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Markets fall 1% as covid cases surge

Mumbai, March 24 -- Indian equity markets slipped over 1% on Wednesday amid fears authorities may tighten restrictions further as covid-19 cases continue to surge. According to reports, Maharashtra c... Read More


India's foreign trade policy must address rising commodity, logistics cost: Rupa Naik

MUMBAI, March 24 -- Rising commodity prices and escalating logistics cost could hamper the export potential of India's micro, small and medium enterprises (MSME) and, therefore needs to be addressed i... Read More


Ahead of IPO, Barbeque Nation raises Rs202 crore from 15 anchor investors

MUMBAI, March 24 -- Barbeque Nation Hospitality Ltd said it has raised Rs202 crore from 15 anchor investors ahead of its initial public offering (IPO) which opens on Wednesday. The issue price has be... Read More


Adani Green Energy hit Rs 2 trillion in market cap

MUMBAI, March 23 -- Adani Green Energy Ltd on Monday hit Rs2 trillion in market capitalisation, after its shares hit a record high. Having soared nearly 870% in last one year, the stock is now the mos... Read More


India Trust will raise Rs 1284 crore via rights issue

New Delhi, March 23 -- India Grid Trust said that its board approved raising Rs.1284 crore via issue of rights shares to its shareholders. The company will issue as many as 116.70 million shares at a... Read More


Govt to raise nearly Rs.755 crore by selling 15% stake in Rail Vikas Nigam

MUMBAI, March 23 -- The central government will sell a 15% stake in Rail Vikas Nigam Ltd via an offer for sale to raise nearly Rs755 crore. The issue will open on Wednesday for non-retail investors, ... Read More


Easy Trip Planners slips below its issue price as covid cases surge

MUMBAI, March 23 -- Shares of Easy Trip Planners slumped below their issue price of Rs187 apiece, after the stock slumped over 8% on Tuesday amid concerns over rising covid cases. So far today, share... Read More


Yield on 10-year gilt down 4 bps after RBI cancels weekly auction

Mumbai, March 23 -- Yield on 10-year government bond fell nearly 4 basis points on Tuesday after the Reserve Bank of India cancelled a scheduled weekly debt auction of Rs.20,000 crore of securities. ... Read More


Bank stocks gain as SC refuses to extend moratorium, complete waiver of interest

Mumbai, March 23 -- Banking stocks gained on Tuesday after the Supreme Court refused to interfere with the government and the Reserve Bank of India's (RBI) decision on the loan moratorium scheme and d... Read More


Adani Total Gas hits Rs.1 trln in market cap

Mumbai, March 23 -- Adani Total Gas Ltd became the fourth Adani group company to enter the elite club of Rs.1 trillion market capitalisation with its shares hitting an all-time high on Tuesday and soa... Read More