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25th Aug 2022
As Asia's third-largest economy, India was burdened by high inflation, rising borrowing costs, and worries about a global slowdown in July, business and consumption activity in the country showed conflicting signs of recovery. According to a cross
While the benchmark indices and broader market at large are trading in the green after 2 days of volatility, the Pharma sector is painted in red with Nifty Pharma quoting at 12,621.90 with a loss of 0.2%. Lupin Ltd on August 24, post market h
On August 25, the stock is trading at Rs 327.5 with 2.75% upside for the day. Sunil Singhania is one of India's renowned investors. He co-founded Abakkus Asset Manager, an asset management firm focused on the Indian market. He previously served as
Consumer Durables, Realty and Power stocks advance on the bourses! On Wednesday morning, the benchmark equity indices opened on higher on the bourses as the global indices trade flat in anticipation Federal Reserve’s comments on Friday. The A
The Sunil Bharti Mittal family, which is the founder of the Bharti group, plans to increase its stake in Bharti their telecom venture. This will be done through the purchase of stake in Bharti Telecom Ltd. Now Bharti Telecom is the holding company of
The stock of Bharat Airtel was around Rs120 at the start of the year and since then it has rallied sharply to get close to Rs300 per share. The stock was always the low hanging fruit, but most people gave it a miss. Things have changed drastically in
Some interesting aspects of the changing face of the Indian bond market came out during a speech delivered by the RBI deputy governor, Rabi Sankar. He was addressing the Bombay Chamber of Commerce & Industry. A key point made by Ray at the event
Even as the government chases a rather modest disinvestment target of Rs65,000 crore for the fiscal year FY23, there are plans afoot to sell its stake in IDBI Bank. It may be recollected that the government had planned to showcase IDBI Bank as a case
It is said that if you laid all the economists from one end of the world to the other, they would still not reach a conclusion. This was in a lighter vein to underline how economists generally talk in terms of assumptions and ceteris paribus conditio
Corporatization of Indian media was already happening at a rapid pace. It started 25 years back with Uday Kotak buying out Business Standard but has gathered pace in recent times as media companies struggle for funds. TV18 was taken over by Reliance.
Nifty once again opened with a gap down and recovered for the second successive day from the day's low on Wednesday. It tested the previous day's high and decisively closed above the 13EMA. A day before, the rollovers improved to 56.45%. Like the
24th Aug 2022
Shares of this media company have increased by 237% year to date and locked in the upper circuit on August 24. Billionaire Gautam Adani made a hostile takeover attempt for NDTV on Tuesday, first by indirectly acquiring a 29.18% share in the broadc