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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.
    Tatva Chintan, a specialty chemicals manufacturing company which raised Rs 500 crore through the initial public offering closed 113.32 per cent up at market close more than doubling investors money. Representational Image. (PTI)Business
    Tatva Chintan more than doubles on market debut

    The chemicals manufacturing company which raised Rs 500 crore through the initial public offering closed 113.32 per cent...

    30 July 2021 3:12 AM IST

    The Nifty Pharma Index fell 4.33 per cent as Dr Reddys stock plunged 10.44 per cent post-results. (Twitter)Business
    China selloff, weak pharma earnings hurt sentiments

    The Indian market was also cautious ahead of the US Federal Reserve-'s two day policy meeting beginning on Tuesday

    28 July 2021 4:47 AM IST

    On Monday the company had allotted shares worth Rs 454.08 crore to anchor investors. (Twitter)Business
    Glenmark Life IPO sees retail rush

    The retail individual investors portion got subscribed 5.30 times and HNI portion 0.88 times

    28 July 2021 4:43 AM IST

    Tata Group stocks gained sharply, rising between 2 to 6 per cent after a favourable Supreme Court verdict. (Photo: AFP)Business
    TATA stocks raise after Supreme Court verdict

    As the SC upheld Tata Sons' decision to remove Cyrus Mistry as the chairman of Tata Sons, shares of Tata Group...

    27 March 2021 4:49 AM IST

    SBI sold 4.5 per cent stake in SBI Life Insurance in September as part of its effort to increase public float as per the regulation.Business
    SBI MF's international fund to tap top S&P 500 firms

    The underlying scheme of investment would be Amundi Funds-US Pioneer Fund

    2 March 2021 7:35 AM IST

    Heightened uncertainty in India caused by the coronavirus pandemic has led to a surge in currency in circulation. (PTI Photo)Business
    15 Chinese biggies among portfolio investors

    People's Bank Of China is also registered as a category 1 FPI

    22 Feb 2021 4:15 AM IST

    Tax authorities raids Chinese entities for money laundering. (PTI Photo)Business
    LIC bats for a unified regulator to oversee all of India-'s financial...

    The insurer is of view that the regulatory process in all these sectors need to be simplified

    10 Nov 2020 10:38 AM IST

    BSE tower. (PTI Photo)Business
    After unpredictable Samvat 2076, India-'s stock markets look forward...

    India has chance to come out stronger and report healthy growth in Samvat 2077, provided we don’t see a big second...

    9 Nov 2020 1:05 PM IST

    Business organisations are going to become more environmentally sustainable and make more of a positive impact on society in the economic recovery from Covid-19, as per survey.Business
    Business organisations to become environmentally sustainable post...

    Survey respondents agreed that professional accountants should be involved in understanding social and environmental...

    23 Oct 2020 12:07 PM IST

    Empty vaccine bottles lie on a tray. Pharma sectors outlook for the second quarter earnings season is quite optimistic given domestic demand, new launches in the US markets and savings on regular expenditure due to Covid related restrictions like travelling, promotional and marketing costs, according to analysts. (AP)Business
    Pharma sector may post Covid-induced rise in Q2 earnings

    Active pharmaceutical ingredient or APIs segment of the companies are expected to deliver strong sustained growth over...

    21 Oct 2020 12:16 PM IST

    Kalyan Jewellers main promoter T S Kalyanaraman.Business
    Kalyan Jewellers gets Sebi nod for Rs 1750 Crore IPO

    The IPO comprises the issue of fresh equity shares aggregating up to Rs 1,000 crore and an offer for sale worth Rs 750...

    20 Oct 2020 11:34 AM IST

    Tata Consultancy Services (Photo- Twitter)Business
    After Reliance, TCS crosses market capitalisation of Rs 10 lakh crore

    TCS shares gained over 7.5 per cent on Monday touching an all time high price of Rs 2,727

    6 Oct 2020 1:08 PM IST

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