Screenwriter Kriti Kapoor to make directorial debut with ‘Sorry Not Sorry’

Screenwriter Kriti Kapoor, who has served as assistant director on films like ‘Airlift’, ‘2 States’, and ‘Blood Money’, is making her directorial debut with the film ‘Sorry Not Sorry’. The upcoming comedy-drama produced by Mohaan Nadaar’s Teamo Productions revolves around a small-town girl who gets caught up in the world of social media fame and […]

Brigade Ent to build new project on Pfizer land plot in Chennai

Brigade Enterprises said it has acquired a plot of Rs 139 crores from Pfizer Healthcare India Ltd in Chennai to build a residential project. The 6.54 acre land-plot has been acquired in Sholinganallur, on the Old Mahabalipuram Road. “We will be developing a residential project on this land parcel with an overall development of over […]

Market Outlook: Nifty 50 seen facing resistance at 18,000-18,200

An analysis of the futures & options trends indicate that NSE Nifty 50 index is expected to face resistance at around 18,000-18,200 points this week, and will find support between 17500-17300. With uncertainties around Fed, Budget and global economy persisting, traders appear wary of taking large bets. This implies rangebound action will likely continue into […]

Mid-Year Review: Top 10 stocks to watch out for in second half of 2023

While 2023 has been a wild ride for stock investors in India so far, market volatility doesn’t mean that there aren’t enough front-line stocks with interesting tales of their own this year. There are several stocks that could outperform on the back of strong fundamentals and growth drivers, from sectors ranging from lending, IT services, […]

15 Indian stocks that will benefit from 2024 general elections

The upcoming 2024 general elections in India have major implications for infrastructure, capital goods and construction sector stocks in the country. The infrastructure and housing segments are key areas that will likely see policy action and initiatives to support economic growth in the run-up to elections. Infrastructure Spending Push The ruling BJP is expected to […]

Why are stock markets and bond markets on a collision course on US interest rate cuts?

In the world of finance, the relationship between U.S. Treasury bond yields and the stock market has traditionally been inverse: when bond yields rise, stocks tend to fall, and vice versa. The logic behind this inverse relationship is grounded in fundamental economic principles. Another, more recent reason is that when US treasury bond yields rise, […]

GTPL Hathway likely to deploy custom Android OS on its set-top box

GTPL Hathway, the country’s single largest cable feed provider, said it has tied up with France-based Verimatrix to deploy its video content authority system — a software solution that helps GTPL stream video content to its Android TVs securely. The moves comes as GTPL Hathway ramps up its Android TV box-based service. The company started […]

Rs 17,000 cr – What state elections cost IOC, HPCL & BPCL

The three main state-owned oil refining and marketing companies have so far lost $2.25 bn (Rs 17,000 cr) due to the freeze on petrol and diesel price imposed by the government ahead of state elections in Uttar Pradesh, Punjab and Goa, according to a report by Moody’s. The rating agency pointed out that Indians are […]

Brigade Group enters villa segment with Devanahalli project

Brigade Group, a Bangalore-based real estate developer, announced its entry into plotted development or the villa space, responding to post-COVID changes in the market. The company said it plans to announce several gated community villa projects in the coming months. It will start off with a 66-acre project in Devanahalli, near the Bangalore airport, on […]

Petrol prices could be increased to Rs 130/liter to avoid under-recovery

State-owned oil companies such as Indian Oil, Bharat Petroleum Corporation and Bharat Petroleum are facing an under-recovery of Rs 12-15 per liter of petrol and diesel sold in the market, and may have to raise selling prices by around Rs 30 per liter to plug the under-recovery, according to industry sources. These companies had last […]

FII selling in Indian stock markets will stop this month – analysts

The relentless selling of stocks by foreign institutional investors or FIIs is likely to ‘taper off’ by the end of the current month, according to an analysis of FII fund flows into India by Maximus Securities Research. “The FII selling is expected to taper off by end of March’22, After which we expect normal market […]

Alembic Pharma gets USFDA nod for $797 mn generic BP drug

Alembic Pharmaceuticals said it received tentative approval from the US Food & Drug Administration to launch a generic form of blood pressure tablet Opsumit. The tablet, including generic forms such as macitentan, is one of the bigger sellers in the market with estimated annual sales of $797 mn. Most of the generic drugs sold by […]

ICICI Bank closes in on credit card leader HDFC Bank

ICICI Bank is emerging as a strong challenger for long-time leader HDFC Bank in India’s credit card market, thanks to strong take-up for its co-branded card with Amazon, according to an analysis of RBI’s January numbers. ICICI Bank accounted for 2.41 lakh of the 13 lakh new credit cards added in January 2022. With this, […]