Canara Bank has opened its qualified institutional placement of equity shares worth Rs.2,500 crore on 17th August. The floor price for the QIP has been set at Rs.155.58 per share, which is slightly above the current market price. Canara Bank can offe

The proposed deal between Saudi Aramco and Reliance was first announced at the 42nd AGM of Reliance Industries in 2019. Reliance was supposed to sell 20% in its Oil-to-Chemicals (O2C) business for $15 billion. However, things changed with the onset o

For global passive investors like index funds and ETFs, the MSCI index has long been a benchmark for allocation. Hence, any changes in the index composition results in buying or selling of stocks depending on whether their weights in the index increa

Becoming financially independent is usually in our priority list, but sometimes while taking the life as it comes, we tend to make some financial mistakes that deviate us away from this ultimate goal of ours. We might have several other financial goa

The mid-cap and small-cap indices gave up 3% and 5% respectively in just two days in the early part of the week. The reason was a new rule inserted by BSE to check excess speculation in a market. Special surveillance measures by stock exchanges are n

Radhakishan Damani has often been the quiet big influence in stock markets. He is normally quite reticent about portfolio moves. Damani’s portfolio is predominated by Avenue Supermarts, the owner of D-Mart retail chain. His current ownership of Ave

Speaking at the 56th AGM of Vedanta, Anil Agarwal committed investments of $20 billion across various minerals and metals that Vedanta is present in. Vedanta is a diversified commodity conglomerate with interests in aluminium, copper, silver, bauxite

If there is one area where the small country of Taiwan has made a mark in the global business landscape, it is in the manufacture of high-quality of semiconductor chips. Today, semiconductor chips are the brain behind most electrical and electronic e

The big differentiating technologies in green energy is likely to be the use of Lithium batteries and beyond. However, many of these technologies are yet to take off in a commercial way. This week, Reliance New Energy Solar, a subsidiary of Reliance

NIFTY 50 Nifty closed with a loss of 0.35% near 16238.20 levels on friday. The market breath was bearish with 27 declines against 23 advances. Sectors ended the session in green territory are Auto, IT, Metals, PSU Bank and PSU Banks se

Titan Company Ltd swung to a consolidated net profit for the first quarter through June 2021from a steep loss a year earlier when a nationwide lockdown to control the Covid-19 pandemic forced it to keep its stores closed. The Tata Group company po

State Bank of India reported a record profit for the first quarter through June 2021, helped by a sharp drop in provisions to cover potential bad loans. The nation’s biggest lender said standalone net profit jumped 55% to Rs 6,504 crore for the