Apart from Nykaa IPO, Policybazaar IPO will be a great play as the platform enjoys highest market share in online insurance distribution space.
Total domestic sales were down 22 percent at 2,18,565 units last month as against 2,81,160 units in October 2020. Exports were at 2,21,050 units last month as compared to 2,30,878 units in the same month last year, down 4 percent.
Here’s the lowdown on how a Railway Ministry decision aimed at earning Rs 500 crore revenue annually, on average, led to market cap worth Rs 18,000 crore being wiped out
Hush-hush tales from the world of stock markets, banking, corporate world and corridors of power
Petrol, diesel prices today: The fifth consecutive increase follows the unrelenting hike in international oil price.
Investors should be cautious about valuations and must not enter or chase any stock without proper analysis and research
Banks are expected to do well with better asset quality. Tourism and logistics should also be considered with strong volume growth.
Luxury car volumes account for less than 2 percent of the overall passenger vehicle sales annually and the sector has been more or less at the same level for the past decade Luxury car volumes account for less than 2 percent of the overall passenger vehicle sales annually and the sector has been more or less at the same level for the past decade
Saudi Arabia’s majority state-owned oil giant Aramco said its net income more than doubled from $11.8 billion during the same three-month period a year earlier. Last year’s figure came after profits plunged dramatically as global coronavirus lockdowns slammed oil prices
The market valuation of RIL declined by Rs 56,741.2 crore to reach Rs 16,09,686.75 crore; HDFC Bank#39;s valuation came down by Rs 54,843.3 crore to Rs 8,76,528.42 crore; and TCS saw an erosion of Rs 37,452.9 crore in its worth at Rs 12,57,233.58 crore. The market valuation of RIL declined by Rs 56,741.2 crore to reach Rs 16,09,686.75 crore; HDFC Bank#39;s valuation came down by Rs 54,843.3 crore to Rs 8,76,528.42 crore; and TCS saw an erosion of Rs 37,452.9 crore in its worth at Rs 12,57,233.58 crore.
Excise duty collection: Data available from the Controller General of Accounts in the Union Ministry of Finance showed excise duty collections during April-September 2021 surging to over Rs 1.71 lakh crore, from Rs 1.28 lakh crore mop-up in the same period of the previous fiscal
US Commerce Secretary Gina Raimondo told reporters that the deal will maintain US "Section 232" tariffs of 25 percent on steel and 10 percent aluminium, while allowing "limited volumes" of EU-produced metals into the US duty free
Roadstar Infra Investment Trust, will get six road projects under Phase I and the SPV for this will be transferred to the InvIT at an aggregate valuation of Rs 9,214 crore
The Morgan Stanley downgrade or Federal Reserve policy decision is unlikely to impact the market over the next three-six months. The Morgan Stanley downgrade or Federal Reserve policy decision is unlikely to impact the market over the next three-six months.
The market is expected to perform well, with economy-linked sectors in focus. The banking and financial segment along with IT could lead the charge
The company had posted a consolidated net profit of Rs 103.06 crore in the same quarter last fiscal, Godfrey Phillips India Ltd (GPI) said in a regulatory filing.
In a warning letter, which Vedanta as per SEBI directions disclosed to stock exchanges, the regulator said it will take action if such actions were repeated in future. In a warning letter, which Vedanta as per SEBI directions disclosed to stock exchanges, the regulator said it will take action if such actions were repeated in future.
Ajay Tyagi, a 1984 batch IAS officer of Himachal Pradesh cadre, was appointed as SEBI chairman on March 1, 2017, for a period of three years. Ajay Tyagi, a 1984 batch IAS officer of Himachal Pradesh cadre, was appointed as SEBI chairman on March 1, 2017, for a period of three years.
The amendments are aimed at promoting consumption of renewable energy.
In the season of corporate earnings and IPOs, the flavour is valuation In the season of corporate earnings and IPOs, the flavour is valuation In the season of corporate earnings and IPOs, the flavour is valuation
Nykaa#39;s valuations are at 100-150 percent premium as against the global valuations because the growth rate in India is far higher.
At the same time, a key inflation barometer that#39;s closely followed by the Federal Reserve surged 4.4 percent last month from a year earlier — the fastest such increase in three decades At the same time, a key inflation barometer that#39;s closely followed by the Federal Reserve surged 4.4 percent last month from a year earlier — the fastest such increase in three decades
The move, which is well anticipated on Wall Street, will likely total an $800 billion cut in nominal auction sizes in the 2022 fiscal year compared with the 2021 fiscal year, according to estimates from NatWest The move, which is well anticipated on Wall Street, will likely total an $800 billion cut in nominal auction sizes in the 2022 fiscal year compared with the 2021 fiscal year, according to estimates from NatWest
The SP 500 rose 0.2 percent after wavering between small gains and losses for much of the day. The Dow Jones Industrial Average and Nasdaq each rose 0.3 percent Friday – both also set all-time highs
In the latest second quarter, Escorts said its tractor sales were at 21,073 units as against 24,441 units in the corresponding period last fiscal, down 14 per cent.
#39;In recent years we have gotten a little less confident. Our belief in economic future has diminished...the pandemic toll has further diminished our self-belief or #39;atma vishwas#39; even further while pushing many in the middle-class into poverty,#39; Rajan said. #39;In recent years we have gotten a little less confident. Our belief in economic future has diminished...the pandemic toll has further diminished our self-belief or #39;atma vishwas#39; even further while pushing many in the middle-class into poverty,#39; Rajan said. #39;In recent years we have gotten a little less confident. Our belief in economic future has diminished...the pandemic toll has further diminished our self-belief or #39;atma vishwas#39; even further while pushing many in the middle-class into poverty,#39; Rajan said. #39;In recent years we have gotten a little less confident. Our belief in economic future has diminished...the pandemic toll has further diminished our self-belief or #39;atma vishwas#39; even further while pushing many in the middle-class into poverty,#39; Rajan said.
The Confederation of All India Traders (CAIT) also expects that consumers may spend about Rs 2 lakh crore during the Diwali festival sale period.
If MCX Silver for November trades below Rs 65,000, it could test the support zones at Rs 64,625-64,320 levels. The company had posted a consolidated profit after tax of Rs 118.45 crore in the second quarter last fiscal, Emami said in a regulatory filing. The company had posted a consolidated profit after tax of Rs 118.45 crore in the second quarter last fiscal, Emami said in a regulatory filing. The company had posted a consolidated profit after tax of Rs 118.45 crore in the second quarter last fiscal, Emami said in a regulatory filing.
The commodity has been trading higher than 20, 50, 100, and 200-day simple and exponential moving averages but lower than the 5-day SMA and EMA on the daily chart. The commodity has been trading higher than 20, 50, 100, and 200-day simple and exponential moving averages but lower than the 5-day SMA and EMA on the daily chart. The commodity has been trading higher than 20, 50, 100, and 200-day simple and exponential moving averages but lower than the 5-day SMA and EMA on the daily chart.
The Finance Committee of the board of the bank in its meeting approved allotment of 2,800 rated, listed, non-convertible, subordinated and unsecured Basel III compliant bonds in the nature of debentures towards non-equity regulatory tier 2 capital (T2 bonds) for cash aggregating to Rs 2,800 crore, the bank said in a regulatory filing.
The Japanese auto major aims to utilise #39;Honda Mobile Power Pack e#39; (MPP e), its all-new portable and swappable batteries for the purpose.
The company said it has inked a Memorandum of Understanding (MoU) with BluSmart Mobility for the supply of the units.
Jyoti Roy, an equity strategist, says he is positive on Policybazaar IPO despite high valuations because it is the only large player in online insurance distribution.
