Posts

Showing posts from September, 2021

Tata Steel exits Singapore’s NatSteel, nets Rs 1,275 crore

Image
“T S Global Holdings (TSGH), an indirect subsidiary of Tata Steel has entered into a definitive agreement with TopTip Holding Pte Ltd for the s NatSteel Holdings,” the company said in a BSE filing on Thursday. from Stocks-Markets-Economic Times https://ift.tt/39VJWJW

Not just drugs, Alkem Labs churns out crorepatis in heaps as well

Image
The IIFL Wealth Hurun India Rich List 2021, released on Thursday, showed as many as nine individuals on the list sourced their wealth from Alkem Laboratories. The number was eight for Asian Paints and seven for Pidilite Industries. from Stocks-Markets-Economic Times https://ift.tt/3kTMDlL

IPO, startup boom beneficiaries swarm IIFL-Hurun rich list of 2021

Image
Nakul Aggarwal and Ritesh Arora, founders of the startup BrowserStack, had wealth at Rs 12,400 crore each as per the list, making them the richest new entrants to the list. from Stocks-Markets-Economic Times https://ift.tt/39O350q

Byju's Raveendran now richer than Rakesh Jhunjhunwala, Mahindra

Image
Byju Raveendran & family’s wealth stood at Rs 24,300 crore, according to the IIFL Wealth Hurun India Rich List 2021. from Stocks-Markets-Economic Times https://ift.tt/3AUqJEo

Blair’s heir? UK Labour dares to dream - if the party can duck culture wars

Things can only get better for Britain’s opposition - but after two crushing losses in a row, leader Keir Starmer believes it can revive its 1990s momentum. from Sydney Morning Herald - World https://ift.tt/3usUHNj

Chemical sector biggest wealth creator for India's rich in 2021: IIFL-Hurun report

Image
Stocks from the sector have seen a break-neck rally throughout this past year, aided by heavy buying from institutional and retail investors. The sector is steadily becoming the third biggest export story from India, following on the footsteps of the software and pharmaceutical industry. from Stocks-Markets-Economic Times https://ift.tt/2ZJomXr

Manna from heaven! Small biz families see up to 4-fold wealth growth in a year

Image
Since listing, the share price of Prince Pipes and Fittings has increased 293 per cent, or nearly four times, so has the promoter wealth. The family’s personal wealth stood at Rs 5,500 crore. from Stocks-Markets-Economic Times https://ift.tt/3AXdCCm

Buy Jubilant Ingrevia, target price Rs 844: HDFC Securities

Image
Jubilant Ingrevia Ltd. key Products/Revenue Segments include Other Operating Revenue and Sale of services for the year ending 31-Mar-2021. from Stocks-Markets-Economic Times https://ift.tt/39PfHUW

Adani earns Rs 1,002 cr a day, now Asia's 2nd richest: IIFL Wealth-Hurun India report

Image
This is the first time that both Gautam Adani and his Dubai-based brother Vinod Shantilal Adani have broken into the top 10 of the IIFL Wealth Hurun India Rich List, 2021, which showed Adani climbed two spots to the No 2 spot. from Stocks-Markets-Economic Times https://ift.tt/3uwYYiT

FPI’s letter to Sebi on T+1 settlement

Image
Foreign Portfolio Investors(FPIs) are stepping up opposition against market regulator the Securities and Exchange Board of India’s(Sebi’s) plan to introduce a shorter settlement cycle. Three FPI lobby groups -- the Asian Securities Industry and Financial Markets Association (ASIFMA), Traders Forum Asia and the UK-based Investment Association – have sent a joint letter to Sebi chairman Ajay Tyagi alleging that they were not consulted on the new rules. from Stocks-Markets-Economic Times https://ift.tt/2ZL0CSM

New book promises ‘intimate access’ to British Royal family

It charts the 25 years since Diana’s death: from the Queen’s “loosening grip” on the institution, to the Sussexes’ departure and Andrew’s troubles. from Sydney Morning Herald - World https://ift.tt/3ioMbdD

Portugal has nearly run out of people to vaccinate. What comes next?

The country is dismantling its vaccine centres. Lisbon is triumphant: a city of live music and partying. But it’s not enough. from Sydney Morning Herald - World https://ift.tt/39SvG4H

SBI, Union Bank, PNB pick up stake in NARCL

Image
While State Bank of India (SBI) and Union Bank of India picked up 13.27 per cent stake each, representing a cumulative 3.88 crore shares in the National Asset Reconstruction Company Ltd (NARCL), PNB subscribed to 12.06 per cent stake (1,80,00,000 shares). from Stocks-Markets-Economic Times https://ift.tt/3kVFdyk

Dhanlaxmi Bank shareholders reject appointment of statutory auditor

Image
The shareholders rejected the proposal of appointment of statutory auditors P B Vijayaraghavan & Co, Chartered Accountants, Chennai with 65.44 per cent votes cast against the ordinary resolution, Dhanlaxmi Bank said in a regulatory filing, disclosing the scrutiniser's report of the postal ballot. from Stocks-Markets-Economic Times https://ift.tt/3F8Lgrx

US House votes to avert government shutdown, test of Biden’s agenda ahead

Some progressive Democrats have vowed to vote against the bill to invest in the nation’s roads, bridges and other infrastructure. from Sydney Morning Herald - World https://ift.tt/39Wcza5

Russia to host first royal wedding in more than a century

An heir to the Romanovs returns to St Petersburg for a lavish two-day ceremony. from Sydney Morning Herald - World https://ift.tt/3F7tR2f

Horoscope today, October 1, 2021: Here are the astrological predictions for your zodiac signs

Image
Horoscope today, October 1, 2021: Here are the astrological predictions for your zodiac signs from News - Videos - The Times of India https://ift.tt/3onkPse

Kapil Sibal’s statement is unfortunate: Bhupesh Baghel

Image
Kapil Sibal’s statement is unfortunate: Bhupesh Baghel from News - Videos - The Times of India https://ift.tt/2ZLoDcp

Government establishes Valley's first art gallery for Kashmiri artists

Image
Government establishes Valley's first art gallery for Kashmiri artists from News - Videos - The Times of India https://ift.tt/3CZZlp7

J&K girls aspiring to join Indian Army get training under C-DYTE programme

Image
J&K girls aspiring to join Indian Army get training under C-DYTE programme from News - Videos - The Times of India https://ift.tt/3CVa7gg

NSE-BSE bulk deals: Nalanda India Equity Fund sells stake in Just Dial

Image
In another transaction, Kotak Mahindra International sold 680,000 shares of Banswara Syntex at Rs. 153.2 apiece through a bulk deal on the NSE. from Stocks-Markets-Economic Times https://ift.tt/2YbEVe0

Sebi extends deadline for investment advisers to conduct annual compliance audit

Image
For the financial year ending March 31, 2021, the investment advisers (IA) are now required to conduct the annual compliance audit by December 31, 2021, and submit the adverse findings of the audit, if any, by January 31, 2022. from Stocks-Markets-Economic Times https://ift.tt/3zRrTzn

After supermarket stabbing, New Zealand makes it illegal to plan terror attacks

The gap in New Zealand’s anti-terror laws had been widely blamed for this month’s Islamic State-inspired knife attack at an Auckland supermarket. from Sydney Morning Herald - World https://ift.tt/3im2zLY

Nagpur: District court gets additional parking for 300 vehicles

Image
Nagpur: District court gets additional parking for 300 vehicles from News - Videos - The Times of India https://ift.tt/2XYxC99

DHFL under its belt, Piramal aims for diversified retail play

Image
Piramal Enterprises (PEL) has completed the acquisition of Dewan Housing Finance (DHFL) by paying Rs 34,250 crore to creditors of the troubled housing finance company. from Stocks-Markets-Economic Times https://ift.tt/3CSwO4O

HDFC Bank targets 500k new credit cards a month

Image
HDFC Bank added more than 4 lakh credit cards in a month, after the Reserve Bank of India lifted curbs on issuing cards last month on August 17. The bank is now aiming to add 5 lakh credit cards every month. The bank has a total card network of more than 1.5 crores. from Stocks-Markets-Economic Times https://ift.tt/2Y2zjlP

Kanpur Metro Rail Project gets its first prototype train

Image
Kanpur Metro Rail Project gets its first prototype train from News - Videos - The Times of India https://ift.tt/3kTuogk

COVID-19: Jharkhand CM launches 60 Vaccine Express Vehicles

Image
COVID-19: Jharkhand CM launches 60 Vaccine Express Vehicles from News - Videos - The Times of India https://ift.tt/3AU8iQ5

Hooghly artists make painting depicting CM Mamata Banerjee as 'Maa Durga'

Image
Hooghly artists make painting depicting CM Mamata Banerjee as 'Maa Durga' from News - Videos - The Times of India https://ift.tt/2Y5XPDk

Watch: DFI organises drone light show in Delhi

Image
Watch: DFI organises drone light show in Delhi from News - Videos - The Times of India https://ift.tt/3ur1SWd

The US ‘lost’ the Afghanistan war, Milley tells inquiry

And it didn’t lose it in the past few months, its defeat goes back to the Trump-Taliban deal and further over four administrations. from Sydney Morning Herald - World https://ift.tt/2Y0oHEa

Facebook halts plans for 'Instagram Kids' app after criticism

Image
Facebook halts plans for 'Instagram Kids' app after criticism from News - Videos - The Times of India https://ift.tt/3AXqvfL

Rohingya leader who tallied atrocities shot dead in refugee camp

Mohib Ullah’s high profile made him a target of hardliners. “If I die, I’m fine. I will give my life,” he said in 2019. from Sydney Morning Herald - World https://ift.tt/3zX75pY

Resignation threats over COVID vaccine mandates end in jabs

Reports of worker pushback were always suspect, but lately some hard numbers have emerged. from Sydney Morning Herald - World https://ift.tt/3zRyjyj

IRFC reports Rs 4,416 crore net profit for FY21

Image
The company has declared an interim dividend of Rs 1,372.19 crore which works out to 31.07 per cent of profit after tax (PAT) for the financial year 2020-21. from Stocks-Markets-Economic Times https://ift.tt/3umOwdR

Kayak Investments pares stake in Max Healthcare; sells shares worth Rs 2,956cr

Image
According to bulk deal data available with the National Stock Exchange (NSE), Kayak Investments, an affiliate of private equity major KKR, offloaded 8.44 crore shares of Max Healthcare. from Stocks-Markets-Economic Times https://ift.tt/3ifbyyb

IndusInd Bank acquires 4.79% stake in McLeod Russel by invoking pledged shares

Image
"We wish to inform that the bank had yesterday, i.e., September 28, 2021, pursuant to invocation of pledge of shares, acquired 50,00,000 equity shares of McLeod Russel India Ltd," IndusInd Bank said in a regulatory filing. from Stocks-Markets-Economic Times https://ift.tt/2WmUDCc

Starmer heckled by Labour supporters as he closes door on Corbyn era, attacks ‘trivial’ PM

The speech marked a turning point in British politics, as the Labour leader stared down hard-left activists and reclaimed the party for the mainstream. from Sydney Morning Herald - World https://ift.tt/3zOk25n

Horoscope today, September 30, 2021: Here are the astrological predictions for your zodiac signs

Image
Horoscope today, September 30, 2021: Here are the astrological predictions for your zodiac signs from News - Videos - The Times of India https://ift.tt/3F1UV2U

WB post-poll violence: Centre will provide evidence to SC, says BJP’s Sukanta Majumdar

Image
WB post-poll violence: Centre will provide evidence to SC, says BJP’s Sukanta Majumdar from News - Videos - The Times of India https://ift.tt/3ij9q8O

Kapil Sibal urges former Congress leaders to rejoin and strengthen party

Image
Kapil Sibal urges former Congress leaders to rejoin and strengthen party from News - Videos - The Times of India https://ift.tt/3AVn1un

Cabinet approves doubling of Rajkot-Kanalus, Nimach-Ratlam railway lines

Image
Cabinet approves doubling of Rajkot-Kanalus, Nimach-Ratlam railway lines from News - Videos - The Times of India https://ift.tt/3oeZSiZ

Punjab’s situation is an advantage to ISI, Pakistan: Kapil Sibal

Image
Punjab’s situation is an advantage to ISI, Pakistan: Kapil Sibal from News - Videos - The Times of India https://ift.tt/2YcWN8v

Acuite Ratings joins hands with United Nations for ESG in a first

Image
It will act as a signatory to PRI’s “ESG in Credit Risk and Ratings Statement”. Fitch, Moody’s, S&P Global, Kroll Bond are among others, which are existing signatories in the gauge. from Stocks-Markets-Economic Times https://ift.tt/39VwLbT

Two major block deals worth Rs 6,017 crore were executed on Wednesday

Image
Standard Life, which held a 21.23 per cent stake in HDFC AMC, sold 5 per cent of total equity at Rs 2873.79 per share on BSE to raise Rs 3,061 crore. from Stocks-Markets-Economic Times https://ift.tt/3F3oEZm

Buy Great Eastern Shipping Company, target price Rs 390: ICICI Direct

Image
Great Eastern Shipping Company Ltd. key Products/Revenue Segments include Freight & Demurrage, Charter Hire and Other Operating Revenue for the year ending 31-Mar-2021. from Stocks-Markets-Economic Times https://ift.tt/3zYcyNz

Buy SBI Life Insurance Company, target price Rs 1403: Anand Rathi

Image
SBI Life Insurance Company Ltd. key Products/Revenue Segments include Amount transferred from Policyholder Account, Interest, Dividend & Rent and Profit/Loss on Sale/Redemption of Investments for the year ending 31-Mar-2020. from Stocks-Markets-Economic Times https://ift.tt/3zThjba

Buy GAIL (India), target price Rs 200: Emkay Global

Image
GAIL (India) Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 69958.27 Crore) operating in Gas & Petroleum sector. from Stocks-Markets-Economic Times https://ift.tt/3F18bEO

RIL gains 0.8% on reports of deal talk with Glance

Image
Glance is currently backed by Google -- a partner of RIL-- and the investment plan could give Mukesh Ambani’s company access to the lock screen content of Glance for the soon-to-be-released Google Jio smartphone. from Stocks-Markets-Economic Times https://ift.tt/3EWZAmC

Buy Bharti Airtel, target price Rs 698.8: ICICI Direct

Image
Bharti Airtel Ltd. key Products/Revenue Segments include Service Revenue and Sale of Products for the year ending 31-Mar-2021. from Stocks-Markets-Economic Times https://ift.tt/3icUxox

Max Health, Craftsman Automation among 5 stocks that may give 10-40% gains in 12 months

Image
from Stocks-Markets-Economic Times https://ift.tt/3CVyURk

Anti-vaxxers in Eastern Europe risk entire Continent’s efforts to end pandemic

Around 72 per cent of adults in the EU have been fully vaccinated, but low uptake in some eastern EU countries now risks overwhelming hospitals. from Sydney Morning Herald - World https://ift.tt/3igekDH

Researchers find obesity can affect hair thinning, loss

Image
Researchers find obesity can affect hair thinning, loss from News - Videos - The Times of India https://ift.tt/3CSWmyP

DRDO tests new version of Akash Missile in Odisha

Image
DRDO tests new version of Akash Missile in Odisha from News - Videos - The Times of India https://ift.tt/3AU0RJ0

Victims relive the trauma of the ‘forgotten’ 2015 Paris stadium attack

“I am Muslim. I pray five times a day and when I hear people say we’re doing this for Allah … The first rule is not to kill,” Bilal Mokono told the court. from Sydney Morning Herald - World https://ift.tt/2ZvJujE

Videocon case: Sebi slaps Rs 75 lakh fine on Venugopal Dhoot, two entities

Image
"Noticees being insiders had executed off market transactions while in possession of Unpublished Price Sensitive Information (UPSI)," Sebi said. from Stocks-Markets-Economic Times https://ift.tt/2XTAynt

Standard Life to sell 5% stake in HDFC AMC on Wednesday

Image
HDFC AMC operates as a joint venture between Housing Development Finance Corporation (HDFC) and Standard Life Investments. As of June 30, 2021, Standard Life held a 21.23 per cent stake in the mutual fund house, while HDFC owned 52.65 per cent. from Stocks-Markets-Economic Times https://ift.tt/3AP7igj

No, the UK’s energy woes have not really been caused by net zero

The crisis gripping Britain consists of three main problems, and two of them have absolutely nothing to do with climate policy. from Sydney Morning Herald - World https://ift.tt/2XUJxF8

Horoscope today, September 29, 2021: Here are the astrological predictions for your zodiac signs

Image
Horoscope today, September 29, 2021: Here are the astrological predictions for your zodiac signs from News - Videos - The Times of India https://ift.tt/3ukTqbc

ICMR working on reducing cost of rabies vaccines: Health Minister

Image
ICMR working on reducing cost of rabies vaccines: Health Minister from News - Videos - The Times of India https://ift.tt/2WkE8qh

Bhabanipur ruckus: There is no law and order in Bengal, says Sukanta Majumdar

Image
Bhabanipur ruckus: There is no law and order in Bengal, says Sukanta Majumdar from News - Videos - The Times of India https://ift.tt/39NVDT7

A relic of a bygone age? I might be, but I’m not a defeatist

The Coalition is not only turning over control of our defence forces to the US, but shopping our foreign policy too. from Sydney Morning Herald - World https://ift.tt/3EX9WD7

Agencies have changed history of disaster management in country: Amit Shah

Image
Agencies have changed history of disaster management in country: Amit Shah from News - Videos - The Times of India https://ift.tt/3kLcE6K

Lt Gen DP Pandey inaugurates smart classrooms at Army Goodwill School Boniyar

Image
Lt Gen DP Pandey inaugurates smart classrooms at Army Goodwill School Boniyar from News - Videos - The Times of India https://ift.tt/3monrU7