Markets

REC share sale subscribed five times, nets Rs 1,560 cr

The public issue of Rural Electrical Corporation (REC) was fully subscribed in the first hour of bidding on Wednesday — a record for any government...

Midcap stocks to bet News

Srei Equipment Fin to raise R500 crore via public issue of NCDs

Srei Equipment Finance (SEFL) is planning to raise up to R500 crore through a public issue of secured redeemable non-convertible debentures (NCDs)...

Srei Equipment Fin to raise R500 crore via public issue of NCDs

Buy DRL as UCB buy incrementally positive

Reiterate ‘buy’ on Dr Reddy's Laboratories and value the stock at 20x FY17 EPS forecast of Rs 177.5, which derives a target price of Rs 3,532.

Buy DRL as UCB buy incrementally positive

Downgrade TechM; growth in telecom biz may turn soft

Lower Tech Mahindra (TechM) to ‘neutral’ (earlier 'buy') with a revised target price of Rs 660 (earlier Rs 775) as we expect...

Downgrade TechM; growth in telecom biz may turn soft

MFs see Rs 1-lakh-cr outflow in March

The Indian mutual fund industry witnessed net outflows of over R1.09 lakh crore in March, largely due to the huge redemption from liquid and income funds.

Mutual Funds, sensex News

Minimum of Rs 50,000 fine for firms failing to comply with women director norms

Sebi announced a minimum Rs 50,000 penalty on companies for failure to appoint a woman director till June 30, 2015, the regulator said in a circular.

Minimum of Rs 50,000 fine for firms failing to comply with women director norms

Centre tough on delay in rice supply to central pool

Concerned that the Food Corporation of India's actual stocks at times happen to be up to a quarter less than on record owing to the huge...

Centre tough on delay in rice supply to central pool

RINL seeks to import iron ore

Floats a global tender asking for EoIs from major producers

RINL seeks to import iron ore

Cane arrears touch Rs 3k-cr mark in Maharashtra

Cane arrears in Maharashtra are mounting up. The arrears in the state have touched the R3,000-crore mark leaving millers a worried lot.

Cane arrears touch Rs 3k-cr mark in Maharashtra

129 MT iron ore lying at mine heads: FIMI

Higher export duty coupled with subdued global prices led to an unprecedented 129 million tonne of pile-up of iron ore stocks at the mine heads, miners' body FIMI...

129 MT iron ore lying at mine heads: FIMI

Deep-sea fishing: Workers observe strike in Kerala

Protesting against the move to allow more vessels for deep-sea fishing as per the recommendations of the Meenakumari Commission...

Deep-sea fishing: Workers observe strike in Kerala

Gold remains weak on global cues, subdued demand

Gold prices fell by Rs 80 at Rs 27,150 per 10 grams at the bullion market today amid a weak trend overseas.

Gold import News

Rural Electrification Corp share sale subscribed more than twice

A sale of shares in India's state-run Rural Electrification Corp Ltd worth up to $250 million has been subscribed nearly two-and-a-half times

derc News

Sensex rises for 4th straight day; up 191 points

BSE Sensex ended over 190 points higher at 28,707.75, mainly led by gains in Reliance, Infosys and Coal India amid sustained foreign fund inflows.

market News

Yields to harden ahead of RBI auction

Bond market traders, however, cheer efforts towards deepening the market through structural changes

Yields to harden ahead of RBI auction

MFIs cheer RBI move to hike lending cap; SKS Microfinance surges 9%

The microfinance industry on Tuesday welcomed the RBI’s move to raise the lending caps for the sector to R1 lakh from the existing Rs 50,000...

MFIs cheer RBI move to hike lending cap; SKS Microfinance surges 9%

Smart recovery on Street after wild swings, but bank & realty stocks sulk

While all rate-sensitive stocks bore the brunt, real estate was the worst performer among BSE indices

Smart recovery on Street after wild swings, but bank & realty stocks sulk

Wheat output likely to decline 4-5% this year

Rains damage crop in 6.2 mh; production may decline further

Wheat output likely to decline 4-5% this year

Nalco issue: Modi seeks Odisha CM’s intervention

Prime Minister Narendra Modi has sought intervention of Odisha chief minister Naveen Patnaik to resolve problems being faced by central PSU...

Nalco issue: Modi seeks Odisha CM’s intervention

CCI procurement slows as cotton prices increase

Cotton prices have improved by R500-700 per bale in the past week leading to weaker procurement by the Cotton Corporation of India...

CCI procurement slows as cotton prices increase

Gold, silver prices ease on low demand, global cues

Gold prices fell by Rs 20 per 10 grams at the bullion market today due to slackened demand from jewelers and retailers.

gold price News

RBI policy fails to cheer markets; Sensex ends flat

After flipping between positive and negative zones, the benchmark BSE Sensex today settled with a marginal rise of 12 points at 28,516.59...

Midcap stocks to bet News

Most IPO investors lost money; valuations far from ‘fair’: Study

A staggering 60 per cent of the investors who bought shares in initial public offerings have lost their money.

Bhushan Steel share price, Sensex News

Govt to sell 5% REC stake tomorrow

The government will sell 5% stake in state-owned financing company Rural Electrification Corporation...

Govt to sell 5% REC stake tomorrow

FPIs to take on govt over MAT woes

Tax department issues notices to 100 FPIs; more foreign funds to follow suit

Minimum alternate tax for FII News

Buy Bharat Forge with target price of Rs 1,350

Heavy commercial vehicles (HCV) which is the main market for Bharat Forge amounting for 40% of its standalone revenues...

Buy Bharat Forge with target price of Rs 1,350

Overweight Sun Pharma on earnings momentum: Morgan Stanley

Sun is preparing for the transition to the next level – specialty business; meanwhile, it continues to expand...

Overweight Sun Pharma on earnings momentum: Morgan Stanley
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