Brokerages expect a sequential improvement in margins
While the Covid-19 period saw CEO transitions take a back seat, Jefferies said that businesses are now dealing with changed macro / geopolitical situations
The gains come on the back of strong inflows from foreign portfolio investors
"The respondent, in response to the aforesaid queries, informed that the information sought is not available with Sebi," noted the Appellate Authority under the RTI Act
In 2021-22, mutual funds (MFs) added over 4 million new investors, taking the total unique investor count to 37.7 million
For farmers though, this wild fluctuation in prices in the last few months is doing more harm than good
TCS Q4 results review: Going ahead, most brokerages expect an inevitable slowdown for the company in the near-to-medium term
In interim order, regulator says company painted a 'rosy picture' of its financial statements
This came after Goenka proposed to the Securities and Exchange Board of India (Sebi) to settle the proceedings "without admitting or denying the findings" through a settlement order
"In our opinion, the penalty imposed is excessive and disproportionate to the violation and is also discriminatory," the tribunal said in its ruling on Tuesday
According to Reuters, the RBI is evaluating at least five potential bidders interested in picking up a majority stake in state-owned IDBI Bank Ltd
CLOSING BELL: IDBI Bank shares, too, surged 10 per cent after a Reuters report said the RBI has begun evaluating at least five potential bidders interested in picking up a majority stake in the lender
Thus far in CY23, the stock has outperformed the market on the expectation of a sustained healthy performance ahead, supported by a steady volume growth
The RBI approval removes a key overhang and will now shift the focus to the fundamental performance of the bank
Given the increase in incomes and savings, the management believes there is significant untapped market for the wealth management sector
Analysts anticipate residential sales momentum will remain healthy amid sustained demand and new launch offtake, despite rate hikes.
HDFC Bank preview: Near-term focus, analysts said, would be the status of the merger with HDFC Ltd
Apar Industries hit a new high today on the favourable medium-term demand outlook with increased demand from the end-users such as the power, infrastructure, railways, defence and marine sectors.
Domestic sugar stocks may rally up to 25 per cent after crossing key hurdles
Management indicated weakness in the US on account of deferrals in discretionary spending from clients, with the BFS vertical being the most affected