Archive for April, 2016
04/26/2016
Mumbai reported 192 new coronavirus infections and one fatality on Friday, a civic official said. It took the tally of COVID-19 cases in the countrys financial capital to 7,64,854 and death toll due to the pandemic to 16,355. The day before the city had logged 218 new COVID-19 cases and one death. The city now
04/26/2016
By Bhavik Patel Gold has been trading in the range of $1450-$1477 this week as traders are awaiting for US employment data on Friday. A soft countdown of the initiation of tapering the Federal Reserve This month Gold market was also on back foot yesterday because of a rally in global equity markets. Trader and
04/26/2016
In an earlier article (bit.ly\/33dLaQH), we had shown, using NABARD With new data on farmer incomes, we estimate again the per hectare incomes, and this time, Punjab appears to be earning even lower than the all-India average. To estimate per hectare incomes earned by agricultural households (AHHs), we need the estimate of total income farmers
04/26/2016
By Nagaraj Shetti After showing weakness from the new all-time high of 15431 on Tuesday, Nifty slipped into follow-through decline on Wednesday and closed the day lower by 104 points. The attempt of intraday upside bounce has failed and Nifty showed weakness amidst high volatility in the afternoon to later part of the session. A
04/26/2016
The Centres decision to withdraw the replantation subsidy has come as a big blow to integrated tea plantation companies, while small tea growers (STGs), not regulated by the Tea Plantation Act, have started eating into the business of the large tea planters having the cost advantage of producing tea. The ministry of commerce provided a
04/26/2016
Info Edge (IEL) posted Q2FY22 financial performance in line, but the strong growth in billing points to improving growth trends. Overall billing was up 61.3% y-o-y with recruitment, real estate and Shiksha growing y-o-y by 73.9%, 45.9% and 74.7%, respectively. While macro tailwinds and leadership position are helping IEL With no new IPO of an
04/26/2016
Go Fashion (India) Ltd, which owns womens wear brand Go Colors, on Tuesday said it has raised a little over Rs 456 crore from anchor investors ahead of its IPO roll-out on Wednesday. The company has decided to allocate a total of 66,10,492 equity shares to 33 anchor investors at Rs 690 apiece, aggregating the
04/26/2016
Markets regulator Sebi has made sweeping changes to strengthen the monitoring and enforcement of norms pertaining to related-party transactions. The regulator has tweaked the definition of related party and related-party transactions (RPTs), according to a notification issued on Tuesday. It made changes to the process followed by a companys audit committee for approval of RPTs
04/26/2016
India has added 8,530.92 megawatts (MW) of renewable energy capacity, including large hydro units, during April-November of the current fiscal, which is higher than 8,058.10 MW added in the entire 2020-21, Parliament was informed. During April-November 2021, 8,530.92 MW of the renewable energy capacity, including large hydro, was added in the country, which is higher
04/26/2016
With the introduction of norms for silver exchange traded funds (ETFs), investors will be able to invest in silver in a more liquid manner and can help in diversification of the portfolio, experts said on Sunday. The Securities and Exchange Board of India (Sebi) came out with operating norms for silver ETF, whereby such scheme
