L&T-Infrastructure Development Projects Limited will divest 21.6 per cent stake to Silver Peak Investments (Mauritius) and an India Development Fund-led consortium for Rs 550 crore.
No fund houses could muster the courage to launch equity funds during the period and the sector lost a lot of its equity assets.
The proposed Rs 10,000 crore (Rs 100 billion) of bond purchase would be done on Monday.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Among the stocks that have seen the largest cut by MFs, the DVR shares (shares with differential voting rights) of Tata Motors have seen a cut of 243 basis points (bps) in MFs' stake.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
India Inc has few leaders who are likely to grab headlines in 2015.
The ease of doing business has not picked up in a vast number of states and Union Territories.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
NSO has pegged economic growth at 5 per cent in 2019-20 in its second advance estimates.
Weakness in the broader markets, along with expensive valuations that these companies had commanded during their IPOs, has led to this fall
Analysts attribute this fall to the recent moderation in energy (mainly crude oil) and commodity prices, lowering of input costs for companies in sectors such as FMCG, consumer durables, and automobiles, reports Krishna Kant.
FIPB has deferred 18 proposals.
Telecom shares rallied on hopes that they would hike tariffs after huge investments to acquire spectrum.
These investors are not only betting on little-known stocks, but also sectors that the market participants are not paying much heed to. Some of these stocks can be potential multi-baggers, while others may not live up to the expectations of these stock-pickers, says Jash Kriplani.
'The market movement will be largely driven by earnings growth.'
On December 15, the top court had observed that Thakur prima facie appears to have committed matter of perjury in relation to demanding an intervention via a letter from the International Cricket Council (ICC) in order to sidestep the implementation of the Lodha Committee recommendations.
The thrust, they feel, remains on design thinking, AI and digital besides enhanced focus on investing in selling and marketing efforts, expanding local talent base and re-skilling staff
Uttam Prakash Agarwal alleged that Citax and Braich offers were incomplete and did not include firm commitment as to the price, size, timings, confirmation from the banks about availability of the funds.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The resistance to Lodha panel reforms remains deep rooted in the Board of Control for Cricket in India.
If you are in credit opportunity funds, income funds or dynamic bond funds for a long-term goal, stay put.
The company will transfer its wallet business, which has over 218 million mobile wallet users, to the newly incorporated entity -- PPBL -- under the payments bank licence awarded to Vijay Shekhar Sharma, the founder of One97 Communications that owns Paytm.
The rally in the broader market also mirrored the positive trend seen in other Asian markets.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The main reason was that CPI inflation would likely remain below 4 per cent till July.
Markets in green tracking firm global cues.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
If you want his advice on your mutual fund investments, please mail your questions to getahead@rediff.co.in with the subject line, 'Mutual Fund Query', along with your name, and Omkeshwar will offer his unbiased views.
Reason for rejection hasn't been stated; deal among seven rejected transactions.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
It is difficult to say if the banking sector will see the worst behind it by March 2020, warns Tamal Bandyopadhyay.
The BSE Midcap index has declined 5.7% thus far in May 2018. In comparison, the S&P BSE Small-cap index has lost 5.6%
Central bank steps up dollar purchases to check rupee gains
'The snakes and ladders game will continue till the consolidation process is complete simply because we don't know how bad the scene is, with some of the banks being merged,' says Tamal Bandyopadhyay.
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SBI will hold 30 per cent in RIL joint venture
With the July 1 deadline to apply for bank licence fast approaching, aspirants are scrambling to meet the Reserve Bank of India's (RBI) eligibility criteria to apply.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
