Latest Stock Market News

The plea stems from the fear of getting notices asking them to pay the higher levy retrospectively from July 1, 2017 - when India moved to the GST regime - instead of the 5% they paid till now. If levied retrospectively, the amount will be huge and unsustainable for these businesses.

Earnings at S&P 500 companies are expected to grow 35.6% year-on-year in the third quarter, with market participants gauging how companies are navigating supply-chain bottlenecks, labor shortages and inflationary pressures.

The yen was restrained while the risk-sensitive Australian dollar held firm on Wednesday on the back of a solid commodity market and a positive risk mood from upbeat U.S. economic data and upbeat corporate earnings.

“Growth at a reasonable price should be the mantra and it will come in largecaps at some point in time and that is when we will accumulate those.”

Tata Steel Ltd., incorporated in the year 1907, is a Large Cap company (having a market cap of Rs 161792.52 Crore) operating in Metals - Ferrous sector.

Zomato to stay focussed on food, will only invest in businesses that can add more than $10 billion to its market cap going forward, says CEO Deepinder Goyal

Fintech firm set to increase offer size by Rs 1,700 crore to Rs 18,300 crore after Sebi approval

This is a rare instance where RIL has formally submitted an expression of interest for a bankrupt company that is undergoing the corporate insolvency and resolution process (CIRP), said a lender. The only other instance where it submitted a bid was for Alok Industries in partnership with JM Financial ARC. It subsequently acquired that company.

The main features of such a framework could include relaxations in ownership and management criteria for these banks to make room for a wider pool of bidders such as nonbanking finance companies (NBFCs) that are owned by corporate groups.

Citi is expected to start bilateral negotiations and announce a formal winner in the next one-two months. None of the bidders have offered stocks, and have submitted all-cash bids. The first two are the most aggressive bidders and are the frontrunners.