Adani Ports to enter Sensex from June 24; Wipro to move out

Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) will replace IT major Wipro in the 30-share BSE Sensex from June 24, according to an official announcement on Friday. Photograph:......

Why Foreign Financial Firms Quit India

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu. Photograph: Nick Zieminski/Reuters Among......

Nykaa Q3 review: Analysts cut Ebitda estimates on weak discretionary demand

Brokerages have maintained their ratings and target prices on FSN E-Commerce Ventures, the parent company of Nykaa, after the fashion and beauty online retailer posted in-line numbers during the......

AIF returns trailed market gains in Dec

Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Illustration: Uttam Ghosh/Rediff.com Close-ended......