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Tobacco industry braces for impact as Dr. Harshvardhan takes over
Business, Market News, Markets - June 3, 2019

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...
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corporate tax rate cut
Business, Market News, Markets - June 3, 2019

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...
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STL Networks’ Shares Jump on ₹360 Crore PowerGrid Teleservices Contract
Business, Market News, Markets - June 2, 2019

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...
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Tata Power Supercharges India’s Green Goals with Bold Investment Drive
Business, Market News, Markets - June 1, 2019

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...
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SpiceJet Soars to Profit: Q4 Surge Delivers First Annual Gain in Seven Years
Business, Market News, Markets - June 1, 2019

Jet Airways asked to open the closet. Lenders ask auditors to make Audit report public

Ernst & Young (E&Y) was asked by the lenders’ consortium to carry out a forensic audit of Jet Airways books in April 2019. The audit report was not made public...
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https://www.equityright.com/bel-bags-fresh-defence-orders-worth-%e2%82%b9585-crore-expands-strategic-focus/
Business, Economy, Market News, Markets - June 1, 2019

Crude in trouble. Worries for India as US sanctions rogue nations

The never-ending saga of the US sanction on Iran and Venezuela has taken hit on the crude oil prices in the last year. China and India are the largest importers...
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Konstelec Engineers Secures ₹16.33 Cr Contract Boost!
Business - May 31, 2019

L&T ups the ante. Grabs more of Mindtree

On 29th May 2019, Infrastructure major Larsen & Toubro (L & T) Ltd acquired 97,815 equity shares of Mindtree Ltd. The mode of acquisition was through the open market. This...
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Equity Right Ola Financial Services
Banking, Business, Market News, Markets - May 31, 2019

SFPL gives up NBFC dreams. Renounces the licence

Mr Dilip Shanghvi's investment company Shanghvi Finance Pvt Ltd (SFPL) has surrendered their NBFC license. The investment company is a unit of Dilip Shanghvi Group. The group is also responsible...
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Modi 2.0 What lies ahead? (Part 2)
Business, Economy - May 31, 2019

Modi 2.0 What lies ahead? (Part 2)

The BJP-led government has to confront a set of deep-rooted economic challenges. Nursing nation’s public sector bank and the economic slowdown will be their immediate priorities. Here are some of...
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Modi 2.0 What lies ahead
Business, Economy - May 30, 2019

Modi 2.0 What lies ahead?

The landmark victory with a historic mandate for Prime Minister Narendra Modi 2.0 has brought stability buffer but it confronts load of expectations, which will be put to test in...
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