Posts in category Business Standard
Macquarie downgrades 3 private sector insurers on growth concerns (09-06-2023)
At present, HDFC Life trades at 15.3x its projected VNB for FY25, while ICICI Pru and SBI Life trade at 8.1 times and 9.5 times, respectively
Indices end lower investors brace for US Federal Reserve’s monetary policy (09-06-2023)
Sensex, Nifty dip for second day in a row but manage to eke out weekly gains
Sebi’s new FPI disclosure norms could pose roadblock for compliances (09-06-2023)
The recent proposal by Sebi to make disclosure norms more stringent for Foreign Portfolio Investments (FPIs) has reignited the discussion on Indias stand on promulgating ease of doing business
Crypto wrap: Markets resilient amid SEC action against Binance, Coinbase (09-06-2023)
Despite the cases against two big crypto exchanges by the US SEC throughout the week, the crypto market cap was largely trading flat on Friday
Life Insurance Corporation increases stake in SAIL by 2.001% to 8.687% (09-06-2023)
Earlier this week, LIC had raised its stake in IT firm Tech Mahindra Ltd by about 2 per cent through an open market acquisition
Equity mutual fund inflows halve in May; SIP contributions hit record: Data (09-06-2023)
The slide in equity mutual fund inflows was offset by steady foreign inflows in domestic equities, prompting a 2.60% rise in the Nifty 50 index in May
Titagarh Wagons rallies 8%; board to meet Saturday to consider fund raising (09-06-2023)
A meeting of the board of directors of the company is scheduled on Saturday, June 10, 2023 to consider a proposal to raise funds
Greenlam soars 15% as plywood facility begins operations in Tamil Nadu (09-06-2023)
The said facility has the potential to generate revenue of Rs 400 crore per annum on full capacity utilization. The total capex incurred for the project stands at Rs 130 crore
HAL hits new high on stock split plan; zooms over 700% from March 2020 lows (09-06-2023)
The board of directors of state-owned defence company will meet on June 27 to consider a proposal of stock split of the equity shares of the company having a face value of Rs 10 each
Macrotech Developers hits 52-week high; surges 5% on healthy outlook (09-06-2023)
MDL's operating performance is expected to remain healthy in FY24, supported by healthy enduser demand, strong launch pipeline and healthy affordability, while maintaining a reducing debt trajectory.