Domestic wind power firm Suzlon Energy chief Tulsi Tanti, along with Wadia Institute of Himalayan Geology's D P Dobhal, have made to a list of global environment champions prepared by the Time magazine.
Making the things worse, those hitting their record low share prices included big names like Reliance Power, Cipla, Ranbaxy, Ambuja Cement, Hindalco, Indian Hotels, Jaiprakash Associates, Jet Airways, Suzlon Energy and Idea Cellular. Realty majors DLF Ltd, Unitech, Parsvnath, Sobha Developers, Omaxe and Puravankara also plunged to their all-time lows.
India has been ranked second in the global M&A deals this year so far in the Asia-Pacific region, with a total outbound deal value of $13.5 billion, a latest report says.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The 6 IPOs that were scanned by Sebi were the public issues of Suzlon Energy, Jet Airways, NTPC, TCS, Patni Computer Systems and TV Today Network.
Our break-even level has come down and we expect the cost structure to improve further, says the Suzlon chief.
The rally in the equity markets in the second half of 2023 has led to a sharp surge in the cutoff for stocks to qualify as largecaps and midcaps. On the latest list put out by the Association of Mutual Funds in India (Amfi), the smallest largecap stock now has a market capitalisation (m-cap) of Rs 67,000 crore, 35 per cent higher than in July 2023. In the case of midcaps, the cutoff has surged 26 per cent to Rs 22,000 crore.
Adani Power will also be dropped from the S&P BSE 100 index
At a time when exchange-traded funds (ETFs) were unloading Jio Financial Services from their portfolios, some active fund managers were placing large bets on the demerged financial services arm of Reliance Industries Ltd (RIL), a report by Nuvama Alternative & Quantitative Research shows. Motilal Oswal Mutual Fund and Quant Mutual Fund were the top MF buyers of the stock in August. They bought around 60 million shares each, together investing around Rs 2,800 crore.
With the government's focus on environment-friendly fuel, Indraprastha Gas, Mahanagar Gas and Suzlon's earning prospects look bright
'Right time, right place, right business and I could see I was the right person. It was a now or never moment in a sense. If I didn't do it then, then when? There is little point in entering a business as an entrepreneur when someone else has proven the concept.' BJP leader Yashwant Sinha's son started ReNew Power during the UPA II government to focus on clean energy.
The fundraising through rights issues in the first 10 months of 2022 is the lowest since 2016 during a similar period.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
As many as 58 companies raised money from automatic route and 8 firms raised via approval route.
Sun Pharma's Dilip Shanghvi is India's richest person.
Shanghvi needs to deploy this excess cash.
Sensex ended up 41 points at 29,136 and Nifty gained 4 pts to 8,809.
On the telecom sector, he demanded auctioning of more spectrum.
India seeks greater market access for its products including textiles, pharmaceuticals and bovine meat.
Corporate earnings grew in double digits during the April-June 2022 (Q1FY23) quarter but the momentum waned. Overall corporate earnings in the quarter were down sharply from their highs in FY22. The combined net profit of 2,981 listed companies across sectors in the Business Standard sample was up 22.4 per cent YoY to Rs 2.24 trillion in the June quarter, driven by a big jump in the earnings of banks, non-banking lenders, oil & producers, and FMCG companies. Also, earnings in the corresponding quarter a year ago were affected because of the second wave of the Covid pandemic, even though the numbers were a lot better than Q1FY21 when there was a nationwide lockdown.
Delaying action on climate change will hurt growth: Global CEOs.
Anil Ambani's Reliance Power tops the table with 3.46 million shareholders
Infrastructure and real estate prominently feature as wealth destroyers.
His father is a former finance minister. His brother is a minister in the Modi government. But Sumant Sinha wants nothing to do with politics and tells Shreya Jai why he is bullish on the renewable energy sector.
Act says remuneration to directors and key managerial personnel should involve a balance between fixed and incentive pay.
In similarly-worded notices of attachment dated October 17, Sebi asked 11 banks, including ICICI Bank, Bank of Baroda, HDFC Bank, IDBI Bank, Indian Overseas Bank and Standard Chartered Bank, to attach the accounts of the three individuals.
Sun Pharma open to large acquisitions post Ranbaxy.
There is a lot of optimism as regards the defence, railway and manufacturing sectors.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The S&P BSE Midcap and the S&P BSE Smallcap indices slipped in red to shed over 1% each
This measure will ensure that the price of a scrip cannot move upward or downward beyond a limit set for the day.
Pawan Verma contended that PSU banks are influenced to give loans to the people who are not able to repay them.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
These firms reported a combined operating profit of Rs 26,077 crore (Rs 260.77 billion).
Weakness in Infosys, L&T and Hindalco cap index gains.
