A close friend of over three decades, this ace investor recalls the rambunctious and illuminating times spent with the Big Bull Ramesh Damani has known Rakesh Jhunjhunwala for over three decades now… [+25003 chars]
The stock hit a high of Rs 876.55 - a level last seen on April 27 - and gained 16.9 percent intraday. At 11.50am, the scrip was trading at Rs 868 on the BSE, up 15.8 percent from its previous close. … [+720 chars]
India's inflation based on the Wholesale Price Index (WPI) declined to 13.93 percent in July, according to data released by the commerce ministry on August 16. The WPI inflation was 15.18 percent in… [+2051 chars]
Shares of Life Insurance Corporation of India (LIC) gained more than 3 percent on August 16 after Macquarie Capital Securities analyst Suresh Ganapathy upgraded the stock following its June quarter e… [+2295 chars]
Volkswagen will supply Mahindra electric car parts from its MEB (Modular Electric Drive Matrix) platform, and both companies have signed a term sheet. While the term sheet lists out the commercial an… [+3158 chars]
Bharat Gears' share price rose 17 percent in the morning trade on August 17 with the company's board set to consider a bonus share issue. A meeting of the finance committee of the board of directors… [+991 chars]
With Manappuram Finance trading below its 5-year average of ~1.1x P/BV, domestic brokerage and research firm Axis Securities believes that the underperformance of the financial stock in the past few … [+2280 chars]
Apollo Tyres share price surged as much as nine percent intraday and hit a more-than-five-month high on August 16, thanks to quarterly earnings scorecard reported by the company over the last weekend… [+2356 chars]
Investors are quite disappointed by the June quarter earnings (Q1FY23) of gold loan provider Muthoot Finance Ltd, sending the stock slumping over 12% on Tuesday. Weakness in its core gold loan busine… [+3040 chars]
BSE Midcap and Smallcap indices have surged nearly 20 percent each from its June low amid correction in commodities, better macro data and healthy monsoon. BSE Midcap from its June low advanced 19 p… [+3390 chars]
Samvardhana Motherson International, which was earlier known as , on Tuesday announced that its board of directors has recommended the issue of bonus shares in the ratio of 1 bonus equity share again… [+717 chars]
The initial public offering (IPO) of Syrma SGS Technology has received a decent response from investors. Syrma SGS Technology IPO was subscribed 37 per cent on the first day of bidding. The public of… [+3325 chars]