Bears seem to have tighten their grip on three of the Adani Group-owned companies including Adani Power Ltd (APL), Adani Enterprises Ltd (AEL) and Adani Ports and Special Economic Zone Ltd (APSEZ)

The Bombay Stock Exchange (BSE) benchmark index closed near a four-month low on Monday, led by lenders after higher-than-expected inflation dented hopes of near-term rate cuts, adding gloom to a

Fine dine operator Speciality Restaurants on Monday fixed the price band at Rs 146-155 for its initial public offering (IPO), which aims to garner Rs 182 crore. Revealing the price band, the

The headwinds facing India’s economy are known. Slowdown in investments due to bottlenecks related to energy, minerals, land acquisition and a general environment of policy execution

The markets remained in the red for a major part of the week due to several factors like a weakening rupee, a disappointing March Index of Industrial Production, which contracted 3.5 per cent

The two-year-old legal battle between the Securities and Exchange Board of India (Sebi) and the Sahara group is reaching a climax, as the vacation bench of the Supreme Court is scheduled to take up

Lawrence Summers, the former US Treasury Secretary commented last week that once again Europe’s effort to contain its crises have fallen short. A global debate on austerity versus growth is

IDFC
Reco price: Rs 113;
Target: Rs 150
For Q4 FY12, IDFC’s net profit of Rs 340 crore (up 17 per cent y-o-y) was lower