Latest Stock Market News

United Spirits Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 53458.81 Crore) operating in Beverages - Alcoholic sector.

“While I am very bullish on the economic cycle I am not so bullish on the market cycle at least in the near term.”

Fitch said that Airtel will also aim to strengthen its fibre infrastructure — connecting towers with fibre and backhaul - in the run-up to launching 5G services, it added. “We believe that capex on 5G infrastructure during 2022-2023 will replace 4G investments, as 4G coverage is largely complete”.

The big question that’s bothering everyone is how are the gains from crypto assets to be calculated?

Meanwhile, Axis Bank has already tapped the international market to raise AT1 bonds. Several other public sector banks are looking at issuing the bonds — both locally and in the international market — following the good response to recent issues. According to bankers, there is fresh interest for AT1 bonds as these offer a higher rate of return and yields are very low in the debt market.

​​​Asish Narayan has been appointed as the resolution professional (RP) in the case by a division bench led by judicial member Suchitra Kanuparthi and a technical member Chandra Bhan Singh. The next date of hearing is 20 September.

Dominance of a few players may not be in the best interest and there is a need to raise competition, says Dilip Asbe.

The record date for the purpose of payment of dividend September 9. The interim dividend will be paid within stipulated timelines as prescribed under law, the filing said.

The company explained that keeping in view of fund requirements of the company due to rapid capacity addition programme, the limit of Rs 30,000 crore is required to be increased.

REC today sold 61.8 million shares of National Hydroelectric Power Corporation at Rs. 27.2 apiece through a bulk deal on the National Stock Exchange.