Canada's CPPIB to invest $600 million in NIIF Master Fund
NIIF is India’s first sovereign wealth fund that was set up by the Government of India in February 2015.
RBI Guv maintains anti-cryptocurrency stance
RBI has held several internal discussions and consulted with other central banks on possibility of launching India’s own digital currency.
HSBC maintains hold on Tata Power Company, lowers target price to Rs 65
Deleveraging effort and Mundra resolution remains slow in this uncertain environment, said HSBC.
FMCG companies tweak sales mix in slow market
To de-tangle growth from the grip of a slowdown, fast-moving consumer goods (FMCG) companies are redefining their product and marketing strategies, depending on their stage of evolution.
MG Motor introduces ZS EV after Hector, says launch due in January
The company has tied up with various partners to launch the EV with entire charging ecosystem.
GST, RERA to benefit listed real estate companies. Here are 2 stocks to bet on
Mid cap companies are quoting at reasonable valuations. In addition to strong real estate developers, companies that are into construction of buildings will also benefit from the expected shift to the organised sector.
AGR impact: S&P keeps Airtel rating on negative watch
Bharti Airtel has hiked tariffs by 15-45 per cent effective December 3, which should temper the impact of the court ruling.
CarDekho raises $70 million to expand operations
Sequoia India is one of the early investors in CarDekho, having led the Series A round in 2013. With this new round of funding, CarDekho has now raised more than $250 million.
Licious brings on board redBus founding member Bhaskar Konduru as CTO
Konduru comes with a deep understanding of the Indian startup space, given his decade-long work at redBus as a founding member, followed by his stints with start-ups like HelloClass, Pharmeasy and Housejoy, among others.
India may force social media platforms to offer user verification
Social media platforms may have to offer an identify-verification option if the Data bill becomes a law.
India's Petronet LNG says in talks with several firms on deals
Mishra said Petronet is in the process of appointing a consultant to help guide the company to sign deals to buy LNG from overseas suppliers
Buy BPCL, price target Rs 525: Kunal Bothra
The analyst suggested a stoploss at Rs 486.
Buy Tata Elxsi, price target Rs 886: Kunal Bothra
The analyst suggested a stoploss at Rs 818.
Sell Indraprastha Gas, price target Rs 396: Kunal Bothra
The analyst suggested a stoploss at Rs 415.
Flipkart leads $60 million round in logistics startup Shadowfax
The companies did not disclose the transaction value, but sources briefed on the matter told ET that the investment valued Shadowfax at about $200-$250 million, and is also likely to see other new investors join in.
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