Market News Top 10 News Manufacturing PMI Contracts for First Time in 11 Months – Top Indian Market News Manufacturing PMI contracts for the first time in 11 months in June Manufacturing activity in India contracted for the first time since July 2020 amidst disruptions caused due to the second wave of the Covid-19 pandemic. A decline in orders, business closures, and the Covid-19 crisis triggered a sharp fall in output among Indian manufacturers […] Written by Cherian Varghese July 1, 2021July 1, 2021
Market News Top 10 News Adani Group Enters Into Cement Business – Top Indian Market News Adani Group enters into cement business; incorporates Adani Cement The Adani Group, which has a strong presence in the ports, airports, power, gas distribution, and other businesses, is all set to enter the cement sector in India. Adani Enterprises announced that it has incorporated a new wholly-owned subsidiary, Adani Cement, with an authorized share capital […] Written by Cherian Varghese June 12, 2021June 12, 2021
Editorial A Gold Exchange to Become a Reality in India? Gold is one of the best asset classes that can help you diversify your investment portfolio and beat inflation. Last week, we had prepared a detailed article on five popular methods through which one can invest in gold in India. To recap, you can buy physical gold (in the form of jewellery, coins), invest in […] Written by Cherian Varghese May 28, 2021May 28, 2021
Editorial Pizza Hut and KFC Franchisee Devyani International Files for IPO The IPO frenzy seems to have returned to the Indian markets. Large companies such as Zomato and GoAir (rebranded as Go First) have submitted the draft papers for their IPOs with market regulator SEBI. And now, Devyani International, the largest franchisee of some of our favourite fast-food chains such as Pizza Hut and KFC, has […] Written by Cherian Varghese May 21, 2021May 21, 2021
Market News Top 10 News SEBI Imposes Rs 25 crore fine on Ambani and Family- Top Indian Market News SEBI imposes Rs 25 crore fine on Ambani and Family Market regulator SEBI or Securities and Exchange Board of India has imposed a Rs 25 crore fine on Mukesh Ambani, Anil Ambani, Nita Ambani, Tina Ambani, KD Ambani, and other family members, in a case dating 20 years back. According to SEBI guidelines, any promoter […] Written by Maarg Vaidya April 8, 2021April 8, 2021
Editorial What are Infrastructure Investment Trusts (InvITs)? An Infrastructure Investment Trust (InvIT) is an investment scheme (similar to a mutual fund) that enables individual and institutional investors to directly invest funds in infrastructure projects. These investors, who collectively invest small amounts of money in income-generating assets, receive a small portion of the income in return. These ‘assets’ could include road projects, power […] Written by Cherian Varghese February 4, 2021March 10, 2021
Market News Top 10 News Bharti Airtel Reports Net Profit of Rs 854 crore in Q3 – Top Indian Market News Bharti Airtel Q3 Results: Net profit at Rs 854 crore Bharti Airtel reported a consolidated net profit of Rs 853.6 crore for the quarter ended December (Q3). It has posted a net loss of Rs 763.2 crore in the corresponding quarter last year. The telecom operator’s revenue grew 6% quarter-on-quarter (QoQ) to Rs 26,517 crore […] Written by Cherian Varghese February 3, 2021February 3, 2021
Jargons Who are Foreign Institutional Investors (FII)? Foreign institutional investors (FIIs) are those investors or funds that are based out of a foreign country and invest in the securities market of other countries. The term is most commonly used in India, where it refers to outside entities investing in the nation’s financial markets. FIIs can include hedge funds, insurance companies, pension funds, […] Written by Cherian Varghese January 14, 2021January 14, 2021
Market News Top 10 News Govt Finalises Covid-19 Vaccine Transport Module – Top Indian Market News Govt finalises Covid-19 vaccine transport module The Central Government has prepared a detailed draft for air transportation of Covid-19 vaccines. Pune will be the central hub from where the vaccine distribution will take place. There are a total of 41 destinations (airports) across the country that has been finalised for the delivery of vaccines. The […] Written by Cherian Varghese January 7, 2021January 7, 2021
Market News Top 10 News Bharat Biotech’s Covaxin Gets Approval for Emergency Use – Top Indian Market News Bharat Biotech’s Covaxin gets approval for restricted emergency use: Report The Subject Expert Committee of the Central Drugs Standard Control Organisation (CDSCO) on Saturday gave its approval for the restricted emergency use of Covaxin in India. Covaxin is jointly developed by Bharat Biotech and the Indian Council of Medical Research (ICMR). This is the second […] Written by Cherian Varghese January 2, 2021January 2, 2021
Market News Top 10 News Cabinet Approves Rs 3,500 crore Sugar Export Subsidy – Top Indian Market News Cabinet approves Rs 3,500 crore sugar export subsidy Union Minister Prakash Javadekar announced that the Cabinet Committee on Economic Affairs (CCEA) has approved a Rs 3,500 crore subsidy for sugar farmers. The subsidy will be given on 60 lakh tonnes of sugar exports at the rate of Rs 6,000 per tonne. He stated that 5 […] Written by Cherian Varghese December 16, 2020December 16, 2020
Editorial NSE Algo Scam, All About The National Stock Exchange(NSE) Co-Location Scam Scams have taken place within exchanges and the stock market, but have you ever heard of a stock exchange itself scamming someone? The National Stock Exchange did exactly that in what is called the ‘NSE co-location Scam’. This scam involved close to 62 brokers, advisories, traders, and the employees of the National Stock Exchange. Here’s a quick brief on what the co-location scam was all about. Written by Maarg Vaidya December 9, 2020December 9, 2020
NSE VS BSE | How NSE Beat BSE to Become India’s Top Stock Exchange Stock exchanges are the powerful platforms or marketplaces that allow us to invest or trade in securities. Most beginners in the stock market have a doubt regarding the exchange they should transact in— whether it should be BSE or NSE. In this article, we dive into the two prominent stock exchanges of India. We shall […] Written by Cherian Varghese July 20, 2021July 20, 2021
Tatva Chintan Pharma Chem IPO: All You Need to Know Another day, another IPO! Tatva Chintan Pharma Chem has launched its three-day initial public offering (IPO) today— July 16. It will be the fourth public issue to hit the markets this month. Let us learn more about the company and its IPO. Company Profile – Tatva Chintan Pharma Chem Tatva Chintan Pharma Chem Limited (TCPC) […] Written by Cherian Varghese July 16, 2021July 16, 2021
The Shale Oil Revolution: An Alternative To Conventional Crude Oil? Petrol and Diesel in India have crossed Rs 100/litre. Crude oil is getting expensive and with prices refusing to fall, global oil-producing countries like Saudi Arabia, UAE, Russia, etc. are involved in a deadlock. While oil prices are in dismay, an alternative source to conventional crude oil is thriving in the US. It is the […] Written by Maarg Vaidya July 15, 2021July 15, 2021
