Raveena

Stories By Raveena

Stock market

80% of Indian large cap funds underperformed benchmarks in 2020: Report

In the equity-linked saving schemes (ELSS) and mid/small-cap funds, the performance was marginally better with the underperformance of 65...Read More


GST to be levied on underlying goods/services in gift vouchers: rules AAAR

GST to be levied on underlying goods/services in gift vouchers: rules AAAR

Kalyan Jewellers India Ltd has approached the Appellate Authority for Advance Ruling (AAAR) against the ruling by the Tamil Nadu state Au...Read More

'Despite price hike, PVs having sustainable demand recovery'

'Despite price hike, PVs having sustainable demand recovery'

Notably, the domestic automobile industry's sales volumes (excluding CVs) grew 10 per cent YoY in February 2021, recording positive growt...Read More

The Future of Banking: Banks owning a bad bank is not a good idea, say experts

Utkarsh Small Finance Bank files draft papers for Rs 1,350 crore-IPO

The Initial Public Offer (IPO) comprises fresh issue of equity shares worth Rs 750 crore and an offer of sale to the tune of Rs 600 crore...Read More

Reliance Capital Limited debenture holders pave way for asset monetisation

Reliance Capital Limited debenture holders pave way for asset monetisation

Reliance Capital had commenced its asset monetisation process - to unlock value of its underlying businesses which targets to make RCAP d...Read More

Mahindra raises vehicle prices from Jan 8

Mahindra raises vehicle prices from Jan 8

The company said in case of 'All New Thar', the current price increase will be effective for all bookings done between December 1, 2020 a...Read More

Piramal Group claims its bid for DHFL highest and compliant with norms

Piramal Group claims its bid for DHFL highest and compliant with norms

Since the conclusion of the fifth and final round of the bidding process last month, Piramal Enterprises and the US-based Oaktree Capital...Read More

India witnessing V-shaped recovery since June: FinMin Report

India witnessing V-shaped recovery since June: FinMin Report

"The sustained improvement in high frequency indicators ignite optimism of an improved performance in second half of the year," it said.

BPCL board approves buying out Oman Oil's stake in Bina refinery

BPCL board approves buying out Oman Oil's stake in Bina refinery

The BPCL board at its meeting on Thursday also approved merging Bharat Gas Resources Ltd (BGRL) with itself, the company said in a filing...Read More

FPIs invest Rs 8,381 crore in five trading sessions of November

P-notes investments touch 27-month high of Rs 83,114 cr in November

P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market...Read More

Moody's terms HDFC Bank's multiple digital outages 'credit negative'

Moody's terms HDFC Bank's multiple digital outages 'credit negative'

The recurring outages also risk hurting the bank's brand perception among a growing and increasingly digitally savvy customer base, and i...Read More

CEO of retailer Zalando resigns to prioritise wife's career

CEO of retailer Zalando resigns to prioritise wife's career

Rubin Ritter, one of three co-chief executives at Zalando, has been in the job since 2010.

Niti Aayog

Economy to reach pre-Covid-levels by end of FY2022: Niti Aayog

The Reserve Bank of India (RBI) has also revised its forecast of economic growth for the current fiscal year (2020-21) to (-)7.5 per cent...Read More

November GST collection at nearly Rs 1.05 lakh Cr

November GST collection at nearly Rs 1.05 lakh Cr

The revenues for the month of November 2020 were 1.4 per cent higher than the GST revenues in the same month last year.

S&P retains India's growth forecast at (-)9 per cent this fiscal

S&P retains India's growth forecast at (-)9 per cent this fiscal

S&P, in its report on Asia Pacific, projected the Indian economy to grow at 10 per cent in the next fiscal.

Byju's raising $200 mn funding from BlackRock, T Rowe Price: Sources

Byju's raising $200 mn funding from BlackRock, T Rowe Price: Sources

According to sources, Byju's has raised USD 200 million in a fresh round of funding that has raised the company's valuation to USD 12 bil...Read More

Gland Pharma IPO price band at Rs 1,490-1,500, offer opens on Nov 9

Gland Pharma IPO price band at Rs 1,490-1,500, offer opens on Nov 9

Srinivas Sadhu, MD and CEO of Gland Pharma, said the company plans to raise up toRs 1,250 crore through issuance of fresh equity and allo...Read More

IndusInd Bank's Q2FY21 consolidated net profit declines by 52.67%

IndusInd Bank's Q2FY21 consolidated net profit declines by 52.67%

Accordingly, IndusInd Bank's consolidated net profit fell to Rs 663 crore as compared to Rs 1,401 crore during the corresponding quarter ...Read More

File photo

Jio becomes first telco to cross 40 crore subscribers mark: Trai data

The overall telecom subscriber base increased marginally to 116.4 crore in July from 116 crore in June.

RBI appoints new PMC Bank administrator, says huge losses posing challenges to revival

RBI appoints new PMC Bank administrator, says huge losses posing challenges to revival

RBI appointed A K Dixit, ex-general manager of Union Bank of India, as the new administrator of the bank with effect from September 23, 2...Read More

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