The Adani Group has hired a new chief for its entry into the media sector, pushing media stocks higher to hit circuit breakers on Monday and fuelling speculation of an acquisition move by the Gujarat-based conglomerate. The billionaire Gautam Adan

Indian stock markets have hit a new high with a renewed flush of money moving towards large-cap counters as investors are looking at some comfort factor rather than bet on high-beta mid- and small-cap stocks. Foreign portfolio investors (FPIs) or

If you are looking to invest in Glenmark Pharma, then here is all you need to know about the company, its business, and its growth prospects. About Glenmark Pharma Incorporated in 1977, Glenmark Pharma is a research-based, global pharmace

Founded by Sanjeev Bikhchandani in 1997, Info Edge (India) Ltd., is an internet company that has an online job portal (Naukri.com), a matrimony website (Jeevansathi.com), a real-estate classifieds platform (99 Acres.com) and an educational website (S

Cigarette maker ITC Ltd, which has diversified across fast-moving consumer goods (FMCG), hospitality, paper and other areas, has been one of the laggards in the stock market rally that has seen benchmark indices hit new highs. Despite being

The Indian government has approved a production-linked incentive (PLI) scheme for the automobile sector to help companies ramp up local manufacturing of cars, bikes and electric vehicles. The government has fixed an outlay of almost Rs 26,000 cror

Indian stock indices have scaled new highs and are now consolidating near their peak but are now seeing a rush of money towards large cap counters as investors, anticipating a correction from these levels, are looking at some comfort factor rather th

Gaurav Gupta, co-founder and head of supply at Zomato Ltd, has decided to leave the food delivery company after a six-year stint and barely two months after the firm’s initial public offering. “I am taking a new turn in my life and will be sta

Indian stock indices, which have scaled new highs and are now consolidating near their peak levels, have seen a rush of money towards large cap counters as investors—anticipating a correction from these levels—are looking at some comfort factor r

Kolkata-based ethnic wear company Vedant Fashions Pvt Ltd, the owner of the Manyavar brand, has filed its draft red herring prospectus (DRHP) with capital markets regulator SEBI to launch an initial public offering (IPO). According to the DRHP, th

The Indian government has approved the production-linked incentive (PLI) scheme for the textile sector for almost a dozen categories in a move that would boost domestic manufacturing and help local producers with an enhanced incentive structure. T

The Narendra Modi government has ambitious plans of raising Rs 1.75 trillion via disinvestment during the current financial year, and is banking on generating a lion’s share of this money from the Life Insurance Corp (LIC) of India. The governme