A central government minister has said that the country’s top 50 defaulters owe banks a staggering Rs 92,570 crore. To be sure, these are ‘willful defaulters’ who have the ability to repay the loans, but they are unwilling to do so.

The Indian government wants to make sweeter the deal it is offering for the divestment in IDBI Bank. News reports say that the government is likely to waive some tax norms for the buyer of IDBI Bank in a bid to attract more suitors for a maj

Maruti Suzuki, which was once one of the most profitable government-owned companies, has reportedly now blamed its former owner, the sovereign, for levying heavy taxes that it says have put vehicles out of the reach of the country’s masses.

Indian Railways Catering and Tourism Corp (IRCTC) is a unique company, at least as far as the travel and tourism sector is concerned. It is perhaps the only publicly listed travel company that gets almost all of its revenue from one entity--the India

Today, the stock opened at Rs 130.95 and touched a high and low of Rs 131.75 and Rs 126.50. Supreme Holdings & Hospitality Ltd is engaged in the construction and development of residential and commercial real estate projects. The company was i

After the recovery seen in Monday’s session, Nifty started Tuesday’s session on a negative note and it corrected to breach the previous day’s low and almost test 18200 mark. However, the index recovered most of intraday losses post noon it ende

Post the weak closing during last week, Nifty started the new weak on a flat note but witnessed a pullback move during the day. The index crept higher with support of some or other heavyweights and ended the day above 18400 with gains of over eight-t

Nifty showed a fair bit of volatility during last week wherein the index recovered in the first three trading sessions towards 18700, but it corrected sharply in the last two sessions and ended the week below 18300 with a weekly loss of over a

An investment of Rs 1 lakh in the shares of this company two years ago would have turned to Rs 3.28 lakh today. Mold-Tek Packaging Ltd (MTPL), an S&P BSE SmallCap company, has delivered multibagger returns to its shareholders in the last

The lifecycle of a tech startup starts with a disruptive idea. Add some angel funding to get the initial employees and a place to sit. Top it up with explosive growth in user adoption and entry of venture capital investors. Then, add some late-stage

Landmark Cars IPO worth Rs. 552 crore, consisted of a fresh issue of Rs. 150 crore and an offer for sale (OFS) of Rs. 402 crore. The fresh issue component results in dilution of equity and EPS but infuses fresh funds into the company. The OFS portion

Abans Holdings IPO worth Rs. 345.60 crore, consisted of Rs. 102.60 crore fresh issue and Rs. 243 crore offer for sale (OFS). The response was moderate and it was subscribed 1.10X overall at the close of bidding on 15th December 2022. The basis of all