Your Daily Digest of Global Stories
The government wants to consolidate public sector units in the steel industry. Under this, the Steel Ministry has proposed the merger of NMDC Limited and KIOCL Limited. A government source said that this proposal was submitted to the Finance Ministry about a month ago. A source said on January 6, ‘The proposal for merger of…
Electronics manufacturing services stocks like Amber Enterprises, Keynes Technology and Dixon Technologies have given strong returns in 2024. Last year the stock of these companies has been between 135% to 180%. Brokerage firm Jefferies is bullish on this sector in 2025. The brokerage firm has named Amber Enterprises as its top pick. Jefferies has estimated…
Shankar Sharma To keep investors’ mind balanced and sound, they have to accept controlled and limited losses. For this we have to understand why uncontrolled losses occur in most of the cases. The reason for this is simple: excessive attachment to a stock and inability to take an aggressive stance on liquidating it. Generally, it…
Market regulator SEBI has asked Mishthan Foods Ltd (MFL) to return nearly Rs 100 crore, which it wrongly raised through group entities and diverted to the company’s promoters and directors. Sebi, in an interim order issued on December 5, has asked the company to return funds worth Rs 49.12 crore from the rights issue and…
Online food and grocery delivery company Swiggy will enter the stock market on November 6. The company intends to raise approximately Rs 11,327.43 crore through IPO. Swiggy’s IPO will consist of 11.54 crore equity shares worth Rs 4,499 crore, while 17.51 crore shares worth Rs 6,828.43 crore will be sold under Offer for Sale (OFS)….
This Diwali season, there has been a lot of change in the performance of cyclical stocks and sectors. These stocks and sectors have given better returns in the last three years. However, the performance of these stocks and sectors has been weak in 2024, whereas generally their performance is good during Diwali. Leaving aside the…
Moneycontrol has now become India’s top digital platform in the world of business, market and finance news, surpassing Economic Times (ET). According to Comscore’s viewership data, Moneycontrol topped the list with 53.16 million unique visitors in September. During this period, Economic Times had 41.37 million unique visitors. The number of unique visitors to Moneycontrol increased…
From 2004 to the fall in 2008, IPOs saw a tremendous boom. After this, this trend was seen again in 2015. Now since last year, the IPO trend has picked up again. In such a situation, various questions are arising in people’s minds regarding IPOs. Generally, people invest in IPOs for the wrong reasons. If…
The use of electric two-wheelers is increasing significantly in India. According to a report by investment banking company Jefferies, the share of electric vehicles in the two-wheeler segment will increase to 13 percent by the financial year 2026-27. In the financial year ending March 2024, the share of electric vehicles in two-wheelers is 5 percent….
The Federal Reserve may cut interest rates for the first time in more than 4 years on September 18. However, policymakers can debate how big a move it can prove to be with less than two months left for the US presidential election. US central bank Federal Reserve Chairman Jerome Powell and several other bank…
