Under the Motor Vehicles Act, it is mandatory for all vehicles to have a third-party insurance cover
Most investors were expecting the government to increase spending to shore up economic growth
NMDC and the state administration got into a legal battle over Donimalai after the state government decided to levy a premium on the iron ore extracted from the mine
Given the economic slowdown, analysts see more downward revisions in corporate earnings over the next few quarters.
Observes NSEL is not a financial establishment; EOW to challenge the order in SC
For TCS, keep a stop at Rs 2195 and go long
Atul Saraogi is son-in-law of Vimala Devi Kalantri, according to Sebi's order
Approval by European Union for the company's Malaysian facility will provide huge fillip to its capacity and drive growth
Loans against credit cards can be availed of quickly, but charge high interest rates, processing fee and prepayment penalty
While the company is rebalancing its loan book, higher costs and weak asset quality pose challenges
Lower debt, divestments, and reduction of promoter pledge are other triggers
SCORES is an online complaint redressal system of Sebi through which the complaints received by the regulator are electronically forwarded to the listed company
Market sources say the government plans to offload around 12 per cent stake through the IPO
Investment bankers said the falling share price of PSUs would mean that the government would not only miss the disinvestment target but also not get good valuation
CEA Subramanian said it would be a 'moral hazard' if the government were to use public money to cushion private losses
Sectorally, all the sectors ended in the red except Nifty IT index, which gained on the back of a weaker rupee. The domestic currency slumped 40 paise intra-day to Rs 71.96/ US dollar
Top sectors that witnessed FPI buying included financials, insurance, oil, gas and telecommunication services.
"Delay in addressing concerns of FPIs regarding taxation and slowdown in the economy is seeing foreign selling continue with over $2.5 bn being the collateral damage since Budget," IIFL Securities.
All the sectors ended in the red except Nifty IT index, which gained on the back of a weaker rupee. The domestic currency slumpped 40 paise intra-day to hit a 2019 low of Rs 71.96/ US dollar.
In the past one-month, HUL has outpaced the market by surging 12 per cent against a 3 per cent decline in the benchmark index, after reporting in-line April-June quarter (Q1FY20) earnings.