MSCI Index inclusion likely to spur big churn for domestic stocks

IndusInd Bank, Suzlon, and Paytm will remain under focus, as the stocks are pegged to get added to the MSCI global standard index. Illustration: Dominic Xavier/Rediff.com These stocks, along with......

Analysts remain selective about space-related stocks

Recently, the government relaxed foreign direct investment (FDI) norms for the space sector by allowing 100 per cent FDI in manufacture of components, systems or sub-systems for satellites, ground......

Adani group withdraws from M&As, to focus on prepaying debt

On Thursday, Adani Enterprises announced that it will not go ahead with acquiring Macquarie group’s two road companies at an enterprise valuation of Rs 3,100 crore. IMAGE: Group chairman......

Goldman, Macquarie to pick up stake in PTC arm

PTC India Financial services, subsidiary of PTC India, will soon get Goldman Sachs Strategic Investments and Macquarie Securities Asia on board as 'strategic financial partners'. The companies......