US stock markets have soared higher in the last one week since the US Federal Reserve hiked interest rates by another 75 basis points. NASDAQ has zoomed 10% while S&P 500 is up more than 5% and Dow Jones has soared 3%. However, Lisa Shalett, Chief Investment Officer, Morgan Stanley Wealth Management is questioning whether …
Gautam Adani-controlled Adani Group will run open offers next week to acquire a 26% stake in Holcim Group’s Ambuja Cement and ACC after it received the go-ahead fromcapital markets regulator Sebifor the ₹31,139-crore buyout. Adani family-owned Endeavour Trade and Investments will make the offer to buy 516.3 million equity shares of Ambuja Cement for ₹19,879 …
BSE Sensex and NSE Nifty 50 have soared higher in recent days, helped by positive flows from foreign institutional investors, softening inflation, and expectations of less hawkish global central banks. However, after the sharp up-move charted by benchmark indices, analysts are not ruling out a short-term correction on Dalal Street. Amid such a scenario, analysts …
Parag Milk Foods Ltd on Wednesday announced that it has raised a total of Rs 131 crore through preferential allotment from marquee investors and promoters. In a regulatory filing, the company said investors have invested Rs 113 crore and promoters about Rs 18.75 crore looking at the promising growth strategy. “The current proceeds of preferential …
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold prices were trading higher in India on Thursday, as the yellow metal gained in global markets. On Multi Commodity Exchange, gold October futures were up Rs 181 or 0.4 per cent to Rs 51,620 per 10 gram, as against the previous close of Rs 51,439. …
By Aishvarya Dadheech BFSI is presenting a unique investment opportunity as market participants panic about severe post COVID impact. The market is expecting a huge impact on asset quality due to the economic slowdown, job losses and stress on SME/MSME. However, a lot of this pessimism is already priced in. One should invest in BFSI names …
By Ashley Coutinho The Securities and Exchange Board of India (Sebi) plans to define outer limits for the life of close-ended alternative investment funds (AIFs). The regulator is also in favour of putting a cap on the extensions that can be taken by large value funds (LVFs), which pool in money from accredited investors. “Today, …
India has criticised the European Union and UK at the World Trade Organisation for continuing with the safeguard measures on its steel exports. At the meeting of the Committee on Safeguards at the WTO, India was joined in the protest by Switzerland, Brazil, China, Korea and Russia against the safeguards that were imposed when the …
EkStep Foundation launched the Open Network for Education and Skilling Transformation – ONEST – incubated by EkStep and backed by the Open Network for Digital Commerce. With partners including; Open Network for Digital Commerce, Protean, the Foundation for Interoperability in Digital Economy, ONEST aims to facilitate the lives of students, professionals and job seekers from …
With the real estate sector spreading its roots across key markets driven by rising demand and strong sales, investors are now more actively looking for avenues to get big slices of the growth pie. Over the years the real estate sector has become more mature due to the introduction of regulations, and this has begun …