Staying invested in shares for a long period of time has made fortunes for investors, particularly when they find a company with good fundamentals and invest when its shares are available at low prices. The shares of Kotak Mahindra Bank rose from ₹ 1.65 apiece to ₹ 1,930.80 in the last twenty years. Its shares [...]
The Indian markets climbed higher for the fifth session in a row. The benchmark indices started the week by scaling to highs for the first time in thirteen months. In addition, the Nifty bank index also clocked its highest-ever close. The markets continued to move northwards and reached a record high on Thursday. The Sensex [...]
The government on Friday said it has almost doubled the fees for IP facilitators under startups intellectual property protection (SIPP) scheme. The commerce and industry ministry said that the revised scheme is applicable from November 2. "To further encourage IP facilitators to provide quality services to startups in order to increase the number of IP [...]
The country's coal production increased 17 per cent to 524.20 million tonnes in the April-November period of the ongoing fiscal. India's coal output was at 447.54 million tonnes in the year-ago period. In a bid to augment coal production capacity, the government has put 141 new coal blocks for commercial mines auction and has been [...]
The shares of Talbros Automotive Components Ltd quoted 6 per cent higher till the afternoon on Friday at Rs 488 levels. The shares surged after the company announced that it has bagged orders worth Rs 40 crore. The auto components company received new multi-year orders worth Rs 420 crore from both domestic and overseas customers [...]
Maruti Suzuki India will increase the prices of its vehicles 'substantially' from next month as it looks to offset the impact of rising input costs and make provisions to update the model range to conform to stricter emission norms which kick in from April 2023. In a regulatory filing on Friday, the country's largest carmaker [...]
The Initial Public Offer (IPO) of engineering systems and solutions provider Uniparts India was subscribed 25.32 times on the last day of subscription on Friday. The IPO received bids for 25,66,29,175 shares against 1,01,37,360 shares on offer, according to NSE data. The category meant for Qualified Institutional Buyers (QIBs) was subscribed 67.14 times, while the [...]
The shares of NMDC Limited were trading in green till Friday afternoon at Rs 120 levels. The stock is under the radar of investors after the government made announcements regarding a stake sale of the company. The government has invited preliminary bids for the strategic sale of NMDC's Nagarnar Steel Plant. The last date for [...]
The shares of Raymond Limited opened at Rs 1,372 on Friday and gained as much as 15 per cent in the early hours to reach a new 52-week high of Rs 1,578.10. In the span of a month, the stock has gained approximately 32 per cent. The shares of the textile company were trading at [...]
Tata Power CEO and MD Praveer Sinha announced a Rs 6,000 crore capital investment by the company in Odisha. Speaking at the Make in Odisha Conclave here on Thursday, Sinha said the four power discoms of Odisha, where Tata Power has a majority stake, are committed to Rs 6,000 crore capex investment in the next [...]
