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Prabhudas Lilladher

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Primary market revival is still some time away, say analysts

It has been a slow 2022 thus far for the primary markets. In the last 8 months, only 16 companies have raised Rs 40,311 crore via the initial public offer (IPO) route, data from PRIME Database......

GAIL feels blowback from Ukraine war

On February 24, when Vladi­mir Putin announced a military operation on Ukraine, few would have thought that Indian government-owned GAIL India would feel the impact. Photograph: Adnan......

Sensex falls 87 points on selling in IT counters

Benchmark indices turned highly volatile in the last hour of trade on Monday, with the Sensex falling 86.61 points after three days of gain amid heavy selling in IT counters and weak trends in......

India Inc's capital expenditure slows despite jump in net profits

The stellar rise in corporate earnings in financial year 2021-22 (FY21) and FY22 did not result in a corresponding boom in capital expenditure (capex), with listed companies’ investment in......

HDFC Bank shifts tack to focus on wholesale loans

Defying trends, the country’s largest private sector lender, HDFC Bank, has shifted its asset mix significantly towards high-rated segments. Photograph: Shailesh Andrade/Reuters As a result,......

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