Category: Stocks

Transfer of 15 bad loan accounts worth Rs 50,000 crore to the National Asset Reconstruction Company could not be completed within the deadline due to procedural delays, Union Bank of India Managing Director and CEO Rajkiran Rai G on Wednesday said, and assured that the process will conclude by the end of April. In January […]

Capital markets regulator SEBI on Wednesday issued fresh guidelines for KYC Registration Agencies (KRAs) whereby such agencies will have to independently validate KYC records of all clients from July 1. The move comes after SEBI, in January, notified new norms to make KRAs responsible for carrying out independent validation of the KYC records uploaded onto […]

Power demand during March rose at the fastest pace in three months, with electricity shortages the worst since October due to soaring temperatures and a sharp uptick in economic activity. Reuters April 06, 2022 / 07:51 PM IST The average power purchase price on India’s largest electricity exchange, Indian Energy Exchange Ltd, surged in March […]

Earlier this week, HDFC Bank agreed to take over its parent and the country’s largest mortgage lender HDFC Ltd, as part of its strategy to fuel growth, especially in the affordable housing segment. PTI April 06, 2022 / 06:32 PM IST HDFC Bank ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); […]

Oil & gas, power and metal indices gained a percent each, while bank and IT indices fell a percent each. BSE midcap and smallcap indices ended with marginal gains. The Indian Market ended lower for the second consecutive day on April 6 amid weak global cues and selling in auto, bank and IT names. At […]

The indigenous 4G telecom network will soon be rolled out across India with the BSNL planning to install about 1.12 lakh towers throughout the country, Telecom Minister Ashwini Vaishnaw said in Lok Sabha on Wednesday. The minister also said the internet connection inside trains can be available only when the 5G network will be rolled […]

Tata Teleservices turned out to be the second biggest gainer in the BSE 500 index, rising 1,451 percent, in the last one year ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; […]

The Tata Group acquired Air India back from the government with a winning bid of Rs 18,000 crore The Northern summer 2022 schedule started with a lot of hope for airlines. The industry has been upbeat, even with rising costs and challenges on multiple fronts. Passengers have started travelling and business travel has returned in […]

Board approved the allotment of 6.61 crore shares to raise Rs 4,300 crore, days after the Patanjali-backed company launched a follow-on public offer (FPO) which was subscribed 3.6 times Ruchi Soya Industries ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else […]

Representative Image Gold prices dipped on Wednesday after the dollar and Treasury yields jumped to multi-year highs on hawkish comments from U.S. Federal Reserve officials and as cautious traders braced for the U.S. central bank’s minutes from its latest meeting. Spot gold was down 0.3 percent at $ 1,918.74 per ounce, as of 0612 GMT. U.S. […]

The company’s revenue growth in January-March was in low single digit while volumes were marginally positive on an exceptionally high 25 percent base, which led to double-digit volume growth on a two-year CAGR basis. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ […]

Stocks In the News: Check out the companies making headlines before the opening bell. Tata Steel | Tata Steel India achieved highest ever annual crude steel production of 19.06 million tons, with a growth of 13 percent YoY despite the COVID 2nd wave related disruption early in the financial year. Tata Steel India deliveries increased […]

Cryptocurrencies traded in the red early on April 6. The global crypto market cap is $ 2.09 trillion, a 3.51 percent decrease over the last day. The total crypto market volume over the last 24 hours is $ 110.65 billion, a 2.92 percent increase. The total volume in DeFi is currently $ 14.04 billion, 12.69 […]

The framework on the countercyclical capital buffer (CCyB) was put in place by the Reserve Bank in terms of guidelines in February 2015 wherein, it was advised that the CCyB would be activated as and when the circumstances warranted and that the decision would normally be pre-announced. PTI April 05, 2022 / 07:29 PM IST […]

The Dow Jones Industrial Average fell 45.5 points, or 0.13 percent, at the open to 34876.33. Reuters April 05, 2022 / 07:35 PM IST Wall Street’s main indexes opened lower on Tuesday, as the prospect of fresh sanctions on Russia kept investors on edge, while megacap growth stocks retreated after strong gains a day earlier. […]

(Representative image) Dairy major Amul feels prices will remain “firm” going forward due to increased pressure from energy, logistics and packaging costs, a top official said on Tuesday. “Prices will be firm, I can’t say by how much. They can’t go down from here, can only go up,” Amul MD RS Sodhi told told PTI when […]

The outlook for banks is expected to be stable amid improvement in credit growth of 8.9-10.2 per cent and decline in provisions in the current fiscal, rating agency ICRA Ratings said on Tuesday. Gross Non-Performing Advances (GNPAs) of banks are expected to decline to 5.6-5.7 per cent by March, 2023 as against an estimate of 6.2-6.3 […]

The issue is proposed to be listed on the Wholesale Debt Market Segment of the National Stock Exchange of India Ltd. PTI April 05, 2022 / 08:16 PM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { […]

In a written reply in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said market regulator SEBI, after investigation into the matter involving NSE and other entities, has passed requisite orders. PTI April 05, 2022 / 08:15 PM IST The income tax department, ED and CBI are investigating the case related to irregularities in co-location […]