Sovereign wealth funds, pension players leave other FPIs blinking

Long-term players have been raising their bets on India. Illustration: Dominic Xavier/Rediff Entities controlled by governments — sovereign wealth funds, and pension funds — have recorded higher growth in equity assets under custody compared to other foreign portfolio investors (FPIs)

Maruti Suzuki India burns rubber, leaves key rivals in its rearview

Automotive (auto) stocks have been among the best performers in the BSE 200 index in recent months. Photograph: Maruti Victoris/ Somnath Chatterjee More than half of the top 15 gainers over the past one, two, and three months have come

Moody’s downgrades Tata Motors’ outlook over JLR incident

Moody’s Ratings on Monday downgraded Tata Motors’ outlook to negative from positive following a cyber attack on its British arm Jaguar Land Rover which has led to a complete production halt. Photograph: Rajesh Karkera/Rediff The rating agency affirmed the Mumbai-based

Industrial output grows 4% in August

India’s industrial production grew at 4 per cent in August, mainly due to better performance by the mining sector, according to government data released on Monday. Photograph: Amit Dave/Reuters The Index of Industrial Production (IIP) growth rate for July has

Tylenol row may not hit India’s pharma exports

Amid controversy over US Pre­sident Donald Trump’s comm­ents linking the use of Tylenol and other related paracetamol products by pregnant women to autism in children, experts and industry executives say that since India’s export of the drug to the US is

Jaguar Land Rover gets UK govt loan guarantee after cyber-attack

The UK government on Sunday announced that it will support “iconic British brand” Jaguar Land Rover (JLR) with a loan guarantee of up to 1.5 billion pounds to give certainty to the Tata Motors owned carmaker’s supply chain following a

Gold, silver may extend rally this week

Gold and silver prices are expected to maintain their upward trajectory this week, but may see late profit-booking amid the release of a series of crucial global economic indicators, analysts said. Photograph: Lisi Niesner/Reuters On the economic front, traders will

Factors that will drive the markets this week

Stock markets will be driven by RBI’s interest rate decision, tariff-related developments, global trends and trading activity of foreign investors in this holiday-shortened week, analysts said. Illustration: Uttam Ghosh Macroeconomic data announcements, such as industrial production and HSBC PMI manufacturing

US tariffs: Only Sun Pharma exposed to some headline risk

The imposition of a 100 per cent tariff by the US on imports of branded and patented pharmaceutical products starting October 1 may not significantly hurt Indian drug makers, with Sun Pharma being exposed to some headline risk but with

Oil India discovers natural gas in Andaman shallow offshore block

Oil India has discovered natural gas reserves off the Andaman Islands, the state-owned firm said without putting an estimate of the size of the find. Photograph: Amit Dave/Reuters In a statement, OIL said “occurrence of natural gas” was reported in