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Ravi Ranjan Prasad
About the AuthorRavi Ranjan Prasad
Reporting Indian stock market developments since 2005 from India' financial capital Mumbai and business related news from 1998.Mutual Funds,IPOs, Sebi also on radar.
    The notification form is being filed in relation to Jaadhus proposed acquisition of a minority, the non-controlling shareholding of approximately 9.99 per cent of the fully diluted equity share capital in Jio Platforms, which is worth USD 5.7 billion.Business
    Blackstone buys majority stake in ASK

    Blackstone acquired 70 per cent stake from promoters and employees valuing the company at $1 billion

    15 Feb 2022 9:01 AM IST

    Sebi proposes to relax minimum public shareholding norms for firms under insolvency. (PTI Photo)Business
    Govt to sell 5% stake in LIC; embedded value at Rs 5.4 L cr

    The LIC policyholders and LIC employees will be offered equity shares at a discount to the public issue price to be set...

    14 Feb 2022 8:20 AM IST

    The changes have been made by the Department of Financial Services under the finance ministry by amending Life Insurance Corporation of India (Employees) Pension (Amendment) Rules. Besides, some other rules under LIC Act, 1956, have been amended. (PTI Photo)Business
    LIC plays contrarian on Sensex firms

    The companies in which LIC raised its stake during the third quarter included Tata Steel, Reliance Industries, Asian...

    14 Feb 2022 7:58 AM IST

    A career in data analytics is highly enriching and profitable, more so than ever before.Business
    Analytics players tap digital boom

    Latent View Analytics raised Rs 600 crore from the primary market last year in a highly successful fund raising exercise

    14 Feb 2022 7:30 AM IST

    US Feds plan to raise interest rates led to heavy selling by the foreign portfolio investors. On Friday too FPIs were net sellers by Rs 5,045.34 crore while the domestic institutions were net buyers by Rs 3358.67 crore. Representational image/DCBusiness
    Worst Fortnight For Market As FPIs change tack

    The market has fallen in seven out of the last eight sessions. Sensex and Nifty-50 closed flat on Friday after a...

    29 Jan 2022 7:58 AM IST

    Sensex surges nearly 400 pts in early trade; Nifty tops 11,500. (PTI Photo)Business
    Stocks recover after steep fall on more Fed rate hike signals

    Stocks globally fell on Thursday after the Federal Reserve stuck to plans for an interest rate increase in March

    28 Jan 2022 10:34 AM IST

    As the Sensex and Nifty-50 traded at an all time high on Wednesday before some profit taking, further profit taking could continue on Friday and may well set a reversal after sharp gains in the first half of August. Representational Image. (Twitter)Business
    FPI selloff erases new year gains of market

    The Sensex has shed close to 2000 points from its January 17 peak of 61308.91

    21 Jan 2022 2:32 AM IST

    Gains to the BSE IT Index were muted at 0.25 per cent due to profit booking in many IT companies which had run up sharply in anticipation of good earnings. HCL Tech websiteBusiness
    Investors book Profit in IT stocks

    Wipro declined 6% while Infosys (1.03 per cent) and TCS (1.05 per cent) gained over 1% each as the market had factored...

    14 Jan 2022 8:51 AM IST

    Though the investment pact is just a memorandum of understanding right now, it outlines the scope of chairman Mukesh Ambanis green ambitions. DC ImageBusiness
    RIL expands green investment scale

    About Rs 5 lakh crore would be used over the next 15 years to build 100 gigawatts of renewable power projects and a...

    14 Jan 2022 8:46 AM IST

    Paytm plans to raise Rs 18,300 crore from the IPO. (Photo: PTI)Business
    Paytm shares Hit New Low On Downgrade

    After a 6 per cent fall on Monday, One 97 Communication fell another 3.32 per cent on Tuesday to close at Rs 1,119.50...

    12 Jan 2022 10:07 AM IST

    Paytm IPO is scheduled to open on November 8. (Photo: Representational)Business
    IPOs in 2021 beat three-year total

    After the Covid 2nd wave, primary market was flooded with IPOs from and more than 40 companies tapped the market in the...

    20 Dec 2021 7:21 AM IST

    The infra majors proposal to merge the Gangavaram Port Limited (GPL) into its Adani Ports and Special Economic Zone (APSEZ) may not be approved by the government. (Photo: PTI)Business
    Firms see Covid as top risk

    The extent to which the coronavirus disease may affect our business and operations in the future is uncertain and cannot...

    13 Dec 2021 1:29 AM IST

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