The Go Digit General Insurance IPO may be in trouble but that has not stopped Axis bank from buying a stake in the cloud based insurer. It may be recollected that last week SEBI had put the Go Digit IPO in abeyance. An IPO in abeyance is not any stat

It was always going to happen. The only way the Tatas would benefit immensely from the takeover of Air India was if they merged their interests in Air India, Vistara and Air Asia into one single entity. That would have given them a market share of ar

Torrent Pharmaceuticals will acquire 100 stake in Curatio Healthcare for a consideration of Rs2,000 crore. Curatio has cash and cash equivalents on its balance sheet of Rs115 crore , so the effective enterprise valuation of Curatio comes to the net

Looking for stocks that could deliver good returns by September 29? Here are the High Momentum stocks that one must watch for tomorrow selected on a three-factor model. Many participants see a stock opening with a gap-up and wish th

The company rejigs its portfolio by increasing its stake in Swaraj Engines while reducing in Mahindra CIE Automotive. In a press release on September 27, Mahindra and Mahindra announced that it plans to acquire 17.41 of the paid-up capital

The shares surged 5 on the day. On September 28, the market is trading flat. At 12:23 pm, the S&P BSE Sensex is trading at 57151.27, up 0.08 on the day, while NIFTY50 is down 0.05 and trading at 16996. About Sectoral performance, Telecom is

The benchmark index mostly traded in the 16990-17170 zone for the last two days. The Nifty closed flat after a volatile trading session. It took support at 200DMA. On the hourly chart, it tried multiple times to breach the 16990 (200DMA) level and

On Friday 23rd September, the board of Tata Steel approved the amalgamation of its seven subsidiaries - Tata Steel Long Products, Tata Metaliks, The Tinplate Company of India, TRF Limited, Indian Steel & Wire Products, Tata Steel Mining and S&

Stock of Shree Renuka Sugars increased by 9.20. The stock rose 9.20 today on the BSE from its opening price of Rs 54.60 to its high of Rs 59.95. Its 52-week high and low are Rs 63.25 and Rs 24.45, respectively. The business intends to increas

Muthoot Finance, Rites, and Mazagon Dock Shipbuilders have witnessed a volume burst in the last 75 minutes of the trade. As the saying goes, the first, as well as the last hour of each trading session, is the most important and active in

The plan shall result in a significant reduction in interest burden to the tune of around Rs 400 crore annually. Shares of Hindustan Construction Co Ltd (HCC), an S&P BSE SmallCap company, are buzzing on the bourses today. As of 3.05 pm, the s

The Bombay Stock Exchange (BSE) has announced on Monday that it had received approval from SEBI to launch the Electronic Gold Receipts (EGRs) on its platform. The EGRs actually represent gold in a fungible manner and the spot gold would actually be t