“RBI Net Purchase of $4.22 Billion in Forex Market: May Bulletin”
18 July 2024 Punjab Khabarnama : The Reserve Bank of India (RBI) bought net $4.222 billion in the spot foreign exchange market in May, according to the central bank’s latest…
“Bids Pour in for Vedanta’s Rs 8,000-Crore QIP”
18 July 2024 Punjab Khabarnama : The qualified institutional placement (QIP) offering of Vedanta has received bids totalling more than Rs 25,000 crore as against the offer size of Rs…
“RBI Bulletin: Vegetable Price Surge Halts Disinflation Trend”
18 July 2024 Punjab Khabarnama : A broad flare-up in vegetables prices has halted the overall disinflation process, The Reserve Bank of India noted in its Monthly Bulletin released on…
“Alphacorp to Invest Rs 350 Crore in Gurugram Luxury Housing”
17 July 2024 Punjab Khabarnama : Realty firm Alphacorp will invest Rs 350 crore to develop a luxury housing project in Gurugram as part of its expansion plan amid strong…
MC Explainer: New Asset Class Proposed by Sebi
17 July 2024 Punjab Khabarnama : Investor interest is high in the new asset class – proposed by capital markets regulator Securities and Exchange Board of India (Sebi) – aimed…
“Jefferies’ Chris Wood Bullish on Contract Manufacturing and Energy Stocks”
17 July 2024 Punjab Khabarnama : Suggesting that the bull market is not drawing to a close anytime soon, Jefferies’ Global Equity Strategist, Chris Wood has his eyes set on…
“India’s Economy Set for Strong Growth Ahead of Budget”
17 July 2024 Punjab Khabarnama : India’s economy is expanding at the fastest rate among major emerging economies, and tax receipts are higher, factors that could prompt Finance Minister Nirmala…
“Religare Research Sets Target of Rs 742 for HDFC Life Insurance”
17 July 2024 Punjab Khabarnama : Single digit growth in premium income: HDFC Life Insurance reported net premium income growth of 9.0% YoY, as the first-year premium and renewal premium…
“Motilal Oswal Recommends Buy on HDFC Life Insurance with Target of Rs 750”
16 july 2024 Punjab Khabarnama : HDFC Life Insurance (HDFCLIFE) in 1QFY25 reported lower-than-expected VNB margins at 25% (est. 26%), with absolute VNB increasing 18% YoY to INR7.2b (in line…
“HDFC Life to Review Distributor Fee Plan After Surrender Value Norm Changes”
16 july 2024 Punjab Khabarnama : Private sector insurer HDFC Life will review its restructuring model for distributor remuneration after sector regulator IRDAI issued draft norms on surrender value, said…