Corona Remedies GMP in focus: Pharmaceutical firm Corona Remedies, whose IPO garnered massive investor interest during its three-day bidding period, with subscription crossing over 144 times, is set to debut on the bourses on Monday, December 15. Ahead of the
‘I don’t think we should ever negotiate with deadlines or hard stops because we tend to make mistakes then.’ IMAGE: Union Commerce and Industry Minister Piyush Goyal meets Italy’s Deputy Prime Minister and Foreign Minister Antonio Tajani in Mumbai, December
Equity mutual funds attracted Rs 29,911 crore in November, marking a 21 per cent increase from the preceding month, according to data released by industry body Amfi on Thursday. Illustration: Dominic Xavier/Rediff This rise in inflows comes after three consecutive
The rupee plunged 38 paise to close at an all-time low of 90.32 against the US dollar on Thursday amid uncertainty over the India-US trade deal. Illustration: Dominic Xavier/Rediff Forex traders said the rupee is expected to trade with a
Benchmark stock indices Sensex and Nifty rebounded on Thursday, cutting short a three-day falling streak following buying in auto and metal stocks and a rate cut by the US Federal Reserve. Photograph: Shailesh Andrade/Reuters Rebounding from its early lows, the
Honasa Consumer Limited announced on Thursday (December 11) that it will acquire a 95% stake in BTM Ventures Pvt Ltd, the parent company behind men’s personal care brand Reginald Men, via a secondary purchase at an enterprise value of ₹195
Stock market news: Indian brokerage firm, Motilal Oswal Financial Services (MOSL), in its recent 30th Annual Wealth Creation Study report, shed light on the top 10 stocks which have delivered the fastest returns over the last five years, from 2020
Retail investors are moving away from a buy-and-hold approach and towards more informed short-term positioning, recent investment patterns show. Illustration: Dominic Xavier/Rediff Over the past two months — a period of sharp rebound in Indian equities — retail investors have
Benchmark stock indices Sensex and Nifty declined for the third straight day on Wednesday to close at a nearly month’s low, dragged by a last-hour selloff in consumer durables, private banks and IT shares. Photograph: Danish Siddiqui/Reuters In a volatile
While GST on ICE vehicles was brought down significantly, for electric cars it remained at 5 per cent. Photograph: Bhawika Chhabra/Reuters The goods and services tax (GST) reforms clearly tilted the scales in favour of internal combustion engine (ICE) cars
