With less than 3 months to go for the conclusion of FY22, it looks increasingly unlikely that the BPCL divestment will happen in the current fiscal. Clearly, the sale process of calling expression of interest and finalizing of bids has not happened a

In an interesting twist to the FMCG controversy, the All India Consumer Products Distribution Federation (AICPDF) decided to end the boycott of HUL after they were satisfied with the assurances given by Hindustan Unilever. It has agreed to observe

One of the big stories that the Commerce Minister, Piyush Goyal, likes to talk about is the surge in exports. For the first 9 months of FY22, ended December, India’s total exports came in at $300 billion. At this run rate, the total exports for the

How about a low cost method of participating in a portfolio of automobile stocks? For investors who have been looking for such an opportunity, there may be an answer just round the corner. ICICI Prudential Mutual Fund is launch the first Auto ETF, be

Nearly 4 months after SEBI cleared the proposal for setting up of gold exchanges, the regulator has notified rules for vault managers. While the gold exchanges will provide a platform for trading in non-physical gold, it is the vault managers who wil

Read here about breakout stocks, its meaning and what are the breakout stocks for today. Breakout Stocks: What are the breakout stocks for today? A breakout is a phase where stock price moves outside a consolidation with increased volumes. Such

For the December 2021 quarter, wholesale dispatches of Maruti in the passenger vehicles (PV) segment fell by -12.6 to 123,016 units. However, the hope is that two of its biggest challenges may be gradually easing. Firstly, the high prices of meta

The much awaited LIC IPO process may finally commence in the third week of January 2022 with the DRHP filing. While there is no official confirmation yet, it has been reported that this is very likely based on indications coming from the top official

Like in the last few quarters, Avenue Supermarts, the company the operates the D-Mart chain, has continued the tradition of announcing its quarterly sales on the first day of the new quarter. These are standalone sales that D-Mart reports and the num

Future Retail, part of the Future group, has defaulted on a repayment obligation of Rs.3,494 crore as of 31-December. This payment was due as part of a one-time debt recast offered by banks. Post the default, CARE Ratings has downgraded the debt of F

The month of December was actually a surprise for the auto numbers and a positive one too. The two traditional leaders in the passenger car segment saw de-growth in sales numbers for the month of December. However, most of the other major companies r

HDFC Life Insurance announced that it completed the acquisition of 100 stake in Exide Life Insurance from Exide Industries. The deal was struck a few months back and now HDFC Life Insurance has completed all the requisite approvals including the app