Global investment and private equity firm KKR (Kohlberg Kravis Roberts) and the Hero Group have decided to invest close to $450 million in Hero Future Energies (HFE). That translates into approximately Rs3,590 crore in rupee terms. Hero Future Energi

It is rather ironic that just a couple of weeks after the CreditSights issue appears to have died down, the Adani group has gone ahead and pledged almost its entire stake with the banks which had funded the takeover of shares. Obviously, the banks mu

On Wednesday, Indian equity markets started the session on a weak note. In the morning trade, Nifty and Sensex are trading flat at levels of 17,800 and 59,680, respectively, down by 0.07 each. Top large-cap gainers include Eicher Motors, Tata Ste

The Nifty closed above the 20DMA and it also settled above the 17801 mark, which is key resistance. But, the formation on the daily chart resembles a shooting star pattern. It filled the last Friday's gap. The volumes are a little higher than the pre

Macpower CNC Machines stock opened at Rs 289 and hit a 20 per cent upper circuit at Rs 341.80 On Tuesday, the share price began the trading session at Rs 289.90 and surged by 20 per cent hitting upper circuit, and closed at Rs 341.

At market close on Tuesday, the core equity indices ended in the green owing to positive global cues and anticipation of the US Federal Reserve meeting. The Sensex ended at 59,719.74 by 37.8, up by 578.51 points or 0.98 and the Nifty 50 closed at

MHRIL is one of the strong growing companies in its sector and has a major market presence in India. The Indian indices have roared during Tuesday’s trading session, and strong buying is seen across midcap stocks. Meanwhile, the shares of Mahind

Nearly one month after Go Digit General Insurance Ltd had filed the draft red herring prospectus (DRHP) with SEBI for its proposed IPO, the regulator has decided to keep the Go Digit IPO in abeyance. Typically, the process is that when a company file

Adani group is never known to quibble when it comes to aggression, big thinking and chasing economies of scale. Be it ports, green energy, transmission or city gas distribution; the Adani group has literally thought up in terms of mega scale. If we l

There have been concerns over India’s current account from the start of the year. That is because the merchandise trade deficit is just spiralling out of control. As of August 2022 (i.e. for first 5 months of FY23), the merchandise trade deficit st

Owing to corporate governance issues, Dish TV India’s largest shareholder Yes Bank has been pushing for a board overhaul, including the removal of Jawahar Goel, Bhagwan Das Narang and other members. The shares of Dish TV India Ltd are buzz

Looking for stocks that could deliver good returns by September 21? Here are the High Momentum stocks that one must watch for tomorrow selected on a three-factor model. Many participants see a stock opening with a gap-up and wis