US Fed 2-Day Meeting Ends, Rate Hike by 25 Bps Confirmed
On Wednesday, the US Federal Reserve announced a 25 bps increase in interest rates, taking the rate to a target range of 4.75-5 per cent....
Author : Chinmay Bohra
Anil Agarwal Denies Vedanta Stake Sale Reports, Calls Them Baseless and Untrue
Indian billionaire Anil Agarwal has dismissed reports suggesting he is considering selling his stake in Vedanta. The speculation arose after several media outlets reported that...
IFC to invest Rs. 240 crore to acquire a 5.6% stake in JK Tyre
Indian tyre manufacturer JK Tyre & Industries has secured Rs 240 crore ($30 million) investment from the International Finance Corporation (IFC) in exchange for a...
Asian Energy Shares Zoom After Parent Company Scores 20-Year Mining Contract
Asian energy saw a steep rise today as the parent company, Oilmax Energy Private, was awarded a 20-year mining lease by the Energy and Petrochemicals...
Indian Client Services won’t be affected after UBS acquisition, says Credit Suisse Spokesperson
Credit Suisse has confirmed that its merger with UBS will not affect services to its Indian clients, as the bank is focused on ensuring a...
Bandhan Bank Share Gains Most in 8 Weeks Over ED Appointment and Bids for Stressed Assets
Bandhan Bank has announced that Ratan Kumar Kesh has been appointed the bank’s Executive Director (ED), subject to shareholder approval, for three years starting March...
CSB Bank Sees Highest Intraday Surge in 10 Months
CSB Bank experienced its sharpest intra-day surge in the past 10 months, with shares soaring 13% to Rs 254.15 amid heavy trading volumes during the...
Zee Entertainment Share Rises 14% in 4-Days in Hopes of Merger with Sony and Settlement with Lenders
Zee Entertainment Enterprises (ZEE), a TV broadcasting and software production company in India, has been involved in an ongoing dispute with IndusInd Bank. The bank...
SEBI Approves BoB-backed IndiaFirst Life Insurance for IPO
IndiaFirst Life Insurance Company, promoted by the Bank of Baroda, has received approval from the Securities and Exchange Board of India (SEBI) to launch an...
Brokerage Firms See RIL as a ‘Bargain Buy’ Estimate a 35-39% Upside in Coming Year
The shares of Reliance Industries Ltd. (RIL) saw almost a 3% rise today after 8 consecutive down sessions. The stock has corrected nearly 20% in...