Monday, October 12
Emirates Airline President Sir Tim Clark on Sunday reiterated his call for greater market access in India, urging the need for more liberalised bilateral air traffic rights to meet surging travel demand between the two countries.Addressing reporters in the national capital, Clark said, “You have to have open access” when it comes to the Indian aviation market. He added that he remains hopeful the current situation will evolve to allow for increased connectivity.The Dubai-based carrier, which marks 40 years of operations in India this October, currently flies to nine Indian cities. However, both Emirates and Flydubai have been constrained by bilateral caps that restrict weekly seat capacity between India and Dubai.Also Read: Embraer sets up subsidiary in IndiaUnder the current agreement
The Nifty50 wrapped up a volatile week ended May 30 with a 0.4% dip yet closed the month of May on a positive note, clocking a 1.7% gain.The broader sentiment remained buoyed by continued foreign institutional investor (FII) inflows. Data indicates that in the first half of May, FIIs focused their buying in key sectors such as automobiles, auto components, telecom, and financials — reflecting a strategic tilt toward cyclical and defensively strong counters.May 19 — A Pivotal Date Confirmed by Price ActionOver the past three weeks, May 19 was consistently highlighted as a technically significant date. This week’s market action validated that forecast with remarkable accuracy.On May 26 and 27, Nifty’s intraday highs coincided precisely with the May 19 peak. Despite multiple attempts,
Smallcap stocks are once again in the spotlight, outperforming broader indices and drawing strong interest from retail investors. According to Venugopal Manghat, CIO – Equity at HSBC Mutual Fund, the outperformance is not just liquidity-driven but backed by fundamentals, with India’s strong economic growth, falling interest rates, and structural shifts like manufacturing and financialization creating a fertile ground for smaller companies to thrive in FY26 and beyond.Edited excerpts from a chat:Amid rising inflows into mutual funds, the industry has seen rising cash levels in portfolios. Is it really that tough to find good stocks at reasonable valuation now?I believe there are two reasons why funds are sitting on a higher level of cash on an average. Firstly, global uncertainties have
Coal India has submitted the Draft Red Herring Prospectus (DRHP) for the proposed initial public offering (IPO) of its wholly owned subsidiary, Bharat Coking Coal (BCCL), to SEBI and stock exchanges NSE and BSE.The IPO will be a pure offer for sale (OFS) of up to 46.57 crore equity shares by Coal India. No new shares will be issued, meaning the proceeds will go entirely to the parent company. Key details such as the price band and lot size will be disclosed later in consultation with the book-running lead managers.ICICI Securities and IDBI Capital Markets and Securities are the book-running lead managers for the BCCL IPO, while KFin Technologies will act as the registrar.Also Read: India's top 10 priciest stocks in 2025: MRF to Elcid, see who tops the listThis filing comes just a week afte
