1/10 Prime Minister Narendra Modi on Sunday visited the world famous Pyramids of Giza in Egypt. The Great Pyramid of Giza was earlier considered to be one of the seven wonders of the world. The Prime Minister was on a two-day state visit to Egypt. He visited the pyramids accompanied by Egyptian Prime Minister Mostafa […]
Category: 阿拉爱上海
Adani group shares tank over 4% as OCCRP report alleges family bought shares via opaque Mauritius fundsAdani group shares tank over 4% as OCCRP report alleges family bought shares via opaque Mauritius funds
Shares of Adani group companies tanked up to 4% in trade on reports form OCCRP, an investigative reporting platform that suggested hundreds of millions of dollars were invested in publicly traded group stocks through Mauritius-based ‘opaque’ investment funds managed by partners of promoter family of billionaire Gautam Adani. However, the already embattled Adani group denied […]
JPMorgan sees India share sale boom reaching $30 billion in 2024JPMorgan sees India share sale boom reaching $30 billion in 2024
India will see at least $30 billion raised annually through primary and secondary share sales in 2024 and in the years to come, as companies and their shareholders are more willing to tap the market for funding, according to JPMorgan Chase & Co. Sales of additional shares in listed companies in the country have surpassed […]
JSW Energy (Barmer) completes bonus issue of 75.38 crore sharesJSW Energy (Barmer) completes bonus issue of 75.38 crore shares
JSW Energy arm JSW Energy (Barmer) Ltd on Wednesday said it has completed a bonus issue of 75.38 crore shares worth Rs 753.89 crore. “JSW Energy (Barmer) Ltd (JSWEBL), a wholly owned material subsidiary of the company, has completed a bonus issue of 75,38,93,332 fully paid-up equity shares of Rs 10 each amounting to Rs […]
Deal closures taking longer due to higher due diligenceDeal closures taking longer due to higher due diligence
Deal closures are taking longer as investors are taking a lot more time in due diligence than before , said top investment bankers. Control deals typically take six to eight months now as compared to the four to five months’ timeframe that would be taken by investors before the pandemic, Chandresh Ruparel, managing director and […]
HDFC stock gains on the back of Q2 results; Should you buy, sell the stock?HDFC stock gains on the back of Q2 results; Should you buy, sell the stock?
HDFC Bank’s share price surged on the back of 50.60% jump in its Q2 net profit. On a half-yearly basis, the net profit grew 41% to 27,928 crore. This was the first quarterly financial result of the bank post merger with HDFC, which came into effect on July 1. However, the second quarter financial numbers […]
Rupee hits 11-month low on China, oil concernsRupee hits 11-month low on China, oil concerns
The rupee fell to its lowest in nearly 11 months during intra-day trade on Wednesday, owing to a rally in oil prices and weakness in peer currencies, including the Chinese yuan. “USD-INR spot closed at 83.14 to hit its lowest levels in 11 months on the back relentless demand from oil marketing companies and speculative […]
Nifty short-term trend remains positive, support at 19300-19250; ICICI Bank, Tech Mahindra among top stocks to buyNifty short-term trend remains positive, support at 19300-19250; ICICI Bank, Tech Mahindra among top stocks to buy
BY Shrikant Chouhan The benchmark indices continued the positive momentum for the sixth day in a row, the Nifty ends 66 points higher while the Sensex was up by 274 points. Among Sectors, PSU Banks and IT indices outperformed, both the indices rallied over 1 percent whereas Oil and Gas stocks witnessed intraday profit booking […]
Remembering Rakesh Jhunjhunwala: Big bull’s legacy continuesRemembering Rakesh Jhunjhunwala: Big bull’s legacy continues
One of the most successful investors in India, Rakesh Jhunjhunwala left the world on August 14, 2022, at the age of 62. Today is his first death anniversary. However, his legacy lives and will endure for generations to come. Jhunjhunwala, often referred as the ‘big bull’ of Dalal Street, began investing in 1985 with a […]
Stocks to watch: Maruti Suzuki India, Adani Enterprises, Hero MotoCorp, Tata SteelStocks to watch: Maruti Suzuki India, Adani Enterprises, Hero MotoCorp, Tata Steel
Stocks in Focus: GIFT Nifty traded at 19,619.50, marginally up 0.10%, indicating a tepid opening for domestic indices NSE Nifty 50 and BSE Sensex. On Monday, the NSE Nifty 50 fell 0.72% to settle at 19,512.35, while the BSE Sensex tanked 483.24 points to 65,512.39. “Nifty declined as investors shifted to a risk-off mode due […]