Religare Capital Markets

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  Religare Explains Underperformance In Bajaj Auto Shares

  Mihir Jhaveri, director of institutional research at Religare Capital Markets, said exports remain a worry for Bajaj Auto.

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  Opinion: Raise Overall Spending in Rural Areas: Jay Shankar

  Some excise exemptions may be taken away, says Jay Shankar of Religare.

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  Praful Bohra Explains Impact of Rupee Fall on Divis Lab, Dr Reddy's, Lupin

  Praful Bohra of Religare Capital Markets says rupee depreciation will benefits pharma companies because they are net exporters and a lot of them do not have foreign debt.

• Religare Finvest Sells 65 Lakh Shares of ABG for Rs 131 Crore

  According to bulk deal data available with the BSE, Religare Finvest has sold 65,66,654 shares (about 12 per cent stake) of ABG Shipyard at a price of Rs 199.04, translating the transaction at Rs 130.70 crore.

• Religare Partners with Trinity Securities in Thailand

  "We are in discussions to form JVs in Indonesia and Malaysia currently and will announce in due course," Religare Capital Markets CEO Sutha Kandiah told Reuters in an email.

• Fortis to Sell RadLink Unit in Singapore for $83.5 Million

  The deal will be completed on or about May 12, Fortis Healthcare said in a statement on Friday.

• Fortis Sells Singapore Hospital for Rs 251 Crore

  The company said that J P Morgan and Religare Capital Markets acted as financial advisors to Fortis for the transaction.

• ITC's Average Excise Duty Hike Impact on Cigarette at 16%: Religare

  The weighted average excise hike for ITC works out at 16 per cent from the Budget that hiked the duty on cigarettes by up to 25 per cent.

• Monte Carlo IPO Subscribed 0.61 Times on Day 1

  Monte Carlo Fashions Ltd's initial public offer (IPO) was subscribed 0.61 times on its first day on Wednesday.

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  NBFCs Gain; RBI Rules on Expected Lines

  The Reserve Bank of India on Monday has imposed stricter norms for NBFCs, bringing them at par with banks. The central bank has increased the minimum capital requirements and has also reduced the number of days to recognise a loan as bad debt. The new guidelines will be applicable in a phased manner.

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  Earnings, Macroeconomic Data, Global Cues to Influence Stock Markets: Experts

  The last leg of corporate earnings, macroeconomic data and global cues will set the tone for stock markets in a holiday-shortened week ahead, say experts.

• Reliance Capital, Max India Gain As Cabinet Clears Insurance Bill

  Insurance companies like Reliance Capital, Max India, Religare Enterprises will be able to raise capital from their foreign partner to expand their business once this new Insurance Bill becomes an act. This will also encourage new players to enter into the industry.

• Religare Invesco AMC Raises Net Worth to Meet Sebi Norm

  In compliance with capital market regulator Securities and Exchange Board of India's norm, Religare Invesco Asset Management Company has raised its net worth to over Rs 50 crore.

• Cairn India slumps 6% on muted production guidance

  Cairn India's January-March net profit rose 18.4 per cent to Rs 3,035 crore from a year earlier, the company said in a statement after the market close on Wednesday. The oil and gas explorer's net profit was helped by a more than fourfold jump in other income to Rs 320 crore from a year earlier.

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  Markets to see 'major correction' if BJP doesn't win: Religare

  The BSE Sensex on Monday touched a record high of 22,853, while the broader Nifty hit an all-time high of 6,838.