NEW DELHI: Shares of Inox Wind tumbled 4 per cent on Wednesday after the company said it is raising Rs 402 crore through preferential issue of equity shares and convertible warrants. The firm said its promoters will infuse Rs 150 crore while a foreign company Samena Green will infuse Rs 152.5 crore. Lend Lease Company … Read more
By Atul PM Inflation is like a ‘wolf in a dog’s skin’. You need inflation to boost your consumption demand and output, but it’s also a silent killer of your wealth. India, like all many other economies, is now wrestling with this complex impasse. Meanwhile, on Dalal Street, investors are confused whether to buy every … Read more
Shares of Firstsource Solutions advanced over 4 per cent in Friday’s early trade after ace stock picker Rakesh Jhunjhunwala increased stake in the company to 2.88 per cent during the April-June quarter. Latest shareholding data showed that Jhunjhunwala bought an additional 57 lakh shares in the company during the quarter ended June 30, taking the … Read more
After two long lethargic years, the domestic primary market is keenly awaiting some renowned firms to get listed. These companies have the who’s who of India Inc and Dalal Street associated with them: from India’s top industrialist Mukesh Ambani to Big Bull Rakesh Jhunjhunwala and cricketing biggie MS Dhoni. Market watchers say a frenzy is … Read more