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Contraction in Banking Stocks to around 6 percent due to RBI's repo rate cut
Business, Economy - June 20, 2019

US FED keeps rate unchanged. Signal possible rate cuts next year

The Federal Reserve might scrap the patient approach and possibly open doors to potential rate cuts this year. In the updated economic projections issued by the Federal Reserve on 19th...
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Castrol India reported a net profit of Rs.206 crore.
Market News, Markets - June 19, 2019

NDTV tanks 8% due to alleged promoter involvement in loan fraud

The shares of the Delhi based Media Company NDTV tanked 8% lower to ₹32.10 from their previous closing price of ₹34.80 on BSE on June 17, 2019. Stock prices observed...
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Dharani Sugars Q1 FY2026: Challenges Amid Industry Headwinds
Market News, Markets - June 19, 2019

IndusInd stock under pressure due to asset quality concerns

IndusInd Bank has plunged over 10% within two days wiping out over ₹9,000 crore from the bank's market capitalisation. The scrip witnessed heavy selling pressure amidst reports of the downgrade...
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Decade long wait over for Adani group. Carmichael project gets final nod
Market News, Markets - June 17, 2019

Decade long wait over for Adani group. Carmichael project gets final nod

The Adani group has finally received a green signal after almost a decade for its mining project in Australia. The company received the final approval on 13 May 2019. They...
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Visteon Invests $10M in India's Camera Manufacturing!
Economy - June 15, 2019

FDI inflows increase but India drops down one rank

Foreign direct investment (FDI) inflows to India in 2018 grew by 6% to $4200 crores. However, India slipped its rank by one place in the latest ranking of top foreign...
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MRF Q1 FY26: Revenue Up, Profits Down on Margin Pressures
Automobile News, Autos - June 15, 2019

Auto industry needs government as a saviour to survive the slowdown

The auto segment has been subject to the slowdown in the previous year. It has dropped down by 20% in May’19. In order to match the market demand, the retail...
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Eros International reaffirms strong financials after shares plummet
Market News, Markets - June 15, 2019

Eros International reaffirms strong financials after shares plummet

Global Indian Entertainment Company, Eros International Plc announced its share repurchase program of up to $20 million of outstanding common shares on 9th June 2019. This announcement came after shares...
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Safex Chemicals Plans ₹450 Cr IPO to Strengthen Financial Health and Growth
Market News, Markets - June 14, 2019

Neogen Chemicals shows positive chain reaction. Hits record high on tepid day

The shares of the chemical manufacturer, Neogen Chemicals jumped to a record high since its listing on May 8, 2019. On May 12, 2019, the stock price of the company...
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Private 5G network in India struggles to find demand: COAI
Business, Markets - June 13, 2019

Tata Telecommunication has to refund subscriber's money. Orders TRAI

After the merger deal between Bharti Airtel and Tata Teleservices Limited (TTSL) in October 2017, TTSL decided to discontinue their operations. On 10th June 2019, the Telecom Regulatory Authority of...
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BHEL Secures Major Power Project Contracts from Adani Group
Business, Market News, Markets - June 13, 2019

RIL and BP receives green signal for MJ project

The joint venture of Reliance Industries Limited (RIL) and BP Plc made a public announcement regarding receiving a green signal for MJ project. MJ project which is also known as...
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