Piramal Group entered into an agreement with Sadbhav Infrastructure Project Ltd. (SIPL) to provide debt financing of Rs. 600 crore for the completion of road projects. The funds will be directed towards extension of facilities as growth capital and disbursement is closely tied to progress of the underlying road projects.

Overall volumes in futures & options currently stand at 71.76 lakh contracts with a turnover of Rs. 4,15,478.29 crore.

Overall volumes in futures & options currently stand at 71.76 lakh contracts with a turnover of Rs. 4,15,478.29 crore.

Going ahead, the identical high of the previous two sessions placed in the region of 10,616-10,620 is a crucial level to watch out. A sustainable move above this zone would take the index towards the levels of 10,700-10,710 which is a crucial resistance level. Stocks in news: Wipro, Bharti Airtel, Amara Raja Batteries, NHPC, Tata Motors and Premier Explosives.

The India stock markets are likely to open on a cautious note following mixed cues from Asian markets and a weak session in the US on Friday. The SGX Nifty Index Future, which was trading at 10,603, suggests Nifty may open with a loss of 19 points. Going ahead, a lot will depend on the data pertaining to CPI and IIP as well as rupee movement. On the earnings front, among Nifty 50 stocks, Coal India and Eicher Motors will release their results today.  

If you have received a Diwali gift from your employer, you may be required to pay gift tax on it. But not all recipients of festive gifts are required to pay gift tax.

With the depreciation in rupee and the downtrend in the equity markets, investing in offshore funds has become lucrative.

Investors are often confused between value investing and growth investing. There are fundamental differences between these two strategies of investing. Let us try to understand the differences between the two and what they entail for the investors.

The Modi government is now at loggerheads with the Reserve Bank of India (RBI) over transfer of the central bank’s reserves to the government. 

If you are unable to pay up even after six months, the lender will give you a two-month grace period to pay up your overdue loan instalments. But if you are still unable to pay the instalments during the grace period, the bank will start recovery proceedings against you.