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In November last year, the Reserve Bank of India had sent the company to debt resolution after it defaulted on its loans worth Rs 24,000 crore
The move will help simplify the company's financial reporting requirements and reduce administrative costs, it said
This is part of the larger strategy to strengthen presence in the premium segment where rival Bajaj Auto and Royal Enfield have a stronghold and in which even TVS Motor Co is making rapid strides in
Lenders to Reliance Capital Ltd on Wednesday granted the fifth extension of deadline for submission of resolution plans as bidders sought more time to complete the due diligence process, sources said.
Despite the stellar run in 2021 that saw most global equity markets record healthy gains, we remain bullish on equities for 2022, says Nishant Srivastava
Gains in some of the stocks in these two segments have been phenomenal. Shares of Brightcom Group, for instance, zoomed over 2,500 per cent in 2021
Reliance New Energy Solar will acquire the shares for over Rs 1,840 crore
In a Q&A, Lav Chaturvedi says the market is still predicting that the impact of the second wave of Covid-19 cases will not be as severe as last year
Trades through mobiles accounted for a fourth of transactions on NSE in July
Half a dozen PSU stocks have gained over 15% each
They are spending Rs 2,000 per head to attract customers
Front running is a term used to describe a broker, or any other entity, carrying out trades based on foreknowledge of a big transaction to be placed
The move is prompted by the steep impairment loss reported by the consolidated entity as SsangYong Motor (SYMC), its Korean subsidiary, and Genzee, its two-wheeler entity in the US, turned in losses.
Despite the lockdown impacting volumes, lower costs drove earnings and beat expectations
Coromandel International, PI Industries may be some of the beneficiaries
Naveen Kulkarni, head of research at Reliance Securities, shares his views on the current state of stock market, its outlook, and top stocks and sectors he is overweight on in this special podcast
While we expect a 25 basis point rate cut from the RBI's June 2019 policy meeting, we will be looking forward to the central bank's commentary on GDP for FY20, he said.
India still presents one of the best long-term growth prospects with enough quality stocks across the board
The company expects over 30% of its broking business to come from mobile trading platforms
The company will launch its mobile application 'Tick' by March end