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PTI
May 22, 2021
Wheels India is planning a capital expenditure of Rs 100 crore that will go into the wind segment where we will be setting up a new plant in Thervoy Kandigai near Chennai, said Managing Director Srivats Ram


PTI
May 21, 2021
The decision has been taken in consultation with the Reserve Bank of India, the Securities and Exchange Board of India (Sebi) said in a circular


Avneet Kaur
May 21, 2021
The best performing scheme in the category, Quant Small Cap Fund has given 217 per cent returns in the last one year. The second best performer, Kotak Small Cap Fund has generated 139 per cent returns


Manas Tiwari
New Delhi, May 21, 2021
Everyone wants to buy and sell Bitcoin and other cryptocurrencies in India but, there are a lot of questions that keep popping up. We try to answer some frequently asked questions about cryptocurrencies.


Reuters
May 21, 2021
US Federal Reserve chief Jerome Powell underlined cryptocurrency risks in an unusual video message that also laid out a clearer timetable as the Fed explores the possibility of adopting a digital currency of its own


Avneet Kaur
May 19, 2021
Some industry experts recommend building a long term portfolio by investing in crypto currencies in a disciplined manner via SIP, like in mutual funds.


PTI
May 19, 2021
According to TCS' annual report for 2020-21, Gopinathan received Rs 1.27 crore in salary, Rs 2.09 crore in benefits, perquisites and allowances, and Rs 17 crore in commission


Mehak Agarwal
May 19, 2021
The hospital in Sitapur has been fully funded by the Maruti Suzuki Foundation, which is the CSR division of Maruti Suzuki India


BusinessToday.In
May 18, 2021
The actual corpus will be a function of savings, withdrawals, market performance and time horizon. Either way, it is advisable that you save at least 30 per cent of your salary.


Sarthak Dogra
Noida, May 18, 2021
Several accounts impersonating Elon Musk on social media have managed to scam people out of their cryptocurrency holdings in the recent past.


Reuters
May 18, 2021
In a regulatory filing on Monday, Berkshire said it owned just $26.4 million of shares in the fourth-largest U.S. bank as of March 31, down from around $32 billion in January 2018


Manas Tiwari
New Delhi, May 17, 2021
WazirX has announced that it will compensate investors who bought Shiba Inu coins on its platforms at the higher price.


Reuters
May 16, 2021
The COVID-19 crisis has hit the Indian bureaucracy badly with many key officials infected by the coronavirus, slowing decisions on privatisations, among other proposed reforms


Avneet Kaur
May 14, 2021
\"Rising coronavirus cases, continuous liquidity injections, rising inflationary expectations, economies growing on the back of debt, Middle East tensions, trade war between US and China and few other factors continue to boost the sentiment and build a strong case for higher gold prices,\" says Manav Modi, Analyst at Motilal Oswal


Associated Press
May 14, 2021
Hyundai Motor Group, which includes Hyundai Motor Co. and Kia Corp., said Thursday that Hyundai and Kia will invest in growing its electronic manufacturing footprint to scale production and satisfy US market demands


Manoj Sharma | Mudit Kapoor
May 13, 2021
At Rs 300, the expected earnings from, let's say, 500 million doses of Covishield stand at about Rs 15,000 crore, which is near three times the total revenue of Serum Institute in FY20


Anand Adhikari
New Delhi, May 13, 2021
The government and LIC have taken a decision to offload the equity stake in the development financial institution turned IDBI Bank to a strategic investor. But the big question is at what price the stake will be sold to a strategic investor. At the current valuations, the bank will be sold at a dirt-cheap price.  In fact, the sale should be based on the forward-looking parameters, which are very encouraging for the bank. The bank has witnessed a turnaround with the first-ever profits in the last five years. It has completely shifted from a corporate bank to a retail bank, which is much secured in terms of asset quality. The LIC-IDBI Combo offers a huge opportunity to cross-sell as the insurance giants have crores of customers.  And finally, the new buyer has to pay a control premium for acquiring a large stake and also a banking license, which is difficult to get as there are many aspirants. Anand Adikari, Executive Edtior, Business Today looks at the valuation issues surrounding the stake sale. Also Read : E-investingWatch More: How to make ARCs more effective to manage post-Covid NPAs  


BusinessToday.In
May 12, 2021
The consortium, including Canada Pension Plan Investment Board and Rakesh Jhunjhunwala-backed RARE Enterprises, has agreed to purchase the Undertaking through an SPV controlled by them, in the name of Zenex Animal Health India Private Limited for Rs 2,921 crore


Rajeev Dubey
New Delhi, May 12, 2021
The spotlight is now on the big emitters to get India to the goal of zero carbon by 2050. Tatas, Reliance Industries, Aditya Birla Group, Mahindras, ITC, Larsen and Toubro, Adani, JSW, Essar, Vedanta, ACC and others have already articulated their intention to achieve \"net zero emission\" by slashing greenhouse gases


Sumant Banerji
New Delhi, May 12, 2021
Ethanol blending promises to open up a sizeable market for the domestic sugar industry to utilise excess production, without hurting farmer interest


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