INVESTOR INTEREST


Moneylife Digital Team 03 December 2021
On Friday, the indices opened higher and ended with loss. On the National Stock Exchange (NSE), 1,074 stocks advanced, 924 declined, and 74 remained unchanged with advance decline ratio of 1.16.   The trend of the major indices on Friday’s trading are given in the table...

Read More



Sucheta Dalal Sucheta Dalal 03 December 2021
On 29th November, when the Reserve Bank of India (RBI) superseded the board of Anil Ambani run Reliance Capital Ltd (RCL) and placed it under an administrator, the overwhelming reaction was that, finally, the regulator has bestirred itself to act! Or, as our columnist V Ranganathan says, RBI...

Read More



Moneylife Digital Team 02 December 2021
Nippon India Mutual Fund (NIMF) has launched the Nippon India Taiwan Equity Fund, which is India's first open-ended Taiwan-focused equity scheme. The new fund offer (NFO) opened for subscription on 22nd November and will close on 6th December. Taiwan is globally the biggest chip manufacturer...

Read More



Moneylife Digital Team 02 December 2021
We had mentioned in Wednesday’s closing report that Nifty and Sensex may try to push higher. On Thursday, the indices opened flat and ended with gain. On the National Stock Exchange (NSE), 1,439 stocks advanced, 628 declined, and 73 remained unchanged with advance decline ratio of...

Read More



Moneylife Digital Team 02 December 2021
Borosil Renewables (Borosil) reported gross quarterly revenue of Rs161 crore, up 18% quarter-on-quarter (q-o-q) and 41% year-on-year (y-o-y). Operating profit was Rs59 crore down 5% q-o-q and up 84% y-o-y and net profit was Rs34 crore, down 15% q-o-q and up 143% y-o-y. Capacity utilisation...

Read More



Moneylife Digital Team 02 December 2021
Gujarat Fluorochemicals Limited (GFCL) is a specialty chemicals company and a leading producer of fluoropolymers, fluorospecialties, refrigerants and chemicals. It is looking to join futuristic technology, like electric vehicles (EVs) and 5G, by supplying raw materials and components to these...

Read More



Moneylife Digital Team 02 December 2021
Anand Rathi Wealth Ltd (ARWL) is a wealth management firm which is making its initial public offering (IPO) today. In a departure, from our usual IPO analysis, we are stating upfront some information we have obtained about ARWL. The usual IPO analysis follows. According to our...

Read More



IANS 01 December 2021
The Supreme Court on Wednesday warned the Oil and Natural Gas Corporation (ONGC) of contempt, for declining to pay fees to the arbitrators, retired judges, who have been arbitrating its dispute with Schlumberger Asia Services Ltd.   A bench headed by chief justice NV Ramana and...

Read More



Moneylife Digital Team 01 December 2021
On Wednesday, the indices opened higher and ended with gain. On the National Stock Exchange (NSE), 1,204 stocks advanced, 788 declined, and 68 remained unchanged with advance decline ratio of 1.53.    The trend of the major indices on Wednesday’s trading are given in the table...

Read More



Ranganathan V Ranganathan V 01 December 2021
Even by the staid standards of the regulator, the glacial pace and unspoken reluctance with which Reserve Bank of India (RBI) issued the diktat to supersede the board of Reliance Capital Ltd on 29 November 2021, the development has been little commented upon in the media that ran headlines on...

Read More



Moneylife Digital Team 01 December 2021
Ramesh Babu Potluri, who worked under Murali Divi when they were both in Cheminor Drugs (a group company of Dr Reddy’s), founded SMS Pharmaceuticals Ltd (SPL) in 1990 by taking over a sick facility and turning it around. SPL emerged from being a single-unit and a single-product company into...

Read More



Moneylife Digital Team 01 December 2021
Tega Industries Ltd (TIL) manufactures wear-resistant rubber products and components for mining applications and polyurethane lining. Globally, it is the second largest producer of polymer-based mill-liners, on the basis of revenue as of Q1FY21-22. TIL's product portfolio comprises more than...

Read More



Moneylife Digital Team 30 November 2021
We had mentioned in Monday’s closing report that Nifty and Sensex may try to rally. On Tuesday, the indices opened sharply higher and started declining from 10.30 onwards as the US futures went deeply in the red, and ended in a loss. On the National Stock Exchange (NSE), 1,092 stocks...

Read More



IANS 30 November 2021
The Supreme Court on Tuesday stayed the Uttar Police notice restraining Yes Bank from transferring and exercising voting rights on its Dish TV shares.   A bench headed by Justice D.Y. Chandrachud remarked how could the police restrain someone from transferring shares and also not...

Read More



IANS 30 November 2021
Brokerage house JM Financial has given a ‘sell call for One97 Communications-owned Paytm, with a target price of Rs 1,240.   "Paytm faces stiff challenges in its customer acquisition engine, which would slow down its revenue growth in the core payments business while scaling up of its...

Read More



IANS 30 November 2021
Life Insurance Corporation (LIC) has received approval from the Reserve Bank of India (RBI) to increase its stake in the Kotak Mahindra Bank.   The approval is to raise LIC's stake in the bank up to 9.99 per cent from the current 4.96 per cent it has in the private...

Read More



Moneylife Digital Team 29 November 2021
On Monday, the indices opened marginally higher and ended with gain. On the National Stock Exchange (NSE), 445 stocks advanced, 1,599 declined and 53 remained unchanged with advance decline ratio of 0.28, indicating major weakness in broader markets.   The trend of the major indices...

Read More



Moneylife Digital Team 29 November 2021
Star Health and Allied Insurance Company Ltd (Star) is the largest private health insurer in India with a share of about 16% of the Indian health insurance market in FY20-21. It commenced operations in 2006 and its business interests span health insurance products, overseas mediclaim products...

Read More



Moneylife Digital Team 29 November 2021
While investment in mutual funds (MF) is considered to be relatively safe or less risky than directly investing in equity, people who earn Rs1 crore to Rs5 crore turned out to be the most significant contributors with a 31% share in total assets under management (AUM) of mutual fund companies...

Read More



Moneylife Digital Team 29 November 2021
While lenders harass individual or small borrowers to the point of even releasing the borrowers’ photos to the press for publishing them, it appears that big corporate defaulters are bestowed with immunity from such humiliation. They are a protected species. In fact, Reserve Bank of India...

Read More

Free Helpline
Legal Credit
Feedback