With the ambitions to make a comeback in the movie exhibition business under new brand name “MovieMax”, Cineline has been taking strong steps in the direction since the beginning of FY22-23. While the promoters have infused capital of Rs 35.1

Indices trade in a range with gains witnessed in the realty sector. After a weak opening, Indian benchmark indices rose following a 50 basis points rate hike by RBI. Reserve Bank revised the inflation projection for FY23 to 6.7 from 5.7 and the GDP

Shares of Elgi Equipments has surged over 5 today. With strong momentum, the stock has registered a breakout from its inside bar candle and has also crossed above the 400-mark. Moreover, a consolidation breakout has been seen in a lower timeframe

Check out the midcap companies making headlines in the morning trade session. Among the midcap companies, Mangalore Refinery, KIOCL, Rites, PNB Housing Finance, and ZEE Entertainment, are among the stocks in the news on Wednesday. Let

It was the public listing that everyone, from institutional investors with deep pockets to crores of Indian retail investors, had been waiting for. It came, people applied in droves, it was oversubscribed nearly three times and got listed with muc

The Reserve Bank of India (RBI) on Wednesday raised the benchmark lending rate by 50 basis points (bps), or 0.5, just weeks after it sprung a surprise by increasing the rate by 40 bps. With the latest hike, the benchmark report rate has now

RBI Governor Shaktikanta Das on Wednesday announced that the apex bank has raised key rates by 50 bps to 4.90. The monetary policy committee (MPC) vote was unanimous. On Wednesday morning, the benchmark equity indices were trading flat as in

After a day of wavering moves, the benchmarks tumbled and filled the gap of May 30. It opened with a gap down and formed a candle similar to the previous day. But the difference is it closed below the opening. As the Nifty filled the gap sup

Apple, better known for its iconic iPhones and iPads, is also known to disrupt industries. In a way, Apple has already disrupted the mobile industry, mobile commerce and even mobile music. The next big thing planned by Apple is to disrupt the Fintech

For a long time, we associated attrition with the smaller software companies and the large companies had managed to successfully bring it under control. Something changed in the last few months in the form of talent crunch. As the demand for talen

If you thought that the Ultratech expansion deal would be positive for stock markets you were sorely mistaken. In fact, cement shares were already weak before the announcement of the deal. After Ultratech Cement, the largest player in the industry in

After a gap of nearly 39 months, the bond yields on the benchmark 10 year bonds crossed above the 7.5 mark. The rally has been rapid since the last repo rate hike by the RBI in May 2022. Since then the bond yields have spiked more than 70 bps from 6