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Punjab Chemicals at life time high

about 9 years ago

Punjab Chemicals & Crop Protection has hit a life time high today at Rs.478, a 12.5% jump over previous close.

Punjab Alkalies zooms to new high

about 12 years ago

Punjab Alkalies had closed yesterday at Rs.36.05 and today it opened almost 18% higher at Rs.43.25, which is a new high. The stock has jumped up, reacting to the statement it issued yesterday after market closure that the government had approved divestment of 44.26 percent stake in company b ...

Bank Of Maharashtra & Punjab & Sind Bank - Expected Privatisation Candidates

about 6 years ago

Between BoM and PSB, any prospective acquirer will be keen to acquire BoM

THE HR CRISIS AT PSU BANKS

about 11 years ago

You want to meet the CEOs of Andhra Bank, Bank of Baroda, Bank of India, Canara Bank and Punjab National Bank? That's simply not possible. Not because we as aam aadmi rarely have access to the CEOs, that too of PSU Banks. But simply because these banks do not currently have a CEO. IDBI Bank's CEO will retire eight days from now.

PSU Bank stocks jump up

about 7 months ago

Canara Bank led the pack (up 5%), followed by Union Bank, Bank of Maharashtra and Indian Bank (up 4%+), while SBI, BoB, PNB, Bank of India, IOB, UCO Bank gained 3 to 4%, and Central Bank and Punjab & Sind Bank were up over 2%.

DLF slips deep into the red

about 12 years ago

DLF is down in the deep red today. The stock has tumbled down over 7% at Rs.170, slipping down to Rs.169 levels. The stock has dipped after Punjab and Haryana High Court staying the Haryana Govt , where it had transferred around 300 acres of land in Gurgaon to DLF. What this means is that th ...

PNB gets a Rs. 870 cr shot in the arm

about 12 years ago

Shares of Punjab National Bank (PNB) are up 1.5% at Rs. 169, as the PSU bank has announced an equity infusion to the tune of Rs. 870 crore by the Central Government, at a premium to current market price. While the fund infusion was known earlier, the exact details, as to the pricing and ...

Banking index deep in red

about 11 years ago

Banking Index continues to remain deeply in the red. The BSE Bankex is down almost 4% with all the 10 stocks covered in the Index on a decline. All the leading PSU banks have hit a new 52-week low today. SBI, PNB, IOB, Punjab & Sind Bank, Allahabad Bank, Canara Bank, Dena Bank, Vijaya Ba ...

Balaji Telefilms goes "flying"

about 10 years ago

Intra day, Balaji Telefilms rose over 9.5% at Rs.119.50, with volumes showing an almost 3 times spurt. The stock’s 52-week high and low stands at Rs.150.40 and Rs.65.25 respectively. The stock price is in the limelight as its much awaited and mired in controversy film, Udta Punjab has ...

PNB slumps over 7.5%

about 9 years ago

Punjab National Bank (PNB) has gone down over 7.5% today to Rs.151 and continues to trade in the red.

THE PAIN OF PSU BANKS - CANCEROUS GROWTH IS WITHIN

about 11 years ago

If nothing we need to give a resounding clap of applause to Bank of Baroda, Punjab National Bank and Bank of India. These three big banks declared dismal numbers forQ4FY16 and their losses sent a shock wave throughout the country. But the applause is for the courage these banks showed to put the entire provisioning

PMC GIVES A WAKE-UP CALL? ALL AWAKE?

about 7 years ago

Crisis is sometimes good because it is sign that somethings need to change, a wake-up call that mandates changes for a better life. That’s how we need to look at the Punjab Maharashtra Cooperative (PMC) Bank crisis. Thanks to its happenings, RBI was jolted out of its slumber.

LVB PUTS FOCUS ON PMC BANK

about 6 years ago

The LVB imbroglio has once again put the focus back on beleaguered Punjab and Maharashtra Cooperative (PMC) Bank. It has invited Expressions of Interest (EoI) for equity participation and 15th Dec is the deadline. What we hear is that quite a few business houses are showing interest but we will know the names only after 15th Dec.

PMC BANK SAGA – TWO STATES, ONE BIG MESS

about 7 years ago

There is so much panic! The RBI placed the Punjab and Maharashtra Cooperative (PMC) under regulatory restrictions for six months, effective 23rd September. If you are an account holder with this bank, there aren’t many choices left.

PSU banks in red

about 2 years ago

PSU bank stocks have been on a consistent decline. Nine stocks in the sector hit their 52-week lows, SBI, BoB and PNB. Punjab & Sind Bank, Indian Overseas Bank, Bank of Maharashtra, UCO Bank

PNB hits a new low

about 9 years ago

Punjab National Bank (PNB) is the top loser on the BSE and it hit a year low at Rs.101.10, down 9.5%.

PNB rises and falls

about 2 years ago

The stock, stock price, initially reacted positively, opening over 2.5% higher at Rs.118.05 and went on to Rs.119.10 but soon the rally fizzled out on profit booking and slipped into the red at Rs.110.55 and is now trading 2.6% lower

Quadrant makes smashing debut

about 2 years ago

Another new smashing debut today. As against the IPO price of Rs.290, Quadrant Future got listed on the BSE at Rs.374 and rose further to an intraday high at Rs.390

PNB declines over 3%

about 10 months ago

The stock declined up to 3% in early trade today after the lender disclosed a legacy fraud exposure linked to erstwhile promoters of SREI Equipment Finance

Bhushan Power acquisition by JSW Steel - Bonanza to PSBs

about 6 years ago

PSBs will get Rs, 19,350 cr. which will be added in PAT of respective banks in Q4 FY21 numbers.

SJVN hits new high

about 3 years ago

The stock is among the top five gainers on the BSE since the opening bell today; the stock, opened today at Rs.66.85 and went on to hit a new 52-week high at Rs.70.95.

Tata Power gets "on"

about 14 years ago

Tata Power is currently the top gainer on the BSE, up 3.66% at Rs.97.60, with an intra day high at Rs.99.70. Volumes are huge at almost 2 lakh shares being traded today morning compared to around 3 lakh shares over the past two weeks. The stock is going through what Adani Power went through ...

What does the concept of beta mean?

about 11 years ago

How to calculate cost-to-income ratio of a bank?

about 14 years ago

Behari Lal Engineering

about 2 months ago

A Promising Micro-Cap
Subscription Start Date :12 Aug 2026 End Date :14 Aug 2026
Issue Size : Rs. 302 cr, Issue Type : Fresh cum OFS
Price Band : Rs.271 to Rs. 285
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Overall Subscription : 108.44x
QIB : 165.33x,HNI :165.32x,Retail :53.27x
Listing Date : 19 Aug 2026, , Listing Price : 465

Alpine Texworld

about 3 months ago

Weak Fundamentals
Subscription Start Date :14 Jul 2026 End Date :16 Jul 2026
Issue Size : Rs. 120 cr, Issue Type : Fresh Issue
Price Band : Rs.100 to Rs. 105
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Overall Subscription : 1.4x
QIB : 1.09x,HNI :1.09x,Retail :1.54x
Listing Date : 21 Jul 2026, , Listing Price : 105

Quadrant Future Tek

about 2 years ago

Has a Bright Future
Subscription Start Date :7 Jan 2025 End Date :9 Jan 2025
Issue Size : Rs. 290 cr, Issue Type : Fresh Issue
Price Band : Rs.275 to Rs. 290
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Overall Subscription : 186.64x
QIB : 132.54x,HNI :254.7x,Retail :246.86x
Listing Date : 14 Jan 2025, , Listing Price : 374

Deepak Builders

about 2 years ago

Deepak with no Light
Subscription Start Date :21 Oct 2024 End Date :23 Oct 2024
Issue Size : Rs. 260 cr, Issue Type : Fresh cum OFS
Price Band : Rs.192 to Rs. 203
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Overall Subscription : 41.54x
QIB : 13.91x,HNI :82.47x,Retail :39.79x
Listing Date : 28 Oct 2024, , Listing Price : 198

Sandur Manganese up 5%

about 3 years ago

is buzzing today morning; from its close of Rs.544.45, it opened at Rs.563, up 3.5% and rose to an intraday high at Rs.570, up almost 5%, close it its UC of the day at Rs.571.65.

Shiv-Vani Oil in deep red

about 13 years ago

Shiv-Vani Oil is deep in the red today morning. The stock is almost 5% at Rs.10.40, frozen on the lower circuit as soon as it opened for trade. Its 52-week low stands at Rs.9.75. The stock is in red after the Delhi High Court has restrained the company from operating its bank accounts and cr ...

UTI AMC zooms up

about 4 years ago

UTI AMC is among the top three gainers on the BSE currently, rising 15.5% to hit an intraday high at Rs.890.30. Its 52-week high stands at Rs.1109.40.

Corporation Bank tumbles

about 9 years ago

Little wonder then that the stock price is currently amongst the top losers on the BSE, down 3% at Rs.45 level; its 52-week high and low stands at Rs.64.70 and Rs.35.60 respectively.

Sharika Entp hits new high

about 5 years ago

The stock, which had closed yesterday at Rs.23, opened for trade today at 24.15, which is a new 52-week high and also its 5% UC of the day

HCC slumps and falls

about 5 years ago

The stock was among the top five losers on the BSE, briefly skimming the 5% LC of the day at Rs.15.65 and is currently trading at Rs.15.75. Its 52-week high and low

Sintex locked at 5% UC

about 5 years ago

The stock which had closed on Friday at Rs.9.91, opened itself today at its 5% UC of the day at Rs.10.40, with over 1 crore pending buy orders on counter.

GR Infra in the limelight

about 5 years ago

The stock which had closed yesterday at Rs.1868.55, opened today at Rs.1865 and rose to hit an intraday high at Rs.1963.40.

IRB Infra on good roads

about 6 years ago

The stock opened 5% higher at Rs.108.30 and went on to hit an intraday high at Rs.112.30. Its 20% UC for the day stands at Rs.124.

DLF comes crumbling down

about 7 years ago

DLF had closed yesterday at Rs.171.60 but today, it opened itself lower at Rs.168.60 and soon slipped to a new 52-week low at Rs.137.75, plunging down 20%.

Allahabad Bank at new low

about 9 years ago

Allahabad Bank is the top newsmaker in the social media and the news is not good. The stock price hit a new low today at Rs.42.05, going down some 5%.

Satin Credit in the green

about 9 years ago

Satin Creditcare Network is doing pretty well in an otherwise listless market. It rose almost 4% to Rs.294.05 and after that slipped to Rs.289.40, up over 2%.

Tata Power is charged up!

about 13 years ago

Tata Power is amongst the top gainers of the day currently; the stock opened higher at Rs.83 from Friday’s close of Rs.78.70. The stock remains in the green, up over 4.5%. The stock is up today on news that the Central Electricity Regulatory Commission (CERC) has allowed higher tariffs ...

United Spirits is top gainer

about 10 years ago

No longer a Vijay Mallya company, United Spirits is a subsidiary of British multinational Diageo plc. The stock is the top gainer on the BSE right since the opening bell, up almost 6% at Rs.2194.

PNB Housing has a smashing debut

about 10 years ago

PNB Housing has made a smashing debut on the bourses. As against the IPO price of Rs.775, the stock got listed on the BSE almost Rs100 higher at Rs.863, up over 11% the IPO price. The IPO was subscribed 30 times. Qualified Institutional Buyers (QIBs) subscribed their portion over 37 times an ...

P N Gadgil Jewellers

about 2 years ago

Offered at a ‘Sale’ price
Subscription Start Date :10 Sep 2024 End Date :12 Sep 2024
Issue Size : Rs. 1,100 cr, Issue Type : Fresh cum OFS
Price Band : Rs.456 to Rs. 480
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Overall Subscription : 59.41x
QIB : 136.85x,HNI :56.08x,Retail :16.58x
Listing Date : 18 Sep 2024, , Listing Price : 830

Gateway Distriparks jumps over 7%

about 11 years ago

Gateway Distriparks has shot up quickly to become the top gainer on the BSE currently, up over 7% at Rs.234. The market is reacting to the news which came in just now that the following the personal hearing on February 25, 2016, Customs Department, Nhava Sheva, have revoked the suspension of ...

SML Isuzu in top gear

about 11 years ago

SML Isuzu is looking very positive today morning. The stock opened over Rs.40 higher at Rs.1285 and went on to Rs.1346.35 and is now above Rs.1300 levels, up over 5%. Its 52-week high is at Rs.1670. The stock is up as the market is enthused with its sales numbers for month of September. The ...

Ramky Infra shows huge volumes

about 11 years ago

Ramky Infrastructure breached the upper circuit at Rs.35.75 and is now at Rs.34 levels, up over 15%. Volumes are huge – as against 2W average of 9194 shares being traded, today morning alone has seen volumes of over 3.6 lakh shares. This sudden spike up of interest on the counter is po ...

Jet Airways nosedives into red

about 12 years ago

Jet Airways which had hit a new 52-week high yesterday at Rs.471.25 is today down in the red. The stock opened some Rs.14 lower, going down to Rs.437.50. It has recovered since then and is now at Rs.453, down 2.5%. The turnaround in the moods on the counter was after the company stated that ...

Punj Lloyd back in news

about 10 years ago

On Saturday, Punj Lloyd announced that Punj Lloyd Infrastructure, a wholly owned subsidiary of the company had executed definitive agreements with India Infrastructure Fund II. This is an investment fund represented by its investment manager IDFC Alternatives. The decision has been made tha ...

NCML Industries

about 12 years ago

Price Band : Rs. - to Rs. -
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UTI AMC

about 6 years ago

Verdict :Poor Profitability despite Industry Tailwinds
Subscription Start Date :29 Sep 2020 End Date :1 Oct 2020
Issue Size : 2160 crore, Issue Type : OFS
Price Band : Rs.552 to Rs. 554
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Overall Subscription : 2.31x
QIB : 3.34x,HNI :0.93x,Retail :2.32x,Other :1.34x
Listing Date : 12 Oct 2020, , Listing Price : 500

CCI PROBE OF OMCS - A FUTILE EXERCISE

about 14 years ago

CCI believes there is cartelization in increasing and decreasing prices of a deregulated commodity such as petrol by the 3 state OMCs. Logic warrants that cartelization is undertaken only with an objective to benefit. If the OMCs are losing money on every litre of petrol they sell, how can the alleged cartelization stand to fleece the consumers and benefit the companies? Under-recovery, in no language, stands for 'gains'!

RICE COULD SEE A PRICE RISE - BLAME IT ON EL NINO!

about 11 years ago

The drought all around India is sure to affect all crops and rice is one such foodgrain which could see some very sticky times. The blistering heat is today threatening to cut production of the rice crop for the first time since 2010 and effectively lead to a price rise. With more than 50% of the world's population eating rice, this is not exactly an appetizing news.

BUDGET FY17 - GAINERS AND LOSERS

about 11 years ago

Here is a quick look at some of the announcements made in the Budget and how it will impact companies in the various sectors. Some are obvious gainers like always in all Budget, the agri stocks and some are the usual losers, like cigarette companies. Take a look and take stock of where you stand post the Budget.....

CEMENT - DEMAND DOWN BUT PRICES UP

about 11 years ago

Realty sector is gasping for survival with skeletal demand. Housing prices are have come off the earlier highs and the interest rate cycle has finally started turning around towards lower rates - yet it will take a while for the buyers to come back and buy. There isn't much construction happening

COAL SUPPLY FALLS; WILL POWER SUPPLY TRIP TOO?

about 12 years ago

The Central Electricity Authority (CEA) put out its regular report on coal supplies and pressed the panic button - of the 100 thermal power stations spread across India, as at 3rd Sept 2014, 56 plants face a 'critical' coal shortage of less than 7 days of coal supply, of which 28 plants are 'super critical', meaning coal supply of less than 4 days.

TOO-BIG-TO-FAIL-BANKS - HOPEFULLY NOT TOO-BIG-TO-BE-SAVED!

about 12 years ago

In Sept 2008, there were long serpentine queues across the country at almost each and every ATM of ICICI Bank. Panic stricken account holders were scurrying from one ATM to the other and there was a sense of palpable fear across the country. This was when the worldwide financial meltdown happened and rumors started floating around that ICICI Bank was going down as it was caught in a big financial mess.

REALLY, LET'S LEAVE OUR RIVER'S ALONE!

about 13 years ago

Somehow, for the BJP, this fixation with the rivers is not a new idea. It was a seed sown by Atal Bihari Vajpayee when he first mooted the idea of interlinking the rivers to overcome water shortage. And this is probably the most opportune time to once again revisit this plan and see if there is any merit in this 'great' idea.

ARE STOCKS AND MARKETS GETTING 'MODI'FIED?

about 13 years ago

What do we mean by political connections? Just as a common man might feel that he can get his work done expeditiously if he has 'contacts' in the Municipality or any Govt office, company owners, obviously with higher stakes, need such 'contacts' at the higher levels. It is a known truth

RICE STOCKS IN 'GREEN' DESPITE 'RED' FROM USA

about 13 years ago

USA has found pesticide residue in basmati rice and exports to the country from India have plunged. This is not good news, right? In an ideal world, the stock price of basmati rice exporting companies should have plunged, right? Well, we do not live in an ideal world and therein lies the entire truth of our times. Rice stocks, the major basmati exporters - LT Foods, KRBL and Kohinoor

NEED A HOME LOAN? GET YOUR CREDIT SCORE RIGHT!

about 14 years ago

Young and love a good life? Do you swipe your string of credit cards, buying everything and doing all which the mind fancies? That might be good for your happiness quotient but when you decide to buy your dream home and seek a home loan, this bad credit history could jeopardize your chances of getting a home loan.

DEFAULT OF RCOM – COULD THIS BRING THE BROTHERS BACK TOGETHER?

about 10 years ago

Anil Ambani would most certainly be having some sleepless nights. Or even if he manages to sleep well, the 17 banks who have lent him money would be tossing, turning and groaning. That Anil Ambani is entrapped under a mound of debt is not new news; we all have been mute witnesses to the way he let his ambitions rise unbridled and went on taking money from the banks;

DROUGHT - A BIGGER ISSUE THAN TEAM ANNA OR ECB OR US FED

about 14 years ago

When you watch the TV or read the newspapers - did you anywhere, even remotely get the feeling that India, which is primarily an agrarian country, is staring hard into the face of a drought? Do we know the impact of the word 'drought'?

INTERLINKING RIVERS - UNVIABLE & SPELLS DISASTER

about 14 years ago

The idea of linking the rivers of India was first mooted by the NDA Govt and everyone lauded them for coming up with such a 'great' idea. Then UPA came into power and sat on it, like it sits on everything else. It appointed the National Council of Applied Economic Research (NCAER) to conduct a feasibility

FDI IN RETAIL - AHOY CONSUMERISM!

about 14 years ago

The stocks in the spotlight today were those from the retail sector. Trent, Shoppers Stop, Provogue, Pantaloon, all were up in the green. News of FDI in multi brand retail getting a push and shove after the Presidential elections, in Congress governed states set the ball rolling. Like a yo-yo, these retail stocks have been going up and down,

STATE DEBTS - SORRY STATE OF AFFAIR

about 14 years ago

On the website of the Ministry of Finance, the data on state debts and liabilities have been updated only till 2008-09. As per that list, till end of FY09, Maharashtra tops the list of states in India having the highest debt, followed by Uttar Pradesh, West Bengal,

POLITICAL STOCKS - POLITICALLY CORRECT BUT ECONOMICALLY WRONG?

about 15 years ago

Yes, if one has to survive in the corporate world, it is probably essential to kowtow with politicians. But how much and how far is the big question. Every industrialist has to knock on the doors of the politician but whether that knocking leads to

GOA SHOWS THE RIGHT WAY TO GO!

about 15 years ago

When Goa announced, in its State Budget for FY13, a 11% reduction in its Value Added Tax (VAT) on petrol, the price of petrol was to come down by Rs.11/litre. It first seemed like a typo error! After all, have we ever heard of any Budget announcing a rate cut in petrol?

MARKET SCARED OF THE LONE CYCLIST; WANTS SUPPORT OF THE HAND

about 15 years ago

Shilpa Shetty feistily gyrated in the Hindi movie Shool, singing, "Main aayi hoon UP, Bihar lootne" but looks like UP alone has looted the Congress of what little integrity and reputation it had. A few important insights have emerged from these elections. First and foremost, national parties - BJP and Congress and national leaders have been disseminated;

WHAT DOES THE CRYSTAL BALL SAY FOR 2017?

about 10 years ago

2016 is gone and 2017 is in. All the partying is over, maybe the hangover still persists..... For many, 31st December is just the end of a month and the beginning of a new month. Yes, it means a change in the year but that's something which has no real impact on our lives. The habits, traits, characters, routine which we had on 31st are what we continue to have even today. Thus spiritually or philosophically speaking (spirituality is the science of philosophy) this "new year" has no significance. But because we live and work in a material world,

PSU BANKS' HR CRISIS LOOMING LARGE

about 10 years ago

Come 2018 and all the current CEOs of public sector banks will retire. In 2019, all executive directors will also retire. The retirement of those at the middle management level - General Managers and deputy GMs will leave many cabins in banks looking vacant and forlorn over the next 2-3 years. Thus there is going to be a shot of "retirement exodus" of the top and middle management layer in the banking sector.

THE WINNERS OF BUDGET FY18 ARE……

about 10 years ago

The Budget is over and gone. But before we forget about it and move on, a quick look at those who have reasons to cheer; the clear winners of this Union Budget. Afterall, for the market, all that matters is not the macro data but micro-micro …the stocks that gain; it all boils down to only that! So here is a quick list of companies which stand to gain today and we will see them reaping some, if not all the advantages in FY18.

WILLFUL DEFAULTERS ON THE RISE

about 9 years ago

There are defaulters and now there seems to be an increasing clan of willful defaulters. People who have the money but yet do not bother to repay the banks – that kind of debtors is on the rise. Sounds like Mallya? Well, he was one but there are apparently many more taking inspiration from him.

SBI Life

about 9 years ago

Verdict :Safe, Bankable, hence Invest
Subscription Start Date :20 Sep 2017 End Date :22 Sep 2017
Issue Size : 8,400 crore, Issue Type : OFS
Price Band : Rs.685 to Rs. 700
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Overall Subscription : 3.57x
QIB : 12.56x,HNI :0.7x,Retail :0.85x,Other :1.03x
Listing Date : 03 Oct 2017, , Listing Price : 735

THE TRUE WORTH OF GOLD

about 5 years ago

It is only now that we understand this perseverance to buy gold; we fully understand why gold has got so much significance in our Indian households. Always prepared for shortages, famines, floods and maybe our ancestors for pandemics, gold is the true fall back for millions of Indians. With unemployment raging, loss of income pushing many into poverty and risks going up, gold loan is once again becoming the most preferred avenue.

Monte Carlo Fashions

about 12 years ago

Price Band : Rs. - to Rs. -
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Taksheel Solutions

about 15 years ago

Price Band : Rs. - to Rs. -
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Punj Sind Bank

about 16 years ago

Price Band : Rs. - to Rs. -
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Jindal Cotex

about 18 years ago

Price Band : Rs. - to Rs. -
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UTI ASSET MANAGEMENT COMPANY

about 19 years ago

Price Band : Rs. - to Rs. -
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Omaxe

about 20 years ago

Price Band : Rs. - to Rs. -
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Spice Mobility

about 20 years ago

Price Band : Rs. - to Rs. -
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PNB Housing

about 10 years ago

Price Band : Rs. - to Rs. -
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PATIENCE IS ALL THAT IS – FOMC

about 5 years ago

Yet, the Federal Open Market Committee (FOMC) did what is needed and not necessarily economically right by holding on to the interest rates near zero and repeating its vow to keep buying bonds at the current $120 billion monthly pace. The Fed can do nothing but remain patient at this juncture.

TRACTORS HAVING A FIELD DAY!

about 6 years ago

Tractor companies are having one of their best runs ploughing through this pandemic while their counterparts, the cars and trucks were having a tough time, finding especially rough roads in cities. In Sept’20, the tractor industry recorded a historic and second highest ever monthly sales by volume

THE RISE OF GODMEN – WHEN REASON LOSES ALL LOGIC

about 9 years ago

Godmen/women are today worth millions and they come across more as business magnets and hungry for limelight rather than even remotely interested in anything spiritual. The fact that business and spirituality is being mixed, with the business cashing in on the brand image created by spirituality, it makes wonder about the true purpose of these Godmen.

FARM BILLS – PERFECT PATH, DEPLORABLE ATTITUDE

about 6 years ago

Finally, the media seems to have moved past Sushant Singh. And yesterday, we were looking at belligerent MPs, breaking call codes of decency and decorum in the Rajya Sabha. Yes, some issues, especially when it comes to farmers, always runs high on passion and drama. The three Farm Bills are at the center of this storm and we living in the cities, try to understand what this brouhaha is all about.

DESPACITO – SLOWLY GETTING DESPONDENT

about 7 years ago

If the Govt had thought that it could have got the market to celebrate and soar with their merger announcements on Friday; well, it gauged the moods completely wrong. The overhang of the slowdown, the further falling sales numbers of the auto sector and another merger news of BPCL into Indian Oil Corporation kept the markets down, really really down.

GROWTH SLOWS BUT GOVT GIVES BIG BANG MERGERS

about 7 years ago

And every Friday evening, looks like the FM has taken it upon herself to make some big bang announcements. Today, the mega merger could not have been timed any better – it removed all attention completely from the slowdown; the debate otherwise would have been on the GDP but with this merger announcement coming in just before the GDP numbers, attention is completely deflected.

REVOKING 370 – INDEPENDENCE DAY COMES 10 DAYS EARLY!!

about 7 years ago

What we need to understand is that 370 was meant to be a temporary provision included in the Constitution to cater for the specific requirements of the troubled times immediately after India’s independence and the state’s accession to India. But over a period of time, the political parties realized the importance of living like a country of their own within a country, enjoying double benefits

“ONE NATION” – GATHERING A LOT OF “POWER”

about 7 years ago

One Nation, One Card. One Nation, One Poll. One Nation, One Grid. And now the demand for One Nation, One electricity tariff. This “One Nation” mantra is really catching on….

WILFUL DEFAULTERS – MAKE IT A CRIMINAL OFFENCE

about 7 years ago

Yesterday in the Lok Sabha, responding to a set of questions, Finance Minister Sitharaman, she said that the number of wilful defaulters has risen 60% the five years up to FY19. The total number of wilful defaulters stood at 8,582 at the end of FY19 v/s 5,349 at the end of FY15.

MARKETS GETTING ‘MODI’FIED

about 8 years ago

hen there are some specific stocks, which zoom up or down every time, there is positive or negative news on Modi. These are companies whose promoters are stated to be “close” to Modi – Adani group, Torrent and even Mukesh Ambani’s Reliance.

PSU BANKS – DRIVERLESS VEHICLES

about 8 years ago

This is the state of leadership at PSU banks when they are going through their worst times. As regards the second rung of leadership,10 are retiring in 2018, 12 in 2019 and the remaining three will retire in 2020. This is scary given the state of the banks even with leadership!

THIS IS HOW ALL THE MONEY IS COMING INTO SIPs…..

about 9 years ago

Ramnikbhai was a small garments shop owner in Surat. He took great pride in sourcing his collections from Mumbai. But nowadays, he just sits around on his charpoy, watching the world go by.

Rudra Global Infra Products - How real are Q4 Profits?

about 5 years ago

Share has to eventually rule in single digit, once frenzy dies down