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True North set to acquire 51% stake in Max Bupa Health Insurance Company

True North set to acquire 51% stake in Max Bupa Health Insurance Company

The Indian Private Equity (PE) firm True North Capital has agreed to acquire 51% stake in Bupa Health Insurance Company. True North is set to buy the entire 51% stake...
KKR proposes to buy a controlling stake in Mindtree

KKR proposes to buy a controlling stake in Mindtree

KKR & Co., the private equity firm has launched a bid worth Rs. 3,100 Crore for VG. Siddhartha’s 20.4% share in the coffee outlet chain Café Coffee Day and the...
UCO bank to gain by US sanctions

UCO bank to gain by US sanctions

UCO Bank is set to benefit from the sanctions imposed on Iran’s oil exports by the US Government. The bank could benefit from the extra cash that would be generated...
Government to infuse Rs 48,239 crores in 12 state-run banks

Government to infuse Rs 48,239 crores in 12 state-run banks

On 20th February, 2019 the ministry of finance decided to infuse ₹48,239 crores in 12 public sector banks. This is done so that these Prompt Corrective Action (PCA) banks can...
Equity Right

SEBI exempts Coal India from the buyback program

Coal India Limited, a state-owned company was exempted by SEBI from complying with the regulations of the buyback program for ₹4.46 crore shares. On 12th February, 2019 Coal India had...
Equity Right Reliance Communications

RCOM woes worsen. Anil Ambani held guilty by the top court

Reliance communication Chairman, Mr. Anil Ambani was held guilty by the supreme court on 19th February, 2019 for not clearing the dues of ₹550 crores. Anil Ambani will be sent...
USFDA issues form 483 to Dr. Reddy's Laboratories

USFDA issues form 483 to Dr. Reddy's Laboratories

Dr Reddy’s laboratories plunged nearly 29.77%. It hit an intra-day low of Rs. 1872.95 on 15th February 2019. The company also hit 52 weeks low today on NSE and BSE....
L&T to keep order size under wraps

L&T to keep order size under wraps

Larsen and Toubro (L&T) had a practice of disclosing all its order details in order to maintain transparency amongst the stakeholders. All the details of the customer’s order except the confidential...
Equity Right

The Flaws of Technical Analysis

When it comes to trading, truth be told it doesn’t matter which strategy you use for trading. It will eventually yield money be it fundamental, technical or any kind of...

The fall of the Singh Brothers

  The opaque corporate structures common in the family dynasties dominate Indian commerce. Prime Minister Narendra Modi started pushing companies to increase their transparency to help attract more foreign investors...