Page 3 - Market

Kesoram Industries to raise high-cost funds via FDs; to offer 12.25% rate

To offer 12.25% rate; plans to use proceeds for working capital, pare debt

Invest in NFOs only if it helps in diversifying your portfolio: Experts

Stick to proven fund houses with at least a 5-year track record and see how they performed over market phases

Gold to face headwinds in H2 2022 as dollar continues to dominate

Gold is heading into the second half of the year under increasing pressure, with the dollar more than ever the dominant driver

Adani Enterprises, scarcely tracked by brokerages, set to enter Nifty 50

Coverage may improve as more funds start chasing the stock, say market experts

Wipro Q1FY23 results: A look at the performance in the last four quarters

Ahead of Wipro's Q1FY23 results, data suggests the net income of Wipro saw growth in Q4FY22 and stood at $406.9 million. However, it was lower than the net income in Q1FY22, reported at $434.8 million

Rupee falls below 79/$ as stocks plunge; FII outflows sour market sentiment

Higher US interest rates, upside risks to India's current account deficit, brought about by higher oil prices, have caused the rupee to depreciate 6% vs $ so far in the calendar year

State market borrowings down 23.7% YoY in Q1FY23 on strong cash flows

Icra said a comfortable cash flow position of the state governments was due to a back-ended release of tax devolution to the states in FY2022

15-yr record in IPO filing with Sebi belies market volatility, shows data

This high number of DRHP filing - or intent shown by companies to go public - paints a bullish picture.

Hindustan Unilever to take further price hikes despite volumes taking a hit

Country going through probably the most difficult economic situation, says chairman

Five months on, some mutual funds reopen subscription to global funds

Edelweiss AMC on Monday said it has revoked the temporary suspension in seven of its international offerings with effect from June 21

Long-short funds hold fort, deliver 0.17% returns amid market rout

Long-only funds are down 5.85 per cent on a median basis over the last month, according to data from tracker PMS Bazaar

Nuvoco Vistas surges 30% in 3 days after promoter increases stake

On February 25, 2022, Niyogi Enterprise Private Limited, one of the promoters of Nuvoco Vistas, purchased 68,222 equity shares of the company via market purchase

Biocon arm plans to acquire Viatris' biosimilars assets; stock falls 8%

The companies will also enter into a transition services agreement. Viatris will provide certain transition services, including commercialization services for an expected 2-years

Apollo Hospitals to enter Nifty50 index on March 31; stock surges 7%

Apollo Hospitals Enterprises will replace state-owned oil marketing company Indian Oil Corporation in the index

UPL gains 5% as Board to mull share buyback plan on March 2

In the past one week, the stock of UPL has corrected 13 per cent as compared to 6 per cent decline in the S&P BSE Sensex

TMS Ep113: Semiconductor, railways' budget, market, indigenous OS

Will India become a semiconductor superpower? When will railways' budget come on track? What is IIFL Securities R Venkataraman's take on market trends? Why India wants indigenous OS? All answers here

IndiaMart.com, Delhi's Palika Bazaar figure in 'US Notorious Markets List'

The 2021 Notorious Markets List identified 42 online and 35 physical markets around the world that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy.

Drowning in losses, Delhi traders slam weekend curfew, odd-even rule

Businessmen have urged Delhi LG Anil Baijal to consider removing curbs

Mother Dairy to focus on increasing market share in organised ghee segment

Leading milk supplier Mother Dairy on Monday said it will focus on increasing its market share in the organised ghee segment, having an estimated market size of Rs 40,000 crore, by expanding retail chain distribution five times over the next few years. At present, Mother Dairy sells ghee through 10,000 retail stores in 150 towns. The company plans to expand its presence to 200 towns and 50,000 retail outlets over the next few years, the company said in a statement. Sanjay Sharma, Business Head Dairy Products, Mother Dairy Fruit & Vegetable Pvt Ltd said, "Mother Dairy has stepped-up focus on the ghee category and has plans to outpace the industry growth rate in the next 3 years. Our efforts are aligned towards clocking a growth rate of more than 20 per cent, compared to the industry's growth rate of 13 per cent". The company has plans to strengthen its presence across the ghee consumption markets, including Uttar Pradesh, Maharashtra, and Haryana, along with its home turf ...

S&P 500, Nasdaq extend losses after 'hawkish' Federal Reserve minutes

The Dow Jones Industrial Average fell 94.63 points, or 0.26%, to 36,705.02