As per reports, there is a potential deal between Malaysia’s Petronas and NTPC’s RE arm. Petronas is said to be offering $460 mn for a 20% stake in NTPC’s RE arm. At the end of the Q3 of FY2022-23, the company had commissioned approximately 2.9 GW of RE capacity and had 4.7 GW under construction. […]
Satish Reddy’s journey is not just a tale of corporate success but a narrative of positive impact and transformative leadership in both business and societal realms. Who is Satish Reddy? Satish Reddy, the dynamic chairman of Dr. Reddy’s Laboratories, stands as a testament to the prowess of the second generation of business leaders in India. […]
Sebi has barred four entities from the securities markets for six months for providing unauthorised investment advisory services and directed them to refund investors’ money collected through such services within three months. Those restrained by Sebi are — Course Work Focus of Shashank Hirwani, Capital Research, its proprietor Gopal Gupta, and Rahul Patel (proprietor of […]
Options trading has become a cash cow for the National Stock Exchange of India (NSE), which now has a near monopoly in equity F&O trading. More than two-thirds of NSE’s trading revenue now comes from options trading volumes, according to estimates by foreign brokerage CLSA. This number was 25-30% before the outbreak of the pandemic. […]
Indian equity indices rose on Tuesday in the mid-day session as the CPI inflation data came in lower than expected. The market sentiment improved following a positive trend in global markets. The 30-share BSE benchmark Sensex jumped over 250 points and NSE Nifty climbed 0.26%. In other Asian markets Japan’s Nikkei 225 rose 115 points […]
The Securities and Exchange Board of India (Sebi) on Friday said it has disposed of charges against L&T Mutual Fund and its former officials on violation of norms during inter-scheme transfers between April 2017 and June 2018. The closure of the case came after the fund house and its former officials applied for settling the […]
Benchmark indices BSE Sensex and NSE Nifty snapped their two-day gaining streak on Thursday to trade flat. Sensex fell around 38 points to 58,176. while Nifty 50 sank below 17,151 mark amid a volatile market. The broader markets traded in the red, the worst loser was Nifty Midcap 50, down 0.43%. Sectorally, indices traded mixed, […]
The Indian rupee opened 10 paise lower at 82.59 per dollar on Thursday against the previous close of 82.49. The local unit is expected to depreciate today amid rising crude oil prices and strong dollar. Further, persistent FII outflow from domestic equity markets may pressurise the rupee. Meanwhile, investors will closely watch initial jobless claims […]
A makeshift bridge, set up as part of Christmas celebrations at Poovar near Neyyattinkara here, collapsed causing injuries to several persons, police said. A senior officer of the district said that 7-8 persons were injured in the incident with one of them — a woman — suffering a major fracture in her leg. The officer […]
Stock Market Today, Nifty, Bank Nifty: Nifty, Sensex may remain volatile amid mixed global cues on weekly F&O expiry. The US and India CPI inflation moderated in March. The Nifty futures on the Singapore Exchange were trading 16 pts or 0.09% lower at 17,863.50 in the early morning trade. Asian markets were trading mixed, with […]
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