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Tata Sons, the holding company of the Tata Group firms, on Friday said discussions on acquiring a stake in the financially troubled Jet Airways have been at a preliminary stage and that no such proposal has been made so far.   In a statement issued here after its Board meeting, the...
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To my night prayers for good health and peace, I am adding a new prayer, to “save us from our ‘service providers’.” Whether it is the municipal corporation, water supply, electricity undertaking or telecom services, most of the government service providers harass citizens with their...
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We had mentioned in last week’s closing report that Nifty, Sensex might come under pressure. The major indices of the Indian stock markets staged a small weekly rally in a volatile market and closed on Friday with gains over last Friday’s close. The trends of the major indices in the course...
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CBI Director Alok Verma was on Friday asked by the Supreme Court to respond to the Central Vigilance Commission's (CVC) inquiry report on allegations of corruption brought against him.   The allegations were levelled by his deputy, Special Director Rakesh Asthana.    A bench...
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In October 2018, Axis Bank and ICICI Bank were the most preferred stocks of Indian mutual funds. The net purchases of Axis Bank were Rs1,504 crore, of which ICICI Prudential Mutual Fund made net purchases worth Rs235 crore. Yes Bank and NTPC were the most sold stocks. The net sales of Yes...
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