A “board meeting dated December 9, 2022 (Friday) sanctioned additional loans of Rs 800 crore to various borrowers,” the company said in a regulatory filing.

The Dow Jones Industrial Average fell 34.77 points, or 0.10%, at the open to 33,746.71

Bank Nifty option chain reflects PE writers standing tall at 43,000/43,500 strikes

According to Nomura Financial Advisory and Securities, this tie-up opens up export avenues for Britannia, and given that Bel Group is a major player in the healthy dairy, fruit and plant-based snacks, it will give the former access to new categories from its global portfolio.

The private lender filed the petition under Section 7 of the Insolvency and Bankruptcy Code, which allows a financial creditor to apply for initiating the process. The NCLT has issued a notice to Digital Ventures.

The Dec. 5-8 Reuters poll of 45 economists predicted the second consecutive decline in inflation to an annual 6.40% from 6.77% in October. Forecasts were in a 6.00%-7.02% range.

If there is some recovery in global growth and sentiment, over “6-12 months some of these markets that have become oversold may do better than India because India has outperformed so much in the last 18 months,” said Hiren Dasani, managing director at Goldman Sachs Asset Management. “But in the Continue Reading

In the NSE list of stocks with a market cap between Rs 1,000-10,000 crore, four stocks crossed their previous 5-year high value at the close on December 8, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look

In the NSE list of stocks, five stocks with a market cap of over Rs 1,000 crore are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average Continue Reading

Businesses are typically structured as corporates or trusts. The VCC is a specialised structure intended for the asset management industry specifically.