Category: Stocks

The subsidiary will be set up under Jubilant FoodWorks International Luxembourg. PTI November 21, 2022 / 10:37 PM IST (Representative image) Food services company Jubilant Foodworks has received approval of its board to set up a subsidiary to run Domino’s Pizza business in Nepal, the company said on Monday. The subsidiary will be set up […]

The announcement will not only benefit Indians wanting to visit Canada, but also open up a huge opportunity to airlines from the two countries. India is Canada’s fourth largest international air transport market (Photo: Jason Hafso via Unsplash) On November 14, Canada announced the conclusion of an expanded air transport agreement with India that allows designated […]

The joint venture will combat the textile waste problem in textile circularity and has plans to set up its first fibre rejuvenation facility near one of Arvind’s manufacturing facilities in India, said a joint statement. PTI November 21, 2022 / 12:18 PM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ […]

Equity investors hoping for a better year in 2023 will be disappointed, according to Goldman Sachs Group Inc. strategists, who said the bear market phase is not over yet. “The conditions that are typically consistent with an equity trough have not yet been reached,” strategists including Peter Oppenheimer and Sharon Bell wrote in a note […]

The jury is still out on whether there will be a possible recession. It is, however, possible that the initial euphoria for revenge tourism could slow down later, just as cargo traffic diminished after scheduled services started (Representative image) Indian civil aviation has gone through many revolutions, the first being in 1993, when private players […]

Starbucks India CEO Sushant Dash pointed out that while walk-ins have increased, delivery numbers have also remained high (File Image) Starbucks in India has surpassed pre-pandemic footfall levels and will continue to expand in the country, CEO Sushant Dash told Moneycontrol in an interview. India remains one of the fastest-growing markets for Starbucks globally, he […]

The company currently retails a range of light commercial vehicles under ‘Dost’ brand with right-hand drive option both in domestic and overseas. PTI November 21, 2022 / 10:20 AM IST ‘); $ (‘#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’] […]

India has emerged as the second most coveted investment market after the United States for sovereign wealth funds and public pensions funds in 2022, according to a study by asset manager Invesco published on Monday. Sovereign investors, which now manage some $ 33 trillion in assets, have also seen a rapid rise in allocations to […]

Representative Image: Shutterstock Eight of the 10 most valued firms together added Rs 42,173.42 crore in market valuation last week, with ICICI Bank, Infosys and TCS emerging as the biggest gainers. Barring Reliance Industries and Hindustan Unilever Limited, rest eight firms, including HDFC Bank, ICICI Bank, State Bank of India and HDFC, made gains in […]

Representative image Appellate tribunal NCLAT has upheld the NCLT order to allow Jindal Stainless to participate in the auction of debt-ridden Rathi Super Steel even after a bidder was selected.  The National Company Law Appellate Tribunal (NCLAT) said the NCLT “did not commit any error” as sales were not completed and the object was to […]

Representational picture Industry body CII has pitched for a reduction in personal income tax rates, decriminalisation of the goods and services tax and a relook at the capital gains tax rates as part of its agenda presented to the government for the forthcoming Budget.  Arguing that the GST law already contains adequate penal provisions for […]

Leaders from around the Asia-Pacific were wrapping up a summit in Bangkok, Thailand, with talks Saturday on how to steer the region’s economies through the turmoil of war, pandemics and other threats to peace and stability. The 21-member Asia-Pacific Economic Cooperation forum ‘s long-term mission is promoting closer economic ties, but its summits often are […]

Representative Image: Reuters The Securities and Exchange Board of India (SEBI) is planning to roll out guidelines to regulate financial influencers aka finfluencers. On the one hand content creators say it is a welcome move, while others are concerned on the extent of regulation. “While there should be regulation,” said Sharan Hegde, a finfluencer who runs a YouTube channel called Finance with Sharan, “there […]

A delegate wears a crypto themed t-shirt at the Australian Crpyto Convention in Gold Coast, Australia, on Saturday, Sept. 17, 2022. The convention runs through Sept. 18, 2022. Photographer: Ian Waldie/Bloomberg Moves by cryptocurrency exchanges to reassure markets about their stability are having little effect on jittery users, who keep pulling funds from the venues. […]

India’s foreign exchange reserves soared by USD 14.72 billion to reach USD 544.72 billion for the week to November 11, making it the steepest accretion since August 2021. However, the reserves have fallen by over USD 110 billion since March as the RBI has been propping up the rupee amid global volatility. According to the […]

Leaders of the 21-member APEC bloc pledged on Saturday to boost trade and do more to tackle other economic challenges, wrapping up the last of three summits in the region in a week that have been overshadowed by intense geopolitical rivalry. The summits have been attended by global leaders, and the talks have often been […]

The Berkshire website describes its operator as a Texas-based broker founded in 2020 to give investors “an opportunity to achieve a completely passive income from investment in cryptocurrency mining.” Reuters November 19, 2022 / 02:02 PM IST Berkshire Hathaway Inc (BRKa.N), run by billionaire Warren Buffett, on Friday warned investors it has no affiliation with a […]