In the world of private equity, money needs to find a home and many PE firms believe they know how to choose the right one. But talk to promoters of companies that these PE firms invest into and the ask is for a clear differentiator well beyond just an ability to “provide capital.” It is […]
As the festival Akshaya Tritiya draws near, the most auspicious day to purchase gold according to the Hindu tradition, gold prices are trading close to all-time highs. While gold disappointed investors in 2022, a slew of concurrent global factors gave rise to the yellow metal’s prices across the world so far this year. Ravindra V […]
Post merger between Shriram Transport Finance (SHTF) and Shriram City Union Finance (SCUF), loan book of the merged entity, Shriram Finance rises by 27% and the portfolio is more diversified. We revise our FY23-25 EPS by -4%/4% factoring in the merger. We believe AUM should grow at 15% CAGR over FY23-25e, but with some NIM […]
Latest news today (December 25): Presenting FE’s Breaking News today. We will keep you updated on all major news, views and much more throughout the day. President Murmu gives assent to 3 Criminal Law Amendment Bills President Droupadi Murmu has given assent to the three Criminal Law Amendment Bills. Bharatiya Nyaya Sanhita, Bharatiya Nagarik Suraksha […]
The country’s coal production increased 12.29 per cent to 664.37 Million Tonnes (MT) from April to December 25 this fiscal over the year-ago period, according to an official statement. The country’s coal output was 591.64 MT in the same period last year. “As per the latest statistics of the Ministry of Coal, the cumulative achievement […]
In the vibrant city of dreams, Mumbai, the success narrative of Bollywood luminary Shah Rukh Khan serves as an inspiration to countless aspiring actors. Emerging from a non-filmy background, Khan initiated his acting journey with the Doordarshan series Fauji, gradually ascending to the pinnacle of Bollywood triumph. Over the past three decades, Shah Rukh Khan […]
Benchmark indices Sensex and Nifty settled with gains for the third straight session on Monday, helped by buying in auto, banking and capital goods shares despite a spike in crude oil prices. The 30-share BSE Sensex rose 114.92 points or 0.19 per cent to close at 59,106.44 points with 22 of its components ending in […]
By Siddhant Mishra The benchmark indices gained on Tuesday, as retail inflation coming in at 5.88% — an 11-month low and below the Reserve Bank of India’s tolerance level — cheered the Street. IT and financials led the gains, with IndusInd Bank gaining 2.46%, Bajaj Finance rising 1.75%, and SBI, Kotak Bank, ICICI Bank, Axis […]
Foreign institutional inventors (FII) sold shares worth a net Rs 710.74 crore while domestic institutional investors (DII) purchased shares worth a net Rs 260.92 crore on Thursday, December 15, 2022, according to the data available on NSE. For the month till December 15, FII sold shares worth a net Rs 5,514.61 crore while DII bought […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmark equity indices ended the last trading session of the week broadly in green. The NSE Nifty 50 surged 272.45 points or 1.57% to 17,594.35 and BSE Sensex skyrocketed 899.62 pts or 1.53% to 59,808.97. Bank Nifty climbed 861.55 pts or 2.13% to 41,251.35 […]