We want to take advantage of the economics of scale and channel our efforts to create cost-effectiveness by automating our major operations, affirms S Shafiulla, Chief Financial Officer, Visaka Industries Ltd. Visaka Industries’ textile segment

Radhakishan Damani is betting on VST Industries Ltd and India cements Ltd for the long term. As of June 16 2022, Radhakishan Damani has a net worth of Rs 1,84,682.87 crore. Damani is famously known to bet against Harshad Mehta. He made a lot of mo

Markets have been trading range-bound with negative bias. However, regardless of the same, there are some stocks that attained golden crossover. read on to find out more. After the huge gap down opening on June 13, Nifty 50 futures have been tradi

Indices near day’s low, all sectors in red; realty and metals are market draggers. Asian markets opened on a brighter note tracking the gains from US markets. Later, most of them erased early gains amid weak global cues. All the major headline i

Shares of BDL soared over 5 during the initial hours of Thursday’s trading session. With this, it has registered a triangle breakout with above-average volumes. In today's trade, the volume recorded has been greater than 10-day, 30-day and 50-d

Is it time for the resurrection of telecom players? Let us find out. On June 14 Union Cabinet approved the auction of airwaves capable of offering fifth-generation or 5G telecom services, including ultra-high-speed internet, and gave its nod to se

The US Federal Reserve on Wednesday decided to raise its main policy rate by 75 basis points, marking the sharpest hike since 1994, as it moved aggressively to tame spiraling inflation. The American central bank said it is “strongly committed”

Sensex climbs by 500 points, while the Nifty 50 hovers around 15,800; RIL emerges as the biggest bull. On Thursday, Indian markets are trading in the green, following a gloomy day yesterday. Banking, IT, and auto companies are the outperformers. T

Nifty has formed an inside bar and closed near the day's low and declined over 100 points from the day's high on Wednesday. As it also formed a shooting star like candle for the second successive day, it is a weaker signal. For the last three days

The indices consolidated in a narrow range ahead of the FED event and ended the day tad below 15700 with a marginal loss. The market participants were awaiting for the decision of the outcome of FED policy as that could have an impact on

Falling steel prices in the last few weeks may not be great news for the steel companies but auto companies are literally making hay as their input costs have come down sharply. From the highs of April 2022, the price of steel is down nearly 20.

Venture capital funds are often blamed for inflating the valuation of technology startups beyond their fundamentals. This, of course, is subjective and debatable. The valuation of a startup that is disrupting a legacy business can indeed be high e