18th Oct 2021
With a slew of IPOs already slated to hit the primary market in the last week of October, there are more big IPOs getting lined up. Two more companies got SEBI approval for their proposed IPOs and can now seriously start actioning the IPO process.
14th Oct 2021
When the coal crisis came to the fore, threatening a virtual blackout in many states, it looked like the power sector was the worst affect. However, now the downstream impact is being felt. One such instance is of aluminium companies, which is an ext
For the month of September 2021, US inflation touched 5.4, largely driven by a spike in food and housing inflation. This is the highest level of retail inflation in the US in the last 13 years, and this level was last seen during the peak of the glo
In the midst of the pandemic, the supply chain disruptions caused by China and the Doklam/Ladakh stand-off, it was expected that Indo-China trade would get impacted. But, what has happened, is the exact opposite. India-China merchandise trade looks s
Just a couple of days before Dussehra, Prime Minister Modi announced the ambitious Gati Shakti (National Masterplan) for multi-modal connectivity. Apart from de-clogging these infrastructure projects, the PM Gati Shakti also endeavours to adopt a mor
13th Oct 2021
Infosys Ltd – Q2 Results (Sep-21) For the Sep-21 quarter, Infosys reported 20.48 growth in total revenues Rs.29,602 crore. Revenues were sequentially higher by just about 6.12. Net profits for the quarter were up 11.9 YoY at Rs.5,421 cro
Reliance New Energy has been in the news this week. After the acquisition of Norwegian Green firm, REC, and a 40 stake in Sterling & Wilson Solar, the latest deal pertains to manufacturing Hydrogen Electrolyzers. Reliance New Energy has partnere
After a gap of almost 17 months, airlines were allowed to operate flights at 100 of pre-COVID capacity. That effectively means all restrictions on flying have been lifted. The Ministry of Civil Aviation has not yet removed the caps on fares that it
Four months after the RBI gave in-principle approval to Centrum Financial Services to float a small finance bank (SFB), the RBI has granted the SFB license to the consortium of Centrum and BharatPe. The SFB promises to be India’s first pure digital
In the last one month, the stock of Tata Motors has rallied close to 40. One of the key drivers of this rally has been the proposed investment by private equity investors in its Electrical Vehicles (EV) business. On 12th October, the announcement fi
On 12th October, 3 important macro data points were out in the market. The first two were domestic; consisting of September Inflation and August IIP. The third data point pointed to IMF estimates of India’s GDP growth. How did retail inf
12th Oct 2021
The Tata group overall has been one of the biggest wealth creators in the last one year. You pick any stock be it TCS, Tata Steel, Tata Motors, Titan or Tata Power; they have all given exceptional returns in the last one year. But two stocks have sto
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