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Bitcoin on Wall St: S&P Dow Jones to launch cryptocurrency indices in 2021

The S&P DJI-branded products will use data from New York-based virtual currency company Lukka on more than 550 of the top traded coins, the companies said
Markets

Bitcoin on Wall St: S&P Dow Jones to launch cryptocurrency indices in 2021

The S&P DJI-branded products will use data from New York-based virtual currency company Lukka on more than 550 of the top traded coins, the companies said

Standard Life cuts 1.38% stake in HDFC Life, raises Rs 1,720 crore

Following the share sale, Standard Life's stake in HDFC Life declined to 8.89% Following the share sale, Standard Life's stake in HDFC Life declined to 8.89%
Markets

Standard Life cuts 1.38% stake in HDFC Life, raises Rs 1,720 crore

Following the share sale, Standard Life's stake in HDFC Life declined to 8.89% Following the share sale, Standard Life's stake in HDFC Life declined to 8.89%

Burger King IPO subscribed 9.4x on Day 2, retail portion by 37.8 times

Wealthy investor and institutional investor portions subscribed 3.6 times and 2.7 times, respectively; Only 10 per cent of the issue is reserved for retail investors
Markets

Burger King IPO subscribed 9.4x on Day 2, retail portion by 37.8 times

Wealthy investor and institutional investor portions subscribed 3.6 times and 2.7 times, respectively; Only 10 per cent of the issue is reserved for retail investors

SC to Franklin Templeton: Get investors' consent for winding up schemes

Franklin Templeton MF closed six debt mutual fund schemes on April 23, citing redemption pressure and lack of liquidity in the bond market.
Markets

SC to Franklin Templeton: Get investors' consent for winding up schemes

Franklin Templeton MF closed six debt mutual fund schemes on April 23, citing redemption pressure and lack of liquidity in the bond market.

Woodside Petroleum matches ONGC unit offer to buy FAR's Sangomar stake

FAR had said last month it would exit the troubled $4.2 billion Sangomar project off Senegal by selling its 15% stake to the ONGC unit for $45 million.
Markets

Woodside Petroleum matches ONGC unit offer to buy FAR's Sangomar stake

FAR had said last month it would exit the troubled $4.2 billion Sangomar project off Senegal by selling its 15% stake to the ONGC unit for $45 million.

Steel Authority of India hits 52-week high; stock zooms 55% in one month

The company registered the best ever saleable steel Q2 production of 3.752 MT in Q2FY21 surpassing the previous best of 3.658 MT achieved during Q2FY18
Markets

Steel Authority of India hits 52-week high; stock zooms 55% in one month

The company registered the best ever saleable steel Q2 production of 3.752 MT in Q2FY21 surpassing the previous best of 3.658 MT achieved during Q2FY18

CLSA sees 46% upside in SBI stock; raises target price to Rs 360

The recent upward revision in target price by CLSA factors in two key developments for SBI - potential upside in earnings and limited downside risks to capital adequacy
Markets

CLSA sees 46% upside in SBI stock; raises target price to Rs 360

The recent upward revision in target price by CLSA factors in two key developments for SBI - potential upside in earnings and limited downside risks to capital adequacy

HDFC Bank dips 1% as RBI asks to halt digital launches, new credit cards

The RBI also took note of the recent outage in the bank's internet banking and payment system on November 21, 2020 due to a power failure in the primary data centre
Markets

HDFC Bank dips 1% as RBI asks to halt digital launches, new credit cards

The RBI also took note of the recent outage in the bank's internet banking and payment system on November 21, 2020 due to a power failure in the primary data centre

Matrimony.com rallies 10% after block deals; stock hits fresh 52-week high

At 09:15 am, around 500,155 equity shares, representing 2.2 per cent stake of the company, changed hands via bulk deal on the BSE, exchange data show
Markets

Matrimony.com rallies 10% after block deals; stock hits fresh 52-week high

At 09:15 am, around 500,155 equity shares, representing 2.2 per cent stake of the company, changed hands via bulk deal on the BSE, exchange data show

Oil prices slip as OPEC+ resume negotiations on output cut extension

Oil prices fell as producers including Saudi Arabia and Russia locked horns over the need to extend record production cuts set in place in the first wave of the Covid-19 pandemic
Markets

Oil prices slip as OPEC+ resume negotiations on output cut extension

Oil prices fell as producers including Saudi Arabia and Russia locked horns over the need to extend record production cuts set in place in the first wave of the Covid-19 pandemic

Maruti Suzuki trades higher for the 4th straight day, hits over 11-mth high

Analysts at Dolat Capital believe the increasing realisation of used cars and recovery in urban demand will aid in faster recovery of replacement demand.
Markets

Maruti Suzuki trades higher for the 4th straight day, hits over 11-mth high

Analysts at Dolat Capital believe the increasing realisation of used cars and recovery in urban demand will aid in faster recovery of replacement demand.

Tata Chemicals surges 13% in two days after Tata Sons hikes stake

On December 2, 2020, Tata Sons purchased 1.8 million equity shares, representing 0.71 per cent equity, of Tata Chemicals at price of Rs 420.92 per share on the NSE via bulk deal
Markets

Tata Chemicals surges 13% in two days after Tata Sons hikes stake

On December 2, 2020, Tata Sons purchased 1.8 million equity shares, representing 0.71 per cent equity, of Tata Chemicals at price of Rs 420.92 per share on the NSE via bulk deal

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