Vedanta Demerger likely to reverse its past efforts of consolidation; Kotak maintains ‘Sell’ on stock
The Kotak Institutional Equities has maintained its ‘Sell’ rating on Vedanta after the company announced a demerger of its existing businesses into six listed entities. The share of…
Kronox Lab Sciences IPO closes on June 05; Here’s all you need to know before subscribing
Kronox Lab Sciences IPO will close on June 05. The company opened the issue on June 03 with a price band fixed at Rs 129 to 136 per…
Nifty Rejig- Trent, BEL to replace Divi’s Lab, LTI Mindtree on Nifty from Sep 30
Tata Group’s retail arm, Trent, and state-run Bharat Electronics will be added to the National Stock Exchange’s (NSE) benchmark Nifty 50 index starting September 30. They will replace…
Will Nifty hold 21,500 levels or fall further- See GIFT Nifty, FII data, F&O ban, crude, more before market opens
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Tuesday. Here is all you need to know before…
Will Nifty hold 21,500 levels or gain ahead- See GIFT Nifty, FII data, F&O ban, crude, more before market opens
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a negative opening on Wednesday. Here are the top things to know before…
Wipro’s ADR slips 8% after Q3 results
American depository receipts of Wipro fell over 8% to close at $5.76 on the New York Stock Exchange. On Tuesday, the company’s shares fell nearly 3% to Rs…
Vi FPO booked 49% at the end of day 2
The subscription for Vodafone Idea’s Rs 18,000 crore follow-on public offer (FPO) reached nearly halfway by the end of the second day, with bids received for 49% of…
Why the Maker of Oreo and Cadbury Dairy Milk Has Been Fined $366 Million
Mondelēz, the maker of Oreo cookies and Cadbury Dairy Milk chocolate, has been fined $336 million (€337.5) by the European Commission for breaching laws regarding cross-border sales. Mondelēz…
Why Cooperation Is Essential to Build ‘Intelligent Economies’
Growing competition between global powers, in search of economic security and leadership, has contributed to a highly fragmented global economy. Trends including countries increasingly imposing trade barriers such…