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As New Year begins, there’s some nervousness in markets
In some areas, valuations seem stretched, as seen in the surge of micro-cap stocks and the enthusiasm for new issues, including in the SME sector, Jaykrishna Gandhi, Head of Business Development, Institutional Equities at Emkay Global…
Nifty declines for second day on profit booking, weak PMI data
Domestic equities continued to witness profit booking on the back of weak global cues and a fall in India’s PMI manufacturing to an 18-month low at 54.9 for December, Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial…
India: 602 covid cases in one day
India has recorded 602 new #Covid19 infections in the past 24 hours, pushing the the total number of active cases to 4,440 on Wednesday.
Arjun Atwal welcomes PM Modi’s vision for Pravasi Sports
Indian golf legend Arjun Atwal has welcomed Prime Minister Narendra Modi’s vision for Pravasi Sports.
Atwal, who is the only Indian to win on the coveted PGA Tour, shared his thoughts with the Holistic International Pravasi…
Suryakumar Yadav nominated for ICC Men’s T20I Player of the Year award; Perry, Matthews…
India’s batting maverick Suryakumar Yadav has been nominated for ICC Men’s T20I Player of the Year award for 2023. The right-handed batter, known for his 360-degree strokeplay, had won the award in 2022 for scoring 1164 runs in the format,…
Muted business updates from corporates dent market sentiments
Muted monthly and quarterly business updates from corporates have dented market sentiments generally, Deepak Jasani, Head of Retail Research at HDFC Securities, said on Wednesday.
Nifty closed lower for the second consecutive…
Indian origin-led early stage VC firm Countdown Capital to shut down
Indian-origin entrepreneur Jai Malik-led early-stage venture capital firm Countdown Capital will reportedly shut down by March-end amid the funding winter.
The company is slated to complete pending investments, return capital,…
Adani Group to set up data centre, aerospace park in Telangana
The Adani Group has come forward to invest in Telangana and it is keen to set up a data centre and aerospace park.
The Chief Minister A. Revanth Reddy on Wednesday held talks with Gautam Adani's son and CEO, Adani Ports and…
India saw highest private equity, venture capital exits in 2023: Report
India saw the highest number of private equity and venture capital exits in 2023, according to a report on Wednesday.
The report by Nuvama Institutional Equities showed that about 78 companies witnessed PE exits, totalling Rs…
Site execution for HPL’s largest phenol plant begins in Haldia
Petrochemicals major Haldia Petrochemical Limited (HPL) announced on Wednesday that it has begun the site execution process for the entity’s largest phenol plant in India to be located in the industrial township of Haldia in West Bengal's…