Share market update: BSE Capital Goods index flat; HAL climbs 3%
The S&P BSE Capital Goods index was trading flat at 16,579.35.
Investors chase Dream11, valuation may hit $2.25 billion
ChrysCapital, Facebok co-founder Saverin’s B Capital Group and others in talks to fund firm.
IDBI Capital maintains buy on Muthoot Finance, target price Rs 875
Shares of Muthoot closed at Rs 873, up 17%.
Virat Kohli, Anushka Sharma invest in Prem Watsa backed Digit Insurance
While the captain of Indian cricket team Virat Kohli has invested Rs.1.73 crore, popular bollywood actress Anushka Sharma has put Rs.43 lakh in the company, the filing showed. Paper.vc is a platform which tracks private equity investments.
Promoters trim pledged shares as market rallies after tax cut
Pledged holdings of companies in BSE 500 index declined to 2.28 per cent in December quarter.
India’s savings rate plunges to 15 year low
Household savings also declined as consumers spent more in purchasing durables and travelling.
A jet-setting billionaire had it all. Then Carson Block came along
Muddy Waters’s scrutiny has shed light on the Indian-born billionaire's complex business arrangements.
Share market update: BSE Capital Goods index down; NBCC dips 3%
The S&P BSE Capital Goods index was trading 0.98 per cent down at 16396.44.
Creating value for 1.3 billion people through public-private partnership: Report
The investment community is an intrinsic part of this network and has so far invested more than $42 billion across 2100 startups in 2019. A positive consequence of this is the digital economy being built, aided by startups.
Vedanta likely to raise upto Rs 2,000 crore, ropes in LIC
“The issuer will likely offer 1.25 times security to LIC” against its investment, a market participant with direct knowledge of the matter told ET. This means, the metals and mining company will provide security worth Rs 2,500 crore to the insurer.
Engineering and capital goods to outperform consumption sector: Harsha Upadhyaya
Harsha Upadhyaya, CIO - Equity, Kotak AMC, says there are very few businesses which are really growing but eventually for the long-term investor, money can be made in the broader market and not just in the 20-40 largecaps. Edited excerpts:
Three stocks to play rural India story
The government is trying to put money in the hands of rural people and rabi crop is also expected to be good, says Sudip Bandyopadhyay, Dire...
Sebi levies Rs 25 lakh fine on HBJ Capital Services, 4 directors
The entities are jointly and severally liable to pay the penalty, Sebi said.
India's renewable energy to attract $10 billion annually: BoA
In the renewable sector, Bank of America expects consolidation to happen — platforms led by entrepreneurs and backed by private equity will shift to larger companies. “Renewables is a mature business and corporates will come in and create scale,” Wood said.
Share market update: BSE Capital Goods index down; Graphite India falls 5%
The S&P BSE Capital Goods index was trading 0.56 per cent down at 16,687.37.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service