Novelis IPO: A potential booster for Hindalco

Base metals major Hindalco’s overseas subsidiary, Novelis, has submitted a draft registration with the US Securities and Exchange Commission (SEC) for the proposed public offering of......

RBI rate hike, Fed fears spook markets, Sensex plunges Rs 1300 pts

Equities went into a tailspin on Wednesday after the Reserve Bank surprised the market with a mid-cycle rate hike in a bid to tame soaring inflation. The move came just ahead of the US Federal......

LIC largest holder of G-secs, equities, household savings: Report

The IPO-bound national insurer LIC is not only the largest holder of government debt -- owning 19 per cent of the G-secs -- but also the single largest owner of equities, the largest fund manger as......

RBI hints at disconnect between economy and equity rally

The RBI's financial stability report has on Wednesday highlighted the disconnect between the real economy and equity market yet again. IMAGE: A perplexed investor tries to understand stocks......