Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Maharashtra Cabinet undecided over providing subsidy to private utilities.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Tata Motors group's investment for this fiscal is pegged at Rs 28,900 crore, mostly for its British arm Jaguar Land Rover (JLR), company chairman N Chandrasekaran said on Friday. The company will also look to raise capital separately for its electric vehicles (EV) business at an appropriate time. It is looking to have 25 per cent of its sales coming from EVs in the medium to long term, up from 2 per cent at present, he said while addressing the company's virtual AGM.
The ministry of defence has bought two regiments of the indigenous Pinaka multi-barrelled rocket launcher for Rs 3,230 crore.
'Is it advisable to have more number of scrips in small quantities or a few scrips in big quantities?'
The group began to outperform the broader market only with the onset of the pandemic in March 2020 while earlier it was largely keeping pace with the Sensex. The group's market cap is up 164.4 per cent since the end of March 2020 against a 105 per cent rally in the Sensex.
The Rs 1,094-crore contract with Tata Power SED involves upgrading 30 airbases to handle next generation fighter aircraft.
Analysts said with more power sector companies referred to the NCLT by banks, large companies would be at an advantage.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Refuting Tat's charges about Welspun buy, Mistry said to even suggest that the Tata Sons board including the nominee directors of the Tata Trusts had not been adequately informed is contrary to the factual record
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
M&M was the top gainer in the Sensex pack, surging 3.37 per cent, followed by Sun Pharma 2.53 per cent, Asian Paints 1.88 per cent, ITC 1.66 per cent, HDFC Bank 1.58 per cent and Tech Mahindra 1.51 per cent.
The statement comes in the wake of reports that warned of power crisis looming large due to the coal shortage in the country.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
The 14 listed Tata group companies in which Tata Sons holds a stake are paying out a record Rs 35,441 crore to their shareholders by way of dividends and share buyback for FY21.
A bench headed by Justice C K Thakker while seeking reply from Tata Power and Maharashtra Electricity Regulatory Commission asked Tata Power Company not to take coercive measures against Reliance till the next date of hearing in July. Reliance has challenged the Appellate Tribunal for Electricity's order dated May 12, 2008 which ruled that TPC was entitled to recover charges for energy supplied to REL at the rate of Rs 2.09 per unit.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The Mumbai power cuts come amid concerns about wider blackouts across the country due to a shortage of coal.
Tata Steel and Tata Chemicals under investor watch
Tata Power, Sesa Sterlite and Hindustan Zinc likely to be hit.
While the industry has been given the highest benefits, farmers will have to contend with 1 per cent reduction in electricity costs.
'Kindly advise about the following stocks. Can I hold or exit?'
Tata group companies have outperformed the broader market over the past four years, under the chairmanship of N Chandrasekaran. However, the group's fortunes rely heavily on the performance of Tata Consultancy Services (TCS) now, as compared to the past. The combined market capitalisation of the group's listed companies has nearly doubled in the last four years, against a 77 per cent rally in the benchmark Sensex during the period. The overall market value of 16 key group firms - excluding listed subsidiaries of such entities - stood at Rs 16.8 trillion as of Friday. This was close to 2x the Rs 8.45 trillion as of February 21, 2017 - the day Chandrasekaran took charge as chairman of Tata Sons.
Foreign investment firms, especially private equity, are jittery about the Indian market as uncertainty continues to shroud the energy sector.
The sale of Essar Oil was India's biggest deleveraging exercise undertaken by any debt-heavy group
The company wants to amend it's application against the part to make the case stronger.
A bench headed Justice Altamas Kabir, while pronouncing the judgement, refused Reliance Energy's contention that Tata Power had licence to supply power to only bulk customers.
In an affidavit filed before the apex court, the government said that the petition challenging the use of coal for projects other than 4,000-MW Sasan Ultra-Mega Power Project was filed on a totally false basis and 'gives a totally misleading and erroneous impression'.
Northern and western states had the highest power demand, with Uttar Pradesh sourcing 19,082 Mw, Delhi 6,029 Mw, Rajasthan 10,395 Mw, Gujarat 16,825 Mw, and Maharashtra 23,609 Mw.
Videsh Sanchar Nigam Ltd has decided to acquire the entire stake of Tata Power Broadband for Rs 239 crore (Rs 2.39 billion).
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In the domestic market, the Tata Group has lost ground in the passenger car business.
Overseas direct investment by Indian companies fell by over 53 per cent year-on-year to $1.16 billion in July 2014, as per RBI data.
Sensex firm on favourable GDP numbers for FY16.
Corporates understand that the PMO drives all key decisions in this government.
Tata Power, the country's largest power utility, has emerged as the only Indian company among the six firms shortlisted to bid for Singapore's largest power utility, Senoko Power, which is likely to be sold at over $3 billion.
Higher power tariff would have fetched Tata's Mundra UMPP Rs 25,000 crore (Rs 250 billion) and Adani's project an additional Rs 18,500 crore (Rs 185 billion)