Category: Stocks

The secured redeemable non-convertible debentures (NCDs) issue will have a base size of Rs 4,000 crore with an option to retain oversubscription of up to Rs 1,500 crore. PTI November 15, 2022 / 02:02 PM IST HDFC Mortgage lender HDFC will raise up to Rs 5,500 crore by issuing bonds on private placement basis to […]

While competition is increasing, the travel & tourism market is also growing, making Ease My Trip a long-term survivor EaseMyTrip (Image source: Shutterstock/File) PRO Only Highlights–  Quarterly performance largely backed by improved realisations–  Medium-term triggers China plus and protectionist measures for tyre industry–  Valuations not inexpensive; but improved medium-term outlook Highlights Strong revenue performance […]

TCS has bagged the tender for the rollout of BSNL’s 4G services 4G State-run Bharat Sanchar Nigam Ltd (BSNL) is expected to launch its 4G services from January, CNBC-Awaaz said on November 15. India’s biggest software services exporter Tata Consultancy Services (TCS) has bagged the tender for the construction of towers to enable the rollout […]

Representative Image Dear Reader,  The Panorama newsletter is sent to Moneycontrol Pro subscribers on market days. It offers easy access to stories published on Moneycontrol Pro and gives a little extra by setting out a context or an event or trend that investors should keep track of.  The benchmark index Nifty 50 has staged a […]

The 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNCC), known as COP27, started in Egypt on November 6. It has greater corporate participation this year, signalling the realisation that while governments make the policies, it will be up to the companies to execute the plans, ReNew Power founder […]

“Committee of the Board at its meeting held today… approved the issue of 3,000 secured, unlisted, redeemable, rated NCDs having a face value of Rs 10 lakh each for cash at par aggregating to Rs 300 crore, on a private placement basis,” a BSE filing stated. PTI November 15, 2022 / 11:39 AM IST Power […]

Air India The US has ordered Tata-group owned Air India to pay a whopping USD 121.5 million as refunds and USD 1.4 million as penalties for extreme delays in providing refunds to passengers due to the cancellation or change in flights, mostly during the pandemic, officials said. Air India is among the six airlines that […]

Several automakers, including Tata Motors, are aggressively shifting towards greener forms of energy for their vehicles as they try to reduce their dependence on fossil fuels, with India targeting net-zero carbon emissions by 2070. Reuters November 15, 2022 / 08:29 AM IST Representative image ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // […]

The company has received approval from the US Food and Drug Administration (USFDA) to market its product which is a generic version of Hikma Pharmaceuticals USA Inc product, Alembic Pharmaceuticals said in a statement. PTI November 14, 2022 / 11:16 AM IST Pharma ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ […]

A bench comprising Chief Justice D Y Chandrachud and Justice J B Pardiwala was urged by a counsel for home buyers to set up a fresh bench as the matters pertaining to the Amrapali group were being heard by a bench headed by the then CJI U U Lalit, who demitted office on November 8. […]

Credit crises are lurking in every corner of emerging markets and the latest scares are no less dramatic. (Photographer: Qilai Shen/Bloomberg) Global investors who had enough of Chinese real estate developers’ default drama have been looking for safe havens elsewhere. They are coming away feeling disappointed. Credit crises are lurking in every corner of emerging markets and the […]

The ‘Made in India’ EQS 580 generated 300-plus confirmed bookings within the first two weeks of launch (Image: Mercedes Benz) Setting up a fully integrated business unit for the auto industry in a foreign country takes money, time and, most importantly, market-readiness in terms of adoption and affordability. But how would that work when it’s for a new […]

Hitesh Oberoi, the chief executive officer and managing director of Info Edge in an interview with CNBC TV-18 talked at length on the state of hiring in IT and non-IT sectors and shared his views on the company’s second quarter results. Excerpts from the interview: IT hiring will get back to a more normal kind of […]

Representative Image Auto component suppliers are expected to log an 8-10 per cent growth in revenue this fiscal driven by healthy domestic original equipment manufacturers (OEMs) and pent-up demand from the aftermarket even as headwinds persist on the exports front, credit ratings agency ICRA said in a report. For the first half of the current […]

The suit is expected to impact Natco Pharma, Dr Reddy’s Labs, Cipla, and Zydus Lifesciences. All these companies had launched Revlimid during the second COVID-19 wave in September 2021 The 85-page long complaint alleges that a multifaceted, anti-competitive scheme was initiated by Celgene and BMS and later joined by Natco and Teva. This according to […]

LIC is serious about getting its growth mojo back and the 2.8-percentage-point market share gain during the quarter is a good start. But the big question is whether this is enough for investors who picked up its stock at the IPO to finally get any bang for their buck LIC’s balance sheet heft and market […]

If the gold-loan company tries to recoup growth, it will come at the cost of margin, given the competitive intensity Representative image PRO Only Highlights–  Quarterly performance largely backed by improved realisations–  Medium-term triggers China plus and protectionist measures for tyre industry–  Valuations not inexpensive; but improved medium-term outlook Highlights No improvement seen post […]

A round-up of the biggest articles from newspapers 1. Direct tax collections likely to see 14-17% increase in 2023-24 The Finance Ministry, which is working on revised estimates for the current fiscal year and Union Budget estimates for 2023-24 as part of the budget-making exercise, is looking at pegging 14-17 percent growth in Direct Taxes […]