Spencer’s Retail, part of RP-Sanjiv Goenka Group (RPSG), is all set to unveil its brand new hypermarket chain called “Spencer’s Value Market”. These new stores are designed as a one-stop…
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Zomato shares down 10% in six days; tech charts hint weakness isn’t over yet, analysts say
Shares of Zomato fell sharply on Tuesday, extending their losses for the sixth straight session amid heavy volumes. The stock today slumped 4.93 per cent to close at Rs 50.15…
‘Allow NRIs to open demat accounts online’: Zerodha’s Nithin Kamath’s pathbreaking pitch to FinMin
Zerodha co-founder Nithin Kamath on Tuesday said Ministry of Finance should boost Indian markets by making opening of demat accounts less ‘cumbersome’ for non-resident Indians (NRIs). “Allowing NRIs to open…
RBI cautions states against reverting to old pension scheme
The Reserve Bank has sounded a note of caution on reversion to the old pension scheme by some states, saying it poses a major risk on the “subnational fiscal horizon”…
UCO Bank shares fall 3%, halt 2-day winning run; should you buy, sell or hold?
Shares of UCO Bank fell nearly 3 per cent on Tuesday, snapping their two-day winning run amid heavy volumes. The stock slipped 4.46 per cent to hit an intraday low…
LG India invests Rs 200 crore to start local manufacturing of side-by-side refrigerators
As the consumer durable industry waits for the production-linked incentive scheme (PLI) for refrigerators under Prime Minister Narendra Modi’s vision of Make in India and Aatmanirbhar Bharat Mission (Self Reliant India),…
Larsen & Toubro, HUL, SBI, IndusInd Bank among top gainers & losers today
Indian benchmark ended nearly 1 per cent higher on Tuesday amid strong buying in index heavyweights Reliance Industries and HDFC twins. Sensex zoomed 562.75 points to settle at 60,655.72. During…
Delta Corp stock falls over 3% ahead of Q3 earnings
Shares of Delta Corp fell over 3 per cent ahead of the gaming and casino firm’s Q3 earnings set to be announced today. Delta Corp stock hit an intraday low…
IIFL Finance shares jump 10% to trade near 52-week high level; here’s what analysts say
Shares of IIFL Finance rose sharply in Tuesday’s trade, halting their two-day losing run amid heavy volumes. The stock today jumped 10.28 per cent to hit a day high of Rs…
Shark Tank India Season 2: Delhi-based start-up Primebook bags Rs 75 lakh funding from Peyush Bansal, Aman Gupta
Made-in-India android laptop brand Primebook has secured Rs 75 lakh investment from ‘sharks’ Peyush Bansal and Aman Gupta in the second season of the popular business reality show Shark Tank…