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Four reasons why midcaps and small caps are falling today

Not a pretty Monday to start March with for the Midcaps and the smallcaps as the key indices continue to be under severe selling pressure. In fact, the BSE Smallcap Index is down over 1300 points while the BSE Midcap slumped close to 800 points within the first three hours of trade. This is after

Stocks To Watch: ACME Solar, Adani Group, Paytm, and others

The stock market is buzzing with action. If you’re confused about which stocks to keep an eye on, especially after the big rout in February, here is handy list of stocks in news! Here is an overview of stock-related news to consider as you begin your trading day. You can keep a hawk’s eye on

Last chance to save on taxes! Maximise insurance tax benefits before March 31

Insurance is not just an agreement on paper but a shield for the financial security during the worst of times. When you buy life insurance, it ensures that if something happens to you, your family does not have to face financial difficulties. On the other hand, health insurance protects your savings by taking care of

Large-Cap Funds: 28 of 33 fail to deliver even 5% returns in 1 year! Check 10 worst-performing schemes

There is a common perception about mutual funds that large-cap funds are safe and do not fluctuate much. But recent figures tell a different story. Investors often think that investing money in blue-chip companies will always be profitable, but the reality is that even big stocks are not untouched by market fluctuations. According to data

Reliance Industries unit risks being fined up to Rs 125 crore; Know why

Reliance Industries unit, according to a report by Bloomberg, is under risk of being penalised after failing to set up a battery cell plant that formed part of Prime Minister Narendra Modi’s push to cut import dependence. According to the report that cited people familiar with the matter, Reliance New Energy, among companies that won

Special company cells to boost internship uptake

The ministry of corporate affairs has asked the top companies participating in the PM internship scheme (PMIS) to set up dedicated PMIS cells within their organisations, an official told FE. The move follows a lukewarm response to the first round of the scheme’s ongoing pilot phase.  “With in-house cells in place, these companies can better

Reliance Industries slides 3.6%. Here’s why…

Reliance Industries’ share price declined 3.6% to an intra-day low of Rs 1,156 on the National Stock Exchange after a unit of it is expected to be slapped with a fine of Rs 125 crore.  A subsidiary of Reliance Industries faces the possibility of penalties for not establishing a battery cell factory that was integral

Bombay HC to hear appeal by SEBI, BSE on FIR booked against Madhabi Puri Buch, 5 others tomorrow

The Bombay High Court consented on March 03 to provide an expedited hearing for the appeals made by SEBI and BSE regarding the FIR ruling in the Cals Refineries matter. The High Court provided verbal instructions to prevent the registration of an FIR until the pleas are heard on March 4, according to a report

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Domino’s reduces delivery time to 10 minutes

Domino’s and Swiggy’s quick food delivery arm Bolt announced a partnership on Monday, saying that the brand’s pizzas would now be available in 10 minutes. This makes Domino’s the first pizza brand in the country to promise such a rapid delivery.  In a statement, Swiggy said, “With this partnership, Domino’s menu items will be available

Foxconn’s industrial PC unit makes India foray

Ennoconn Corp, a Taiwan-based Industrial IoT and hardware manufacturer and a Foxconn subsidiary, has started its India operations, focussing on the country’s industrial automation and digital transformation market.  “Ennoconn has already registered a company in Tamil Nadu with plans to bring their products to the Indian market,” a source aware of the development told FE.

CCD parent cuts store count amid debt woes

Coffee Day Enterprises (CDEL), which owns the Cafe Coffee Day (CCD) chain, has cut its store count by 3% in the December quarter (Q3FY25) versus last year, as it seeks to manage its debt obligations, its latest financial statements show. At its peak in FY19, CCD operated 1,752 stores. It now has 439 stores (Q3)

FDI drops by 6% in December quarter

Equity inflows through the foreign direct investment (FDI) route declined 6% year-on-year to $10.8 billion in the October-December quarter, as global uncertainties persisted. The data show that the recent years’ declining trend in FDI inflows and the rising levels of repatriation and disinvestment haven’t been arrested yet.  ALSO READGovernment unlikely to intervene in market decline

Are markets close to a bottom or will the pain continue? Raamdeo Agrawal says….

The markets have been testing people’s patience for the past few months. The correction has now extended for 5 months and the question that’s on everyone’s mind is when will this end? In an interview to CNBC-TV18, market veteran Raamdeo Agrawal of Motilal Oswal said that the “market may be close to a bottom but