Category: Stocks

The brokerage firm, however, has cut its price target by 15 percent to Rs 850 ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} if(resData[stkKey][‘percentchange’] >= 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] < 0){ $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); //$ […]

File image of WeWork Founder & CEO Adam Neumann (Source: Reuters) Andrew Ross Sorkin Adam Neumann is back. The founder of WeWork, whose spectacular rise and fall has been chronicled in books, documentaries and a scripted television series, has a new venture — and a surprising backer. Neumann is starting a new company called Flow, […]

The man known as India’s Warren Buffett died of a reported cardiac arrest Sunday at the age of 62. The self-made trader invested in a wide swathe of established businesses and startups, and served on the boards of several Indian firms. August 16, 2022 / 07:35 AM IST Rakesh Jhunjhunwala The death of Indian billionaire […]

Life Insurance Corporation of India: The life insurance major registered an increase of 20.35 percent in total premium income at Rs 98,352 crore in the June FY23 quarter, as against Rs 81,721 crore a year back. The profit for the quarter was Rs 682.88 crore against Rs 2.94 crore in corresponding period last fiscal. The market […]

President hails India’s growth story in first address to nation A new India is rising as the economy is growing at a faster clip, ensuring welfare of all sections of society, President Droupadi Murmu said in her first address to the nation on the eve of the 76th Independence Day. India has set an example […]

Representational image Cryptocurrencies traded in the green early on August 14. The global crypto market cap stood at $ 1.18 trillion, a 0.73 percent increase over yesterday. The total crypto market volume over the last 24 hours reached $ 56.85 billion, down 13.01 percent. The total volume in DeFi stood at $ 5.09 billion, 8.96 […]

Rakesh Jhunjhunwala earned his first big hit in 1986 when he bought 5,000 shares of Tata Tea at Rs 43 which rose to Rs 143 within three months earning him profit. Tributes were pouring in for billionaire investor and market bull Rakesh Jhunjhunwala who passed away early August 14. Often referred to as India’s Warren […]

India’s very own Warren Buffet Rakesh Jhunjhunwala passed away on Sunday following a brief illness, leaving behind 32 stocks with a net worth of over Rs 31,904.8 crore. At end of June quarter, Jhunjhunwala’s net worth stood at Rs 25,425 crore. This was after the steepest 25 percent fall since March 2020 from Rs 33,754 crore a quarter […]

Rakesh Jhunjhunwala, who held 40 per cent stake in Akasa Air, appeared publicly for the last time at the airline’s inaugural flight between Mumbai and Ahmedabad on August 7. India lost the ‘Big Bull’ of stock market, Rakesh Jhunjhunwala, on August 14. The legendary stock market investor died at the age of 62, suffering cardiac […]

Representational image Cryptocurrencies traded in the green early today. The global crypto market cap stood at $ 1.17 trillion, with a 2.50 percent increase over the yesterday. The total crypto market volume over the last 24 hours climbed to $ 65.79 billion, making a 21.45 percent decline. The total volume in DeFi reached $ 6.99 […]

To recover money that was improperly raised by two businesses, Mega Mould India and Remac Realty India, Sebi has extended the deadline for auctioning off their properties to August 31. PTI August 12, 2022 / 04:37 PM IST (Representative Image) Sebi has extended the time till August 31 to auction properties of two companies — […]

Representative image Russia is considering buying the currencies of “friendly” countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability to buy dollars or euros due to sanctions, the central bank said on Friday. The bank said it was sticking to the policy of a free-floating […]

Hindalco Q1: Consolidated revenue rose 40.3 percent on-year to Rs 58,018 crore, as compared to a revenue of Rs 41,358 crore registered in the year-ago quarter, the company said on August 10. Hindalco Industries ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // […]

Nava Q1 earnings: The company said both export and domestic markets for manganese alloys witnessed firm momentum during the quarter ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} if(resData[stkKey][‘percentchange’] >= 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] […]

Source: Reuters Several Chinese state-owned companies including China Life Insurance (601628.SS) and oil giant Sinopec (600028.SS) announced plans on Friday to delist from the U.S. stock market. The companies, which also include Aluminium Corporation of China (Chalco) (601600.SS) and PetroChina (601857.SS), said in separate statements that they would apply for delistings of their American Depository […]

The company that makes warships for the Indian Navy said it posted the highest ever revenue from operations for the June quarter at Rs 2230 crore, which was 84 percent higher from the same period last year. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // […]