Category: Economy

Analyst firms bullish on ITC, revises target price to Rs 565, citing strong long-term upside potential

New Delhi, July 27 (SocialNews.XYZ) Post the ITC demerger announcement, despite the immediate drop in share price several analyst firms…

1 year ago

Jio Financial Services, BlackRock agree to form joint venture to enter India’s asset management industry

New Delhi, July 26 (SocialNews.XYZ) Jio Financial Services Limited (JFS) and BlackRock on Wednesday announced an agreement to form Jio…

1 year ago

Indian markets consolidating with sector rotation as dominant theme

New Delhi, July 26 (SocialNews.XYZ) Indian markets remained flat for the week and continued their consolidation with sector rotation being…

1 year ago

Buying in heavyweights boosts Nifty

New Delhi, July 26 (SocialNews.XYZ) Nifty closed in positive territory led by buying in select heavyweights, Siddhartha Khemka, Head -…

1 year ago

Bajaj Finance logs standalone PAT Rs 2,959 cr for Q1

Chennai, July 26 (SocialNews.XYZ) Non-banking finance company Bajaj Finance Ltd on Wednesday said it has logged Rs 2,959.06 crore net…

1 year ago

Confidant of 100% sowing following good rainfall in K’taka: CM Siddaramaiah

Bengaluru, July 26 (SocialNews.XYZ) Karnataka Chief Minister Siddaramaiah said on Wednesday that he was confident of farmers carrying out 100…

1 year ago

Tata Motors DVR up 13% in trade

New Delhi, July 26 (SocialNews.XYZ) Tata Motors DVR is up more than 13 per cent in trade after the announcement…

1 year ago

Assam’s Namrup fertiliser plant will not be closed: Union Minister

New Delhi, July 26 (SocialNews.XYZ) Amid reports that the Brahmaputra Valley Fertilizer Corporation Limited's (BVFCL) plant in Assam's Namrup town…

1 year ago

Tata Motors remains only major listed company with ‘A’ ordinary shares

New Delhi, July 25 (SocialNews.XYZ) Tata Motors remains the only major listed company with "A" ordinary share capital. In 2008,…

1 year ago

Can Fin Homes employees in Ambala branch commit Rs 38cr fraud

New Delhi, July 25 (SocialNews.XYZ) The internal team of Can Fin Homes has found that employees of Ambala branch of…

1 year ago

RIL partners with Brookfield Infra, Digital Realty for India data centre business

New Delhi, July 24 (SocialNews.XYZ) Reliance Industries Limited (RIL) on Monday announced entering into an agreement to invest alongside Brookfield Infrastructure…

1 year ago

Power Finance Corporation shares hit 52-week high

New Delhi, July 24 (SocialNews.XYZ) At Rs 244 per share, Power Finance Corporation Ltd has achieved its 52-week high. Rs 101…

1 year ago

RIL has industry-leading capabilities to drive robust 14-15% EPS CAGR over next 3-5 years

New Delhi, July 24 (SocialNews.XYZ) JM Financial has reiterated that buy on Reliance Industries Limited with a target price of Rs…

1 year ago

Demerger of ITC’s hotels business positive as it allays concerns about capital allocation

New Delhi, July 24 (SocialNews.XYZ) Demerger of ITC's hotels business is a positive move because it should allay concerns about capital…

1 year ago

Earnings upgrade led by domestic cyclicals, downgrades driven by defensives, commodities

New Delhi, July 24 (SocialNews.XYZ) Earnings upgrade in the last one year are emanating from domestic cyclicals, internet stocks while the…

1 year ago

Coffee Day shares down 19% after subsidiary admitted for insolvency by NCLT

New Delhi, July 24 (SocialNews.XYZ) The National Company Law Tribunal (NCLT), Bengaluru bench, has admitted an application for insolvency resolution against…

1 year ago

ITC Board accords in-principle approval to demerge hotels business into a new entity

New Delhi, July 24 (SocialNews.XYZ) The Board of Directors of ITC Limited on Monday evaluated and discussed various alternative structures…

1 year ago

Investors to focus on US Fed commentary in upcoming week

New Delhi, July 23 (SocialNews.XYZ) The Nifty faced a downturn from its all-time high as Tech stocks plummeted due to…

1 year ago

US-based IT firm to provide jobs to 200 people in Kerala

Thiruvananthapuram, July 23 (SocialNews.XYZ) A US-based IT company that set up its office in Kerala will start its operations from…

1 year ago

Only 0.8% electric vehicles in country out of 34 crore vehicles registered

New Delhi, July 23 (SocialNews.XYZ) Electric vehicles constitute a miniscule 0.8 per cent of the total number of vehicles registered in…

1 year ago



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