For the December 2021 quarter, wholesale dispatches of Maruti in the passenger vehicles (PV) segment fell by -12.6% to 123,016 units. However, the hope is that two of its biggest challenges may be gradually easing. Firstly, the high prices of meta

Like in the last few quarters, Avenue Supermarts, the company the operates the D-Mart chain, has continued the tradition of announcing its quarterly sales on the first day of the new quarter. These are standalone sales that D-Mart reports and the num

Future Retail, part of the Future group, has defaulted on a repayment obligation of Rs.3,494 crore as of 31-December. This payment was due as part of a one-time debt recast offered by banks. Post the default, CARE Ratings has downgraded the debt of F

The month of December was actually a surprise for the auto numbers and a positive one too. The two traditional leaders in the passenger car segment saw de-growth in sales numbers for the month of December. However, most of the other major companies r

HDFC Life Insurance announced that it completed the acquisition of 100% stake in Exide Life Insurance from Exide Industries. The deal was struck a few months back and now HDFC Life Insurance has completed all the requisite approvals including the app

On 31st December, 9 new stocks were added to the F&O trading eligible list. As on 30th December, a total of 3 indices and 188 stocks were allowed to be traded in the futures and options segment. With the addition of these 9 stocks on 31st Decembe

As per the Finance Minister, Nirmala Sitharaman, who chaired the 46th meeting of the GST Council, the meeting was called under the emergency meeting provisions. This meeting had been called specifically at the request of the Finance Minister of Gujar

With its aggressive green energy plans, Reliance has been consistently using the inorganic route to expand its renewable energy franchise. The latest is the acquisition of a 100% stake in Faradion Ltd of UK, which it acquired at an enterprise value o

We are about to end the year 2021 and what a fantastic year it has been for stock market investors. While Nifty has delivered returns of about 22% in this calendar year, Nifty midcap index has delivered returns of over 42 percent while the small c

Not much that was actionable was cleared at the 33rd Annual General Meet of Dish TV. The controversial issue of the Rs.1,000 crore rights issue was not taken up at the 33rd AGM since the largest shareholder, Yes Bank, was not in sync on the subject.

It almost sounds like a major turnaround for the telecom sector in India with the latest thumbs-up given by rating agency ICRA. Over the last few years, the telecom sector has been hit by a wave of consolidation, a battle of attrition on prices and f

In its circular (Circular Ref. No: 94/2021) dated 30-November, the National Stock Exchange (NSE) had announced the introduction of futures and options contracts on 7 stocks with effect from 31-December corresponding to the Jan-22 contracts onwards. T