The sound health of shadow banks is vital because they form the backbone of the Indian economy in lending to a wide range of borrowers from small merchants to business giants
The new framework is aimed at increasing accountability, addressing conflict of interest, and establishing greater communication between proxy advisors and their clients and the company
Uptick in gold, silver prices help recovery in commodity volumes
Capital allocation and auto segment volume trajectory are the other triggers
Titan reported a 62.3 per cent year-on-year decline in revenue in Q1 at Rs 1,862 crore
The relative valuation of midcaps versus large-caps are at a historically low level, said analysts at Elara Capital.
The company said its board has also given its consent for exploring and evaluating the proposal to create a platform, which will hold rail infra assets and investments in rail entities
Recovery in India business, traction in new launches in the US market are needed to sustain gains
This flood in global liquidity allows us the luxury to look beyond the immediate future i.e. FY21 and focus beyond i.e. FY22.
AIF refers to any fund established or incorporated in India which is a privately pooled investment vehicle that collects funds from sophisticated investors, whether Indian or foreign
While registering the complaints, mandatory details like name of the investors, PAN, contact details and e-mail ID are to be provided for registration
According to the data, mutual funds (MFs) that invest in fixed-income securities saw an inflow of 91,392 crore in July, as compared to Rs 2,862 crore inflow in June
In the international market, gold was trading lower at $1,989 per ounce and silver also witnessed selling and was quoting down at $27.90 per ounce
Among sectoral indices on the NSE, Nifty Bank rallied 1.5 per cent to 22,227.20 and Nifty Metal advanced 1.66 per cent to 2,370.65
All that happened in the markets today
The board of the bank had last month approved the Rs 15,000 crore fund raise plan. The QIP was okayed by shareholders at the annual general meeting held on July 31, 2020
The company's revenue dipped 24 per cent YoY to Rs 2,480 crore from Rs 3,302 crore in Q1FY20
For the April-June quarter, Titan Company posted a pre-tax loss of Rs 335 crore.
The Buyback will be on a proportionate basis from the shareholders of the Company, through the 'Tender Offer' route
The company reported an 8.4 per cent year-on-year (YoY) drop in its revenue at Rs 2,207 crore.