Several Tata stocks fell up to 10% as Tata Sons IPO looks unlikely, After claiming last week that Tata Sons' listing was imminent, reports now say an IPO is improbable shortly and the company is exploring other options to adhere to RBI normsShares of several Tata group firms fell up to 10 percent on March 11 amid reports that Tata Sons was unlikely to go for an initial public offering shortly. In ...

Asia’s richest man Gautam Adani‘s group is eyeing petrochemical and mining projects in Azerbaijan as the ports-to-energy conglomerate looks to expand the business beyond Indian shores. Adani met Azerbaijan President Ilham Aliyev in Davos last week, according to a statement from the office of the President of Azerbaijan.“During the conversation, the parties discussed Azerbaijan’s attractiv...

Country Delight, a direct-to-home (D2H) consumer tech platform which sells milk under the same brand, is aiming to be profitable by financial year 2023-2024, with the ambition to be a vertically integrated D2H private label company, and expanding into all categories of food essentials. The company is also hoping to list on the stock exchanges by financial year 2024-2025.Started off primarily as a ...

Equity benchmarks concluded the truncated week on a positive note amid volatile global cues. The Nifty settled the monthly expiry week at 17787, up 1.2%. The broader market performed in tandem with the benchmark as the Nifty midcap gained 1%. Sectorally, Auto, PSU, and metal remained at the forefront while FMCG took a breather. The Nifty started the monthly expiry week on a positive note and subse...

Oil prices got a boost in the arm when OPEC decided to cut production by 2 million bpd, a figure that was larger than market had expected. Oil prices climbed on the news but the gains were limited as the market was waiting for US response. OPEC has been undershooting its own production for months so in reality, the market is only getting cut of 1 million bpd instead of 2 million as OPEC is behi...