📰 Latest Economy & Stock Market News
IndusInd Bank acquires 4.79% stake in McLeod Russel by invoking pledged shares
Updated at : 2021-09-30 01:20:01

"We wish to inform that the bank had yesterday, i.e., September 28, 2021, pursuant to invocation of pledge of shares, acquired 50,00,000 equity shares of McLeod Russel India Ltd," IndusInd Bank said in a regulatory filing.

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Kayak Investments pares stake in Max Healthcare; sells shares worth Rs 2,956cr
Updated at : 2021-09-30 01:20:01

According to bulk deal data available with the National Stock Exchange (NSE), Kayak Investments, an affiliate of private equity major KKR, offloaded 8.44 crore shares of Max Healthcare.

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IRFC reports Rs 4,416 crore net profit for FY21
Updated at : 2021-09-30 01:20:01

The company has declared an interim dividend of Rs 1,372.19 crore which works out to 31.07 per cent of profit after tax (PAT) for the financial year 2020-21.

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Today’s associates look at much more than salaries: Shantanu Jha, Cognizant India
Updated at : 2021-09-30 00:20:01

There are many things which associates are looking for; career growth. Are they able to up skill themselves? Are they able to migrate between technology or functional areas? Are they able to get deeper expertise or not?​

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Two major block deals worth Rs 6,017 crore were executed on Wednesday
Updated at : 2021-09-30 00:20:01

Standard Life, which held a 21.23 per cent stake in HDFC AMC, sold 5 per cent of total equity at Rs 2873.79 per share on BSE to raise Rs 3,061 crore.

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Acuite Ratings joins hands with United Nations for ESG in a first
Updated at : 2021-09-30 00:20:01

It will act as a signatory to PRI’s “ESG in Credit Risk and Ratings Statement”. Fitch, Moody’s, S&P Global, Kroll Bond are among others, which are existing signatories in the gauge.

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NTPC gets shareholders' nod to raise up to Rs 18,000 cr via bonds
Updated at : 2021-09-30 00:20:01

NTPC had proposed to raise up to Rs 18,000 crore through the issue of bonds/debentures on a private placement basis.

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Trade Setup: Large Call writing at 17,800, highest Call OI at 18,000 signal Nifty consolidation ahead
Updated at : 2021-09-29 23:20:01

We head not only into weekly options expiry, but also monthly derivative expiry on Thursday. Given the current technical setup and looking at the options data for September expiry, it is unlikely that Nifty may see any serious drawdown.

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NSE-BSE bulk deals: Standard Life sells 5% stake in HDFC AMC
Updated at : 2021-09-29 23:20:01

In another transaction, T Rowe Price Emerging Markets Stock Fund bought 1.5 million shares of the asset management company at Rs. 2,871 per share through a bulk deal on the BSE.

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Standalone PFs begins to cut stocks, book profits & bet on bonds
Updated at : 2021-09-29 22:20:02

There are about 1,552 such funds - known as exempted provident funds - with an estimated Rs7-8 lakh crore corpus which can invest as much as 15 percent of corpus in equities. Many funds nearly exhausted the limits through the bull run.

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