'King of good times' Mallya's exit brings fizz to UB stocks

The latest round of problems began last week with the minority shareholders of United Spirits Ltd trouncing proposed financial dealings of the company with its erstwhile promoter Mallya, who......

India Inc springs into action to pare promoter stakes

A slew of companies are rushing to sell their stakes over the next few weeks before the holiday season in Western countries start mid-December. Over half a dozen companies, including Hindustan......

Markets end lower on weak European cues

Markets ended lower on Tuesday, amid Weak European cues, weighed down by profit taking in FMCG major ITC and index heavyweights.The Sensex ended weaker by 83 points at 18,710 and the 50-share......

Slew of share sales could hit the market

Given the sharp rally in stock prices since September, coupled with robust foreign inflows, share-sale activity by companies is likely to gather pace in the next few weeks. According to investment......