Yes Bank on Tuesday said its board has approved the sale of stressed assets worth around Rs 48,000 crore to JC Flowers ARC, which has turned out to be the sole bidder for the portfolio. The US-based asset reconstruction company (ARC) had in July this year emerged as the base bidder for the proposed sale [...]
DAO Treasury Management is a process of ensuring that funds present in a DAO is allocated well for its goals and enough to carry out its desired operational activities. DAOs may face liquidity problems at any point in time, especially during its early stages. This can be due to investor withdrawals and withdrawal requests from [...]
With the oil industry ultimately being unsustainable, Saudi Arabia faces the imminent threats of a sharp increase in unemployment, an overall decline in household incomes, and a lasting deterioration in public finance. Thus, the Saudi government has realized the importance of diversifying its economy and shifting the baton of growth to the private sector essential [...]
Elcid Investments, a penny stock that traded at a price of ₹ 2.31 apiece on the Bombay Stock Exchange, had declared a dividend of ₹ 15 per share. This is more than 6.5 times its share price. The shares will trade ex-dividend on September 22, 2022. However, investors cannot invest in the company as its [...]
Benchmark Indices quoted higher on Tuesday and halted a three-day losing streak, tracking strength across global markets. Singapore Exchange (SGX) Nifty futures, which are an early indicator of the Nifty index, witnessed gains ahead of the opening bell on D-Street. The BSE Sensex closed 578.51 points or 0.98% higher at 59719.70 points while the Nifty [...]
If you're seeking an option that will allow you to download YouTube with no requirement for installing software, You're in the right place. In this article, five methods are presented to help those who want to download YouTube videos without the need to install the software. YouTube is the biggest and most popular site to view [...]
The shares of Welspun Corp Ltd. touched a 12-year high of ₹ 281.30 apiece on Tuesday’s early trades. The multibagger stock advanced 8.5% in two days as it secured a significant order for a Carbon Capture Pipeline project in the United States, as per a regulatory filing. As per the shareholding pattern for June, the [...]
The shares of Dish TV India Ltd have been on an uptrend for the last two days. On Monday the shares rallied by approximately 10 percent after the company announced that its Chairman and Director, Jawahar Lal Goel tendered his resignation from the board of the company. On Tuesday, the shares continued to rise and [...]
Bears pounded the shares of Can Fin Homes’ after the company’s MD and CEO Girish Kousgi, on September 19, 2022, informed the board about his decision to resign, citing personal reasons. The shares tanked over 5% to ₹ 545.00 apiece on Tuesday’s early trades. Kousgi will continue to function as the Managing Director & CEO [...]
As per market data, foreign investors own about 18-20 per cent of the Indian stock market. Among them, the Foreign Institutional Investors (FIIs) are tracked the most to get a consensus about the sentiments of the foreign investors. Amid the ongoing volatility in the market here are two multibagger stocks bought by foreign firms: Deepak [...]
The crypt industry has matured significantly over the last decade and reached a very important point in its development — centralized regulations. We cherished the dream of a world adopting decentralized currencies and sacking fiat money, but we are still far away from this utopia. Instead, we have to look for ways how to buy Bitcoin [...]
Hospitality and travel-tech firm OYO has reported a revenue of Rs 1,459.32 crore in the three-month period ended June 30, 2022, according to a regulatory filing. The IPO-bound company, which had last year in October filed preliminary papers with Sebi to raise Rs 8,430 crore through an initial share sale, also posted an "adjusted EBITDA" [...]
McLeod Russel Limited’s (MRIL) shares are nearing their 52-week high as they hit two straight upper circuits, triggered by a bulk deal. The shares are locked at ₹ 34.25 apiece on the National Stock Exchange (NSE) on Monday. The stock reached its 52-week high of ₹ 35.45 on September 30 last year. Carbon Resources (P) [...]
The Indian domestic indices have been volatile as the fears of a recession in the US have crippled investors. While due to the volatility the capital appreciation might have slowed, here are some stocks that will pay dividends soon and will act as a passive source of income for the investors: Gujarat Fluorochemicals Ltd CMP: [...]
India has finally received its long-awaited National Logistics Policy (NLP). The Policy is set as a roadmap for developing a more interconnected and tech-driven framework for building cost and operational efficiency in the logistics sector. Prime Minister Narendra Modi said, “From 13 to 14% logistics cost, we should all aim to bring it to single-digit [...]
The shares of Granules India Limited opened at Rs 320 and zoomed by 2 per cent to reach an intraday high of Rs 327 on Monday. In the span of a month, the stock has moved marginally and gained approximately 5 per cent. In the span of three years, the stock has given a multibagger [...]
The shares of Ambuja Cements Limited zoomed 10 per cent on Monday’s early trades to hit a record high of ₹ 572.00 apiece on the bourses. The stock surpassed its previous 52-week high of ₹ 550.15 apiece that it had touched on Friday, following the Adani Group’s plans to infuse ₹ 20,000 crores in the [...]
Small-cap battery manufacturer, Indo National Limited’s shares zoomed 18.24% on Monday’s early trades and got locked at an upper circuit at ₹ 403.90 apiece. The company manufactures batteries under the well-known brand Nippo. In an exchange filing, the company informed the bourses that its subsidiary Kineco had bagged a ₹ 113 crore order for the [...]
The shares of Polyplex Corporation Ltd have delivered 37,374 per cent returns as they have zoomed from Rs 6 to the current levels of Rs 2,053 a piece in twenty-two years. This shows the power of compounding which can be achieved by long-term investments. If an investor would have invested Rs 1 lakh in the [...]
Former RBI Governor C Rangarajan advocated maintaining the ongoing hawkish stance by the Reserve Bank of India to tame inflation and expected that the rupee will strengthen with resumption of capital inflow. He also said the country has to clock an 8-9 per cent year-on-year growth for the next five years to achieve the target [...]
