Tata Steel Long Products Ltd, a unit of Tata Steel, has officially completed the acquisition of state-owned Neelachal Ispat Nigam Ltd. This was one of the companies identified by the government as a candidate for divestment and Tata Steel had won the

It is no secret that the Tata Nexon virtually dominates the sales of electrical vehicles (EVs) in India. Albeit on a small base, but the growth in EV sales by Tata Motors has been phenomenal. In the recently concluded FY22, Tata Motors saw the sales

Just a couple of days after the merger of HDFC Bank and HDFC Ltd was given the no objection certificate by the BSE and the NSE, the nodal regulator RBI has also cleared the merger proposal. It was expected that the RBI may pose objections to the fact

When Zomato recently took over Blinkit, the biggest objection to the deal was that a loss making company was acquiring another loss making company and the result would only be more losses. The other objection was that Quick Commerce (what Blinkit spe

RBI has made tokenization of cards mandatory for recurring payments. While this was to go live on 01st of July, the effective date has bene postponed by 3 months. However, most banks have already started the process of tokenizing recurring payments.

In a move to force upstream oil companies to share part of the largesse amidst rising crude prices, the government imposed a windfall tax on all refiners, including SEZ refineries, on the export of diesel, petrol and ATF. In addition, the government

The Indian stock market sees a unique & highly symbolic trading session every Diwali, known as the Muhurat Trading Session. This session marks the beginning of a new Samvat (Hindu accounting year) & is observed by traders & investo

As Indian stock market participants debate on whether it is over-valued or not, there are some indicators we may look at or better understanding. Nifty price-to-earnings (PE) ratio is one such indicator even though there are multiple actors to b

Nifty price-to-earnings (PE) ratio was at 26.54 multiples even as the Nifty 50 share index hit a new high of 17,378 on Monday, September 6, 2021. The Nifty 50 helped by positive Asian sentiments and boost in Reliance Industries share, the key in