Shares of Jaypee Group’s flagship Jaiprakash Associates (JP Associates) plunged 7 per cent on Monday amid heavy volumes after defaulting on loan payments. The stock dived 7.14 per cent to…
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Ashish Kacholia upped stake in Yasho Industries, Xpro India; stayed put on Fineotex Chemicals
Seasoned investor Ashish Kacholia picked up stakes in at least three companies in the December quarter. This includes Raghav Productivity Enhancers where he entered for the first time. Kacholia stayed…
TCS, Wipro, Infosys, HCL Tech and TechM: Top 5 IT stocks added Rs 79,000 crore today
Five Tier 1 IT biggies namely TCS, Wipro, HCL Technologies and Tech Mahindra added a total of Rs 79,000 crore to their combined market capitalisation (m-cap) ahead of the kick start…
Same formula, strong market returns? Not possible, says Aequitas’ Siddhartha Bhaiya
Investors on Dalal Street may move away from the uncertain returns of the equity market back to the certain returns of fixed deposits amid the rising interest rate scenario in…
How Mukesh Ambani is preparing to beat Coke and Pepsi on their own turf
If the past six years have been marked by the fierce battle for dominance over the country’s telecommunications market between multibillionaire Mukesh Ambani’s Reliance and erstwhile leaders like Airtel, Vodafone…
BharatPe row: ‘Ask him to maintain decorum’, Delhi HC directs Ashneer Grover’s counsel
The Delhi High Court has directed the lawyer for former BharatPe managing director Ashneer Grover to ask his client to maintain decorum. While hearing a suit filed by BharatPe, Delhi…
Filatex India shares jump 12% today amid heavy volumes, halt 3-day losing run
Shares of Filatex India soared nearly 12 per cent in Monday’s trade, halting their losing run of three-straight sessions. The stock jumped 11.90 per cent to hit a day high…
The guitar-strumming CEO: How IDFC First Bank’s boss V. Vaidyanathan changed India’s NBFC space
Uday Kotak used to play the sitar. V. Vaidyanathan, another entrepreneur-banker, who loves to be called Vaidya, plays the guitar. For five years, between 2014 and 2018, he performed at…
Sensex jumps over 950, Nifty tops 18,100: Abbott India, IDBI & 134 others hit 52-week high
BSE stocks such as Abbott India, Godfrey Phillips India, IDBI Bank, Jindal Steel and Power and PNC Infratech and Power Finance Corporation are among 136 stocks that touched their respective…
Medanta, Fusion Micro Finance at Rs 550 each? What JM Financial says on two stocks
JM Financial has initiated coverage on Global Health (Medanta) and Fusion Micro Finance with ‘Buy’ ratings. For Medanta, the brokerage said a well-balanced hospital mix will drive healthy sustainable growth…