Archive for January, 2019
01/29/2019
Rakesh Jhunjhunwala latest Public Sector stocks have rallied between 12-20% so far this month, helping the big bull pocket massive returns in a short period of time. The ace investor had picked a stake in Canara Bank earlier last quarter through a Qualified Institutional Placement (QIP). The other addition to Rakesh Jhunjhunwala The big bull
01/29/2019
Neel Gogia Influencer marketing was gaining momentum in the country right when the pandemic came into the picture. While the pandemic hampered a majority of businesses and industries, it gave influencer marketing a nitrogen booster. There was a steep rise in the number of content creators and brands investing in them. However, content creation as
01/29/2019
Paytm shares will list on the stock exchanges tomorrow after India Paytm89 times with Qualified Institutional Investors bidding in the largest numbers. However, falling grey market premium and weak demand from NIIs has left investors wondering if they should sell their shares on listing, or hold for long-term gains. While Paytm IPO was not fully
01/29/2019
Key observations on Q2FY22 earnings performance: Provisions of Rs 1.9 bn were low as SBIN (i) utilised contingent provisions to the tune of Rs 29 bn and (ii) recoveries from a large NBFC account were adjusted. Adjusted for this, provisions were 1.2% of loans (1.6% in Q1FY22). Operating profits, adjusted for the two one-off items
01/29/2019
Bloomberg: A blowout first quarter has brought Microsoft Corp. back into contention in the race for the world The software behemoth is less than $60 billion away from dethroning Apple Inc. for the first time since May 2020, based on a 3.1% gain in early U.S. trading. That gives Microsoft a market value of $2.40
01/22/2019
Petrol and diesel price on Sunday was hiked again by 35 paise a litre and the auto fuels now cost a third more than the rate at which ATF is sold to airlines. The fourth straight day of 35 paise per litre hike sent petrol and diesel rates to record highs across the country. The
01/22/2019
ICICI Prudential Life continued its strong VNB growth journey in Q2FY22 (up 28% y-o-y) aided by a low base, new partnerships and shifting business mix at ICICI Bank. APE growth remains strong, crucial to drive VNB, in the backdrop of increasing ULIP and slowing protection. Higher Covid claims in H1 likely offset positive investment variance
01/22/2019
With a flurry of IPOs in March, it has been a busy month for Dalal Street. But while some initial public offerings brought in listing gains bonanza for investors, others disappointed the allottees, rudely revealing the disconnect with the prevailing grey market premiums. For instance, recently listed Easy Trip Planners got subscribed 159 times and
01/22/2019
Foreign portfolio investors (FPIs) were net sellers in the Indian markets to the tune of Rs 949 crore in the first half of November. As per the depositories data, they pulled out Rs 4,694 crore from equities between November 1-12. At the same time, they pumped Rs 3,745 crore in the debt segment. This translated
01/22/2019
The government is working on providing enabling environment and market access to the gems and jewellery sector, Union minister Piyush Goyal said on Saturday said. The commerce and industry minister was speaking at the foundation stone laying ceremony for a mega common facility centre at Santacruz Electronic Export Processing Zone Special Economic Zone (SEEPZ SEZ)
