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Byju's in talks to go public via SPAC deal, seeks $48-bn valuation: Report_7757

The startup held talks with several potential SPAC partners and is farthest along in working out an agreement with Michael Klein's Churchill Capital

Byju's in talks to go public via SPAC deal, seeks $48-bn valuation: Report_7757
Updated On : 17 May 2022 | 8:41 AM IST

Omicron cases doubling in 1.5-3 days in areas with local spread: WHO_8690

However, it is unclear if this is due to the virus' ability to evade immunity, its inherent increased transmissibility or a combination of both, the WHO said in an update

Omicron cases doubling in 1.5-3 days in areas with local spread: WHO_8690
Updated On : 18 Dec 2021 | 8:33 PM IST

A Hindutvawadi bathes alone in Ganga, says Rahul in Amethi, targeting Modi_8719

'Narendra Modi Ji says I am a Hindu, but when did he protect the truth,' says the Congress leader

A Hindutvawadi bathes alone in Ganga, says Rahul in Amethi, targeting Modi_8719
Updated On : 18 Dec 2021 | 8:06 PM IST

The five books that Mukesh Ambani says helped him make sense of 2021_8674

Stuff your stockings with these recommendations from Asia's richest man

The five books that Mukesh Ambani says helped him make sense of 2021_8674
Updated On : 18 Dec 2021 | 3:03 PM IST

Advance tax collection rises 54% to Rs 4.6 trn in FY22 so far: FinMin_8447

The finance ministry on Friday said advance tax collection increased by 53.50 per cent to Rs 4.60 lakh crore so far this fiscal year, indicating recovery in the economy. Direct tax collections for 2021-22, as on December 16, show that net collections are at Rs 9.45 lakh crore compared to Rs 5.88 lakh crore over the year-ago period, representing an increase of 60.8 per cent, the ministry said in a statement. "The net collection (as on December 16) in FY22 has registered a growth of 40 per cent over the corresponding period of previous year when the net collection was Rs 6,75,409.5 crore, and a growth of 40.93 per cent over the corresponding period of 2018-19 when the net collection was Rs 6,70,739.1 crore," it said. The cumulative advance tax collections for the first, second and third quarter of 2021-22 stand at Rs 4,59,917.1 crore as on December 16, 2021, against advance tax collections of Rs 2,99,620.5 crore for the corresponding period of 2020-21, showing a growth of about 53.5 p

Advance tax collection rises 54% to Rs 4.6 trn in FY22 so far: FinMin_8447
Updated On : 17 Dec 2021 | 9:21 PM IST

CCI suspends Amazon's 2019 deal with Future, imposes Rs 202-cr penalty_8354

CCI says Amazon provided 'false and incorrect information' and said it suppressed 'material facts' of 2019 Future deal; asks Amazon to again file detailed Form II within a period of 60 days

CCI suspends Amazon's 2019 deal with Future, imposes Rs 202-cr penalty_8354
Updated On : 17 Dec 2021 | 7:46 PM IST

Airtel pre-pays Rs 15,519 cr to DoT to clear all deferred liabilities_8237

The company estimates that the pre-payment will likely result in interest cost savings of at least Rs 3,400 crore

Airtel pre-pays Rs 15,519 cr to DoT to clear all deferred liabilities_8237
Updated On : 17 Dec 2021 | 7:38 PM IST

Sensex sheds 889pts, Nifty gives up 17k; RIL, financials weigh; Infy up 3%_8084

The BSE Midcap and Smallcap indices ended with losses of 2.4 per cent and 2.1 per cent, respectively. Declining stocks outpaced advancing shares in more than 2:1 ratio

Sensex sheds 889pts, Nifty gives up 17k; RIL, financials weigh; Infy up 3%_8084
Updated On : 17 Dec 2021 | 3:49 PM IST

Infosys, Mphasis, TCS: IT stocks can minimize your losses in portfolio_8176

Major IT stocks are either on verge of breakout or holding the positive bias, the positive sentiment may see up to 10% gains

Infosys, Mphasis, TCS: IT stocks can minimize your losses in portfolio_8176
Updated On : 17 Dec 2021 | 2:54 PM IST

This pharmaceutical stock has hit over 25-year high; up 1,874% in 21 months_8266

Kopran was up 5% at Rs 318.95, hitting its highest level since 1994

This pharmaceutical stock has hit over 25-year high; up 1,874% in 21 months_8266
Updated On : 17 Dec 2021 | 2:51 PM IST

Bajaj Electricals at 2-month high on restructuring plan; up 27% in 6 days_8235

The stock rallied 6% to Rs 1,329.75 on the BSE in Friday's intra-day trade

Bajaj Electricals at 2-month high on restructuring plan; up 27% in 6 days_8235
Updated On : 17 Dec 2021 | 1:50 PM IST

Go Fashion extends losses into 5th day; hits lowest level since listing_8196

The stock of the company, which owns women's wear brand Go Colors, slipped 8 per cent to Rs 1,051.25 on the BSE in Friday's intra-day trade

Go Fashion extends losses into 5th day; hits lowest level since listing_8196
Updated On : 17 Dec 2021 | 12:21 PM IST

RateGain makes a weak stock market debut, lists 15% below issue price_8135

The stock got listed at Rs 360, a 15 per cent discount to its issue price of Rs 425 per share on the National Stock Exchange

RateGain makes a weak stock market debut, lists 15% below issue price_8135
Updated On : 17 Dec 2021 | 10:12 AM IST

IT shares in demand led by Infosys, as Accenture ups FY22 outlook by 700bps_8125

Accenture reported strong revenue in Q1FY22 and upgraded its annual guidance by a massive 700bps as it continues to gain from demand for Cloud transformation.

IT shares in demand led by Infosys, as Accenture ups FY22 outlook by 700bps_8125
Updated On : 17 Dec 2021 | 9:58 AM IST

Thermax, SBI Card look set to bounce back after correction: Mehul Kothari_8092

For many weeks, the stock of SBI Card has been under corrective mode and has come down from the peak of 1,160 towards the 900 mark.

Thermax, SBI Card look set to bounce back after correction: Mehul Kothari_8092
Updated On : 17 Dec 2021 | 8:38 AM IST

Here is a Bull Spread Strategy on Infosys by HDFC Securities_8089

The stock price of Infosys has broken out from the downward sloping trendline on daily chart

Here is a Bull Spread Strategy on Infosys by HDFC Securities_8089
Updated On : 17 Dec 2021 | 8:31 AM IST

Meta identifies six firms, including India's BellTroX, for spying on users_8072

BellTroX allegedly operated fake accounts used in suspected efforts to hack people's phones or computers; the company targeted people in countries including Australia, Angola, Saudi Arabia and Iceland

Meta identifies six firms, including India's BellTroX, for spying on users_8072
Updated On : 17 Dec 2021 | 6:50 AM IST

Will explore crypto-based smallcase post regulatory clarity: Vasanth Kamath_7178

Our view on crypto assets (crypto coins as an asset class) is that there is a fast-growing use-case for every investor to have some exposure in their portfolios

Will explore crypto-based smallcase post regulatory clarity: Vasanth Kamath_7178
Updated On : 16 Dec 2021 | 11:41 PM IST

Bank of England raises rates as inflation pressures mount_7883

The BoE's nine-member Monetary Policy Committee voted by 8-1 to raise Bank Rate to 0.25% from 0.1%

Bank of England raises rates as inflation pressures mount_7883
Updated On : 16 Dec 2021 | 5:43 PM IST

Railway to operate 4 Rajdhani Express trains with new upgraded Tejas takes_7879

'Use of Tejas coaches for long distance journey is a paradigm shift for enhancing travel experience for passengers,' says govt

Railway to operate 4 Rajdhani Express trains with new upgraded Tejas takes_7879
Updated On : 16 Dec 2021 | 5:33 PM IST

Bangladesh to import defence items from India under $500-mn LoC_7803

Under this line of credit, several items have been identified and being fast tracked, says Foreign Secretary Harsh Vardhan Shringla

Image
Updated On : 16 Dec 2021 | 4:51 PM IST

Sensex snaps 4-day losing streak, gains 113pts; Infy, RIL shine; banks slip_7615

The broader markets however finished in red, the breadth too was negative

Sensex snaps 4-day losing streak, gains 113pts; Infy, RIL shine; banks slip_7615
Updated On : 16 Dec 2021 | 3:38 PM IST

Subros jumps 9% on order win from Indian Railways, stock nears 52-week high_7788

The company has bagged an order from Indian Railways for supply of coach air-conditioners (LHB-RMPU Type 1) in a recently concluded tender.

Subros jumps 9% on order win from Indian Railways, stock nears 52-week high_7788
Updated On : 16 Dec 2021 | 2:59 PM IST

HDFC AMC, Aditya Birla Sun Life AMC hit 52-week lows in a firm market_7756

Shares of Aditya Birla Sun Life AMC hit a low of Rs 569, its lowest level since listing on October 11, 2021

HDFC AMC, Aditya Birla Sun Life AMC hit 52-week lows in a firm market_7756
Updated On : 16 Dec 2021 | 1:58 PM IST

Banking services impacted as 900,000 employees go on two-day strike_7759

Staffers take out marches in protest against privatisation of public sector banks; a few customer service centres kept functional

Banking services impacted as 900,000 employees go on two-day strike_7759
Updated On : 16 Dec 2021 | 1:55 PM IST

Stock of this consumer electronics company has risen nearly 100% in 18 days_7731

Shares of Calcom Vision were at the 5 per cent upper circuit for the 10th straight days at Rs 113.90

Stock of this consumer electronics company has risen nearly 100% in 18 days_7731
Updated On : 16 Dec 2021 | 12:46 PM IST

Bajaj Finance, Bajaj Finserv can fall another 10% from the current levels_7699

Both the stocks have broken major supports and a further downside seems inevitable

Bajaj Finance, Bajaj Finserv can fall another 10% from the current levels_7699
Updated On : 16 Dec 2021 | 11:49 AM IST

Tega down for the third day in a row post strong debut, down 21% from high_7692

Despite the 3-day fall, the stock continues to command a 33 per cent premium over its issue price of Rs 453 per share

Tega down for the third day in a row post strong debut, down 21% from high_7692
Updated On : 16 Dec 2021 | 11:14 AM IST

Stock of this flat glass manufacturer has zoomed 135% in 11 weeks_7668

Shares of Borosil Renewables hit a new high of Rs 722.85, up 5% on the BSE in intra-day trade today. The shares have rallied 28% in the past five trading days

Stock of this flat glass manufacturer has zoomed 135% in 11 weeks_7668
Updated On : 16 Dec 2021 | 10:30 AM IST

Indiabulls Housing jumps 7% on block deal buzz; thereafter pares gains_7644

A combined 47.34 million equity shares, representing 10.23 per cent total equity of Indiabulls Housing Finance changed hands on the NSE and BSE as of 09:27 AM

Indiabulls Housing jumps 7% on block deal buzz; thereafter pares gains_7644
Updated On : 16 Dec 2021 | 9:50 AM IST

Stocks to Watch: RIL, Burger King, PowerGrid, TVS Motor, banks, IT shares_7616

Bank shares may be in focus as RBI proposes to introduce revised norms for banks for setting aside capital for operational risks

Stocks to Watch: RIL, Burger King, PowerGrid, TVS Motor, banks, IT shares_7616
Updated On : 16 Dec 2021 | 8:26 AM IST

Union Cabinet learnt to have cleared bill on electoral reforms_7476

The reforms include the one to link electoral roll with Aadhaar on a voluntary basis to root out multiple enrolments

Union Cabinet learnt to have cleared bill on electoral reforms_7476
Updated On : 16 Dec 2021 | 1:42 AM IST

Analysts bullish on NBFCs despite RBI's PCA framework_7278

The PCA being extended to NBFCs may prove to be a good decision for the long-term as it will encourage good practises and is also expected to improve governance

Analysts bullish on NBFCs despite RBI's PCA framework_7278
Updated On : 16 Dec 2021 | 1:16 AM IST

Cabinet approves Rs 76,000-cr scheme for semiconductor manufacturing_7338

The Union Cabinet on Wednesday approved a production linked incentive (PLI) scheme for semiconductor and display board production in the country, I&B Minister Anurag Thakur said. The scheme envisages investment of Rs 76,000 crore in semiconductor production over the next 5-6 years, he said. Telecom and IT Minister Ashwini Vaishnaw said the decision will help design, fabrication, packing and testing of the microchips and develop a complete ecosystem.

Cabinet approves Rs 76,000-cr scheme for semiconductor manufacturing_7338
Updated On : 15 Dec 2021 | 11:22 PM IST

ITC: Analysts decode company's first-ever investor meet statements_7233

Though ITC is well-covered by consensus, whether it is well-understood has always remained a question, analysts believe

ITC: Analysts decode company's first-ever investor meet statements_7233
Updated On : 15 Dec 2021 | 10:51 PM IST

LIVE: West Bengal govt extends existing Covid restrictions up to Jan 15_7108

Restrictions related to the movement of people and vehicles between 11 pm and 5 am shall be relaxed for Christmas and New Year celebrations

LIVE: West Bengal govt extends existing Covid restrictions up to Jan 15_7108
Updated On : 15 Dec 2021 | 9:04 PM IST

Sensex slips 329pts, Nifty ends 104pts lower; Bajaj twins, ITC, TCS slip_7135

The broader markets also weakened towards the end of the trading session; Sun Pharma, however, gained nearly 3 per cent.

Sensex slips 329pts, Nifty ends 104pts lower; Bajaj twins, ITC, TCS slip_7135
Updated On : 15 Dec 2021 | 3:43 PM IST

Govt may not introduce cryptocurrency bill in ongoing Parliament session_7293

Amid calls for more debate, Parliament's Winter Session, ending on December 23, is unlikely to take up the widely watched legislation.

Govt may not introduce cryptocurrency bill in ongoing Parliament session_7293
Updated On : 15 Dec 2021 | 3:13 PM IST

L&T gains 2%, stock up for the 2nd straight day on winning two large orders_7320

The company's water & effluent treatment business received large contracts (ranging between Rs 2,500 and Rs 5,000 crore) from the State Water & Sanitation Mission (SWSM), Uttar Pradesh

L&T gains 2%, stock up for the 2nd straight day on winning two large orders_7320
Updated On : 15 Dec 2021 | 2:53 PM IST

Bajaj Finance slips 3%, down 8% in 3 days on growth and valuation concerns_7296

With the ongoing 3-day correction, the stock of NBFC has now corrected 14 per cent from its record high level of Rs 8,020 touched on October 10, 2021

Bajaj Finance slips 3%, down 8% in 3 days on growth and valuation concerns_7296
Updated On : 15 Dec 2021 | 2:01 PM IST

TVS Motor surges 7% on heavy volumes on positive outlook_7270

In the past three months, the stock has outperformed the market by surging nearly 30 per cent

TVS Motor surges 7% on heavy volumes on positive outlook_7270
Updated On : 15 Dec 2021 | 1:02 PM IST

Paytm nears record low, down 13% as anchor investor's lock-in period ends_7180

The company had allotted 38.30 million equity shares to anchor investors at Rs 2,150 per share

Paytm nears record low, down 13% as anchor investor's lock-in period ends_7180
Updated On : 15 Dec 2021 | 12:10 PM IST

Brightcom, TTML, 63 Moons: 5 smallcap stocks that look good on the charts_7228

Unless there is not a volume-based selling, these stocks could jump as high as 27% in no time.

Brightcom, TTML, 63 Moons: 5 smallcap stocks that look good on the charts_7228
Updated On : 15 Dec 2021 | 11:46 AM IST

Stock of this IT company has zoomed 66% in 6 weeks, hits record high_7216

Expleo Solutions has rallied 15 per cent in intraday trade so far, and hit a new high at Rs 1,746 on the BSE

Stock of this IT company has zoomed 66% in 6 weeks, hits record high_7216
Updated On : 15 Dec 2021 | 11:12 AM IST

Nifty longs can be held with a stop at 17,200, recommends Vinay Rajani_7141

The technical analyst from HDFC Securities expects CDSL and Polycab to perform well

Nifty longs can be held with a stop at 17,200, recommends Vinay  Rajani_7141
Updated On : 15 Dec 2021 | 8:44 AM IST

Trading strategies for Bandhan Bank & Ambuja Cement by Ajit Mishra_7139

The stock of Bandhan Bank has been underperforming the banking index and is still struggling below the resistance zone of moving averages

Trading strategies for Bandhan Bank & Ambuja Cement by Ajit Mishra_7139
Updated On : 15 Dec 2021 | 8:39 AM IST

Stocks to Watch: ITC, Lupin, ABFRL, Glenmark, NBFCs, Tata group stocks_7133

The RBI on Tuesday introduced a prompt corrective action (PCA) framework for large non-banking financial companies (NBFCs)

Stocks to Watch: ITC, Lupin, ABFRL, Glenmark, NBFCs, Tata group stocks_7133
Updated On : 15 Dec 2021 | 8:19 AM IST

Booster shots proven strategy to get antibodies up: Serum's Adar Poonawalla_6899

Says policy makers must decide risk-reward of giving a booster dose; Serum Institute has reached trial phase of vaccine for kids above 3, jab should be ready to launch in six months

Booster shots proven strategy to get antibodies up: Serum's Adar Poonawalla_6899
Updated On : 15 Dec 2021 | 1:44 AM IST

EPFO invested Rs 2,500 cr in Reliance Capital's bonds: FinMin_6998

Last month, the Reserve Bank had superseded Reliance Capital's board, citing defaults and governance issues

EPFO invested Rs 2,500 cr in Reliance Capital's bonds: FinMin_6998
Updated On : 15 Dec 2021 | 1:30 AM IST

Fashion house Chanel appoints Unilever executive Leena Nair as CEO_7002

A 52-year old Indian national, Nair is a rare outsider at the helm of the tightly controlled family fashion house, known for its tweed suits, quilted handbags and No. 5 perfume

Fashion house Chanel appoints Unilever executive Leena Nair as CEO_7002
Updated On : 15 Dec 2021 | 1:28 AM IST