On 15-December, the US Fed put out a detailed statement on the trajectory of its monetary policy. Here are the major takeaways from the Fed statement and what it means for Indian markets in general and Indian monetary policy in particular. Fed say

For the robustly active sugar sector in India, the WTO ruling against India in the sugar subsidy case may look like a temporary setback. However, not too many concerns were evident in the price performance of sugar companies. In fact, the sugar se

On the lines of the Prompt Corrective Framework (PCA) introduced for banks, the RBI has announced a similar PCA framework for select NBFCs too. These PCA norms will kick in from October 2022 and will be applicable if core parameters of the NBFC dip b

ITC Ltd, the grand old lady of Chowringhee Lane, conducted its first investor meet on 14-December. The stock of ITC has almost gone nowhere in the last few years. Just about 4 years back, ITC and Hindustan Unilever almost had the same market cap and

The 18 month old Reliance Industries rights issue finally came to a conclusion with the partly paid up shares listing as fully paid up shares of Reliance on 10-December. According to the NSE circular on the subject, a total of 41,87,97,736 shares wil

On 08-December, when the monetary policy was announced, one of the stock to fall was One97 Communications, the company that owns and operates the Paytm platform. The RBI policy maintained status quo on repo rates, reverse repo rates and also maintain

You can call it a collaboration between two industrial giants in India. On the one side there is the Reliance group with its unwavering and aggressive commitment to green energy. On the other side, there is the Mahindra & Mahindra Group which is

Even before the RBI announced the Monetary Policy on 08-December, the consensus of leading economists had hinted at a status quo. It is not that the RBI did not have reasons to turn hawkish. Inflation was higher, growth was picking up and Fed was tur

Production Linked Incentive (PLI) scheme of the government of India is one of the most ambitious schemes sponsored by the central government to boost domestic production, enhance self-sufficiency and to also eventually emerge as a production base whe

Reliance Industries, which is in the midst of a massive green energy thrust, has raised $736 million green loan. The purpose of this loan is to bankroll its acquisition of REC Solar Holdings, the Norwegian manufacturer of solar panels. The loan of

The last few days have seen rather challenging times for the ADAG group. Earlier in the week, the RBI superseded the board of Reliance Capital and took over the management of the company. RBI was of the view that Reliance Capital posed a systemic ris

Fairfax Group, owned by the Canadian billionaire Prem Watsa, has sold 3.2% stake in IIFL Finance. IIFL Finance is the arm of the IIFL group which looks after lending and other fund based activities of the group. The sale was made at a total val