Jack Ma Gets Warning From China Days Before Ant’s Trading Debut: Report
Ant’s leadership team was told the company will face increased scrutiny and be subject to restrictions on capital and leverage similar to banks. – NDTV Profit – Latest
Month: November 2020
Sensex, Nifty Gain For Second Straight Session Led By Banks
Banking shares witnessed strong buying interest for second session in a row. In the last two sessions Nifty Bank has surged 1,782 points or 7.45%. – NDTV Profit – … Read More
Rs 1.15 lakh crore added! Private lenders drive Sensex 500 pts higher
Firm global cues, improvement in PMI index and expectation of a favourable verdict from the Supreme Court in loan moratorium case supported the sentiments on D-Street. – Stocks-Markets-Economic Times
Sanjay Bakshi’s tips on how to benefit from Covid-19 crisis
Fundoo professor Sanjay Bakshi said black swan events teach us to be more frugal. – Stocks-Markets-Economic Times
Dabur Q2 results: Net profit up 20.6%; e-commerce business up 200%
Dabur chief executive Mohit Malhotra attributed the numbers to focus on its core healthcare portfolio, investments behind power brands and distribution expansion. – Stocks-Markets-Economic Times
Credit Suisse turns neutral on IT sector, underweight on healthcare
“Post a 37% bounce, the relative P/E is now the highest since 2013, and the gains going forward are likely to be growth-dependent, which appears unlikely to break out of … Read More
Sebi introduces code of conduct for mutual fund managers, dealers
In a notification dated October 29, Sebi said that chief executive officer (CEO) of the AMC will be responsible to ensure that the code of conduct is followed by fund … Read More
Sensex Surges Over 500 Points, Nifty Rises Above 11,800
Eight of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Bank index’s nearly 3 per cent gain. – NDTV Profit – … Read More
PNB plans to raise Rs 7,000 cr from QIP in Dec, credit growth to be less than 5%
The bank has already taken approval from the board for raising Rs 14,000 crore by way of Tier II, Additional Tier 1 (AT-1) bonds and QIP (Qualified Institutional Placement), PNB … Read More
Sun Pharma Q2 Results: Net profit jumps 70% to Rs 1,813 crore, beats St estimates
Sun Pharma shares traded 2.78 per cent higher at Rs 482.25 after the announcement of its quarterly results. – Stocks-Markets-Economic Times