Category: Stocks

After taking over the loss-making Air India in January this year, Tata group has been working on reviving the carrier’s fortunes and is also implementing the long-term transformation plan ‘Vihaan.AI’. PTI October 21, 2022 / 12:14 PM IST Air India (Representational image) Air India has appointed Henry Donohoe, who has extensively worked with various international […]

The stock of Axis Bank trades at a significant discount to its larger private sector peers and we see enough headroom for rerating 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 One […]

The funding round was led by Green Frontier Capital (GFC), a VC fund focusing specifically on climate investments; LC Nueva Investment Partners, a partnership between Singapore’s Lighthouse Canton and Nueva Capital, and existing investors. PTI October 20, 2022 / 10:23 AM IST Representative image Electric vehicle financing digital platform Revfin on Thursday said it has […]

The Mumbai-based drug maker said it has become the first company to launch Teneligliptin (20mg) + Dapagliflozin (5mg/10mg) fixed-dose combination for the treatment of adult patients with type 2 diabetes. PTI October 20, 2022 / 12:27 PM IST Glenmark Pharmaceuticals ‘); $ (‘#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’] […]

Reuters had reported large lenders are reluctant to process direct rupee trade transactions with Russia for fear of becoming the target of sanctions over the invasion of Ukraine, and New Delhi is counting on smaller banks like UCO and Yes. Reuters October 20, 2022 / 12:56 PM IST Representative image ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] […]

Muthoot Finance Ltd. is extending a trend in emerging Asia that’s dragged down bond issuance in the US currency to its lowest since 2015. October 20, 2022 / 01:06 PM IST Gold ‘); $ (‘#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(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); […]

Representative image. India’s central bank is likely to loosen its recent grip over the rupee, analysts at Citigroup Inc. and Barclays Plc said, leaving the local currency vulnerable to plumb fresh lows against the almighty dollar. Citi expects the rupee to push to 85 to a dollar, while Barclays says that the risk of a […]

The global pharmaceutical major will acquire all rights to Brovana (arformoterol tartrate) Inhalation Solution and Xopenex HFA (levalbuterol tartrate) Inhalation Aerosol for $ 75 million. Lupin ‘); $ (‘#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(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} if(resData[stkKey][‘percentchange’] >= 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); […]

HDFC With over Rs 7,200 crore in subsidy disbursals, the largest pure-play mortgage lender HDFC has cornered over 15 per cent of the credit-linked subsidy scheme for affordable housing since its launch in June 2016. The 45-year-old Corporation, which is awaiting a reverse merger with its subsidiary HDFC Bank, has also won the best housing […]

The private lender’s net profit rose 10.6 percent quarter-on-quarter from Rs 1,631 crore in Q1FY23. Operating profit has gone up 10 percent YoY and 3 percent QoQ to Rs 3,554 crore. ‘); $ (‘#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(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} […]

Analysts at Motilal Oswal Financial Services have a buy rating on the stock with a target of Rs 700 AU Small Finance Bank The September quarter performance of AU Small Finance Bank failed to delight D-Street as share price of the Jaipur-based bank dropped 3.5 percent on October 20. The bank reported modest operating profitability, said […]

The growth outlook of IndusInd Bank is strong and seen in this context, the valuation is still reasonable 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 overall show from IndusInd Bank Asset quality […]

“Board of Directors of Inox Wind at its meeting held today i.e. 19th October, 2022 has, inter-alia, considered and approved…issuance of Rated, Listed, Unsecured, Redeemable, Principal Protected, Senior, Market-linked Non-Convertible Debentures having a face value of Rs 10,00,000 (Rupees Ten Lakhs only) each aggregating up to Rs 75,00,00,000,” a BSE filing stated. PTI October 20, […]

Stocks to Watch: Check out the companies making headlines before the opening bell. Results on October 20: ITC to be in focus ahead of September FY23 quarter earnings on October 20. ITC, Asian Paints, Axis Bank, Bajaj Finance, Tata Consumer Products, Colgate Palmolive, Aarti Drugs, Canara Bank, Central Bank of India, Clean Science and Technology, […]

Representative image It is fairly common to use your friend’s Netflix password, something most college-goers do. In a bid to crackdown this practice, starting 2023, the streaming service is planning  to allow users to create sub-accounts to “monetize account sharing” more widely, says a report by The Verge. Netflix added over 2.4 million subscribers in the third quarter […]

The company had retailed a total of 141 cars in the third quarter of 2021, according to Porsche India. PTI October 19, 2022 / 01:03 PM IST Porsche (Image: Porsche) Luxury car maker Porsche India on Wednesday reported about 37 per cent rise in its sales to 193 units for the third quarter of 2022. […]

“Our internal target is minimum, one model, the first model of flexi-fuel motorcycle to be launched by end-2024,” Atsushi Ogata, chief executive officer of Honda Motorcycles and Scooters India said at the International Conference on Biofuels in New Delhi. Reuters October 19, 2022 / 01:15 PM IST Honda Motorcycles & Scooters India Honda Motorcycles and […]

The government will provide comprehensive support from the supply, policy and demand side for the sale of flexi fuel – E10 (a blend of 10 per cent ethanol with petrol) and E20 (20 per cent ethanol with petrol) – vehicles, a viable business proposition for the auto industry, he said here at an event organised […]

As on record date, shareholders will receive one equity share of Aarti Pharmalabs for every four shares of Aarti Industries. The company had announced the demerger last year in August to focus on the opportunities within each sector separately Representative image. Shares of speciality chemicals manufacturer Aarti Industries hit a 52-week low of Rs 642 […]

The fund house manages Bharat Bond Exchange Traded Funds (ETFs). PTI October 19, 2022 / 02:03 PM IST Bharat Bond Exchange Traded Funds, a central government initiative, have crossed the Rs 50,000 crore asset under management mark in just two-and-a-half years, Edelweiss Mutual Fund said on Wednesday. The fund house manages Bharat Bond Exchange Traded […]