The SBI Mutual Fund IPO should come much earlier than 2 years At a recent event, the SBI MF CEO announced that the SBI MF would also come out with an IPO in the next two years. The decision is hardly surprising considering the fancy run that stocks like Read more [...]

Bharti and Vodafone would be better off not aggravating the issue The controversy over Adjusted Gross Revenue (AGR) of telecom companies snowballed in the last few weeks. The Supreme Court had passed an order asking the telcos to pay up the pending Rs.92,000 Read more [...]

News Announcement Impact Analysis Devendra Fadnavis sworn in as CM of Maharashtra for the second term The decision to revoke the president’s rule was taken early in the morning and Fadnavis had the support of Ajit Pawar The NCP, Read more [...]

Nifty once again faced resistance at the 12,000 level on Thursday as the weekly options expiry also brought some late volatility into the markets. The Nifty had breached 12,000 for the fourth time during the year. The trade deal continues to be Read more [...]

The level of 12,000 continues to be a major resistance for the Nifty as is it struggled to breach that level on the back of US markets correct on trade deal worries. A day after the US passed a resolution demanding human rights must be protected in Hong Read more [...]

Nifty managed to scale the 12,000 mark on Wednesday and managed to close exactly at that point. The rally in the last 10 days has been largely driven by Reliance and TCS and some participation from Bharti. The likely delay in the trade deal is Read more [...]

Telecom Minister, Ravi Shankar Prasad, denies plans to waive telecom dues post SC Judgement. R S Prasad denied any plans to waive dues although the cabinet approved a 2-year moratorium for telcos. As per the SC order on AGR charges, telecom companies Read more [...]

The sharp rally in the markets in the last hour on Monday was led by telecom stocks after all the 3 players concurred on the tariff hikes from December onwards. RIL touched a market cap of Rs.9.5 trillion, an all time high. Oil prices fell by over Read more [...]