Insights

02 Mar Aurobindo Pharma soars 4% on USFDA nod to manufacture Fingolimod capsules

Posted at 06:10h in Insights

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02 Mar 74 BSE500 stocks gave double-digit returns in February; can gains sustain?

Posted at 04:40h in Insights

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[ad_1] While the Sensex gave moderate returns in February, as many as 74 stocks on the BSE 500 clocked double-digit gains of up to 32%.In the last month, benchmark Sensex net gained just 1%, amid volatility and selling pressure, particularly towards the end of the...

02 Mar Reddit IPO price band: Reddit seeks up to $6.5 billion valuation in IPO, source says

Posted at 03:23h in Insights

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[ad_1] Media platform Reddit is eyeing a valuation of up to $6.5 billion in its initial public offering, two people with the matter told Reuters on Friday, far less than what it was worth a few years ago.The company is looking to set a price...

02 Mar US humanitarian aid airdrops into Gaza will begin “very soon” says Biden

Posted at 01:31h in Insights

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[ad_1] President Joe Biden announced the initiation of US airdrops of humanitarian assistance into Gaza, stating that they will commence "very soon," CNN reported.The decision comes in the wake of Biden's commitment to airdrop food aid to the people of Gaza, with a determination to...

01 Mar Additional Rs 25K crore debt won’t cause much stress on Vodafone Idea: Company

Posted at 19:27h in Insights

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[ad_1] KOLKATA: Vodafone Idea's plans to raise an additional Rs 25,000 crore via the debt route won't cause any financial stress as the telco has sharply cut bank exposure - by almost Rs 35,000 crore - in the past two-and-a-half years and improved operational performance,...

01 Mar Sebi bars Brick Eagle for violations

Posted at 19:07h in Insights

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[ad_1] Market regulator Securities and Exchange Board of India (Sebi) has barred fund manager Brick Eagle LLP for a period of one year after finding it guilty of compliance violations, as per an order uploaded on the regulator's website.It has also taken action against Catalyst...

01 Mar Countdown to TMC’s defeat has started: Modi in West Bengal

Posted at 17:51h in Insights

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[ad_1] Prime Minister Narendra Modi on Friday said that the “countdown of Trinamool government's defeat" and the party’s "farewell" has already started.Addressing a rally in West Bengal’s Arambagh, Modi gave a clarion call for victory of the BJP in all the Lok Sabha seats in...

01 Mar India’s power consumption rises over 8 pc to 127.79 billion units in February

Posted at 15:20h in Insights

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[ad_1] India's power consumption grew over 8 per cent to 127.79 Billion Units (BU) in February as compared to the year-ago period, according to government data. In February 2023, power consumption stood at 118.29 BU, higher than 108.03 BU recorded in the same month a...

01 Mar Laid off CXOs are much in demand as companies look to hire execs with proven track record

Posted at 14:11h in Insights

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[ad_1] With an all-time high churn at top management levels and CXO searches getting unusually long, many Indian conglomerates and large companies are looking to hire senior executives who may have been laid off for reasons beyond their control, top HR heads and leadership search...

01 Mar financial intelligence unit paytm fine: Financial Intelligence Unit imposes Rs 5.49 crore fine on Paytm Payments Bank

Posted at 13:35h in Insights

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[ad_1] The finance ministry's Financial Intelligence Unit-India (FIU-IND) has imposed a fine of Rs 5.49 crore on Paytm Payments Bank for "violating its obligations" under the Prevention of Money Laundering Act. In a statement on Friday, the finance ministry said that the FIU-IND initiated a...