GameStop Initiates Search For New CEO: Report
Its stock is up almost 4,000% from a year ago, after it became the poster child of day traders betting on so-called meme stocks. – NDTV Profit – Latest
Month: April 2021
Adani Ports Removed From S&P Index Due To Links With Myanmar Military
The country’s largest private multi-port operator is building a $290 million port in Yangon on land leased from the military-backed Myanmar Economic Corporation (MEC). – NDTV Profit – Latest
SGX Nifty down 5 points; here’s what changed for market while you were sleeping
Asian markets were trading largely higher in Tuesday’s trade despite overnight fall in US stocks. Japan’s Nikkei jumped 1.03 per cent, Hong Kong’s Hang Seng climbed 1.2 per cent; Korea’s … Read More
Asian equities cautious ahead of US earnings & inflation data
Hong Kong’s Hang Seng Index added 0.6% in early trade while the mainland bluechip index CSI300 edged up 0.3% ahead of March trade figures. – Stocks-Markets-Economic Times
Jaypee Infra lenders find little comfort in bidders’ land offer
“Now with the SC disallowing the use of this money by NBCC, it remains to be seen how the company arranges the money. Both the bids opened today have no … Read More
Infosys likely to go for a $1.2-1.9 billion buyback
Nomura expects Infosys to announce a buyback in the range of $1.3 billion to $1.9 billion at a maximum price of Rs 1,650, which is equivalent to 1.5-2 per cent … Read More
FIIs turn bearish on index futures after 5 months
The last time they were net short 5,078 index futures contracts cumulatively was on November 4 last year. Thereafter FIIs been net bullish index futures, with a peak of 91,355 … Read More
Stocks in the news: TCS, Adani Ports, Bandhan Bank, Coforge, YES Bank and Prabhat Dairy
CreditAccess Grameen said its collection efficiency has improved to 94 per cent in the March 2021 quarter. – Stocks-Markets-Economic Times
Central Bank to offer more to the ‘vaccinated’
Public sector bank Central Bank of India is offering 25 basis points (one bps is 0.01 %) extra over card rates for citizens who got vaccinated. Senior citizens to get … Read More
FinMin takes stock of stress in MFI loan book
Microfinance portfolios in Gujarat, Rajasthan, Uttar Pradesh and southern states are performing fairly well if one goes by the credit bureau report, said MFIN chairperson Manoj Nambiar. “But stress is … Read More