Nuvama Institutional Equities has reaffirmed its ‘Buy’ rating on Inox Wind, a leading wind energy player and peer of Suzlon Energy, while lowering the 12-month target price from ₹236 to ₹190 per share. The revised target still implies a potential
India’s 25 venture capital and private equity backed “new-age” companies, that listed between May 2020 and June 2025, reveals a sobering reality behind the hype: barely a third have delivered sustained outperformance against the market. Illustration: Dominic Xavier/Rediff According to
It has charted an ambitious target. Japanese premium sports goods giant Asics — which sells 75 per cent of its shoes in the country at over Rs 12,000 a pair — wants to be the No. 1 running shoe player
The Securities and Exchange Board of India (Sebi) has barred Dewan Housing Finance Corporation Ltd’s (DHFL) former promoters Kapil and Dheeraj Wadhawan for five years from the securities market for alleged diversion of funds. Photograph: Francis Mascarenhas/Reuters They have also
Passenger vehicle dispatches from companies to dealers in the domestic market declined marginally year-on-year in July, hit by muted demand, industry body SIAM said on Thursday. Photograph: Karen Toro/Reuters Passenger vehicle dispatches declined to 340,772 units in July, compared to
Sensex Today | Stock Market Highlights: On Thursday, the market ended flat but with a positive bias, supported by select financials while weakness in midcaps kept the market breadth in favour of declines. The Sensex added 58 points to close
Indian benchmark indices, Sensex and Nifty 50, gained on Thursday, mirroring positive cues from global markets. However, gains were limited as investors remained cautious ahead of the scheduled Russia-U.S. talks on the Ukraine conflict, keeping sentiment subdued in the holiday-shortened
Ola Electric is likely to announce its foray into the sports scooter segment on August 15 as part of its plans to expand its product portfolio, according to sources. Image used for representation purpose only. Photograph: Courtesy, Ola Electric The company
Stock markets rebounded on Wednesday with benchmark Sensex closing higher by 304 points on buying in metal, auto and pharma shares as steady US inflation data propelled a sharp rally in global markets. Photograph: Courtesy, Ola Electric The 30-share BSE
The RBI will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, reducing the current time period of up to two working days. Photograph: Francis Mascarenhas/Reuters Cheques will be scanned, presented,
