Market News Top 10 News MTAR Technologies IPO Subscribed 200.8 Times on Final Day of Bidding – Top Indian Market News MTAR Technologies IPO subscribed 200.8 times on final day of bidding The Rs 596.41-crore initial public offering (IPO) of MTAR Technologies was subscribed 200.79 times on the second day of bidding. The issue received bids for 145.79 crore equity shares against an offer size of 72.60 lakh shares. The portion reserved for retail investors was […] Written by Cherian Varghese March 5, 2021March 5, 2021
Market News Top 10 News Nitin Gadkari Approves Proposal to Levy ‘Green Tax’ on Old Vehicles – Top Indian Market News Nitin Gadkari approves proposal to levy ‘Green Tax’ on old vehicles Union Minister for Road Transport and Highways Nitin Gadkari has approved a proposal to levy a ‘Green Tax’ on old vehicles that are polluting the environment. Transport vehicles older than eight years could be taxed at the rate of 10-25% of road tax. This […] Written by Cherian Varghese January 25, 2021January 25, 2021
Editorial 5 Reasons Why Nifty is Rising! Nifty 50 hit a record high on November 9 as the index closed at 12,461.05, up by 1.61%. The next day, Nifty jumped again with spring and concluded at 12,631. There has been a remarkable rally in the past few days which has taken Nifty 50 to even cross its pre-covid highs. Today, as of […] Written by Sanidhya Bhardwaj November 11, 2020November 11, 2020
Editorial Editorial of the Day How Kotak Bank made a Profit Jump of 26.3% for Q2 FY21 Result Private sector lender Kotak Mahindra Bank Ltd, on Tuesday (26th October), came out with their results which defeated all the street estimates. They declared a 26.3% year-on-year (YoY) rise in standalone net profit for the September quarter 2021. Their Net Interest Income (NII) also gained 17% YoY for this quarter. These are spectacular numbers. The […] Written by Sanidhya Bhardwaj October 29, 2020October 29, 2020
Market News Top 10 News India to grow oil refining capacity to 450 MT by 2025 – Top Indian Market News India to grow oil refining capacity to 450 MT by 2025: PM Modi Prime Minister Narendra Modi, on Monday, announced that India will increase its oil refining capacity to 450 million tonnes by 2025. The refining capacity is currently at 250 million tonnes. He stated that India’s energy sector will be growth-centric, investor-friendly, and environmentally […] Written by Cherian Varghese October 26, 2020October 26, 2020
Top 10 News ‘Interest on Interest’ for loans up to Rs 2 crore to be waived off – Top Market News ‘Interest on Interest’ for loans up to Rs 2 crore to be waived off The Finance Ministry has informed the Supreme Court that it has agreed to waive ‘interest on interest’ on loans of up to Rs 2 crore during the six-month moratorium period. Those who have already cleared their own dues between March and […] Written by Cherian Varghese October 3, 2020October 3, 2020
An Analysis of Ashok Leyland The Hinduja Group’s Ashok Leyland has produced some of India’s best buses and trucks over the past seven decades. From school buses to army trucks, the company continues to play a vital role in our country’s development. In this article, learn more about Ashok Leyland Ltd, the second-largest manufacturer of commercial vehicles in India. Ashok […] Written by Cherian Varghese January 12, 2022January 12, 2022
What is DeFi? What are its Applications? While investing or trading in cryptocurrencies, you might have come across a category of tokens known as DeFi or Decentralised Finance. With the advancement of blockchain technology and a large variety of cryptos, many consider DeFi to be the future of financing in the world. In this article, we dive into the world of Decentralised […] Written by Cherian Varghese January 10, 2022January 10, 2022
The Fed Minutes: Explained Minutes of the US Federal Reserve’s December policy meeting were released last week. It outlines the central bank’s plans to speed up measures to keep inflation in check. The US markets fell heavily following the developments as investors are concerned about the aggressive stance of the Fed. The Indian markets declined by up to ~1.5% […] Written by Cherian Varghese January 10, 2022January 10, 2022
