India’s private equity and venture capital (PE & VC) investments in the Asia-Pacific region increased from 15% to 20% between 2021 and 2022 due to China’s tailwinds and India’s macroeconomic robustness, amid decelerating capital flow in the region, according to Bain & Company’s India Private Equity Report 2023. India saw investments of $61.6 billion in […]
Tier 1 auto components supplier Uno Minda has launched its new range of aftermarket filters for the commercial vehicle segment. The company says a vehicle engine needs high-quality filters to function properly and extract optimum performance. The engine and other costly internal components of an automobile can easily be corroded by pollutants such as dirt, […]
Adani Group stocks surged on Friday, with the flagship firm Adani Enterprises share price hitting the upper circuit, after US investment firm GQG purchased stakes worth $1.87 billion in four group firms. GQG is one of the world’s leading Global and Emerging Markets investors, which manages more than $92 billion in client assets. Adani Enterprises […]
Benchmark indices BSE Sensex and NSE Nifty traded with sharp cuts on Wednesday, as Sensex sank under the 60,000 level while Nifty declined 215 points, at 17,612. The sectoral indices and broader markets tumbled as well, and volatility gauge, India VIX soared 10.15%. Adani Enterprises, Reliance Industries, ICICI Bank, HDFC, HDFC Bank are the most […]
The Securities and Exchange Board of India (Sebi) has prohibited stock brokers and clearing members (CMs) from creating bank guarantees (BGs) from clients’ funds with effect from May 1. Existing BGs created out of clients’ funds will have to be wound down by September 30 this year. “Currently brokers and clearing members pledge client’s funds […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended Monday’s session broadly in green. The NSE Nifty 50 jumped 202.8 points or 1.12% to 18,271.8 and BSE Sensex 709.96 surged 1.16% to 61,764.25. In sectoral indices, Bank Nifty soared 622.8 points or 1.46% to 43,284, Nifty Financial Services climbed 280.1 points […]
In a relief for telecom operators – Reliance Jio, Bharti Airtel, and Vodafone Idea — the government does not seem to be going ahead with its earlier proposal of compulsorily displaying calling party names — Calling Name Presentation — in mobile calls. The clause which mandated this in the draft Telecom Bill has been dropped […]
The majority of top brokers have stopped providing the margin trading facility to investors wanting to take leverage on shares of several Adani Group companies, according to people in the know. The companies include Adani Green Energy, Adani Total Gas, Adani Power, and Adani Transmission that have been consistently hitting the lower circuit in the […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Tuesday, 21 March 2023, keeping costs steady for about nine months now. In Delhi, petrol is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is retailing […]
2024 will be another landmark year for the realty sector. As developers explore untapped growth areas, the coming year promises to fulfil the aspirations of India’s smaller cities, says Yash Miglani, MD of Migsun Group. In an exclusive interview with Sanjeev Sinha, Mr Miglani talks about the real estate’s growth trajectory in 2024 and what […]