Tag: market news

Turn defensive or buy the dips? Covid leaves investors confused

MUMBAI: Monday’s panic selling in the domestic equity market and weakness seen thereafter following stricter lockdown measures in Maharashtra, India’s richest state, and in some...

Dalal Street may remain laal as investors wake up to a new risk

NEW DELHI: If analysts were to believe, the market selloff that wiped 500 points off Nifty in a single session in Friday’s trade may extend...

Yes Bank FPO subscription status: YES Bank FPO barely crosses the halfway mark on Day 3: Will it sail?

NEW DELHI: YES Bank‘s Rs 15,000 crore follow-on public offer saw 52 per cent subscription by midday of Day 3, the last day of the...

Sebi notifies segregation of investment adviser, distributor roles

Mumbai: The Securities and Exchange Board of India (Sebi) on Friday notified the segregation of advisory and distribution activities at client level to avoid conflict...

KKR to buy JB Chemicals & Pharma in $500 million deal

Mumbai: KKR & Co. Inc. has agreed to acquire about 54% stake in Mumbai based drug manufacturer JB Chemicals and Pharmaceuticals, one of the oldest...

Tata Steel posts Rs 1,096 crore Q4 net loss: Key takeaways

Mumbai: Steel maker Tata Steel swung to a net loss in the quarter ended March on Monday, compared to a net profit in the same...

Trade setup: Nifty seems to be in a dicey state, may halt recent trend

Friday’s session on Dalal Street saw rangebound trade, as Nifty oscillated in a 100-point range throughout before ending with gains for yet another day. The...

Firms line up to IPO in Hong Kong after Asia’s biggest week for listings

By Julia Fioretti Companies are lining up to list in Hong Kong as a dry spell for initial public offerings comes to an abrupt end...

KKR to hire TPG veteran Gaurav Trehan to head India PE biz

Mumbai: After a 16 year stint, Gaurav Trehan, Partner, TPG Capital is leaving the buyout group to head the India private equity business at KKR,...

Sebi advises Franklin Templeton MF to focus on returning investors’ money

Mumbai: The Securities and Exchange Board of India (Sebi) said late on Thursday it has advised Franklin Templeton Mutual Fund (FT) to focus on returning...

debt funds: Amid India’s debt fund distress, veteran calls for GenNext reforms

Ever since Franklin Templeton Mutual Fund dropped the bombshell by announcing shutdown of six credit fund schemes, which led to the freezing of Rs 30,000...

How Franklin Templeton MF shot in the foot & put Rs 30,000 crore investor wealth at risk

Franklin Templeton India’s move to freeze nearly Rs 31,000 crore worth of assets amid “significant reduction in liquidity and higher redemptions” has laid bare the...

TLTRO: Economists hail RBI steps, say TLTRO 2.0 a much-needed move

Mumbai: Analysts welcomed the Reserve Bank of India’s (RBI) move to support the markets and businesses, and especially applauded TLTRO 2.0 — the second round...