A Brief Overview For those who are unaware, market capitalization or m-cap is a vital instrument via which you can gauge the performance of a company. It refers to the aggregate valuation of a given company which is assessed keeping in mind its prevailing share price along with the number of outstanding stocks in their entirety. …
An Overview In May, India’s industrial production increased by 29.3% year-over-year, aided by base effects that exaggerated growth while obscuring the sequential deterioration in the month that was hit worst by the second wave. Retail inflation dropped slightly to 6.27 percent in June, down from 6.3 percent in May, but remained beyond the RBI’s target …
The government plans to fully sell stakes in BPCL, Air India and other public sector undertakings that have been listed for sale in the current fiscal, apart from working on the asset monetisation plan worth Rs 6-lakh crore. The government is reportedly expecting dividends worth Rs 50,000 crore from public sector units for the current …
A Brief Overview Infrastructure Investment Trusts (or InvITs) have suddenly shot to popularity among investors with funds to spare who seek out assets that surpass the low yields that ordinary debt instruments deliver. Keeping in mind the fact that over 90 percent of the income created needs to be distributed as per the regulations in …
Tega Industries has filed DRHP with SEBI to raise around Rs. 700 – 750 crores via an initial public offer. As per its DRHP, the IPO will comprise an offer for sale (OFS) of a maximum of 13,669,478 equity shares by promoters and existing shareholders. Madan Mohan Mohanka, Manish Mohanka, and Wagner Limited will be …
HDFC Bank is back in the business of credit cards as India’s banking regulator RBI lifted an eight-month ban on issuing new cards. The Reserve Bank of India (RBI) had imposed these restrictions on the bank due to frequent outages and glitches with their internet and mobile banking. This ban hit HDFC hard financially as …
IT behemoth TCS (Tata Consultancy Services) stock prices scaled new heights on 17 August 2021. The company has added over a percent in intraday trading on 17 August 2021. On BSE, TCS stocks were trading at a record high of Rs. 3520. The same was Rs. 3517.55 on NSE. The stock was upped by Rs. …
Ruchi Soya, owned by Patanjali Ayurved, managed to receive approval from the market regulator to raise Rs. 4,300 crores via a follow-on public offer or FPO. The said follow-on public offer will be launched to fulfill SEBI’s norm of at least 25% public shareholding in a listed company. Here’s more on this development. So, What’s …
An Overview The government and the Reserve Bank of India (RBI) were closely monitoring the impact of the US Federal Reserve’s interest rate hike, although domestic inflation was not a major issue at the moment because supply chain issues were being tackled, according to finance minister Nirmala Sitharaman. According to the finance minister, India was …
An Overview The government will shortly finalise the taxes issues of Indian companies’ overseas stock listings. Finance Minister Nirmala Sitharaman said on Monday that government departments have attended a handful of discussions on tax problems related to offshore listing and that the process had been “basically done.” Market participants have requested an exemption from capital …
