Money managers in India have continued to trim holdings of Adani Group’s stocks, suggesting concerns about governance remain even as the worst of the rout seems to have passed. Investments by local equity mutual funds in the group accounted for only 0.9% of the industry’s $182 billion in assets at the end of March, according […]
Gold prices in India have soared to the highest ever, damping the outlook for demand in the world’s second-biggest consumer. That was especially apparent during the day of Akshaya Tritiya at the weekend, which is considered one of the most auspicious times of the year to buy gold by the nation’s majority Hindu population. “Purchases […]
By Shajesh Menon In the dynamic landscape of Below-the-Line (BTL) marketing, the fusion of creative ingenuity and effective communication serves as the linchpin for transforming a brand’s presence into a resonant impact. This seamless interplay isn’t just about showcasing individual strengths but about an orchestration of each effort enhancing the resonance of the other. In […]
B Capital, a global multi-stage investment firm with investments in India, US, and other Asian markets, today announced the close of its third venture growth fund and related companion funds (“Growth Fund III”), with aggregate capital commitments of $2.1 billion. Together, these funds position B Capital to leverage the firm’s growth investing capabilities across the […]
ITC share price has surged nearly 9% after the Budget 2023 to Rs 383 now, and brokerages are bullish with up to 18-20% further upside on the stock, given the consistent stability in the taxes and demand environment, clubbed with solid cigarette volume growth and a steady CAGR of 13.5% in the FMCG industry. Cigarette […]
It was a year like never before. Globally, it was the year of Barbie’s triumphant return, as Mattel and Warner Bros orchestrated a dazzling revival through larger-than-life advertising. Dunkin’ Donuts stole the spotlight with a memorable Ben Affleck commercial at the MTV Video Music Awards. Back home, Mondelez redefined the boundaries with AI, while Amazon, […]
Domestic equity benchmarks opened in green on Friday amid positive sentiment in global markets. The BSE Sensex rose 184.6 points or 0.30% to 61,318.48 and NSE Nifty 50 advanced 50.75 points or 0.28% to 18,241.75. The top gainers of the Sensex were Bajaj Finance, Bajaj Finserv, Wipro, Tata Steel and State Bank of India while […]
Nifty, Bank Nifty options strategy: Nifty has started the April series on a positive note with the benchmark indices extending previous sessions’ gains, NSE Nifty 50 surpassing the 17500 level, and Bank Nifty trading above 41000. IIFL Securities has shared the Nifty and Bank Nifty options trading strategies for the April series, which it says […]
Wall Street’s main indexes rose on Wednesday, boosted by a rebound in growth stocks as U.S. Treasury yields dipped, with sentiment bolstered by optimism around China’s moves to reopen its economy.Apple Inc and Microsoft Corp advanced over 0.6% each as U.S. 10-year Treasury yields slipped to 3.83% from 3.86% on Tuesday. Among the major S&P […]
MV Chem Pluto, the merchant vessel that came under drone attack last week, docked at the Mumbai port under the protection of the Indian Coast Guard’sICGS Vikram on Monday. According to news agency ANI, the drone-hit vessel docked at the Indira Port sometime after 3 pm today. The news agency says that the officials have […]
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