Reliance is known for its penchant for aggressive inorganic growth. In the last one year, Reliance Industries became zero-net debt on the back of its mega rights issue as well as the placement with PE funds. With a war chest in place, Reliance may be

When there is a major shift, it is normally the financial capital that is expected to take the initiative. Maharashtra took the lead and unveiled the Maharashtra EV Policy 2021 with the intent of fast tracking EV adoption in an accelerated move away

The big dispute over the GVK stake in Mumbai International Airport Limited (MIAL) is finally over with control of MIAL likely to fall entirely in the hands of Adani Group. Adani Group had already acquired 23.5% stake in MIAL from two South African in

An unlikely sectoral index, BSE Realty Index, hit 10-year highs recently. Even as experts have been talking about weak offtake in residential properties, the undertone appears to be changing gradually. A host of stocks like Godrej Properties, IB Real

In the din and euphoria over steel and internet stocks, investors appear to have forgotten a silent multi-bagger in the last 8-9 months. Of course, we are referring to fertilizers. The robust Kharif output last year gave an impetus to fertilizer stoc

The good news was that inflation at 6.26% for Jun-21 was way below the consensus estimate of 6.9%. The bad news was that inflation was just marginally below the May-21 inflation level of 6.3% and well above the RBI tolerance level of 6%. Remember, th

Has the LIC IPO just been given the final stamp of approval? If you go by news reports, it does look like the LIC IPO may have just got its stamp of approval from the Cabinet Committee on Economic Affairs (CCEA). Now CCEA approval is the voice of the

In the last few days, small finance banks and their parent companies have shown a sharp rally. What exactly has changed? Both Equitas Small Finance Bank (SFB) and Ujjivan Small Finance Bank (SFB) propose to apply for amalgamation of their parent with

Brent Crude touched $75/bbl after a long gap. The last time Brent Crude was above $75 was back in 2018, when oil peaked around $79/bbl. Of course, crude oil is still a long way off the $100/bbl mark which it scaled prior to 2014. What exactly is driv

You may believe that the real estate market is dull but Godrej Properties begs to differ. Consider these numbers. Over the next couple of years, Godrej Properties plans to invest close to $1 billion or Rs.7,500 crore to acquire and develop new projec

Stock Market Today – 08th July, 2021 The Indian equity benchmarks fell harshly on Thursday on the back of weak global cues. The Sensex fell as much as 626 point and Nifty 50 index briefly fell below its important psychological lev

One of the major telecom players Vodafone Idea (Vi) has mostly stayed silent when it comes to 5G services whereas its competitors Jio and Airtel have been talking about how they are going to bring and roll out 5G services in India. But Vi is