If early reports are to be believed, TCS is likely to consider its fourth bonus share issue when the board meets to approve the Q3 results on 12th January. In an exchange filing TCS had reported that the board would consider a buyback proposal at its

As part of the relief package for telecom companies, the government had announced 2 important changes. Firstly, it offered a moratorium on payment of Spectrum Usage Charges (SUC) and AGR charges for a period of 4 years. The second relief offered w

Adani group, which normally incubates new businesses and ideas in under Adani Enterprises, has decided to float a separate company for its renewable energy initiatives in India and abroad. The new company will be called Adani New Energy Ltd (ANIL).

The government of India has approved an outlay of Rs.12,031 crore for the second phase of the Green Energy Corridor. This is part of the commitment of the government to push renewable energy sources in India in a substantive manner. The second pha

D B Realty, a prominent real estate development company based out of Mumbai, has defaulted on its loan commitments to the tune of Rs.698 crore. This is the outstanding on the interest and principal repayment portions of the loan taken from financial

The government is planning a further simplification of its Foreign Direct Investment (FDI) policy ahead of the mega LIC IPO. While it is still not clear if the LIC IPO will happen in FY22 or in FY23, this FDI tweak is one of the enabling features ahe

On 06th January, the bond yields (refers to the benchmark 10-year bonds) touched a 2-year high of 6.55. The bond yields have moved up sharply in the last on year but the spike has been very pronounced in the last few weeks. What has triggered this s

Gone are the days when you would order your home needs like provisions, toiletries and food products and then wait for up to 24 hours to get the delivery. The latest trend in the online commerce space is “Quick Commerce”. The last mile deliver

In a significant move, Morgan Stanley Asia PTE Ltd (ODI) account offloaded a total of 47,69,108 shares of Zee Learn, part of the Zee Entertainment group owned by Subhash Chandra family. The deal was struck at a price of Rs.18.44 per share taking

Every 6 months, the Association of Mutual Funds of India (AMFI), as instructed by SEBI, finalizes the list of large cap, mid-cap and small stocks in India. The allocation of various large cap, mid-cap and small cap funds will be benchmarked with resp

Oil prices in the last few years has been seeing some key underlying shifts. OPEC has seen a sharp reduction in its share of daily oil output and the swing producer status has shifted from Saudi Arabia to the US and Russia. Brent Crude had scaled abo

The government has issued detailed guidelines to help the sugar mills by restructuring the loans taken from the Sugar Development Fund (SDF). In case of defaulting sugar factories, that fulfil certain basic criteria, the borrowers will get a moratori