Anil Ambani and other promoters consolidated their stakes in REL to 52%.
'Investors need to find out how the FMP's assets are distributed and ensure the investments are in high-quality names.'
'He was a man of immense conviction.' 'Whenever I'd question him, he would say, "Leave aside your logic-wogic. Just do what I tell you".' '"Just trust me. It will work".'
Anil Dhirubhai Ambani has picked up 2.16 per cent stake in his group company Reliance Energy Ventures Ltd through open market transactions, taking his total stake in the company to 41.77 per cent.
MMFs are a good option for the current environment, observes Sarbajeet K Sen.
Tata group's hospitality firm Indian Hotels Company Ltd (IHCL) on Friday said its 'Taj' brand has been rated as the strongest hotel brand in the world. According to the 'Hotels 50 2021' report by Brand Finance, Taj topped the strongest brands list for having stood resilient in spite of the challenges posed by the pandemic, besides other achievements.
NBFCs are mainly dependent on funding their operation from their own cash flows.
An Athletics Federation of India statement said of the 44 nations affiliated to the AAA, 36 unanimously supported his candidature.
Eighteen months after the economy was battered by the Covid-induced lockdown, employment has not recovered to its pre-pandemic levels, points out Mahesh Vyas.
Through a notification, the CBDT amended Income Tax rules and inserted Rule 114AAA, stipulating the manner of making permanent account number inoperative.
The change in ownership is expected to give a fresh lease of life to the company that has often been dragged by financial stress in its close to three-decade journey under the Khaitans, reports Ishita Ayan Dutt.
These ETFs will also carry interest-rate risk, especially the 10-year ETF. The investor can overcome this risk by holding them till maturity, suggests Sanjay Kumar Singh.
After reading Amitabh Bachchan's tweet, Virat Kohli thanked the Bollywood star and called him an inspiration.
In a major goof-up, US-based ratings agency Standard & Poor's accidentally disseminated a message to subscribers earlier that it has downgraded its top-notch credit rating of France from 'AAA', but has since issued a clarification and is investigating the cause of the error.
If you are in credit opportunity funds, income funds or dynamic bond funds for a long-term goal, stay put.
FM announces 12-point action plan to revive sector
The US treasury bond has been perhaps the most resilient feature of the American economy.
'40 years later, the world is still singing I Am A Disco Dancer.'
Commonwealth Games scam-tainted Suresh Kalmadi is all set to chair a crucial meeting of the Asian Athletics Association in New Delhi, which will take stock of the continental championships which is scheduled to be held in Chennai in July.
Investing in AA paper broadens choice but exposes policyholders to risk
The government currently holds 87.40 per cent stake in IRCTC. To meet Sebi's public holding norm, it has to lower its stake in the company to 75 per cent.
The organisation can invest in bonds of private companies with dual 'AAA' rating, say new norms.
Look at those offering 100-300 bps more and have good rating; it will improve your portfolio's returns.
The rating agency has affirmed the company's National Long Term Rating at 'AAA' with a stable outlook.
While the rating cut will raise borrowing costs for the US government, companies and consumers, Indian educational institutes fear it may also impact recruitment plans of international companies.
Standard & Poor's has placed the sovereign ratings of 15 euro zone nations, including AAA-rated Germany and France, under 'CreditWatch'.
India may attract investments if the domestic economy continues to strengthen.
Media, brokers and bullion traders have been predicting various numbers which gold will touch subsequently.
Gas prices in Texas and elsewhere in the United States have jumped an average 7 cents in recent days after Iran threatened to close the Strait of Hormuz through which 16 million barrels of oil - about a fifth of world's daily oil trade - passes every day.
The investigation began before it cut the United States' AAA credit rating.
Both Europe and the US can learn a lesson from American history to overcome their debt problems.
Hedge fund redemptions and margin calls on leveraged investors will trigger further selling.
Insurer seeks leeway to invest in sub-AAA-rated companies.
The total value of India's top 100 brands has increased by 2 per cent, from $162.1 billion in 2020 to $164.9 billion in 2021, according to the latest Brand Finance India 100 2021 report. This uplift in brand value over the course of the first year of the pandemic is an impressive feat given the global economic crisis following the implementation of national lockdowns in March 2020, when business activity was brought to a halt, affecting both production and consumption. Among the brands that came on the top of the list include Tata Group, Reliance Industries, and Mahindra Group.
The political fall-out of the US downgrade is not over. Republicans and Democrats are both trying to pin the blame on the other party, displaying their great skill in spinning news to score partisan political points.
Facing criticism inside the United States for downgrading America's credit rating from AAA to AA+, the Standard and Poor's Indian-American president Deven Sharma has said that the agency's decision was made mainly because of the rising debt levels and the process of resolving things.
There is an Indian at the helm of affairs surrounding the historic downgrade of the United States' creditworthiness, as ratings agency S&P's unprecedented move was taken under the leadership of Deven Sharma.
The one-time restructuring of loans will help every firm and prevent cost-cutting measures such as lay-offs.
According to market regulator Securities and Exchange Board of India's regulations, FIIs are required to post collaterals for their transactions in the cash segment of the market.
All the newspapers and business news channels on Monday morning told us that the world is now going to change again. But these very guys had no clue till a few days back, and were gung ho about the Indian economy, the Sensex and pretty much everything else.
