Category: Stocks

A round-up of the biggest articles from newspapers A round-up of the biggest articles from newspapers Adani Group stocks plummet again as MSCI conducts free float review The stock prices of Adani Group erased nearly all gains in the past two trading sessions after MSCI questioned the uncertain characteristics of some investors in group stocks, […]

Those expansion plans are vital to shore up growth at Europe’s largest lender, which is grappling with a downturn in profits from the Greater China region. February 10, 2023 / 08:33 AM IST “Roaring with national pride. Soaring with global dreams,” blared the HSBC Holdings Plc ad outside an upscale Mumbai suburb in December. The 122-foot […]

MSCI said Wednesday it was reviewing the amount of shares linked to the group that were freely tradable in public markets. February 10, 2023 / 06:30 AM IST Adani Group Chairman Gautam Adani. (File image) Stocks linked to the Adani Group have escaped removal from MSCI Inc. indexes, as the Indian conglomerate continues to deal […]

OVL signed a memorandum of understanding (MoU) with YPF SA of Argentia on the sidelines of the India Energy Week in Bengaluru, a company statement said. PTI February 09, 2023 / 12:42 PM IST ONGC ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC), is eying exploration and production […]

The nation’s $ 600 billion wealth industry is growing at 12% annually, and only a quarter of that wealth is currently managed professionally, Umang Papneja, managing director and chief executive of the Swiss wealth manager’s Indian unit, said in a Bloomberg TV interview on Thursday. February 09, 2023 / 01:19 PM IST Julius Baer Group […]

The PMLA should focus only on serious crimes instead of the long list of scheduled offences it deals with, including white collar offences in the securities market Money laundering is not, as the then Finance Minister emphasised in 2012, limited to conversion of ‘black’ monies to ‘white’. That is dealt with by the income-tax law. […]

Under the partnership, Mufin will finance 3,500 cargo electric three-wheelers to OSM’s B2B customers this year and another 4,000 cargo and passenger E-3Ws to retail customers by 2024 with total financing amount pegged at Rs 300 crore, Omega Seiki said. PTI February 09, 2023 / 01:36 PM IST Electric vehicle maker Omega Seiki Mobility (OSM) […]

The company has received approval from the US Food and Drug Administration (USFDA) for Glycopyrrolate Injection, a generic equivalent of Hikma Pharmaceuticals’ Robinul Injection, the Mumbai-based drug maker said in a statement. PTI February 09, 2023 / 02:20 PM IST Lupin ‘); $ (‘#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 […]

In a statement announcing the latest move, Nokia said shifts in consumer behaviour, from home working to data-rich entertainment services, are driving demand for broadband. PTI February 09, 2023 / 02:22 PM IST Telecom equipment maker Nokia on Thursday said it will extend manufacturing of PON optical line terminals (OLTs) to its factory in Sriperimbudur […]

Federation of Indian Export Organisations seek these demands in a letter to the finance minister. “Competition is becoming steeper. To maintain competitiveness, India needs to review the issue of interest subvention,” says Ajay Sahai, Director-General and CEO, FIEO. February 09, 2023 / 03:28 PM IST Representative image. The Federation of Indian Export Organisations (FIEO) has […]

The Series A funding round was co-led by global venture capital firms B Capital and Quona Capital with participation from existing investors Stellaris Venture Partners and Avaana Capital and new investors Alteria Capital and InnoVen Capital, the company said in a statement. PTI February 09, 2023 / 02:29 PM IST (Photo by Chung Sung-Jun/Getty Images) […]

The rating on Vedanta Resources will likely come under immediate pressure if neither of these transactions progresses over the coming weeks, S&P said in a report. PTI February 09, 2023 / 12:37 PM IST Vedanta Mining billionaire Anil Agarwal-led Vedanta Resources’ liquidity will depend on a USD 2 billion fundraising exercise and the proposed sale […]

The institution wants to test the market in terms of pricing with the small issuance, Rajkiran Rai, managing director at the National Bank for Financing Infrastructure and Development, India’s new development finance institution, said in an interview. February 09, 2023 / 08:58 AM IST Workers construct an overbridge outside the Deendayal Port Authority in Kandla, […]

Finding ultimate beneficial owners is important because of the dangers of tax evasion, drug trafficking, corruption and terrorism. But too many countries still allow camouflaging of these owners and there are clever lawyers and accountants to help On February 3, SEBI issued very elaborate and consolidated guidelines on how intermediaries registered by it should help […]

The manufacturer and ride-hailing company is focused on advanced stages of design and benefiting from the sharing of some technology deployed in its two-wheeler products, Kumar said in an interview in Bengaluru on Wednesday. February 09, 2023 / 06:20 AM IST An Ola electric scooter during the launch at the Ola Campus in Bengaluru, India, […]

There is a danger not just of loosening too soon but of loosening too far Representative image Martin Wolf What can we learn from monetarists about what happened to prices after the COVID-19 pandemic struck? What can we learn from the mistakes made in the 1970s? The purpose of posing these questions is to […]

Over 50,000 rooms have been booked in Bengaluru for the next two weeks. The most preferred choice of location for hotels is in north Bengaluru. ‘); $ (‘#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”); //$ […]

The largest share of members in India are from software and IT, followed by manufacturing, corporate services (consulting, accounting, and HR), finance, and education industries. PTI February 08, 2023 / 12:53 PM IST (Representative image) Professional network LinkedIn on Wednesday announced that it has crossed 100 million members in India. With a jump of 56 […]

Tata Steel feels the £600-million package from UK govt is less than expected, so conversation is going on that front, with the government to see what can be done, CEO and MD TV Narendran said Tata Steel operates a steel plant in Port Talbot in South Wales. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // […]

Buyers have shifted some transactions to the currency, according to people with direct knowledge of the matter. Payments vary from cargo to cargo, depending in part on the demands of specific traders, said the people, who requested anonymity as the details are private. February 08, 2023 / 02:50 PM IST An attendant fills a motorbike […]