Indian Bank is planning to come out with a follow-on public offer (FPO) this fiscal to reduce the government’s shareholding to less than 75 per cent from 82 per cent now, according to SEBI guideline.
Centrum BrokingTata Metaliks (Buy)CMP: ?692.80Target: ?890A subsidiary of Tata Steel, Tata Metaliks has its state-of-the-art manufacturing plant at Kharagpur, West Bengal, which produces the finest q
The National Commodity and Derivatives Exchange Ltd (NCDEX) on Monday commenced trading in rapeseed mustard oilcake futures, designed as an effective hedging tool and transparent price discovery mech
Former Navy SEAL Officer Michael Zapata sees overlooked value in shipping industry player Navigator Holdings (NYSE:NVGS). He believes NVGS is a dominant player that has great value that has been misse
In HFT, are strategies (e.g. optimal execution, market making) purely mathematical or do they mainly rely on the technology (e.g. speed, collocation)? This question was originally answered on Quora by
Bill Ackman is making a billion-dollar bet that the fast-casual burrito franchise isn’t permanently ruined from its e-coli scandal. Data shops Orbital Insight and M Science agree -- but for very diffe
Spot rubber turned better on Tuesday as sellers stayed back expecting a short term recovery in the market. RSS 4 improved to ?141 (140) a kg according to traders and the Rubber Board. The grade fir..
As much as 30 per cent of the 13.12 lakh kg offered for Sale No: 16 of Coonoor Tea Trade Association (CTTA) auctions remained unsold despite the average price falling to ?101.21 a kg -the lowest so .
Sugar prices at Vashi further drop by?4-8 and rule steady at naka level on Tuesday. On Monday evening about 14-16 mills sold about 28,000-30,000 bags at ?3,750-3,850 for S-grade and ?3,830-3,880 fo..
Bearish reports of rise in availability at lower rates have hammered down the spot pepper prices and thus in a week the market fell by ?2,000 a quintal. Spot prices fell by ?600 a quintal to close a.
Paints major Akzo Nobel India’s parent PPG Industries Inc has raised their bid for Akzo Nobel NV by around 8 per cent a share. The company has submitted a revised proposal for the proposed merger pla
Firm rupee, lack of demand and weak futures kept edible oils market bearish on Tuesday. During the day about 80-100 tonnes of palmolein resold for ready-weekly.At Rajkot, groundnut oil Telia tin was.
Three notable banking and finance companies — Axis Bank, GIC Housing Finance and Lakshmi Vilas Bank — will announce their full-year and quarter results for the period ending March 2017. Besides th...
An open offer to the shareholders of Accelya Kale Solutions from Sky Bidco SLU, along with persons acting in concert — Canary Topco Ltd and four others — will open on Wednesday. They plan to acquire
Many of the economic, market price and sentiment indicators I follow are saying the same thing: a U.S. recession, while not likely imminent, is creeping closer. We have not had one for about a decade
Jordan Kimmel: Over the last seven years we've combined our financial model called "Magnet" and brought in extra financials. The extra financials relate to corporate governance, accounting conservativ
Four Dow components report earnings this week. Here's how to buy and sell semiconductor giant Intel, software icon Microsoft and oil giants Chevron and Exxon Mobil.
The government seems to be taking a proactive approach towards divestment this fiscal. While the center has already wrapped up the offer for sale (OFS) of National Aluminum Company (Nalco) last week,
Total market valuation of all companies listed on BSE touched a lifetime peak of over Rs 125 lakh crore today helped by strong gains in broader market.
The BSE 30-share Sensex surged 287 points to en
The breakfast boost hasn't yet faded for McDonald's: the fast-food giant posted better-than-expected first quarter same-store sales Tuesday, thanks largely to its All-Day Breakfast program.
The Coca-Cola Company reported first quarter fiscal 2017 earnings results that saw an 11% drop in revenue and a 20% plunge in profit due to a confluence of factors including everything from refranchis
The Nifty50 index closed at an all-time high of 9,306 levels on Tuesday, up 89 points or one per cent, buoyed by the outcome of the first round of French elections and March quarterly earnings of inde
Shares of Reliance Industries ended over 1 per cent higher today after hitting a nine-year high, as the company reported a record fourth quarter net profit of Rs 8,046 crore. The stock gained 1.14...
The rupee rose 22 paise to hit a 3-week high of 64.20 against the dollar in the evening trade on persistent selling of the greenback by banks and exporters on the back of lower dollar overseas. Ac...
Mutual fund managers continued to be bullish on bank shares, with their allocation to the sector reaching an all-time high of over Rs 1.26 lakh crore at the end of March, mainly due to cheaper valuat
Gold prices eased on Tuesday as investor sentiment remained skewed towards riskier assets in the wake of the French election results last weekend, though concerns over Korean peninsula limited the sa
Gold prices fell for the second day today, down Rs 50 at Rs 29,600 per 10 grams at the bullion market, due to weak overseas trend and easing demand from local jewellers.
However, silver held steady..
Shares in the FTSE-100 listed group took a hit, falling by almost 6 per cent after in early trading, after it posted a 5.7 per cent rise in pre-tax profits to £515.4million in the 52 weeks to March
The SEBI board will meet on Wednesday to discuss stricter norms to check any flow of black money into the stock market through controversy-ridden P-Notes as well as initiate steps to allow mutual fun
Silver prices were down by 0.17 per cent at Rs 41,060 per kg at the futures trade today as speculators engaged in trimming their positions taking negative cues from the global markets.
At the Multi..
Gold prices dipped further by 0.41 per cent to Rs 29,012 per 10 gram at the futures trade as speculators engaged in reducing their positions, tracking a weak trend overseas.
At the Multi Commodity ..
Financial technology firm Intellect Design Arena has received the markets regulator SEBI's approval to raise up to Rs 200 crore through a rights issue.
The company had filed draft papers with the S..
The euro steadied on Tuesday, pausing after a rally sparked by the first-round results of the French presidential election, while the Canadian dollar fell after the US slapped duties on Canadian soft
Oil prices inched up on Tuesday but markets remain under pressure following six consecutive sessions of declines as traders lose confidence that pledged output cuts by major producers will rein in ov