Tata group stocks corrected on Wednesday after the NCLT Appellate Tribunal (NCLAT) ruled in favour of Cyrus Mistry. This pertains to the October 2016 episode when Mistry was sacked from the post of chairman of Tata Sons and Chandrasekharan was brought Read more [...]

The judgment by NCLAT is likely to weigh on Tata Group stocks after it ordered reinstating of Cyrus Mistry. While the Tata Group will seek legal recourse, the uncertainty over leadership issues will remain for over a month. The US House of Representatives Read more [...]

The inter-connect usage charges (IUC), which were to be scrapped effective December 31 this year, has been extended by one more year.  IUC is imposed by the operator in whose network the call lands. The legacy networks like Bharti and Vodafone were the Read more [...]

The imminent trade deal, as affirmed by the US Trade Representative is likely to keep the markets excited on Tuesday. The Dow also scaled new highs even as Chinese data on growth and consumption also turned positive. The weak WPI inflation at 0.58% Read more [...]

The centre has finally released Rs.35,000 crore as state compensation of GST. GST is collected in the form of CGST, IGST and SGST and then the government assigns revenues to the state too. In the last few months, the centre had not transmitted any revenue Read more [...]

A full-fledged trade deal and a stamp of approval from China for the deal is what the markets will be looking for on Monday. A lot of market euphoria has already been built into the indices over the trade truce, which is still uncertain. The early Read more [...]

A week after pointing out an Rs.11,000 crore divergences in the NPA reporting of SBI, the RBI has now pointed to a Rs.2617 crore divergence in Punjab National Bank. Divergence occurs when the NPA reported by the bank for the full year is sharply lower Read more [...]

High inflation and de-growth; India could be staring at stagflation In the last couple of days, we have seen the word “Stagflation” come back to haunt the Indian news headlines. The debate on stagflation has taken off after the inflation for November Read more [...]