Govt proposes slew of changes to insolvency law

The government on Wednesday proposed a slew of changes to the insolvency law, including fast-tracking the process and expanding the scope of pre-packaged framework. The Insolvency and Bankruptcy Code (IBC),…

Rs 70 or Rs 100, where are RVNL shares headed after 14% jump in January so far?

Shares of Rail Vikas Nigam (RVNL), the infrastructure arm of Indian Railways, have jumped 14 per cent so far in January this year. The stock on Wednesday surged 4.97 per…

Tata Investment shares slip 4% today; immediate support seen at Rs 2,100, says analyst

Shares of Tata Investment Corporation fell nearly 4 per cent on Wednesday after announcing quarterly results for the third quarter of current financial year (Q3 FY23). The stock slipped 3.74…

Just Dial shares climb 15% since Q3 earnings; what should investors do?

Shares of search engine provider Just Dial ended 6% higher amid a market rally today. With today’s rally, Just Dial stock has gained 15.26% since Q3 earnings were announced last…

IndusInd Bank Q3 results: Profit jumps 58% to Rs 1,964 crore; NIM improves to 4.27%

IndusInd Bank on Wednesday reported a 58 per cent year-on-year (YoY) rise in consolidated net profit at Rs 1,964 for the December quarter crore compared with Rs 1,242 crore in…

Genetic diagnostic firm MedGenome says it’s evaluating inorganic growth, to target emerging markets

MedGenome, a domestic genetic diagnostic company, is considering inorganic growth to boost its business in emerging markets.  The company currently has a comprehensive genetic diagnostic portfolio of more than 1,300…

Sensex tops 61K, Nifty settles above 18,150; Tata Steel jumps 3%, Nykaa drops 3%

Benchmark stock indices on Wednesday settled higher for the second straight session, thanks to buying in the HDFC twins, Larsen & Toubro, ICICI Bank and Bharti Airtel. Most Asian markets…

HUL to ITC, why FMCG biggies are seeking wealth in health

Salt-to-cigarettes conglomerate ITC Ltd. is picking up a significant stake in the homegrown start-up Sproutlife Foods Pvt. Ltd. (SFPL) that owns popular health food brand Yoga Bar. The Kolkata-headquartered major…

Adani Enterprises’ Rs 20,000-cr FPO from Jan 27-31

Adani Enterprises, Adani Group’s flagship firm, on Wednesday has sought Rs 20,000 crore through follow-on public offer before the Union Budget on February 1, as per the prospectus issued on…

Blue Tokai raises $30 million in Series B funding led by A91 Partners

Specialty coffee start-up Blue Tokai has raised $30 million in Series B funding led by A91 Partners. The list of participants in the round included White Whale Ventures, and existing…