Target: ₹380 CMP: ₹316.10 JSW Infrastructure has not witnessed any major cost or time overruns at its key projects, except for the Paradip iron ore terminal. We note that capex efficiency is not just seen at JSW Infra but also at its parent, JSW Steel (JSTL IN, Not rated). The company has also demonstrated a…
People walk past the Bombay Stock Exchange (BSE) building, in Mumbai. | Photo Credit: PTI Benchmark Sensex climbed nearly 362 points while Nifty ended above 25,000 level higher on Tuesday (September 10, 2024), marking their second straight day of gains following a rebound in the U.S. markets and fresh foreign fund inflows. The 30-share BSE…
Tata Consultancy Services (TCS) has announced a partnership with Mansfield Building Society to digitally transform its operations in the UK. TCS will deploy its proprietary banking platforms, including TCS BaNCS for Core Banking and TCS Digital Home Lending Solution. The shares of TCS were trading at ₹4,507.75, up by ₹58.20 or 1.31 per cent, on…
Image for representational purposes only. | Photo Credit: REUTERS The rupee traded in a narrow range on Tuesday (September 10, 2024) and depreciated 2 paise to close at 83.97 (provisional) against the American currency, weighed down by the strengthening of the American currency in the overseas market. Forex traders said the U.S. dollar recovered amid…
Indian stock markets closed in positive territory on Tuesday, with both benchmark indices extending their winning streak amid mixed global cues and sector-specific movements. The BSE Sensex ended the day at 81,921.29, up 361.75 points or 0.44 per cent, while the Nifty 50 rose 104.70 points or 0.42 per cent to close at 25,041.10. The…
If you run short of cash and plan to withdraw your mutual fund investments, take a pause. There is another option: You can take a loan against mutual funds and not disrupt the long-term potential compounding of your investment. Several banks offer loans against mutual fund units at interest rates ranging from 10-15% per annum….
Indian stock markets rallied on Tuesday afternoon, with the benchmark Sensex surging over 500 points, driven by gains in IT stocks and positive global cues. The Sensex was trading at 82,095.97, up 536.43 points or 0.66 per cent from its previous close, while the Nifty50 index climbed 162.25 points or 0.65 per cent to 25,098.65….
The mutual fund industry saw a notable decrease (43 per cent) in net inflows for the month of August, to ₹1.08 lakh crore against ₹1.89 lakh crore in July. This decline was driven primarily by a significant drop in inflows to the tune of 62 per cebt into debt mutual funds. Despite the overall downturn,…
The Congress on Tuesday claimed that SEBI chairperson Madhabi Buch had a 99 per cent stake in a firm that provided consultancy services to the Mahindra and Mahindra Group, and her husband received ₹4.78 crore as income from the conglomerate while she was adjudicating cases of the same group. Congress general secretary in charge of…
Wadhwa started her journey when Facebook was thriving and Instagram was a photo-sharing platform. During this time, she created her online persona, Miss Coco Queen, a name that reflects her love for Coco Chanel and Alexander McQueen. “Back then I used to operate through blogs and Facebook posts, there was no video,” she recalled. Making…
