Insights

25 Apr Subscribe to Mankind Pharma: ICICI Direct

Posted at 04:13h in Insights

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25 Apr ByteDance pushes Lemon8 app in the U.S. as TikTok faces a ban

Posted at 03:08h in Insights

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[ad_1] While political scrutiny continues to intensify on the widely popular short video app TikTok in the U.S. and across the world, Lemon8 owned by ByteDance is going viral.Jakub Porzycki | Nurphoto | Getty ImagesChinese tech giant ByteDance is pushing another social media app in...

24 Apr Bed Bath & Beyond tries to sell after bankruptcy

Posted at 20:46h in Insights

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[ad_1] Bed Bath & Beyond is confident it can offload its names and stores after it declared bankruptcy, but shareholders are expected to be wiped out as its stock plummets. The home goods retailer, which declared bankruptcy Sunday after a series of failed Hail Mary efforts...

24 Apr Disney lays off more employees. Here’s what the pros have to say

Posted at 20:44h in Insights

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[ad_1] Market Movers rounded up the best reactions from investors and analysts on Disney 's cost-cuting measures and the impact on its stock. The experts discussed the entertainment giant after the company began its second round of layoffs on Monday . Following this wave, it...

24 Apr Rain cools down demand for power; coal stocks higher

Posted at 19:25h in Insights

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[ad_1] The recent wet spells and comparatively cooler patches in April in north India, led to lower-than-expected power demand on average. This lowered the fuel depletion rate at coal-based power plants, bringing much-needed relief to the stressed supply chain.Coal stock with power plants at the...

24 Apr Bangladesh announces Indo-Pacific Outlook with special emphasis on UN Convention on the Law of the Sea

Posted at 16:52h in Insights

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[ad_1] Bangladesh on Monday announced its 15-point Indo-Pacific Outlook (IPO) envisioning a free, open, peaceful, secure, and inclusive Indo-Pacific on the eve of Prime Minister Sheikh Hasina’s tri-nation visit to Japan, the USA and the UK. India’s IPO would open up scope of partnership with...

24 Apr Mankind Pharma IPO: Mankind Pharma raises Rs 1,297 crore from anchor investors ahead of IPO

Posted at 16:14h in Insights

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[ad_1] Ahead of its IPO, Mankind Pharma has allocated 1.2 crore equity shares to 77 anchor investors, which included some marquee foreign and domestic institutions. The anchor allocation was done at Rs 1,080 per share, under which Goldman Sachs, Canada Pension Plan, Government of Singapore,...

24 Apr rbi: RBI imposes Rs 44 lakh penalty on 4 co-op banks

Posted at 15:52h in Insights

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[ad_1] The Reserve Bank has imposed penalties totalling Rs 44 lakh on four cooperative banks, including a Rs 16 lakh penalty on Chennai-based The Tamil Nadu State Apex Co-operative Bank, for contravention of various norms. A penalty of Rs 13 lakh has been imposed on...

24 Apr JM Financial, Indostar in talks to merge mortgage businesses

Posted at 14:59h in Insights

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[ad_1] Non-bank lenders JM Financial and Indostar on Monday announced that they are in "preliminary discussions" to merge their respective mortgage verticals into a single entity. The entity created with the merging of the retail mortgage portfolio of JM Financial Home Loans and mortgage-backed portfolio...

24 Apr Social media raises bank run risk, fueled SVB’s collapse, paper says

Posted at 14:45h in Insights

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[ad_1] People line up outside of a Silicon Valley Bank office on March 13, 2023 in Santa Clara, California.Justin Sullivan | Getty ImagesAfter the sudden end of Silicon Valley Bank in March, market participants were quick to point out the role social media played in...