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When Materials Rally Loses Momentum Australia Shares Seem Down

On Friday, the Australian shares broke a five-day winning streak. This was observed when the recent rally in material stocks paused for breath, while sentiment was further dampened by a weak finish overnight on Wall Street. The S&P/ASX 200 index fell 0.2 percent or 12.2 points to 5,868.8 at the close…

Bharat-22 ETF follow-on offer could be worth Rs 10,000 crore

It is expected that the Finance Ministry will come out with an Rs 10,000-crore follow-on fund offer of the Bharat-22 exchange-traded fund. This is predicted because it looks to dilute stake in Coal India to meet the minimum public holding norm. Apart from this, the ministry is keen to take the…

There Might Be Difficulty in Finding Investors for Tata Motors

In the overseas markets, it is seen that the Jaguar Land Rover. The engine that keeps Tata Motors going, is showing signs of sputtering. Unfortunately, this will prompt an earnings upgrade estimate for the company. Since January, the Tata Motors stock has lost about 20 percent. Over the last three months,…

Through Domestic Bonds, Reliance Jio Raises Rs 2,500 crore

Reliance Jio, which is an emerging telecom giant, has hit the domestic corporate bond market marking it the largest transaction in this financial year. A reliable source informed that the top-rated company has raised Rs 2,500 crore from Axis Bank, the sole arranger for the five-year money. The deal has been…

Gold prices might trade lower

Many technical analysts expect that the gold prices will trade lower as a selection of a hawk as the next Fed chair has become more likely after the list came down to Powell and Taylor. This factor would boost DX further that will exert the pressure on the precious metal….

Hero Motocorp Plans for Electric Vehicles – Sales of Electric Vehicle raises by 37.5%

Motorcycle market leader Hero Motocorp is planning an aggressive foray into electric mobility both through its in-house R&D facility in Jaipur as well as the Rs 205 crore investment in Bengaluru-based startup Ather Energy. As per few company officials, the plan is to launch both electric scooters and motorcycles. They…

Impact of E-commerce on India Economy – What Are the Challenges Faced by the Industry

ASSOCHAM reports, the e-commerce in India grew amazingly by 88% in the year 2013, in spite of slower financial expansion observed during the same year. The primary drivers of e-commerce in India are smart-phones and computers. In today’s state of e-commerce, every section of the goods and services are covered and…

Aurobindo Pharma And Dr. Reddy’s Labs Slip Over 1%

Pharma majors Aurobindo Pharma, Dr. Reddy’s Laboratories and Cadila Healthcare were trading in the negative territory during afternoon trade on Tuesday, keeping the sectoral index down. The Nifty Pharma index was trading 0.24 percent down at 8,717 around 1 pm. Shares of Lupin, Piramal Enterprises, and Sun Pharmaceutical Industries were also trading in…

All You Need To Know About the Updated FDI Policy and Its Impact

Recently, the Cabinet has brought about a change in the existing FDI policy on single-brand retail trading. Now as per the new policy, under the automatic route, foreign players can have 49 percent stake and FDI beyond 49 percent, while through government approval route, they can have stakes and FDI…

Present Impetus Of the Manufacturing Industry in the Indian Economy

Manufacturing can be defined as a conversion of raw materials or chemicals into products with the help of machines, tools, and equipment on a large scale. In India, 30% of the economy is of the manufacturing sector. The total contribution of this sector in Gross Domestic Product of India is…