In the lexicon of Moody’s, one of the leading rating agencies in the world, Fallen Angels refers to companies that are financially vulnerable and are most at risk of a possible rating downgrade. In the aftermath of COVID-19 pandemic, the list of Fa

In a rather interesting move, Tata Power has announced that it would seek shareholder approval to amend its scheme of arrangement. According to the original scheme of arrangement approved by shareholders, Tata Power had sought to merge Tata Power Sol

Overall auto numbers for the month of October 2021 were disappointing on the 4-wheeler front. This was due to a combination of spike in input inflation and a shortage of microchips in the market. Here is a quick take on how the key auto company di

Here is a quick look at the finer points of 2 large cap companies that announced their second quarter results on 01-November; HDFC and Tata Motors. HDFC Ltd – Q2 Results For the second quarter ended Sep-21, HDFC reported 13.23% grow

In the light of the Templeton fiasco last April and the subsequent SEBI order on the role ostensibly played by the senior managers of the fund, SEBI has opted to tighten the screws. It has barred employees and directors of AMCs and trustees of the fu

In a high level meeting between the top officials of the IRCTC and the Railway Board, the Ministry of Railways decided to withdraw the decision to ask IRCTC to share 50% of the convenience fee charged from customers on online ticketing. The new rule

Exide Industries Ltd - Q2 Results Exide Industries Ltd has posted a healthy 18.62% growth in total revenues for the Sep-21 second quarter of the fiscal at Rs.4,758 crore. Even if you look at revenues on a sequential basis, the revenues were higher

It may be recollected that last year when Reliance had come out with its Rs.53,124 crore rights issue, the allotment money was payable in three tranches over a period of 18 months. As a result, during this period, the Reliance stock had dual trading

Dr. Reddy's Laboratories - Q2 Results Dr. Reddy's Laboratories Ltd reported stellar numbers for the September 2021 quarter as its top line revenues grew by 17.7% at Rs.4,987 crore. Even on a quarter on quarter basis, the revenues were higher by

Samvat 2077 has given investors multiple reasons to cheer. Both the benchmark indices – Sensex and Nifty surged over 50% each, gazing beyond the transitory pain arising from the pandemic. Broader markets, however, outperformed the benchmark indices

The most recent entrant to the mutual fund space, NJ India Mutual Fund has raised a record Rs.5,200 crore from its maiden NFO of the NJ Balanced Advantage Fund. This is the highest amount ever collected by any maiden NFO by any fund. NJ has been one

Muhurat Trading 2021 - Samvat 2078 The history of Muhurat trading is almost as old as the Bombay Stock Exchange itself. The business community from Gujarat and Rajasthan, that has traditionally dominated the stock exchange membership and trad