Paytm may be a household name in India across urban and rural centres. But they have a huge challenge on hand and that is to get their Rs.16,600 crore IPO oversubscribed. The size of the issue is too large and the stakes are too high, so obviously Pa

On Thursday, the NCLT Appellate Tribunal (NCLAT) gave a reprieve to Zee by giving them more time to respond to the EGM demand raised by Invesco Fund and OFI Global China Fund. Here is a quick time line of key events in the Zee-Invesco case and how

The board of Piramal Enterprises approved a composite scheme of arrangement under which the pharma business of the Piramal group would be hived off into a separate company and would also be listed. The core Piramal Enterprises will only house the fin

On 08-Oct, the monetary policy maintained status quo on repo rates and reverse repo rates. It looked like the RBI and the Monetary Policy Committed (MPC) did not want to upset the applecart at a time when Evergrande and US inflation were posing huge

The Rs.2,768.26 crore offer for sale of Aditya Birla Sun Life AMC Ltd consisted entirely of an offer for sale. The issue had been priced in the band of Rs.695 to Rs.712 per share and the price has been discovered at Rs.712. The issue had closed for s

The price of Brent crude has rallied to above $83/bbl and is now at the highest level that oil has since in last 2014. In short, oil is at the highest level in the last 7 years. What is it that has contributed to this sharp rally in oil prices? It is

Just a day after the RBI suspended the boards of SREI Infrastructure and SREI Equipment Finance, the promoters of SREI group have filed a writ petition against the RBI. The writ petition has asked the court to strike down the referring of SREI group

The partnership between Future Group and 7-Eleven was supposed to be the big bang retail story for India. However, things changed dramatically post the pandemic. Future group got deep into debt and was pushed to the point of insolvency, forcing the g

Just a couple of days after Moody’s upgraded India’s sovereign rating outlook from “Negative” to “Stable”, it has followed up with a more micro rollout of upgrades. It has upgraded the outlook for 18 Indian companies in all, which include

The government built on its reforms package for the telecom sector. One of the major announcements was 100 FDI in telecom through the automatic route. Currently, while 100 FDI in telecom is permitted, only 49 is allowed through the automatic route

The Bombay Stock Exchange announced that circuit filters had been modified for a total of 560 stocks listed on the BSE. These changes in price bands or circuit filters for the stocks will be applicable with effective from the start of trading on 07-O

With the trading in the futures and options segment already accounting for over 95 of overall trading volumes on the NSE in notional terms, the exchange and SEBI are looking to continuously expand this list of F&O eligible stocks. As per the SEB