Share Market Highlights: Nifty settles above 17750, Sensex up 70 pts; Bank Nifty above 42650, Adani Ent, Bajaj Finance gain

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices extended gains on Tuesday and ended the session in green. The NSE Nifty 50 rose 25.85 points 0.15% to 17,769.25 and BSE Sensex climbed 74.61 points 0.12% to  60,130.71. In sectoral indices, Bank Nifty advanced 42.75 points or 0.10% to 42,678.5 and Nifty […]

Balaji Solutions, Enviro Infra Engineers get Sebi nod to float IPO

IT hardware and mobile accessories firm Balaji Solutions and Enviro Infra Engineers, which provides solutions for waste water treatment, have received capital markets regulator Sebi’s go-ahead to raise funds through initial public offerings (IPOs). The two companies, which filed their preliminary IPO papers with Sebi during August and September 2022, obtained the observation letters on […]

After Wipro, Infy targets Cognizant for poaching

With rising attrition at top level and business environment getting tough, two of the top domestic IT firms have accused rival Cognizant of unethical poaching tactics. Following Wipro moving court against its former CFO, Jatin Dalal, joining Cognizant and thus violating the non-compete clause, Infosys has also written to the same firm warning against such […]

Congress’ Sunil Kedar disqualified from Maharashtra assembly after conviction in bank scam

Senior Congress leader and former Maharashtra minister Sunil Kedar has been disqualified from the state legislative assembly following his conviction by a court for misappropriation of funds at the Nagpur District Central Cooperative Bank (NDCCB). A gazette order of the state legislature secretariat issued on Saturday said Kedar stands disqualified as MLA from the date […]

British billionaire Sir Jim Ratcliffe acquires 25% stake in Manchester United for over £1 billion, eyes club’s revitalisation

British petrochemical billionaire Sir Jim Ratcliffe is set to acquire a 25% stake in one of most premier English Football Clubs – Manchester United. The deal was confirmed by Manchester United and Ratcliffe-controlled INEOS, a London-based multinational conglomerate on Sunday. As per the agreement, Ratcliffe has splurged over £1bn to acquire 25% of the club […]

Closer Sebi watch may hit FPI registrations

The Securities and Exchange Board of India (Sebi) has started asking for details of senior managing officials (SMOs) of foreign portfolio investors (FPIs) on a look-through basis for fresh registrations, a move that could hit such registrations in the country. The regulator is keen on knowing the SMOs of the parent entity of the investor […]

The myth of the unprecedented

By Stephen S Roach, I have been in the forecasting business for more than 50 years. Over that period, I have heard the constant refrain that the world is in the midst of “unprecedented changes.” This popular trope frequently resulted in equally hyperbolic corollaries: breathless claims that we have never faced greater risks or such […]

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