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3rd Nov 2022
Sunil Singhania, a former Reliance Capital executive who branched out to create his own alternative investment fund house Abakkus, a few years ago, is one of the many superstar investors on Dalal Street. Singhania, under his own name and via the f
The Indian exchequer could be at risk of losing out on more than Rs 67,000 crore that was due to it. This could happen if the market regulator, the Securities and Exchange Board of India (SEBI), fails to recover dues worth Rs 67,228 crore (about $8.1
After initiating discussions with Singapore Airlines for a potential merger of Air India and Vistara merger, the Tata group has acquired complete control over low-cost carrier AirAsia India as its Malaysian partner has exited the venture. Ai
2nd Nov 2022
The Indian stock market has been raring to test its peak attained in the Diwali rally last year with the top indices just 2-3 shy of their all-time highs even as pundits expect some selling pressure soon. However, there are many stocks that
Ace stock market investor Ashish Kacholia was fairly active in the last quarter, building and retuning his portfolio that is already worth around $230 million. In the last quarter ended September 30, he picked up at least eight new stocks, m
The Indian antitrust watchdog seems to have won a major battle against Google. Google said it is placing on hold its demand that Indian developers adopt its in-house billing system while it “reviews its legal options” after the Competiti
An investment of Rs 1 lakh in the shares of this company two years ago would have turned to Rs 5.65 lakh today. HBL Power Systems Ltd, an S&P BSE SmallCap company, has delivered multibagger returns to its shareholders in the last two yea
Nifty 50 began today's session cautiously ahead of the US Fed's policy decision. In this post, we have highlighted top stocks that are experiencing a solid positive breakout. Nifty 50 began the session cautiously at 18,177.9, compared to its previ
Even as telecom companies in India begin rolling out 5G services across the country, the government is preparing for the next set of policy changes for the industry. In October, the telecom ministry released the draft Indian Telecommunication Bil
In what will come as a major relief to oil and gas companies, the central government has reduced the windfall tax on crude oil to Rs 9,500 a tonne from Rs 11,000. The reduction in the tax is over 13. From November 2, oil companies will pay less w
Nifty started another day with a gap up above 18100 mark. The intraday decline towards 18050 witnessed buying interest and the index continued its positive momentum to end the day around 18150 with gains of three-fourth of a percent. Nifty
Bank Nifty gave away nearly 400 points from the day's high, and it closed with modest loss of 0.04 on Tuesday. It underperformed the frontline gauge. It took the support on 5EMA for the third consecutive day. The index also faced resist
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