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Tata Steel Ltd., incorporated in the year 1907, is a Large Cap company (having a market cap of Rs 140882.86 Crore) operating in Metals - Ferrous sector.

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“Last week, Reliance saw a little bit of weakness. In fact, Reliance was the reason that the index dragged down from 18,200 to 17,600. As the news is out, I would expect some rear guard buying in Reliance since the news has got discounted.”

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Asian markets mostly fell Monday with fears about renewed containment measures to battle a surge in European Covid cases adding to growing speculation that central banks will have to tighten monetary policy quicker to tame a spike in inflation.

The company is recalling 73,957 bottles of 5 mg strength and 36,786 bottles of 20 mg strength, the US health regulator stated. An affected lot of the medication was manufactured by the drug maker in India and distributed in the US by Princeton, New Jersey-based Sun Pharmaceutical Industries Inc, it said.

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The loss was almost four times the previous year, as weak economic growth during the fiscal year and the pandemic-induced lockdown crippled truck sales in India.

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Paytm founder and chief executive Vijay Shekhar Sharma told employees in a town hall that they need not read too much into the criticism of its business model after its shares crashed on listing last week, and that the company in its history has never had anything easy up front.

Zydus Cadila said it has received approval from the US health regulator to market Decitabine injection, used to treat certain types of cancers, in the American market.

Paytm says October GMV rose 131% to $11.2 billion

Updated at : 2021-11-22 07:20:01

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The number of its monthly transacting users (MTU) grew more than 35% in October this year to 63 million, compared with 47 million the same month last year. GMV per MTU increased to $177 from $104.

Take the passive+ approach to alpha generation

Updated at : 2021-11-21 19:20:01

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"You should be able to avoid the behavioural biases and emotions that often get in the way of optimal investment decision making. A good mid-path that can combine the benefits of both the traditional active approach and the passive approach. Something that we like to call the Passive+ approach. This approach combines the strong suits of both the traditional active management approach and the passive investing approach to create a rule based investment portfolio."

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Kesoram Industries board on Saturday approved to raise fund up to Rs. 2,500 crore to lower the cost of borrowing to replace high-cost NCDs and OCDs. The company said that it can raise the fresh funds by way of equity, bond, foreign currency floats, or other instruments.

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