Allegations of a particular market player being favoured over others were flying thick and fast in the early days of the scam.
Declining commissions, stagnant markets and increased foreign competition have forced brokerages to enter into marriages as well as new businesses.
Accenture's Q1 FY22 results have sent a wave of cheer among analysts, as the company raised its revenue guidance and said it expects double-digit growth in outsourcing, up from single digit to low double-digit growth expected earlier. Accenture's financial year ends on August 31. The company raised its revenue outlook for FY22 to 19-22 per cent in local currency, up from 12-15 per cent earlier.
Among the lot, Rallis India, Escorts, Jubilant Life Sciences, and Crisil added half of the total gains made in the ace stock-picker's portfolio.
Uniparts India and PNC Infratech are the latest companies to file initial public offer papers.
Apart from the main company, five of Air India's subsidiaries and a joint venture firm have been included in the strategic sale plan.
BSE, the oldest stock exchange in Asia, aims to raise up to Rs 1,243 crore from the IPO, which has a price band of Rs 805-806 per share.
Sensex gains 2.4%, Nifty crosses 7,000; investors feel exit polls have vindicated their stand
'...which is possible through flexicap and multicap funds.' 'The latter has a better balance between large, mid and smallcap stocks.'
Inflation trajectory, domestically as also globally, is what will shape the economy, and therefore the market, over the next couple of quarters.'
With equity and commodity exchanges allowed to enter each other's areas from October, brokerages are pump-priming their businesses to allow their clients seamless trading in commodities and equities.
Within rural markets, the viewership share of Dangal TV, which is a free-to-air channel, is at 33%.
The financial creditor had approached district authorities in Raigad to take possession of ND Studio a few months ago.
Mumbai-headquartered financial services firm Edelweiss, for close to a decade now, has been aligning its brand with sporting talent of every kind except cricket. What made the company buck the trend, and has it worked?
A favourable monsoon and government support to the rural economy are among the reasons that agrochemical companies, including makers of pesticides and fertilisers, have done well.
The real estate sector had been going through a rough phase even before the COVID-19 crisis, marked by falling sales and piling up of inventories.
The IT services giant is also slated to hold a board meeting on April 13 and 14, to approve of and take on record the consolidated financial results of the company for the quarter and year ended March 31, 2021. Indian IT majors will be announcing their fourth quarter (Q4) and 2020-21 results starting April 12. At the end of the Q3 FY21 Infosys had cash and investment of $4.5 billion.
Most of the long-only funds are closed-ended. This means that investors have to lock in their money for a fixed period before they can take it back.
'We all face challenges in life. It's our approach towards them that absolutely decides what you become.'
In the broader market, the BSE Midcap was down 0.2%, while BSE Smallcap fell 0.1%.
Currently, the investor and his family's net worth in listed firms stands at Rs 8,517 crore, compared to Rs 8,388 crore as of March 31, 2020.
ICICI Bank was the top Sensex gainer after S&P Global Ratings affirmed its 'BBB-' long-term issue ratings on the senior unsecured bonds.
Vikas Khemani, President & Head-Institutional Equities, Edelweiss Securities, feels Finance Minister Pranab Mukherjee could really make Union Budget 2012-13 an important one.
Multi-Commodity Exchange of India is the only listed bourse in the country
Three fund managers share their views and state where they are looking for value.
rediffGURU Ulhas Joshi recommends five factors you need to look at to evaluate the performance of two schemes.
As we celebrate women achievers who are excelling in their careers, here are incredible tales of hard work and perseverance to inspire you this week.
The DBS venture has been under financial stress of late.
The past eight months have seen vast improvement in the Indian economy, says Edelweiss Group chairman and chief executive Rashesh Shah, who feels domestic-oriented sectors are likely to do better.
Fund houses are exploring ways to differentiate themselves in the hybrid space. A relatively unknown hybrid fund variant, Balanced Hybrid, is about to see its first launch since the introduction of mutual fund (MF) scheme categorisation norms in 2017. WhiteOak Capital MF has filed papers with the regulator for this scheme, which comes amid increasing interest in the hybrid space. MFs anticipate that hybrids will become the preferred category for investors with a lower risk appetite following changes in debt fund taxation.
The earnings are, however, expected to be down around 2 per cent on a sequential basis due to pent-up demand getting exhausted and the adverse impact of rising metals and energy prices on consumer goods and manufacturing companies.
IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.
But much depends on govt action & global economy; Sensex gains in 2070 the biggest in five years
With the latest approvals, there are now 16 registered investment advisers in the country, according to the list published by Securities and Exchange Board of India.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Indian companies are now more confident about the execution skills of local banks.
Offer size could vary from Rs 1,200 cr to Rs 2,000 cr
Wipro, Steel Authority of India, HDFC Bank, Mahanagar Telephone Nigam, Bharat Heavy Electricals and Reliance Commnications among companies reporting a decline in headcount in FY17.
Hamsini Karthik reveals why the ongoing business rejig will help unlock value for shareholders of Grasim, Reliance Capital and Tube Investments
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