Jindal Steel and Power and JSW Steel, are in competing talks to buy parts of insolvent Italian steelmaker Lucchini.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis
India's $121 billion troubled debt pile, over $100 billion of which is on the books of state-owned banks, has come under close scrutiny from prosecutors, the media and politicians
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago period and Rs 39,600 crore during the December quarter. While Vedanta was the worst hit. others included Aditya Birla, Bharti, Adani, Mahindra, and Tata.
ArcelorMittal could be interested in Bhushan Steel or Essar Steel, two of the five steel companies referred by RBI for insolvency proceedings.
Gujarat, Telangana to roll out policies to encourage manufacturing
Delaying action on climate change will hurt growth: Global CEOs.
Mining baron Anil Agarwal-led Vedanta Group has bid for the most number of 14 coal mines out of 23 on offer in the first round of auction which also have aggressive bids by Aditya Birla Group, Adani and Naveen Jindal group, but was shunned by foreign players.
These have been selected based on the earnings growth prospects and favourable (buy) ratings by brokerages
According to Merrill Lynch (BofA-ML) report, Domestic capital markets are likely to remain volatile in the September-November period due to factors like US Fed's policy action, second quarter corporate earnings and Bihar state elections.
The hike in clean energy cess is likely to impact input cost for thermal power producers
Friendlier government policies, greater demand and better supply of coal have fuelled investor interest.
With their balance sheets under stress, private companies have lost interest in them.
Sensex in green, JSW climbs higher.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Any change in rates would mean more volatility; else, poll outcome-fuelled rally expected to continue.
Investors booked profits in range-bound trade, led by PSU, oil & gas, energy, infrastructure, telecom, realty, healthcare, bankex, FMCG, capital goods and power counters.
Anil Ambani's Reliance Power tops the table with 3.46 million shareholders
Acquisition of stressed infrastructure assets has pushed its debt to over Rs 1 lakh crore, highlighting concerns about its growth strategy.
Insolvency and Bankruptcy Code bound stocks have witnessed a steep fall in 2018.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Almost all major metal and mining firms would be affected by the Supreme Court ruling canceling 214 coal blocks, but Naveen Jindal's JSPL and Aditya Birla Group's Hindalco would be among the worst hit, analysts said.
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.5% and 0.4%, respectively.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The government on Friday issued fresh show cause notices to prior allottees of coal blocks like JSPL, JSW and Tata Steel, asking reasons behind delays in mines development and warned of deduction in their bank guarantees if they failed to furnish replies.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Govt to issue ownership rights of 15 coal mines on Mar 23.
Analysts said the higher capex by PSUs, along with government spending, could trigger a capex revival for the corporate sector by the second half of FY17
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
The Modi government's e-auction policy for coal, meant to shield the consumer against hike in electricity charges, has already led to serious allegations of cartelisation among the bidding corporates. Matters came to such a pass that the government at one point last week was considering inviting the Central Bureau of Investigation to probe the matter, reports Sheela Bhatt/Rediff.com.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
Few top honchos of India Inc did very well in 2014.
Busting a major 'front running' case in the stock market, Sebi on Friday ordered impounding of unlawful gains worth nearly Rs 15 crore (Rs 150 million) from brokerage firm Sharekhan and 15 other entities.
Banks stocks continued to trade weak along with FMCG major ITC.
Adani Power bagged Jitpur mine in Jharkhand.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
OIL, IOC, HPCL, BPCL slipped between 0.1-1.5% each while the oil producing companies such as ONGC (0.1%), RIL (1.5%), GAIL(2.6%) also edged lower.
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