With time running out for Tata Sons to meet the mandatory public listing deadline, the Reserve Bank of India (RBI) is yet to decide on the conglomerate’s application to surrender its status as a core investment company (CIC). This move, initiated in March, was aimed at exempting Tata Sons from listing obligations under the RBI’s
NTPC Green Energy launched its IPO on November 19. It has received reasonable interest from retail investors and the issue has been fully booked within the first few hours of Day 1. The energy companies have been in focus of D-Street. Most of the energy companies that were listed recently, received massive bidding from investors
Gold has always been a preferred investment avenue as it holds cultural and financial significance in India. Recently, gold prices have started to decline, attracting investors’ attention. The fall in prices raises an important question—should you buy now or wait? Gold prices depend on various factors. Global economic trends, interest rates, and currency movements play
The Employees’ State Insurance Corporation (ESIC) has reported a significant increase in new enrolments for the month of September 2024, with 20.58 lakh new workers joining the ESI Scheme. This marks a 9% year-on-year growth, highlighting the scheme’s expanding reach and social security coverage for workers across India. In September 2024, the total number of
Over the past two days, gold prices surged by Rs 1,480 per 10 grams, while silver saw an increase of Rs 2,700 per kilogram, reflecting a strong rebound. This marks a positive shift after both metals ended their recent losing streak. On Tuesday, gold and silver futures settled on a positive note both domestically and
Leveraging the growing tourism boom, the Tata Group-controlled Indian Hotels Company (IHCL) is set to double its hotel inventory, launch new brands, and invest Rs 5,000 crore over the next five years. IHCL currently controls 12-13% of the branded hotel room inventory in the country, a figure expected to rise to 23% by 2030. From
RMZ, a privately-owned global alternative asset firm, through its arm RMZ Digital Infrastructure Partners (RDIP), has formed a joint venture with Colt Data Centre Services (Colt DCS), a global hyperscale data centre operator, to enter the digital infrastructure market. The two companies will invest $1.7 billion to expand Colt’s data centre capacity. The initial focus
As many as 74% of corporates expected the government to adopt the SAF-T (standard audit file for tax) system for “near real-time reporting and compliance monitoring” to ensure uniformity with international standards and move towards a more efficient and faster audit process, a survey by Deloitte showed. Also ReadBirla Opus Paints unveils its 4th factory
US President Donald Trump’s tariffs on its key trade partners like Canada, China, Mexico, India and others have brought in a sense of uncertainty across trade corridors globally. Especially, in the metal sector, this uncertainty has been weighing on investor sentiment. However, four stocks have delivered positive returns in 2025 despite all the negative newsflow
The Indian equity markets have been on a downtrend since they entered 2025. The brokerage house Kotak Institutional Equities has given a ‘Sell’ call on three stocks at this hour. Kotak Institutional Equities on IndusInd Bank: Cuts target price by 40% India’s fifth biggest lender is in deep soup. The negative news is blowing apart
With Bharti Airtel and Reliance Jio forming strategic partnerships with Starlink, the Telecom Regulatory Authority of India (Trai) is now expected to expedite its recommendations on satellite spectrum pricing. Sources said that the regulator will likely recommend that satellite companies initially focus on providing services in mobile dark areas — regions where terrestrial networks are
PSU (Public Sector Undertaking) stocks are shares of government-owned companies operating in key sectors like banking, oil & gas, power, infrastructure, and defense, contributing significantly to economic development. A high dividend yield indicates a stock offering substantial dividend payouts relative to its price. PSU stocks are known for their stability, strong government backing, and attractive
JSW Energy on Thursday said that it has signed a power purchase agreement with West Bengal State Electricity Distribution Company (WBSEDCL) for a greenfield 1,600 MW super/ultra super critical thermal power plant. Additionally, for Utkal thermal power plant (700 MW), the company has received commercial operation date (CoD) certificate for Unit 2. ALSO READPower ministry
