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FPIs Pull Out A Record Rs 1.22 Trillion!

Illustration: Dominic Xavier/Rediff.com Foreign portfolio investors (FPIs) have pulled out Rs 1.22 trillion ($16.58 billion) from the Indian stock market so far this year and are on course to hit......

2023 likely to be another volatile year for Indian equity markets

2023 could be another volatile year for Indian equity markets, according to BofA. Photograph: Uttam Ghosh/Rediff.com In a report, the brokerage pointed out that the Nifty50, at present, is trading......

Key challenge for Sundararaman Ramamurthy, the new BSE chief

At BSE, Ramamurthy's vital stint at NSE will come in handy as the country’s oldest bourse will look to develop some cracks in NSE’s dominance. Samie Modak and Khushboo Tiwari report.......

Small-caps outperform large-caps but fail to match mid-caps in August

The small-cap universe outperformed large-caps, but failed to match the returns generated by mid-caps in August. Illustration: Dominic Xavier/Rediff.com The Nifty Smallcap 100 Index rose 4.9 per......

Uber likely to sell 7.8% stake in Zomato for $373 mn

Ride-hailing app Uber is selling off its entire holding in Indian food delivery company Zomato for at least $373 million (Rs 2,939 crore) through a block deal of shares, merchant banking sources......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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