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Bank stock falls up to 7.5% after disclosure about misappropriation of funds, cheating and forgery 

Bank stock falls up to 7.5% after disclosure about misappropriation of funds, cheating and forgery 

Shares of a small-cap payments bank plunged 7.5% on Thursday’s early trades to reach an intraday low of ₹ 305.50 apiece. This happened after the company made disclosure about the misappropriation of funds, cheating and forgery.  Fino Payments Bank is an Indian scheduled commercial bank, engaged in providing digital-based financial services. It offers savings accounts, [...]
Microcap stock jumps up to 10% after company inaugurated a new manufacturing facility 

Microcap stock jumps up to 10% after company inaugurated a new manufacturing facility 

The share of the leading manufacturer Pvc based products rose 10 percent on Thursday’s early trade after the company inaugurated its new manufacturing facility in Gujarat.  At 10:55 a.m., Kaka Industries Ltd shares were trading at Rs 186.60 apiece, up 3.09 percent from the previous close price and the company has a market capitalization of [...]
Power stock gets a buy call by Jefferies for an upside of more than 20%; Are you holding it? 

Power stock gets a buy call by Jefferies for an upside of more than 20%; Are you holding it? 

Stocks of this power stock under the ‘large-cap’ category are trading in the green after a well-known brokerage gave a Buy recommendation on the company’s stock with an upside of more than 20 percent.  JSW Energy Limited  With a market capitalization of Rs 66,946.52 crores, the stocks of JSW Energy Limited are currently trading at [...]
Stocks in which Canadian Pension Plan Investment Board holds a stake of up to 2.7%; Do you own any?

Stocks in which Canadian Pension Plan Investment Board holds a stake of up to 2.7%; Do you own any?

India-Canada relations hit a new low with Canada expelling an Indian diplomat over allegations of India's involvement in the killing of the Khalistan Tiger Force chief on Canadian soil. Experts believe that this will likely impact the country’s trade and investments in India as well.  The Canadian Pension Plan Investment Board (CPPIB) has made several [...]
Goldman Sachs settles a Sebi FPI guidelines violation case for Rs. 26.44 lakh.

Goldman Sachs settles a Sebi FPI guidelines violation case for Rs. 26.44 lakh.

After contributing Rs 26.44 lakh toward the settlement sum, Goldman Sachs (Singapore) Pte settled with capital markets regulator Sebi a matter involving some inconsistencies in the monthly ODI (offshore derivative instruments) reporting. The order came after Goldman Sachs, a registered Foreign Portfolio Investor (FPI) that deals in off-shore derivative instruments, proposed to settle the alleged [...]