Why the bid war for DHFL may well end up being a curse for the winner

While the lender has Rs 17,000 crore of retail assets and land parcels in Juhu, Borivali, Worli, and Chembur in Mumbai, there may be a disconnect between the quality of DHFL’s books and the......

Bad news for investors; markets are likely to bleed more

The Street was following the Karnataka election closely as a test for the Modi-led BJP’s prospects in the 2019 Lok Sabha poll. Investors, however, are likely to wait for the next round of......

3 reasons why Sensex slipped over 600 points on June 2

Analysts say that the focus now shifts to global events Despite the cut in repo rate by the Reserve Bank of India (RBI) in its second bi-monthly Monetary Policy review on Tuesday, the S&P BSE......

Govt's 2G auction loss is shareholders' gain

The 2G telecom spectrum auction netted the government just Rs 9,407 crore (Rs 94.7 billion) but shareholders of telecom companies are a happy bunch. In just four trading sessions since November 12,......