The centre has announced that among the 26 bills that will be taken up for a debate this winter session, the Crypto bill will be one of them. India needs to adopt a more rational approach keeping in mind the emerging realities. Cryptos worth over $2 trillion Today if you look at the crypto market,

Tega Industries IPO is opening for subscription today. Tega Industries IPO is opening for subscription today. The Indian markets are expected to react to GDP numbers. Also, auto companies are likely to be in focus as they will release November sales data. Meanwhile, Asian stocks were mixed Wednesday as traders weighed Federal Reserve Chair Jerome

Last week was dominated, among other things, by the B.1.1.529 virus or the Omnicron virus, which apparently has its origins in the Southern part of Africa. How bad is it and will it hit growth? What is a mutated virus? One of the concerns over this virus is that it is a mutated virus. It

RBI superseded the board of Reliance Capital In a rather swift move, the RBI superseded the board of Reliance Capital due to defaults and governance issues. The company will be referred for insolvency proceedings as the next step. RBI has appointed Mr.Nageswara Rao, former ED of Bank of Maharashtra, as the administrator of Reliance Capital.

Tega Industries predominantly caters to the mining and abrasives sector and derives nearly 86.4% of its total business revenues from global operations. Tega is a leading manufacturer and distributor of specialized consumable products for the global minerals, mining and abrasives industry and is among the world leaders in polymer based mill liners. Some of its

Nifty Updates Nine of the ten most valuable companies on the Nifty saw value erosion worth Rs.2,62,146 crore for the week ended 26-Nov. The big losers were Bajaj Finance and Reliance. As the Nifty plunged over 4.3% in the week, Bajaj Finance lost Rs.41,518 crore in market cap while Reliance lost Rs.38,441 crore. Other losers

EID Parry, reduced total debt by over 63% in FY22 One of India’s leading sugar manufacturer, EID Parry, reduced total debt by over 63% in FY22. Both short term loans and long term loans have been brought down sharply and the 63% fall is of the combined debt. As a result, the finance cost also

Star Health and Allied Insurance, a specialized health insurance originator backed by Rakesh Jhunjhunwala and Westbridge Capital, was set up in the year 2005. It started off with solid credentials, floated by the former CMD of United India Assurance, V Jagannathan. Today, Star Health has a dominant market share of 15.8%. Star Health offers individual

Coal India will be investing up to Rs.50,000 crore of capex over the next five years Coal India will be investing up to Rs.50,000 crore of capex over the next five years, of which Rs.17,000 crore capex is slated for FY22. Coal India has already spent Capex of Rs.7,000 crore so far in FY22. Most

World Investor Week (WIW) An International Organization of Securities Commissions (IOSCO) initiative, is a global investor awareness campaign. WIW is celebrated every year, across the world, by the securities market regulators. The week witnesses a host of investor awareness activities across the globe and the investors are explained about the importance of investor education and