Embarking on a mission to bolster India’s energy landscape, the Ministry of Heavy Industries (MHI) has set the stage for a significant leap forward. Through […]
Category: Finance
Market Sentiment Shifts: March 2024 Rate Cut Expectations Plummet to 42%
Investors are adjusting their expectations for a U.S. rate cut amid a robust economy and resistance from central bank officials. This reconsideration is influencing Treasury […]
SEBI Grants Extension: FPIs Get Additional Time for Compliance with Ownership Disclosure Norms
SEBI, the market regulator in India, had initially mandated FPIs with over 50% of their Indian equity AUM in a single group or holding more […]
Bharti Hexacom Announces IPO with Government Share Sale: Check Financial Highlights and Operational Risks
Bharti Hexacom Ltd., a subsidiary of Bharti Airtel, is set to launch its initial public offering (IPO) through an offer-for-sale of shares by the government-owned […]
India’s 15% Tax Surge on Precious Metals: Impact on Imports and Jewelry Exports
India has raised the tax on precious metal coins and gold findings to 15% to manage the import bill and boost competitiveness in the jewelry […]
Sony Calls Off $10 Billion Mega Merger with Zee Entertainment After Two-Year Saga, Leaving Zee Vulnerable to Competition
Sony Group Corp. has formally informed Zee Entertainment Enterprises Ltd. of its decision to cancel the merger with its India unit, concluding a two-year acquisition […]
Moody’s Downgrades China’s Credit Outlook Amid Rising Debt Concerns
Moody’s Investors Service has downgraded China’s credit outlook to negative, citing concerns about the country’s escalating debt levels. The move is driven by worries about […]
ARK Invest Offloads $4.7 Million in Coinbase Shares Amidst Portfolio Adjustments
Cathie Wood’s Ark Invest recently sold $4.7 million of Coinbase shares, aligning with market trends. The sale was executed through the ARK Next Generation Internet […]
𝗠𝗼𝗿𝗴𝗮𝗻 𝗦𝘁𝗮𝗻𝗹𝗲𝘆 𝘂𝗽𝗴𝗿𝗮𝗱𝗲𝘀 𝗜𝗻𝗱𝗶𝗮 𝘁𝗼 ‘𝘀𝘁𝗮𝗻𝗱𝗼𝘂𝘁 𝗼𝘃𝗲𝗿𝘄𝗲𝗶𝗴𝗵𝘁’ 𝗺𝗮𝗿𝗸𝗲𝘁, 𝗰𝗶𝘁𝗲𝘀 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰, 𝗲𝗮𝗿𝗻𝗶𝗻𝗴𝘀 𝗴𝗿𝗼𝘄𝘁𝗵
Global investment bank Morgan Stanley has upgraded India to “standout overweight” in its emerging markets (EM) portfolio, citing the country’s strong economic and earnings growth […]
SEBI Chairperson Exposes Irregularities in IPO Subscription Figures to Inflate Premium: Three Merchant Bankers Under Scrutiny
SEBI Chairperson Madhabi Puri Buch disclosed that the capital markets regulator has identified three merchant bankers consistently engaging in inflating subscriptions during share sales. Speaking […]
Russian Central Bank Bans Apple Devices Over Security Concerns
The Russian Central Bank recently said that its employees can’t use or buy Apple phones and tablets for work after December 25. This is because […]
SBI Boosts Stake in SBI Pension Funds to 80% with INR 229.52 Crore Investment
The State Bank of India (SBI) has announced plans to increase its stake in SBI Pension Funds by 20%, investing Rs 229.52 crore. Currently holding […]