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23rd Dec 2021
The pullback rally in benchmark index Nifty continued for the second consecutive trading session. On Wednesday, the Nifty has gained over 1 and closed at the 16955.45 level and above its 5-day EMA level. The daily RSI has given positive crossover. G
22nd Dec 2021
Tata Medical & Diagnostics on Wednesday said it has indigenously developed a fast-testing solution for COVID-19 to significantly boost India's testing capacity amid the Omicron variant threat. The solution, Tata MD CHECK Express RT-PCR, can be
Get the right financing option for all your unique requirements Pune, Maharashtra, India (NewsVoir) Poonawalla Fincorp, formerly known as Magma Fincorp, is a trusted name in the industry for offering best-in-class services to their customers. With a
The State Bank of India (SBI) has acquired a minority stake in JSW Cement Limited, part of USD 13 billion JSW Group. The PSU Banking behemoth has invested Rs 100 crore in the company via compulsorily convertible preference shares (CCPS), a JSW Cem
Aditya Birla Sun Life Mutual Fund has collected over Rs 2,200 crore from over 1.18 lakh applications for its business cycle fund, which is an open-ended equity scheme following business cycle-based investing theme. The fund was open from November 15-
E-commerce major Amazon on Wednesday said it will acquire Prione Business Services - its joint venture firm with Catamaran, subject to requisite regulatory approvals. In August, Amazon and NR Narayana Murthy's Catamaran had announced that they wil
Singapore has enhanced safety measures for all airport workers who interact with arriving passengers at the Changi Airport here amidst the rapid spread of the Omicron variant overseas, the country’s civil aviation authority said on Wednesday. Ac
Equity benchmark Sensex surged over 600 points in early trade on Tuesday, tracking gains in index majors ICICI Bank, Infosys and Reliance Industries amid a positive trend in other Asian markets. The 30-share index jumped 635.96 points or 1.14 per
An increase in interest rates and continuous improvement in India’s macroeconomic growth are key factors that will support rich valuations of India’s shadow banks, or non-banking financial companies, which have been hit by the IL&FS crisis, s
The Indian stock market has gyrated to the tune of a faster-than-expected tapering signal from the US Federal Reserve and uncertainty from the impact of the new coronavirus strain Omicron. Benchmark indices have corrected 10 from the peaks in Oct
Alembic Limited, Aurobindo Pharma and Capri Global Capital Limited have witnessed volume burst in the last 75 minutes of the trade. As the saying goes, the first and the last hour of each trading session is the most importan
Despite much acrimony and opposition by minority investors like Invesco, the proposed merger between Zee Entertainment and Sony Pictures Networks India has finally gone through as the 90-day period to conduct due diligence comes to a close. The me
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