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IOC to evaluate repercussions of US sanction’s on CPCL expansion

IOC to evaluate repercussions of US sanction’s on CPCL expansion

Indian Oil Corporation Ltd (IOC) is trying to assess the repercussions of Iran's investment in their subsidiary Chennai Petroleum Corporation Ltd (CPCL) expansion projects worth of Rs. 35,700 crores. CPCL's...
Another whammy! Now CRISIL downgrades DHFL commercial papers

Another whammy! Now CRISIL downgrades DHFL commercial papers

Dewan Housing Finance Corporations (DHFL) has been facing difficulties since a long time now and recently another black cloud was formed on it. CRISIL, a credit rating agency, downgraded the...
Is this end of the road for Diesel cars?

Is this end of the road for Diesel cars?

It shook the automotive industry when the government of India came up with the new emission standards. These standards will regulate the output of air pollutants from spark-ignition equipment and...
Not investor's pasand. Stock hammered by 50% due to GST fraud

Not investor's pasand. Stock hammered by 50% due to GST fraud

Shares of Manpasand Beverages were locked at the lower circuit limit of Rs 48.85 on 3rd June 2019. The plunge experienced was almost 50%. This was after the arrest of...
Adani carmichael coal project recieves nod after coalition party emerges victorious

Adani carmichael coal project recieves nod after coalition party emerges victorious

The Adani group receives a nod from the state of Queensland, Australia for the company's management plan to protect the endangered bird. The approval is one of the two permits...
Tobacco industry braces for impact as Dr. Harshvardhan takes over

Tobacco industry braces for impact as Dr. Harsh Vardhan takes over

Dr Harsh Vardhan has been re-elected as a part of Prime Minister Narendra Modi’s Cabinet. During his last tenure as a cabinet minister, Dr Vardhan was responsible for three ministry...
corporate tax rate cut

Reliance Capital aims to reduce debt by Rs. 10,000 crores

On 18th May 2019, Reliance Capital Ltd (RCL) announced their plans for monetizing its assets worth of Rs. 10,000 crores in order to reduce their more than 50% of debt...
Making Money from Stocks

Making Money from Stocks

Everyone has the brainpower to make money in stocks. Not everyone has the stomach. -Peter Lynch A stock is a security that denotes proportionate ownership in the corporation. The stock...
Airtel gains ARPU but lose valued customers due to this scheme

Airtel gains ARPU but lose valued customers due to this scheme

India's largest telecom operator reported an increment of over 18% in its Average Revenue Per User (ARPU). The ARPU rose from ₹104 Q3FY18 to ₹123 Q4FY19. The jump in the...
ADAG on selling spree. Radio gone what next

ADAG on selling spree. Radio gone what next

On 23rd May 2019, Anil Ambani had signed an agreement with Nippon Life Insurance to exit Reliance Nippon Life Asset Management Limited (RNAM). Reliance Capital is going to receive about...