For airline companies, there is no help coming from the government. Smaller airlines such as SpiceJet are under far greater pressure with almost no cash to speak of before the lock ... Read more
Maruti posted a weak March quarter performance, hit by COVID-19 pandemic and the lockdown. Sales and profits fell. Recovery is likely to take a few quarters, say analysts. Still, t ... Read more
Initially, the Indian stock markets were excited about the Rs20 trillion economic package. In fact, the pre-opening rates had suggested a 5% jump in the markets. However, markets r ... Read more
ICICI Bank shares have gained since the lockdown to prevent the spread of covid-19 pandemic was announced on 24 March. Much of this optimism is now being put to test with its March ... Read more
In December 2018, Hindustan Unilever (HUL) announced the acquisition of GSK Consumer. As part of the deal, in May 2020, GSK Consumer’s parent company disposed off HUL shares and th ... Read more
UPL Ltd's stock gained 28% in April, almost double the rise in the benchmark Nifty index. The stock recovered after UPL’s management reassured investors on business operations and ... Read more
Reliance Industries Ltd has announced another stake sale in its digital services subsidiary, Jio Platforms Ltd. Private equity firm Silver Lake will invest ₹5,655 crore in Jio Plat ... Read more
Shares of Reliance Industries have appreciated by more than 60% from its lows in end March. A key reason for the optimism is Reliance’s deal with Facebook, which was announced last ... Read more
Shares of Reliance Industries Ltd are now below the level seen before its last Annual General Meeting (AGM) on 12 August 2019. No doubt, valuations have turned attractive with the ... Read more
The global coronavirus epidemic has sent shivers down the global markets while Indian markets were no exception. The outbreak led to a sharp correction in the global and Indian mar ... Read more
