Page 4 - Indian Market

Uber may have explored selling Indian arm; company calls the report false

The US company Uber began weighing alternatives and reached out to several interested parties after recognizing it had limited potential for profitable expansion in Indian market.

Sebi's total income increases marginally to Rs 826 crore in FY21

Capital markets regulator Sebi's total income marginally grew to Rs 826 crore in 2020-21, mainly due to increase in earnings from investments and fees. Also, the total expenditure of the regulator rose to Rs 667.2 crore for the year ended March 31, 2021, from Rs 588.14 crore in the previous fiscal, according to the annual accounts of the Securities and Exchange Board of India (Sebi) made public on Monday. The establishment expenses climbed to Rs 437.46 crore during the period under review from Rs 375.69 crore in the preceding fiscal, other administrative expenses increased to Rs 149.22 crore from Rs 147.88 crore and expenditure under depreciation & amortisation category grew to Rs 80.52 crore from Rs 64.55 crore. On the other hand, the regulator's fee income rose to Rs 610.10 crore from Rs 608.26 crore, income from investments widened to Rs 182.21 crore from Rs 170.35 crore and other income increased to Rs 21.5 crore from Rs 18.15 crore. As per the annual accounts, income from ...

LG unveils new OLED TV lineup, including rollable TV, for India market

With the aim to expand its TV lineup in the country, LG Electronics on Tuesday announced the availability of its highly anticipated 2022 OLED TVs in India at a starting price of Rs 89,990.

Investors' wealth tumbles over Rs 7.73 trn in two days amid market collapse

Weakness in global markets, unabated foreign fund outflows and the rupee plunging to its life-time low against the US dollar have weighed on sentiment.

Mkt hasn't adequately factored in risks to growth: Nomura's Saion Mukherjee

If inflation-related issues get more structural and last longer, rates can continue to surprise further on the upside, leading to contraction in valuation multiples: Saion Mukherjee

Trying to make India-specific portfolios, price points: Mars Wrigley CGM

We try not only the traditional ways of distributing but look at various ways of distributing through digital channels, says Parmar

Indian shares inch up as RBI keeps rates steady to support growth

BENGALURU (Reuters) -Indian shares edged higher on Friday after the central bank kept its key lending rate unchanged at a record low, opting to support post-pandemic economy growth despite rising inflation due to the Russia-Ukraine war. The NSE Nifty 50 index was up 0.3% at 17,691, as of 0443 GMT, while the S&P BSE Sensex rose 0.25% to 59,181.17.

Foreign portfolio investors accelerate selling as oil prices shoot up

Further selling could test domestic investors' nerves: Analysts

I'm a patient investor, says ICICI Prudential AMC's Anish Tawakley

Steering clear of mediocre companies, even when available at a discount, has yielded rich dividends for Anish Tawakley

FPIs dump $2.1 bn worth bank shares in Nov, pump $2.7 bn into FMCG stocks

The inflows into the realty sector too could have been subdued if not for Godrej Properties' inclusion in the MSCI index

December expected to be yet another busy month for IPOs

As many as 16 issues cumulatively worth over Rs 22,000 crore are expected to hit the market during the month.

Brokerages are betting on pharma stocks with India focus: Analysts

While domestic growth is pegged at double digits, recovery in the US may take a couple of quarters

Best of BS Opinion: Broadening economic recovery, nurturing horticulture

Here are the best of BS Opinion pieces of the day

Is high price-earnings ratio the new norm for Indian markets?

Ratings downgrades continue to pour in for India as valuations remain exceedingly high. Will this valuation-based correction last? And which stocks are likely to be worst hit? Let's find out.

Chip shortage, supply crunch hit new brands in tough Indian laptop market

When popular smartphone brands like Xiaomi and realme entered the laptop market in India last year, they were expected to shake the existing giants

MARKETS TODAY: Commodities to hog the limelight for a second day

Recovery timeline, subdued margins to keep DMart stock under pressure

Higher competition may lead to market share loss

'You feel numb': India's markets keep rising as traders cope with Covid-19

Booming markets have left industry swamped with work at a time when many employees have been sickened by the virus.

Gold saving funds see Rs 864-crore net inflow in April, shows data

Gold saving funds and gold ETFs have seen net inflows to the tune of Rs 184 crore and Rs 680 crore, respectively, in April

Indian market demand for displays seen at $60 bn in 5 yrs: Report

Indian market demand for 'displays' over the next five years is projected to be cumulative USD 60 billion between 2021 and 2025