Over the past one-and-half years, the number of stocks trading below their respective face value has increased 29 per cent after a sharp correction in stocks of small-cap companies. Illustration:......
The 30-share Sensex ended up 27 points at 25,868 after hitting a high of 26,059 and 50-share Nifty ended up 14 points at 7,857. Indian equities erased early gains to end flat amid profit taking in......
Aditya Birla Group on Wednesday raised its stake in Idea Cellular to 50.15 per cent after it bought Cingular Wireless's stake for $150 million (about Rs 650 crore).In a notice to the Bombay Stock......
Kumar Mangalam Birla has taken the first major step towards untangling the cross-holdings in his group's manufacturing companies. Group majors Hindalco, Grasim and Indian Rayon on Tuesday informed......
The old guard is still involved in broad corporate decision-making, but quite a few new business heads have started making their mark at the group At the Reliance Industries (RIL) annual general......