Reliance Jio has raised strong objections to the telecom bailout planned by the government; calling it contempt of Supreme Court order. A week after the Supreme Court had ordered telecom majors to shell out Rs.92,000 crore towards AGC charges, Reliance Read more [...]

Markets sustained higher levels for the fifth day in succession making it one of the most productive Muhurat weeks in recent times. Of course, the F&O expiry volatility did result in the indices losing value from higher levels towards close. Read more [...]

SEBI finally announced a move that was long overdue by tightening the framework for listed banks on the subject of bad loan disclosures. In a significant move, SEBI directed all listed banks to disclose any divergence in bad loan provisioning within 24 Read more [...]

On Wednesday, the Sensex scaled the 40,000 mark but the Nifty stopped short of the 12,000 mark. That could be the next target this week and that would underline that the breakout above the levels is real and credible. The Fed rate cut should work Read more [...]

The benchmark Sensex scaled the 40,000 mark for the third time in six months even as global Indices wary ahead of Fed announcement. After a gap of nearly 4 months, the Sensex once again scaled the 40,000 mark on the back of hopes that the government may Read more [...]

Hopes of a cut in capital gains tax on equities and expectations of a review of the dividend distribution tax spurred the stock market higher as the Sensex gained nearly 800 points in a span of just 2 trading sessions since Muhurat trading. Steel Read more [...]

A few days after the controversial SC order on telecom penalties, the government formed a panel to address the woes of the Indian telecom industry. In the last few days telecom stocks like Bharti Airtel and Vodafone Idea took deep cuts after the Supreme Read more [...]

There may be some good news for Air India as the government mulls easier FDI norms to attract buyers for Air India. Currently 100% FDI is not permitted in the airline flying business although 100% FDI is already permitted in the case of ground handling Read more [...]