Business

Why is the market waiting for the D-Mart IPO?

By Selene 0
Mumbai: The country’s most profitable food and grocery retail chain is about to go public. Avenue Supermarts, parent of the Mumbai-based D-Mart chain of supermarkets, announced it will go public on 8 March this year. The company filed a red herring prospectus with capital markets regulator Securities and Exchange Board of India (Sebi) in September Read More

Global gold prices near three-month high, Trump economic policy in focus

By Selene 0
Bengaluru: Gold prices held firm on Monday near three-and-half-month high hit in the previous session, with investors waiting for greater clarity on US President Donald Trump’s economic policy. Spot gold was little changed at $ 1,256 per ounce at 9.10am. The metal hit its highest since 11 November at $ 1,260.10 in the previous session. Read More

Higher input prices weigh on Castrol stock

By Selene 0
Castrol India Ltd delivered a decent set of December quarter results last week. Total operating revenue declined 1% compared to the year-ago quarter to Rs782 crore. The lubricant maker had to face the unfavourable side-effects of demonetisation last quarter with an overall volume growth of 2% year-on-year (y-o-y), which wasn’t particularly impressive. That’s lower than Read More

RIL shares cross Rs4 trillion in market cap

By Selene 0
Mumbai: India’s biggest company by revenue, Reliance Industries Ltd (RIL), on Monday crossed Rs4 trillion in market capitalisation. Last time, the company was seen achieving this milestone on 18 January 2008. RIL is the second company after Tata Consultancy Services Ltd (TCS) to cross Rs4 trillion in market cap. Currently, TCS has a total market Read More

Return on my investments

By Selene 0
Last Modified: Mon, Feb 27 2017. 10 19 AM IST Staff Writer iStock Click here for enlarge Staff Writer Topics: return on investments asset class equity index return gold More From Livemint READ MORE Five charts that justify scepticism vis-à-vis India’s current inflation levels UP assembly elections: Fifth phase of polling starts Term Plan Premiums Read More

Term Plan Premiums

By Selene 0
Last Modified: Mon, Feb 27 2017. 10 20 AM IST Premium rates for a sum assured of Rs1 crore across three age categories for a pure term insurance policy iStock More From Livemint First Published: Mon, Feb 27 2017. 10 20 AM IST Source: Livemint.com Read More

Live: Sensex, Nifty slightly up; Reliance Industries shares rise 5%

By Selene 0
The BSE Sensex and NSE Nifty trade marginally higher in the opening hours of Monday. The Indian rupee trades higher against the US dollar whereas most Asian currencies trade lower. The shares of Amtek Group companies, Reliance Industries Ltd, Cadila Healthcare Ltd, and Oil and Natural Gas Corp. Ltd trade higher. The Lakshmi Vilas Bank Read More