Cushing, Oklahoma, rose by more than 1 million barrels from Dec.

Asia stocks slide as global growth worries deepen

In addition, the National Association of Home Builders Housing Market Index indicated U.S. homebuilder sentiment had fallen to a three-and-a-half-year low.

US STOCKS – S&P 500 hits 14-month low on economic jitters ahead of Fed meeting

The S&P 500 hit its lowest since October 2017 to breach lows reached during its sell-off in February, having wiped out about $3.4 trillion of market value since late September.

Petrol prices up for fourth time in 6 days; diesel rates also surge; petrol selling for Rs 70.63 in Delhi

Petrol, diesel prices today: The oil marketing companies on Tuesday once again hiked prices of both petrol and diesel prices in the four major cities. While petrol is selling for Rs 70.63 per litre, d

Share market highlights: Sensex ends 77 points up, Nifty surges past 10,900; Sun Pharma zooms 3%

Share market Highlights: After opening lower tracking Asian and US markets, Sensex and Nifty reversed losses in the afternoon trade, led by a rally in the shares of Sun Pharma and Vedanta. The 30-shar

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