Banking And Finance
HDFC Bank says all seven Bahrain claims over Credit Suisse AT1 bonds rejected
has won all seven cases filed against it in Bahrain by investors in Credit Suisse AT-1 bonds matter, providing the lender relief from a key legal overhang arising from allegations…
PPFAS Tax Saver vs Flexi Cap Fund: Same stocks but different returns. Which one performed better and why
Parag Parikh ELSS Tax Saver Fund has emerged as the worst-performing fund among all equity , excluding sectoral and thematic schemes, over the past year. The fund fell 9.52% during…
Investing in FDs or small savings schemes? 5 factors investors should compare beyond interest rates
Investing in fixed deposits (FDs) or small savings schemes? The interest rate may be the first thing you check, but it should not be the only factor guiding your decision.…
EPFO PF claim delay: Consumer commission orders 6% interest for 35-day delay
A consumer commission has ordered the Employees’ Provident Fund Organisation (EPFO) to pay 6% annual interest to a retired employee to compensate for a 35-day delay in settling his provident…
Market
Over 18% dip in YTD | Delhi-based realty company is bullish on this beaten-down stock — do you own?
Kama Realty, in an exchange filing on Thursday, proposed to acquire up to 32,00,000 equity shares of the chemical and polymer manufacturer Limited, from parent company Kama Holdings. The proposed…
Swiggy, Jindal Steel among stocks to buy | Kotak Securities’ expert bullish on 3 shares for short term | Do you own any?
Stocks to buy: The Indian stock market extended losses for the third consecutive session on Wednesday, 9 September, as rising oil prices due to escalating US-Iran tensions continued to weigh…
SBI Mutual Fund raises stake in sugar stock EID Parry to 9.13% | Check stock performance
SBI Mutual Fund has raised stake in EID Parry India Limited to 9.1363% after purchasing 78,142 shares in the Chennai-based ethanol and producer. With the recent purchase, SBI Mutual Fund…
This Tata Group stock surges 10% today amid a spurt in volume despite a weak stock market trend | Do you own?
A Tata Group stock surged almost 10% in morning trade on the BSE on Thursday, 10 September, defying weak stock market sentiment. Tata Investment Corporation share price opened at ₹618.55…
Market
Musk’s tunnel startup The Boring Company raises $3 billion at $23 billion valuation
The Boring Company, a tunnel construction startup founded by billionaire Elon Musk, has raised $3 billion in a new funding round that values it at $23 billion, according to a…
Ultraviolette Automotive to set up BIGGA Factory in Hosur, with phased investment of ₹779 crore
Electric vehicle maker Ultraviolette Automotive is getting ready to scale its production as it launches its new facility –Big Global Ambition (BIGGA) Factory- near Hosur in Tamil Nadu. Ultraviolette’s cumulative…
Qualcomm takes aim at India’s payments device market
Qualcomm Technologies, Inc. wants to squeeze three pieces of India’s payments hardware into one and sell it at a price affordable to the country’s smallest merchants, Manmeet Singh, India business…
Varun Beverages’ Kiva Spirits in advanced talks to acquire spirits maker Alcobrew for ₹2,000-2,500 crore
A newly incorporated liquor company, barely two weeks old, is already on the prowl for acquisitions. Pepsi-bottler Varun Beverages’ subsidiary, Kiva Spirits and Company Ltd, incorporated at the end of…
Axis
