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A slew of new fund offers – time to take a deep look

Even as the primary market is buzzing with activity, mutual fund is not far behind, thanks to a vibrant secondary market. With most benchmarks from BSE Sensex and NSE Nifty50 to SmallCap/MidCap hitting new highs, fund houses are launching new…

Aster DM declares ₹118/share as special dividend

The board of Aster DM Healthcare on Friday approved a special dividend of ₹118 a share payable to those shareholders whose names stand on the Register of Members of the Company as on April 23 (record date). The dividend will…

Emerging-market bulls tout Modi premium as election nears

Under Prime Minister Narendra Modi, India’s stocks have commanded an unprecedented premium to emerging-market peers. As he seeks a third successive term, investors are betting that the performance can continue. Modi is likely to spend heavily on manufacturing and infrastructure…

Indices crack amid negative global cues

Indian equities slid over 1 per cent on Friday amid selling by overseas investors and negative global cues. The possibility of fewer rate cuts by the US Federal Reserve this year, surge in commodity prices and the amendment in the…

Manorama Industries initiates commissioning process for new fractionation plant

Manorama Industries Limited’s shares were up by 5.39 per cent after the company commenced the commissioning of its new fractionation plant in Raipur. The company informed, the plant has an annual capacity of 25,000 tonnes, is expected to enhance the…

– The Hindu BusinessLine

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Vakrangee partners with Max TV to provide OTT services

Vakrangee Ltd has partnered with Global One Enterprises Pvt Ltd (Max TV) to provide subscription-based OTT plans through Vakrangee Kendra networks. Under the partnership, Max TV will be able to cross-sell various plans through Vakrangee Kendra networks. Also read: If…

CLSA warns Vodafone Idea share price could drop to ₹5

Even as Vodafone Idea (Vi) is looking to do a follow-on public offer to raise ₹20,000 crore, analysts at CLSA warned that shares of the cash-strapped telecom operator could drop as much as 61 per cent to ₹5, if the…

Paytm shares decline 4% after CEO resigns

Shares of One97 Communications, Paytm’s brand owner, on Wednesday declined 4 per cent after Paytm Payments Bank’s Managing Director and CEO, Surinder Chawla, resigned from the company. The stock dipped 4 per cent to ₹388 on both the BSE and…

Sensex scales mount 75k, hits fresh intraday high

The benchmark Sensex hit a fresh high and nudged past the psychological mark of 75,000 on Tuesday before slipping in late trade due to profit booking. Also read:Markets settle lower after hitting record peaks in intra-day; Sensex breaches 75,000-milestone The…