Easing competitive pressures, volume growth are positives for profitability
The rating action follows the significant weakening of the financial risk profile of the parent company-IL&FS
According to the new rules, a company can suspend control rights on its shares if the PE fund does not disclose the beneficial owner
Amazon, Alibaba and Tencent are acquiring stakes in local firms to increase their India presence
While a share buyback is a positive development from a near-term perspective, analysts say the move is also a structural positive
The RBI has been selling dollars to arrest declining rupee, which led to decline in forex reserves from $426 billion in April to $400.10 billion at the end of August
The proposed power exchange will offer the market participants a credible power trading platform
Market plunge wipes out Rs 1.96 trillion from investor wealth
In comparison, such funds saw inflows to the tune of Rs 98.10 billion in August last year
In the broader markets, the S&P BSE MidCap index fell 1.7 per cent, while the S&P BSE SmallCap index ended down 1.1 per cent.
Aptech, Deepak Fertilisers & Petrochemicals Corporation, LT Foods, Snowman Logistics, Speciality Restaurants, Symphony, and Vardhman Textiles among 34 stocks from Smallcap index hit 52-week lows.
The stock was up 4% to Rs 909 on the BSE in intra-day trade, extending its 10% rally in past five trading days in an otherwise weak market.
The rating agency ICRA on Sunday downgraded loans and debentures of infrastructure financing firm.
The company said it has restructured its international operations in order to unlock synergies for the business, optimize costs and streamline operations.
The stock rallied 5% to Rs 676 on the BSE in early morning deal after the private sector lender on Saturday appointed Amitabh Chaudhry as Managing Director & CEO from January 1, 2019.
Sensex at 19K, heavyweights rally
The world economy seems to have got back on its feet after a decade and this can be seen from the fact that several central banks have started increasing interest rates
The SEC has taken a strict stance against letting ETFs tracking bitcoin and other cryptocurrencies come to market
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher
The bank and Kochhar have been maintaining there has been no regulatory violation on their part and that she was not aware of specific business dealings of her husband