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Basmati rice GI tag: Advantage India as EU republishes Pakistan plea under a new clause
In a development that gives India the advantage to gain geographical indication (GI) tag for its basmati rice, the European Union (EU) has re-published Pakistan’s application for such a tag…
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Allied Blenders, Vraj Iron get SEBI’s go ahead for IPO
Mumbai-based Allied Blenders and Distillers and Chhattisgarh-based Vraj Iron and Steel have received green signal from the Securities and Exchange…
Meme stocks are having a moment, but the broader market is rallying as well
Meme stocks are having a moment, but the broader market is rallying as well. While GameStop's 74% rally got a…
Private credit deals surge as high returns attract investors
Last month, Blackstone President and Chief Operating Officer Jonathan Gray, interacting with the media in Mumbai, said that private credit…
Broker’s call: HPCL/BPCL (Buy)
Target: ₹580/₹687CMP: ₹494/605.70HPCL: Sharply turning around its fortunes, Hindustan Petroleum’s FY24 EBIDTA/PAT was ₹24,800 crore/₹14,600 crore (from FY23’s ₹7,500 crore/₹8,900…
Rupee settles on flat note at 83.51 against U.S. dollar
Image used for representational purpose. | Photo Credit: Reuters The rupee settled on a flat note at 83.51 (provisional) against…
Broker’s call: Tata Motors (Outperform)
Target: ₹1,200CMP: ₹964.70Tata Motor’s Q4-FY24 results were largely in line, with JLR meeting its guidance. After a solid JLR turnaround…
Market close: Adani Enterprises, Hero Motocorp among top gainers
The top gainers on the NSE on Tuesday’s trade were Adani Enterprises (5.40%), M&M (4.01%), Hero MotoCorp (3.37%),ONGC (2.85%), and…
Muthoot Mercantile to raise ₹100 crore via NCDs
Muthoot Mercantile, a leading gold loan provider belonging to the Muthoot Ninan Group and headquartered in Thiruvananthapuram, has announced a…