Prashant Jain-led HDFC MF exiting top performers, lapping up laggards
The fund house added 10 to 42 lakh additional shares of these companies during the month.
Nippon India MF narrows valuation gap with HDFC AMC post correction
Both AMC stocks declined in the past two weeks as inflows into equity hav...
Edelweiss maintains buy on Reliance Industries, raises target to Rs 1,844
The brokerage estimates that the share of digital business to conso...
Reliance Securities maintains buy on Aarti Industries, target price Rs 929
The brokerage expects healthy earnings CAGR of 22% over FY19-21.
Diagnostic cos fall on Reliance Life’s proposed entry
On Monday, these three stocks fell between 1 per cent and 3 per cent.
Trai may revisit decision not to regulate tariffs: RS Sharma
Highlighting the change in the stance of the telcos, the Trai chairman said in 2017, when the operators were consulted, “all of them came to the conclusion that floor price is a bad idea, so regulatory intervention is not required.”
Reliance's ROCE may rise to 11% in 2 years: Morgan Stanley
Over the past decade, RIL's post-tax ROCE (return on capital employed) has been around 7-8 per cent.
Government may impose anti-dumping duty on a chemical from five countries
The ministry's investigation arm DGTR has initiated the probe into an alleged dumping of “Mono Ethylene Glycol” originating in or exported from Kuwait, Oman, Saudi Arabia, UAE and Singapore, following a complaint from a domestic company.
Oil consumption growing; investors not worried about EV, shale gas substituting oil: Vikas Halan, Moody’s
Halan assesses financial health of upstream cos like ONGC, asset sales and Saudi Aramco's listing.
RIL arm picks up majority stake in NowFloats for Rs 142 crore
The stake purchase is aimed at strengthening the group's digital and new commerce initiatives.
SIP collections hit all-time high, equity MF inflows at 41-month low
Fall in equity mutual fund inflows could be due to profit booking as indices trade at record levels, say experts.
Amid gloom over PSU pack, this stock has just stepped on the gas
The pack of PSU stocks has remained largely depressed amid a crippling slowdown.
Equity MF investments plunge 78%, SIP inflows hit all-time high in Nov
Net inflows into equity mutual fund schemes tanked to Rs 1,311 crore in November.
Companies can recover full exploration cost from new discoveries only: Oil Ministry
At the end of the exploration period, they retain the area needed to develop the discoveries and get a mining lease for that. The rest of the land is relinquished to the govt. After the finds begin to generate revenue, the companies recover costs before sharing profit with the govt.
RIL, ADNOC in pact to explore setting up Ethylene Dichloride JV
"Under the terms of the agreement, ADNOC and RIL will evaluate the potential creation of a facility that manufactures ethylene dichloride or EDC adjacent to ADNOC's integrated refining and petrochemical site in Ruwais, Abu Dhabi and strengthen the companies' existing relationship supporting future collaboration in petrochemicals," the companies said in a statement.
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