Month: April 2021

Asian equities are poised to rise on Tuesday after the S&P 500 and Dow indexes set records as a streak of strong U.S. economic data fueled optimism even as a … Read More

Overnight, on the heels of a bumper jobs report on Good Friday, March data showed a gauge of U.S. services activity hit a record high while at the same time … Read More

Over 85% of the ongoing corporate insolvency cases have dragged beyond 270 days, which was the upper limit for finalisation of the process. Latest data released by the Insolvency & … Read More

His exit comes as Sundaram is set to buyout the Indian asset management business of US-based financial services group Principal in an all cash transaction, which is waiting for approval … Read More

The RBI cut its policy repo rate against which the lending rates of banks are benchmarked by 115 bps over the period to 4 per cent. The central bank has … Read More

The BSE Sensex fell 870.51 points or 1.74 per cent to close at 49,159.32, having plunged almost 2.3 per cent during trade. NSE’s Nifty declined 229.55 points or 1.54 per … Read More

The bank was already facing scrutiny over its relationship with British finance firm Greensill, which collapsed into insolvency last month.   – Stocks-Markets-Economic Times

Roy said multiplex stocks may see a time correction. “From a long-term perspective, we like the sector but Q1 (June quarter) will be a washout,” said Roy. For many of … Read More

Potential additions to the MSCI Small Cap index include Tata Motors DVR, Intellect Design, SKF India, Poly Medicure, Grindwell Norton, CG Power, Asahi India Glass, Elgi Equipments, NCC, Solar Industries, … Read More