Steadview funding values Nykaa at $1.2 billion
The funding includes the sale of shares by some existing investors and employees of Nykaa, whi...
People are protesting to remind govt of constitutional values: Rohit De, professor of history, Yale University
The protestors are saying that...
Attractive value bets available in every pocket of the market: Sailesh Raj Bhan
Retail investors are far more resilient than before, says Deputy CIO at Nippon India Mutual Fund.
Madhusudan Kela’s three deep value ideas for this market
Dig a little deeper and you would find a lot of attractive stocks, says the market veteran.
Sell TVs Motor, fair value Rs 240: Kotak Institutional Equities
The premium valuation multiple for TVS is not justified as it is unlikely to grow at a faster pace than Hero or Bajaj, the brokerage said.
15th Finance Commission constitutes committee to review fiscal consolidation roadmap
The committee, to be headed by chairman of the FC, NK Singh, will recommend a debt and fiscal consolidation roadmap for FY21-FY25 for the central government, overall states and general government and attempt building up scenarios for public sector enterprises. The general government consists of central, state and local governments and the social security funds controlled by them.
People valued soldiers in fight against coronavirus: PM
"Each of you is a valued soldier in this battle against COVID-19. Your being alert and cautious can help lakhs of other lives," he wrote on Twitter, sharing videos of people having meal at home. He also pitched for use of digital payments to prevent the spread of the virus. "This is the time to ensure social distancing. Digital payments help you do that," he said.
Seventh Delhi Legislative Assembly constituted
Earlier in the day, Delhi's Chief Electoral Officer Ranbir Singh along with EC's senior principal secretary K F Wilfred met Lt Governor Anil Baijal to hand over the list of the newly-elected MLAs. The BJP has won eight seats and is the second party to have representations in the Delhi Assembly.
Buy Axis Bank, fair value Rs 620: Kotak Institutional Equities
The brokerage has revised its fair value to Rs 620 from Rs 740, cutting estimates by around 20-25 per cent to address its concerns.
Kamal Nath has no constitutional right to remain as MP CM: Shivraj Chouhan
BJP leader and former MP CM, Shivraj Singh Chouhan said that after the resignation of the 22 MLAs Kamal Nath government has lost the majorit...
Value investors going through a rough patch but value investing is not dead: Srinivas Rao Ravuri
A bumper rabi crop will lift investor sentiments, says the CIO Equities, PGIM India MF.
Buy Thermax, fair value Rs 870: Kotak Institutional Equities
the brokerage takes comfort from the company's large cash position and commitment to prioritise cash over revenues.
People in power trying to circumvent values of Constitution:Priyanka Gandhi
The government is celebrating 'Constitution Day' or 'Samvidhan Diwas' on Tuesday in the Central Hall of Parliament to mark the 70th anniversary of adoption of the Constitution by the constituent assembly. The Congress leader said that on Constitution Day, people should take an oath to stand by tenets enshrined in the Constitution to take on money and muscle power.
After the UT tag, Ladakh residents seek constitutional safeguards
People in the newly-formed Union Territory of Ladakh are demanding constitutional safeguards and strengthening of the already existing Hill Councils in Leh and Kargil, to ensure protection of the identity, land, jobs and culture of this region.
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