[ad_1] Mining giant Vedanta-owned firm, Hindustan Zinc received an official penalty notice from the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) over non-compliance of the number of independent directors on the firm’s board, according to an exchange filing. “The Company has received a Notice from BSE Limited and National Stock Exchange of…
[ad_1] Mumbai: The bulls roared back into Dalal Street on Tuesday, as both domestic and foreign investors pumped for Indian equities, sending the markets up by the highest margin in more than a month. Experts said the sharp correction seen over the past six months encouraged investors to buy as stocks fell to attractive levels….
[ad_1] India’s Competition Commission of India (CCI) on Monday, March 17, approved fast-moving consumer goods (FMCG) giant Hindustan Unilever’s plea to acquire a majority stake in premium skincare brand Minimalist, according to a social media post on X. “CCI approves acquisition of Uprising Science Private Limited by Hindustan Unilever Limited,” said the CCI in its…
[ad_1] India is structurally strong and cyclically slow, which led to a slowdown in corporate earnings from 8% to 10% from 15-20%. High interest rates, India’s general elections, and global political shifts contributed to the slowdown. The equity market trades at 19x, close to the Covid Feb 2020 lows of 18.3x. Also Read | Wall…
[ad_1] Dividend Stocks: Shares of major companies, including Castrol India, Angel One, Power Finance Corporation, Acceleratebs India, and IRFC are among others set to trade ex-dividend on Monday, March 17, 2025. According to the BSE data, some companies have announced other corporate actions, such as bonus issues and stock splits. Also Read | Buy or…
[ad_1] India’s mergers and acquisition (M&A), along with the private equity (PE) deals, hit a new monthly high of $7.2 billion in February 2025, reported the news agency PTI, citing a Dealtracker report of Grant Thornton Bharat on Saturday. This new high marked the largest deal volumes in the last three years. This rise in…
[ad_1] New York-based investment giant Blackstone Inc. will acquire a 40 per cent stakeholding in Kolte-Patil Developers Limited, an Indian real-estate firm, for a value of â‚ą1,167.03 crore, according to an exchange filing. This transaction will trigger an open offer for Blackstone to purchase the shares from the existing promoter shareholders. According to the BSE…
[ad_1] Stock market: Indian stocks have been going through a rough phase in recent months as the world’s fifth-largest stock market faces heightened uncertainty, driven by Donald Trump’s stop-start tariff policies, which are pushing investors away from risky bets due to concerns about the global economic fallout. From West to East, all major markets are…
[ad_1] The biggest single-day fall in the price of IndusInd Bank shares on Tuesday, 11 March, wiping out more than a quarter of its market value, raises a number of questions. The sharp sell-off followed the lender’s disclosure of accounting discrepancies related to its derivative trades, triggering a spate of analyst downgrades. The fact that…
[ad_1] Investors in Bharti Hexacom Ltd stock must be a happier lot vis-Ă -vis their counterparts in Bharti Airtel Ltd, the parent company holding a 70% stake in the former. Hexacom’s shares have gained as much as 66% since its listing day’s closing price of â‚ą813.30 apiece on 12 April 2024. In comparison, the gains in…
