Investment - general
Vodafone Idea’s follow-on share offer subscribed 5.4 times
23 Apr 2024
Vodafone Idea’s Rs18,000-crore follow-on public offer (FPO) of equity shares managed to attract subscription for as many as 6.349 billion shares, against the 1.260 billion shares on offer, as the FPO closed for subscription on Monday.
Sensex crashes by 1,053 pts and Nifty sheds 333 pts amidst heavy selloff
23 Jan 2024
The key BSE Sensex closed at 70,370.77, down 1,053 points or 1.47 per cent from the previous close while the Nifty 50 closed with a 333 point
FPIs pull out over Rs13,000-cr from equities, invest Rs15,647-cr in debt
22 Jan 2024
Foreign portfolio investors (FPIs) pulled out a net Rs13,047 crore from Indian equities in three days ended 19 January 2024
DMart’s consolidated Q3 net profit up 17% at Rs.690 cr
14 Jan 2024
Avenue Supermarts Ltd (ASL), which runs the DMart retail chain, has reported a consolidated net profit of Rs690 crore for fiscal third quarter ended 31 December 2023
TCS Q3 net profit up 8.2% at Rs11,735 cr; revenue at Rs60,583 cr
11 Jan 2024
Tata Consultancy Services (TCS) has reported a net profit of Rs11,735 crore for fiscal third quarter ended 31 December 2023, an 8.2 per cent increase year-on-year, on the back of rising demand for cloud-led services.
PNB plans to raise Rs7,500 crore via QIP or FPO
31 Dec 2023
The board of directors of Punjab National Bank (PNB) at its meeting on Thursday approved a proposal to raise Rs7,500 crore capital through equity issue
Govt selling 8% equity in Ircon; sets base price at Rs154 a share
07 Dec 2023
The central government has come out with an offer to sell up to eight per cent equity in Navratna public sector undertaking Ircon and has set the floor price at Rs154 per share.
Market optimism pushes Adani Group stock prices higher
07 Dec 2023
Shares of Adani Group companies continued to gain market value for a fifth day on Thursday, with Adani Ports and Special Economic Zone (APSEZ) leading the surge and emerging the top gainer in the Nifty50 index.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
Alipay exits India: Chinese payment giant to sell Zomato stake for nearly $400 million
29 Nov 2023
Alipay, the Chinese payments group, is set to divest its 3.4% stake in the Indian food delivery powerhouse Zomato for an estimated sum of almost $400 million.
Tata Technologies IPO set its final offer price at Rs 500 per equity share
25 Nov 2023
In a regulatory filing on Saturday 25 November 2023, Tata Motors confirmed that Tata Technologies' Initial Public Offering (IPO) is set at an offer price of Rs 500 per equity share with each face value at Rs 2.
Warren Buffett's endorsement boosts Mitsubishi's image, easing conglomerate stereotypes in Japan
17 Nov 2023
Mitsubishi Corp., Japan's largest trading house, is experiencing a positive shift in investor sentiment, thanks to Warren Buffett's resounding vote of confidence.
Tata Technologies IPO to open on 22 November
15 Nov 2023
Tata Technologies Ltd has come out with an initial public offer of shares in which shareholders of the company will sell a little over 15 per cent of the shares of the company.
ITC of India falls short of profit expectations amidst rising competition and costs
20 Oct 2023
ITC has reported a below-expected rise in profits in its second quarter, as reported on Thursday, 19 October, 2023.
Reliance re-enters the $100-bn club
12 Jul 2018
Sensex plunges 1,624 points, investors’ wealth down Rs7,00,000 cr
24 Aug 2015
The rupee crashed to 66.66 against the US dollar as foreign funds dumped shares and pulled away cash from markets
Govt looking for better ways of investing: Jaitley
19 Jun 2015
It's not about the money; there's Rs70,000 crore extra this year, and there are cess inflows, and tax-free bonds, but the challenge lies in spending, says finance minister Arun Jaitley
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation