The big question over who will head Tata Air India is finally over. It has been confirmed that N Chandrasekharan, Ratan Tata’s man for all seasons, will take charge at the helm of Tata Air India. Apart from his overall role as the head of Tata S

Reliance New Energy Ltd, a subsidiary of Reliance Industries, has agreed to acquire the assets of Lithium Werks of Belgium. The total consideration will be $61 million and this includes funds to finance the working of the company post the deal. Li

In the jungles of Africa it is said that one beast’s demise is another beast’s dinner. The situation is not too different in the rough and tumble world of global business. One man’s loss is another man’s profits and (as in the case of crude o

It was a day on which both the retail CPI inflation and the wholesale producer inflation came in higher than expected. CPI inflation was expected to fall from 6.01% in Jan-22 to 5.93% this month. Instead it ended up at 6.07% in Feb-22. WPI inflati

The undertone of oil appears to have changed at short notice. Last week, Brent Crude had scaled a 14 year high of $139/bbl. However, since then the positive noises coming from Ukraine, Russia and even the calls from the UAE to increase the supply of

With the war situation in the Caucuses, the supply chains of raw materials coming from Russia and Ukraine have been badly hit. On the one hand, there is a virtual embargo on Black Sea cargo and that is hurting the export of Russian inputs. Secondl

To be fair, there has been no official announcement from the RBI on this front. However, if one were to cull some broad ideas from the speech made by RBI Deputy Governor, Dr. Michael Patra, that is the message. The deputy governor hinted that due to

Read here about breakout stocks, its meaning and what are the breakout stocks for today. Breakout Stocks: What are the breakout stocks for today? A breakout is a phase where stock price moves outside a consolidation with increased volumes. Su

One can argue that indices have fallen sharply, but some sectors have taken it on their chin. One such example is that of tyre industry. Apollo Tyres has already corrected 26.6% from its Oct-21 peak to Rs.183.50, while MRF has corrected 25.9% from it

Systematic investment plans (SIP) have become the mainstay of retail investors allocating money to mutual funds in the last few years. This is very with respect to equity and quasi equity funds, where investors normally use the SIP route to get the f

Oil giant Saudi Aramco is narrowing the gap with Apple Inc. for the title of the world’s most valuable company. Incidentally, Saudi Aramco and TSMC are the only two non-American company in the top-10 market cap rankings, with the other eight being

It is said that Goldman Sachs rarely gives subdued updates. They were the first to call crude at $150/bbl in 2008 and now they have called crude at closer to $200/bbl in a worst case scenario. Goldman Sachs, in its latest update, has upgraded the pri