After a gap of almost 17 months, airlines were allowed to operate flights at 100% of pre-COVID capacity. That effectively means all restrictions on flying have been lifted. The Ministry of Civil Aviation has not yet removed the caps on fares that it

Four months after the RBI gave in-principle approval to Centrum Financial Services to float a small finance bank (SFB), the RBI has granted the SFB license to the consortium of Centrum and BharatPe. The SFB promises to be India’s first pure digital

In the last one month, the stock of Tata Motors has rallied close to 40%. One of the key drivers of this rally has been the proposed investment by private equity investors in its Electrical Vehicles (EV) business. On 12th October, the announcement fi

On 12th October, 3 important macro data points were out in the market. The first two were domestic; consisting of September Inflation and August IIP. The third data point pointed to IMF estimates of India’s GDP growth. How did retail inf

The Tata group overall has been one of the biggest wealth creators in the last one year. You pick any stock be it TCS, Tata Steel, Tata Motors, Titan or Tata Power; they have all given exceptional returns in the last one year. But two stocks have sto

Rakesh Jhunjhunwala is not called the Warren Buffett of India without reason. He is known to bet big on stories that he finds convincing. Titan is, perhaps, the finest example of his acumen in picking stocks early and holding them through its journey

The stand-off between Zee Entertainment board and its largest investor, Invesco Fund, has played out in the public domain for the last 1 month. A lot has transpired in this period. It all started with Invesco calling for the removal of Punit Goenka f

Monthly currency futures contracts on USDINR are one of the oldest and most popular currency futures contracts traded on the NSE. To make the markets for USDINR futures deeper and more liquid, NSE has now launched weekly currency futures on the USDIN

The non-convertible debenture issue of IIFL Finance, which had opened for subscription on 27-Sep was closed on 08-Oct, a week ahead of its scheduled closing on 18-Oct. The response to the IIFL NCD was much bigger than originally anticipated and with

Macrotech Developers, better known for its Lodha brand of properties, has embarked on a major debt reduction program. It may be recollected that when Macrotech came out with its IPO in April 2021, one of its major focus areas was to cut down on debt.

Reliance New Energy is already getting aggressive in its latest domain of green energy. A day after the company had picked up 100% in Norwegian REC Solar Holdings for $771 million, it announced an important acquisition in India. Reliance New Energy s

It was another robust quarter for TCS, India’s largest and most valuable software company and the second most valuable company on the stock exchange after RIL. TCS reported 16.77% growth in total sales at Rs.46,867 crore for the Sep-21 quarter. The