- newLIC could make a modest debut amid market uncertainty
LIC's IPO - India's largest ever initial share sale, which was open for subscription between May 4 and May 9, was subscribed nearly 3 times, led by strong demand from the insurer's policyholders and e…
- 2 hours ago 17 May 22, 12:38am -
- newHolcim's $6.4 billion deal with Gautam Adani to be a tax-free transaction?
Tax department officials told ET that the deal was unlikely to face capital gains tax if Holcim had acquired the stakes before 2017, when India and Mauritius renegotiated their bilateral tax treaty an…
- 3 hours ago 17 May 22, 12:21am -
- newCan 2006's decline offer a playbook for D-Street investors?
How much will Indian equities decline from current levels in the wake of accelerating inflation? While market participants are struggling to find an answer, they are looking at a period in 2006, when…
- 3 hours ago 17 May 22, 12:19am -
- newImmediate re-rating unlikely for ACC, Ambuja Cements
Shares of ACC and Ambuja Cements jumped as much as 8% and 5%, respectively, on Monday as the Adani Group's acquisition of both the companies was at a 7-9% premium to Friday's closing price. Analysts s…
- 3 hours ago 17 May 22, 12:14am -
- Inflation gets to the core, project costs may go up
"There is a steep impact of inflation on government infrastructure projects. I see that the input cost has escalated between 15-20%. For fixed price contracts, contractors are paying out of their pock…
- 8 hours ago 16 May 22, 6:44pm -
- BJP chief JP Nadda calls West Bengal MP Arjun Singh for talks
The official topic on the discussion notwithstanding, Singh's visit comes at a time when he has been critical of the state unit of the party too. Ahead of leaving Kolkata for the meeting, Singh on Mon…
- 9 hours ago 16 May 22, 6:28pm -
- European buyers not keen to pick up Darjeeling tea
Prices of Darjeeling tea fell to half at the auctions last week compared with the previous week as a result of weak demand from Europe, raising concerns in the industry.
- 9 hours ago 16 May 22, 6:20pm -
- West Bengal post-poll violence: CBI summons TMC MLA Paresh Pal
Abhijit Sarkar, the first victim of post-poll violence in Bengal, was brutally killed in front of his house in May 2021. Abhijit Sarkar's elder brother Biswajit Sarkar and his mother had claimed repea…
- 9 hours ago 16 May 22, 6:15pm -
- Wheat export ban: India's extreme heat wave having ripple effects on world's food supply
The move to ban the export of wheat was prompted by rising inflation. Retail inflation hit an eight-year high of 7.79 per cent in April, driven by rising food and fuel prices.
- 10 hours ago 16 May 22, 5:12pm -
- Elisabeth Borne appointed France's new prime minister
Borne, 61, succeeds Jean Castex, whose resignation was expected after President Emmanuel Macron's reelection last month. Macron and Borne are expected to appoint the full government in the coming day…
- 10 hours ago 16 May 22, 4:41pm -
- BJP to hold three-day high-level meet in Jaipur from May 19, PM Modi to address virtually
Tripura, Meghalaya, Nagaland, Karnataka, Chhattisgarh, Madhya Pradesh, Mizoram, Rajasthan and Telangana are scheduled to go to assembly polls next year.
- 10 hours ago 16 May 22, 4:34pm -
- Certain groups want Karnataka govt to sideline minorities, says Archbishop
A delegation comprising six people, including bishops and priests, called on Governor Gehlot at the Raj Bhawan and appealed to him to stop the promulgation of the ordinance which was recently passed b…
- 12 hours ago 16 May 22, 3:00pm -
- Asaduddin Owaisi visited Aurangzeb's tomb when Fadnavis was CM, says Maharashtra Congress leader
Owaisi's brother Akbaruddin offered prayers at Aurangzeb's tomb on May 12 and Fadnavis had, at a rally on Sunday, lashed out at the Uddhav Thackeray government for not taking any action against the Te…
- 12 hours ago 16 May 22, 2:54pm -
- BJP has given me everything, will continue performing duties with devotion: Biplab Deb
"I am a BJP karyakarta (worker). I have got everything from the party from being the state in-charge to the chief minister within a very short span of time. Whatever responsibility the party gives me…
- 12 hours ago 16 May 22, 2:53pm -
- Sri Lanka's main Opposition decides to offer conditional support to new government
Wickremesinghe, the United National Party (UNP) leader was appointed as Sri Lanka's 26th prime minister on Thursday as the country was without a government since Monday when President Gotabaya Rajapak…
- 15 hours ago 16 May 22, 12:05pm -