Stock surge gives Reliance Industries chairman Mukesh Ambani edge in wealth race

According to Bloomberg Billionaires Index, Adani's fortune stood at USD 89.1 billion on Thursday, just USD 0.6 billion shy  of Ambani's USD 89.7 billion.

published on : 26th November 2021

Paytm shares stymie two-day slump; surge 10 per cent

The counter, which had a deserted look for the past two trading sessions zoomed 9.90 per cent to close at Rs 1,494.95 on BSE.

published on : 23rd November 2021

Paytm shares fall by 17 per cent on Monday, investors lose Rs 55,000 crore in two Sessions

Market cap of the firm has now fallen below Rs 85,000 crore as against the m-cap of Rs 1.39 lakh crore before the stock hit the exchanges.

published on : 22nd November 2021

Poor listing for Paytm, stock falls 20% in 15 minutes

This flop show by Paytm comes after its IPO, India's biggest at Rs 18,300 crore, struggled to get fully subscribed, raising concerns that investors are not buying the huge valuation it is seeking.

published on : 18th November 2021

PayTM stock likely to debut at a discount on Thursday

Gaurav Garg, Head of Research, Capitalvia Global Research, said that  Paytm's GMP has reduced consistently from Rs 130 to Rs 30 yesterday and today it is at around Rs -30.

published on : 18th November 2021

After promise, CEO Elon Musk sells USD 5 billion in Tesla shares to pay taxes

Last weekend, Musk said he would sell 10% of his holdings in the company, worth more than $20 billion, based on the results of a poll he conducted on Twitter.

published on : 11th November 2021

Indusind Bank shares tumble nearly 11 per cent after clarification on whistleblower allegations

Shares of Indusind Bank on Monday tumbled nearly 11 per cent after the lender said it disbursed 84,000 loans without customer consent in May owing to a 'technical glitch'.

published on : 8th November 2021

Axis Bank shares plunge 6.5 per cent after earnings

Axis Bank, the third-largest private sector lender, Tuesday reported a net profit of Rs 3,133.32 crore for the July-September period on a standalone basis, which is its highest-ever for any quarter.

published on : 27th October 2021

Biocon shares decline over four per cent after second quarter earnings

Biotechnology major Biocon on Friday said its consolidated net profit declined 18 per cent to Rs 138 crore for the second quarter.

published on : 22nd October 2021

What you need to know about taxes on gains from foreign stocks

It should also be noted that if you have invested in foreign stocks, you will have to mandatorily file a tax return in India.

published on : 19th October 2021

Infosys shares jump over 4% after Q2 earnings

The firm raised its forecast for annual revenue growth to 16.5 per cent to 17.5 per cent in fiscal 2022, from 14-16 per cent growth predicted in July.

published on : 14th October 2021

Mindtree shares zoom nearly 12 percent to 52-week high after Q2 earnings

Consolidated revenue from operations of Mindtree increased by 34.27 per cent to Rs 2,586.2 crore during the reported quarter from Rs 1,926 crore in the corresponding quarter of 2020-21.

published on : 14th October 2021

Wipro shares climb nearly 8% post Q2 earnings

Wipro said that it has surpassed USD 10 billion (around Rs 75,300 crore) annualised revenue run rate and is in position to hire 25,000 people in the next financial year.

published on : 14th October 2021

ED freezes Rs 700-crore shares of Karvy Stock Broking

The ED has learnt that Karvy CMD C Parthasarathy is trying to offload his shares in the group companies through private deals to other sources.

published on : 26th September 2021

Vedanta says decision to delist American depositary shares from NYSE aimed at simplification

The Vedanta share is extremely liquid on Indian bourses with high daily volumes and provides both efficient price discovery and ample buy-sell opportunity to investors, including global ones, it said.

published on : 24th September 2021
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