Central Bank to sell two NPAs worth Rs 251 crore

The bank is one of the five lenders who continue to remain under the Reserve Bank’s PCA framework.
central bank, cenrral bank of india, marlets, stock markets, banking sector, banking industry News

Infosys Rating: Margin miss was key disappointment

Growth outlook remains positive; estimates cut to reflect lower margin over FY20-21; TP revised to `835; ‘Buy’ maintained.

infosys, infosys ratings, stock markets News

Avenue Supermerts Rating: Emerging headwinds are a concern

Valuations are not factoring in changing scenario; initiated with ‘UW’ and TP of Rs 1,120

rupees, economy, stock markets, retail industry News

Bharti Airtel’s Rs 25,000 crore rights issue opens on May 3; all you need to know

Telecom major Bharti Airtel’s Rs 25,000 crore rights issue will open on May 3, the company said in an exchange filing. It will close on May 17 as the board of directors,in a meeting held today, appr

Markets News

Gold loses shine: Yellow metal import falls in FY19; key reasons

In what may cap current account deficit, the gold imports fell by nearly three per cent in value terms FY19, data from the commerce ministry showed.

Gold, सोना, गोल्ड, Gold Return, Gold Prices, Diwali Return In Gold, दिवाली तक सोने में रिटर्न, Gold Safe Haven, Physical Buying, Equity Market News

After TCS stellar Q4 results, should you buy the stock? What brokerages say

After India's biggest tech giant TCS reported the strongest revenue growth in the last 15 quarters, analysts say that the firm has been raising the bar for its peers in the industry.

TCS, TCS Q4, IT Company, TCS Stock Performance, Stock Market, Brokerage On TCS News

Mutual fund managers lapped up stocks from these sectors in March

Ahead of the poll season even as the stock market zooms to fresh record high levels, mutual fund managers are loading up on a few sectors including banks, software and consumer non-durables, according

value investing, stock market, stock market investment, how to make money in stock market, Ben Graham, Warren Buffett, News

Rakesh Jhunjhunwala says time has come to reap Modi’s GST, demonetisation dividends

The negative effects of GST and demonetisation are over and the time has arrived to reap dividends of the economic reforms brought by the Modi government, big bull Rakesh Jhunjhunwala said.

Markets News

Markets to remain volatile ahead of election results, here’s what UTI AMC fund manager says

The fixed income products may see volatility on account of the ongoing general elections, says Ritesh Nambiar of UTI AMC.

CaFE Invest News

Dividend payout, L&T’s open offer makes Mindtree good bet for investors; here’s what brokerage says

Robust dividend payout and open offer by infra major L&T makes Mindtree stock a good bet for the investors in the near term, a brokerage said in a report.

Mindtree board proposes special dividend of Rs 20/share amid L&T takeover bid News

BSE, NSE closed today on account of Good Friday; RIL results, Wipro buyback and other highlights from the week

The Indian stock markets BSE, NSE will be closed today on the occasion of Good Friday. We take a look at key highlights from the week including RIL results and Wipro buyback.

sensex, nify, stock market, bse, nse News

Uber’s self-driving arm gets $1 billion investment ahead of IPO

The deal will help Uber, which tallied a $3 billion operating loss last year, to continue funding a very costly endeavor.

Markets News

PM-Aasha: Govt procurement of pulses and oilseeds touched only about 5% of target under the scheme

While on the face of it this seems to have cast a shadow over the efficacy of the scheme, government officials claim that the renewed government commitment to make market intervention under PM-Aasha i

Govt procurement of pulses and oilseeds touched only about 5% of its target under the scheme up to April 11; to continue only till June 30 News

Stock corner: Maintain ‘Buy’ on JSPL with revised target price of Rs 225 – Edelweiss

JSPL has achieved Q4FY19 production/sales volume (highest ever) of 1.5mt/1.45mt. After near stagnant sales volumes over FY15-18 at 3.1-3.8mt, FY19 sales volume at 5.12mt translates in to a 36% y-o-y g

Maintain ‘Buy’ on JSPL with revised target price of Rs 225 (Representational image) News

Stock corner: Reiterate ‘Buy’ on SpiceJet with target price of Rs 175

Lenders hopeful of recovering at least a part of their an over Rs 8,000-crore exposure to Jet Airways continue to work to resolve the beleaguered airline’s woes by trying to bring in new investors.

Stock corner: Reiterate ‘Buy’ on SpiceJet with target price of Rs 175 News

Sugar technologists seek hike in MSP to Rs 3,600/quintal

The Sugar Technologists Association of India ( STAI) has suggested that the government should set the minimum support price (MSP) for the sweetener to Rs 3,600 per quintal from Rs 3,100 per quintal to

Sugar technologists seek hike in MSP to Rs 3,600/quintal News

Neogen Chemicals plans to raise Rs 132 crore from IPO

Neogen Chemicals, a manufacturer of bromine and lithium-based speciality chemicals, proposes to open its initial public offering (IPO) of equity shares on April 24. It plans to raise up to Rs 132.35 c

Neogen Chemicals plans to raise Rs 132 cr from IPO News

SIP investments flying high: Contributions surge 38% in FY19 to Rs 92,693 crore; 4 key highlights

There has been growing popularity of investing via Systematic Investment Plans, with total amount invested through SIPs registering a robust 38% on-year jump to Rs 92,693 crore.

Markets News

Wipro’s Rs 10,500 crore share buyback: Should you go for it or give it a miss?

After India’s major IT firm Wipro announced a mega share repurchase program for up to Rs 10,500 crore, experts say the buyback provides a good opportunity for investors, as the price represents a he

Markets News

Why Rakesh Jhunjhunwala sees opportunity in PSU stocks; here are other top picks

While Sensex and Nifty continue their robust run, ace investor Rakesh Jhunjhunwala says that this is one of the most despised rally, as participation remains low. We take a look at why he's bullish on

Markets News

Reliance Industries Q4 results today; here’s what brokerages say

Oil-to-telecom major Reliance Industries will announce its Q4FY19 results after market hours Thursday.

Eight of top-10 cos add Rs 90,845 cr in m-cap; RIL tops chart News

Post-election hangover looms over Rupee; history shows how ‘sell in May’ hits Indian currency

Still, the German-based bank predicts India’s currency will weaken to 72 per dollar by year-end, Chief India Economist Kaushik Das wrote in a research note.

Markets News

Share market highlights: Sensex ends 136 points down, Nifty above 11,750; Jet Airways plunges 34%

Share market highlights: After surging to new highs, the Sensex and Nifty remain choppy in the afternoon trade on Thursday. The Sensex closed 136 points down to 39,140, while Nifty ended above the 11

The BSE Sensex can be tracked for specific months before and after the elections to ascertain any such patterns. (Representational image) News

Oil prices extend losses despite surprise drop in U.S. inventories

U.S. West Texas Intermediate (WTI) crude futures were at $63.67 per barrel, down 9 cents, or 0.1 percent, from their previous settlement. WTI closed the last session down 0.5 percent.

Commodities News
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