Switch to Hindi Edition


Glenmark Life Sciences files IPO papers with SEBI; plans to sell over 73 lakh shares via OFS

Glenmark Life Sciences Ltd, a subsidiary of Glenmark Pharmaceuticals Ltd, filed a Draft Red Herring Prospectus (DRHP) with the capital markets regulator SEBI for its IPO

Lodha Developers’ Macrotech IPO listing day strategy: Weak subscription disappoints; sell or hold shares?

Macrotech Developers Ltd’s, erstwhile Lodha Developers, on Friday informed that it will list its equity shares on stock exchanges on Monday, April 19, 2021.

Petrol, diesel price today 17 April 2021: Fuel cost steady for 2nd day; check rates in Mumbai, Delhi, UP, Pune

Petrol and Diesel Price Today in India: Petrol and Diesel rate on April 17, 2021, remained unchanged. Rates are highest in Mumbai among metro cities.

Analyst Corner: Upgrade Astral to ‘buy’ with revised TP of Rs 1,663

We expect ASTRA’s earnings to outpace its key peers in FY22 driven by likely least impact of the recent strict restrictions imposed by few states amid the ongoing second Covid wave.

Analyst Corner: Wipro: Maintain ‘buy’ with unchanged TP of Rs 550

The pipeline remains healthy too. All in all, we remain optimistic about the demand environment. Maintain ‘BUY’ with an unchanged TP of `550 as we roll over the valuation to Q2FY23E.

Traders call off raisin auctions in Maharashtra

Last year, raisin auctions had initially gone online in March as a pilot project of eNAM and it had worked for a while until the outbreak of Covid.

BFSI: Momentum revival to reflect in Q4

Asset quality narrative will be key; >60% earnings growth expected for banks ex-Yes

Maharashtra APMCs to continue functioning

Now, vehicles will be allowed to enter the market premises by 10 pm and continue till 10 am, a total of 12 business hours.

Tata Consultancy Services Rating: Buy- A strong performance in the last quarter

Margins at a 5-year high; deal TCV of $9.2 bn augurs well for growth; FY22-23e EPS up 1-2%; TP revised to Rs 3,740; ‘Buy’ retained

Industry body writes to Sebi on speculation in soya prices

The industry body said that it was hard to fathom what has changed so dramatically in such a short period to warrant this unprecedented upswing in prices.

Insurepays hopes to raise $5-7 million in Series A funding

Insurepays currently has 1.6 lakh customers and is looking to increase this to 30 lakh over the next 12-18 months. By that time, it expects its members to have paid Rs 300 crore worth of premiums, Jain said.

Jet fuel price cut by 1 pc

Meanwhile, petrol and diesel prices remained unchanged after the fourth reduction in three weeks on Thursday.

Sensex, Nifty end in green, financial stocks drag market; here’s what analysts make of today’s trade

Headline indices BSE Sensex and Nifty 50 ended flat on the last day of the week after witnessing a volatile trade.

MSCI tweaks methodology ahead of May index review; 3 Adani group stocks could still make the cut

Despite the change, domestic brokerage and research firm Edelweiss Securities believes Adani Total Gas, Adani Enterprises, and Adani Transmission could still make the cut.

Rakesh Jhunjhunwala’s wife cuts stake in VIP Industries, Tata Comm; sells 45 lakh shares in these cos in Q4

Rakesh Jhunjhunwala cut his stake in three firms including Titan Company, VIP Industries and Tata Communications in the January-March quarter of 2021.

Second covid-19 wave unlikely to hurt recovery; brokerages say buy these stocks on correction

Benchmark indices have now corrected a modest 6% from their recent highs but many stocks have undergone a heavy 15-20% decline.

Wipro share price zooms nearly 10% on strong Q4 results; stock may rally another 10% to Rs 515 soon

Wipro share price surged as much as 9.5 per cent to Rs 471.75 apiece, a fresh 52-week high, on BSE on Friday, a day after the IT firm posted the best results in the last 10 years.

Gold prices recover in India, back above Rs 47,000; MCX gold to soon touch Rs 48,850 per 10 gm

Gold prices recovered in Indian markets on Friday, after closing above Rs 47,000 per 10 gram for the first time since February 23, 2021, in the previous session

Rakesh Jhunjhunwala ups stake in MCX, adds 5 lakh shares; Big Bull’s stake now at just under 5%

Big bull Rakesh Jhunjhunwala has increased his stake in Multi Commodity Exchange during the January-March quarter.

Petrol and diesel price today 16 April 2021: Fuel cost unchanged; check rates in Mumbai, Delhi here

Petrol and Diesel Price Today in India: Petrol and Diesel rate on April 16 remained the same as yesterday. Rates are highest in Mumbai among metro cities.