Category: Stocks

Studies in the USA show that less than one out of four founders remain CEOs when the business gets to a liquidity event Representative Image It is a vital choice that entrepreneurs need to make pretty early on in their start-up journey – between enhancing personal wealth or preserving control over their companies. However, more […]

“Green hydrogen is going to be a more global business, a tradable business, so we are looking at opportunities for setting up green hydrogen hubs both in India as well as overseas,” Chairman Sumant Sinha said in an interview with Bloomberg Television. November 03, 2022 / 12:51 PM IST Representative image India’s ReNew Power Pvt […]

The company has received final approval from the US Food & Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for Ketorolac Tromethamine Injection In multiple strengths, the drug maker said in a statement. PTI November 03, 2022 / 01:12 PM IST Representative Image ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); […]

AirAsia India has a fleet of 28 aircraft (File Image of an AirAsia India A320neo aircraft) Capital A, formerly known as AirAsia Group, said it is completing the sale of 16.33 percent equity it held in AirAsia India to Air India for Rs 155 crore in a no-profit, no-loss proposition. This follows transactions in December […]

The transfer of dud loans of over Rs 48,000 crore to the asset reconstruction company (ARC) will happen by November, the lender’s chief executive and managing director Prashant Kumar told reporters here. PTI November 03, 2022 / 02:32 PM IST Yes Bank ‘); $ (‘#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”); […]

Major cryptos slide after Fed’s 75 bps rate hike The US Federal Reserve (Fed) announced that it will continue with its aggressive monetary policy to fight inflation, and both crypto and traditional markets tanked following the decision.Bitcoin, the largest cryptocurrency by market cap, was trading at $ 20,150, down by about 1.5 percent, while Ethereum […]

The credit environment has never looked better, KVS Manian, president for corporate, institutional and investment banking at Kotak Mahindra Bank said on Wednesday. But demand from corporate borrowers is still not very strong, he said. Reuters November 03, 2022 / 09:37 AM IST Kotak Mahindra Bank ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ […]

India bright spot amid global crisis, ideal for foreign investors, says Prime Minister India is the best destination for global investors, Prime Minister Narendra Modi said on the first day of the global investor meet in Karnataka. India has been hailed as a bright spot by economists amid a global crisis. The country’s economic fundamentals […]

Representative Image Direct-to-consumer startup The Sleep Company has raised Rs 177 crore in a mix of debt and equity in its series B funding round led by Premji Invest and Fireside Ventures with participation from venture debt firm Alteria Capital. The company plans to utilise the funding towards expanding its retail presence and strengthening the […]

The company has 47 branches of which 17 were opened in this fiscal. It plans to take its branch network to 60 by the end of this financial year. November 02, 2022 / 03:46 PM IST Representative image Moneyboxx Finance Limited, which provides small-ticket business loans to micro entrepreneurs, on Wednesday said it has secured […]

RBI Governor Shaktikanta Das Amid flak faced by the RBI for missing inflation target, Governor Shaktikanta Das on Wednesday defended its policies saying the economy would have taken a “complete downward turn” if it had started to tighten rates earlier. Das said the Indian economy is being looked at as a story of resilience and […]

Mohammed Alardhi. Middle East Alternative Asset Manager Investcorp has seen its AUM surge from $ 10 billion to $ 42.7 billion in the last seven years. In India, the Bahrain headquartered firm backs several startups like Xpressbees, Wingreens, FreshToHome and Incred. The company, which counts Abu Dhabi sovereign fund Mubadala as one of its investors, […]

Collaborative operational and research projects in these areas may be taken up by Garuda Aerospace, DoAE and Indian Institute of Science, a press release from Garuda Aerospace said. PTI November 02, 2022 / 04:00 PM IST Visitors look at a model of a Rolls-Royce engine at the Taipei Aerospace Technology Exhibition (TATE) August 14, 2003. […]

The pandemic benefited companies like Redington, which sells everything from smartphones to personal computers and software to consumers and businesses. PTI November 02, 2022 / 04:26 PM IST Representative Image India’s biggest Apple and IT products distributor Redington Ltd on Thursday reported a 26% jump in September quarter profit on the back of buoyant domestic […]

Representative Image Adani Transmission on Wednesday reported a 32 per cent dip in its consolidated net profit at Rs 194 crore in September quarter compared to year ago, mainly due to adverse forex movement adjustment. The company explained in a statement that in the second quarter of FY23, consolidated PAT (profit after tax) or net profit […]

MSI started production in December 1983 and crossed the 10-lakh production mark in March 1994. It crossed 1- crore mark in March 2011 and 2-crore milestone in July 2018. PTI November 02, 2022 / 02:37 PM IST Maruti Suzuki India (File image) ‘); $ (‘#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”); […]

The company has received final approval from the US Food and Drug Administration (USFDA) for the product which is a generic version of Horizon Therapeutics’ Buphenyl, the Mumbai-based drug maker said in a statement. PTI November 02, 2022 / 12:48 PM 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”); […]

Representational image: Shutterstock Agro-chemical firm Crystal Crop Protection Ltd on Wednesday said it has raised Rs 300 crore from IFC to fund its expansion and growth plans. International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. According to a […]