On Monday, CEO & MD Ravneet Gill, said the bank has received total bids worth $3 billion.
The work done at the foundation is not just important, it’s urgent.
Celebrity life, in the eyes of a fan, might be all about glitz and glamour. However, it's only when they see beyond the silver screen, when realisation strikes that celebs ain't no different. Actress Kareena Kapoor Khan, born and brought up in a typical Hindu-Punjabi household and married in a Nawab family, too, is quite relatable in that respect. For the tinsel town diva, stepping into a royal household came at a cost, which, she felt, was not too big to worry about.In a recent interview with markets expert Rakesh Jhunjhunwala, who is also the owner of Rare Enterprises, the 39-year-old opened up about her life in the Pataudi palace, as the 'Begum' and as the mother of a Punjabi-Muslim kid Taimur. Bebo talks Pataudi with Rakesh Jhunjhunwala; thanks hubby Saif for life lessons
Market's Big Bull in conversation with Bollywood superstar on humanity and things that matter.
IDFC Securities downgraded the stock to ‘neutral’.
Post Q2 earnings, most analysts have cut their FY20 earnings forecast for Titan.
The bank is keen on allocating $200-$400 million worth of stakes each to some investors
The 30-share Sensex snapped a seven-day winning streak to end 53 points lower at 40,248.
Bebo still does not consider herself as the true 'Begum of Pataudi'.
YES Bank was the biggest index gainer on both Nifty50 and Sensex.
YES Bank’s shares have more than doubled from their decade low of Rs 29.05 seen in early October.
No amount of wealth can give you happiness unless you are contented, says Jhunjhunwala.
I have never seen such volatility, but selectively the market has bottomed out.
Ace investor Rakesh Jhunjhunwala says the continued gloom in the Indian stock market is unprecedented, but hoped that there will soon be light at the end of the tunnel. Jhunjhunwala, referred to as the Big Bull of Dalal Street, maintained his bullish view on the Indian economy, and said there is gloom and doom for those that have an incorrect business model. But, he says he continues to bat on the front foot amid the ongoing market correction. Watch the full interview.Is gloom and doom over for Indian economy? Big Bull Rakesh Jhunjhunwala answers
Jhunjhunwala projected India’s GDP growth to touch 9 per cent by 2022-2023.
Ace investor Rakesh Jhunjhunwala projected India’s GDP growth to touch 9 per cent by 2022-2023. "If India heads to become a $5 trillion economy by 2025, then household savings will have to go into equities," he said. He praised Prime Minister Narendra Modi and his work. "Modi is a distilled socialist after Lal Bahadur Shastri. He is one of the few prime ministers who have seen poverty. Modi knows how to enlarge the size of the cake. He is ready to take bold steps and at the same time knows that investment is key for the economy,” said Jhunjhunwala.India’s GDP growth to touch 9% by 2022-2023: Rakesh Jhunjhunwala predicts
Low interest regime is extremely bullish for gold. I see gold prices at $2,500-3,000.
Rakesh Jhunjhunwala bought 1.30 crore shares or 0.51% stake in private lender YES Bank.
Analysts say uncertainty remains high as the bank reported losses and showed a weakening of asset quality for September quarter.
Big Bull said indicators were pointing towards a turnaround, but it will be slow.
Jhunjhunwala said there is a buying opportunity in this market.
Markets are going to go circular. They are going to take time. But the bottoming out process will start.
Has government done the right thing by not busting the fiscal? Speaking to ET NOW's Nikunj Dalmia Rakesh Jhunjhunwala says that 25-30 bps compromise on fiscal is not a great deal and would recommend some leniency on it.Rakesh Jhunjhunwala on govt support to revive markets: A lot needs to be done
The company saw 15 per cent year-on-year retail growth between August and September.
According to bulk deal data available with the BSE, Rekha Rakesh Jhunjhunwala has purchased a total of 19,65,000 shares of Tata Communications.
Jhunjhunwala took the biggest knock in Dewan Housing Finance Corporation (DHFL).
Some of these companies are also favourites of well-known value investors. BSE Smallcap index is still down 13 per cent year to date and BSE Midcap index down 10 per cent.
Jhunjhunwala was seen trimming stakes in four of his portfolio companies.
Despite an overhang, there are good opportunities in commodities space.
BSE Midcap index logged gains of 2.25 % last week while the BSE Smallcap index gained 3.32 %.
mansa Holdings held 53.88 lakh shares of Tata Communications.
Jhunjhunwala and his better half Rekha own 7.05 per cent stake in the company.
Number wise, companies are going to report good numbers for at least the next two, three quarters.
Some of these firms have strong balance sheets and credible financials to support this frenzy.
India is facing a resurgence in populism as economic growth slows.
We are moving from the old vote bank politics and casteism to new matured politics, says Jhunjhunwala
The fund house bought more than 1 crore shares each of the country’s biggest lender by assets.
DB Realty has been Jhunjhunwala’s worst hit portfolio stock. The scrip is down 44% YTD.
RJ expects huge growth in capital expenditure and foreign investment in the coming decade.
Watch the 'Big Bull' Rakesh Jhunjhunwala as he shares his views on the bull run, investments at new highs and the best themes going into polls. He also says investment and trading are mutually exclusive activities. He advises investors to find their own favourite in the stock market. Listen in!Rakesh Jhunjhunwala Exclusive: Indian economy will outperform over next 10 years
Rakesh Jhunjhunwala has increased his stake in the company from 2.89 per cent to 3.26 per cent.
A consortium led by WestBridge AIF, Rakesh Jhunjhunwala and Madison Capital had last year signed definitive agreements with the shareholders of Star Health.
Many sectors deteriorated in profitability in the 12 months to July, affecting wealth creation.
NDA likely to return but govts have not made much difference, says Jhunjhunwala.
Jhunjhunwala counts Radhakishan Damani and Ramesh Damani as his guides, too.
Ace investor Rakesh Jhunjhunwala is of the view that Prime Minister Narendra Modi will be triumphant in the upcoming general elections. Addressing a gathering at TiECON Summit in Mumbai on Wednesday, the Dalal Street veteran said the Bharatiya Janata Party will surprise with its election tally on the upside.BJP's tally in 2019 Lok Sabha polls will surprise on the upside: Rakesh Jhunjhunwala
Rakesh Jhunjhunwala was already holding 1.90 per cent stake in the company as of June 30.
Adjudication proceedings were started in 2017 for alleged violation of PIT in case of Geometric Ltd.
The ace investor also said that 98% of money made in stock market is by being bullish.
It is difficult to call the market bottom, says Saurabh Mukherjea.
The development came after YES Bank’s promoter Rana Kapoor pledged 10 crore shares.
Jhunjhunwala’s pvt equity firm Rare Enterprises is among bidders for the securities business of IL&FS.
While everyone is looking at the assembly poll results as a major setback for the ruling BJP, ace investor Rakesh Jhunjhunwala thinks the outcome is actually good for the saffron party. "Remember, the BJP had 15 years of incumbency in Rajasthan and MP. It still managed to capture a large vote share," he says. Listen-in to this fire-side conversation with Jhunjhunwala during the India Economic Conclave 2018 in Mumbai Thursday. (Text: ETMarkets.com)Will still bet on BJP for 2019: Rakesh Jhunjhunwala on state poll results
Indian economy is ready to take off and I remain bullish, says the Partner in Rare Enterprises
He, however, warned SIP investors not to try and be over smart and greedy.
He, however, warned SIP investors not to try and be over smart and greedy.
The celebrity investor said India’s economy is on an upward trajectory and most macros look good.
If I am afraid to make a mistake in life, I will be paralysed and I am going to make a mistake! Nobody is God, everybody is going to make a mistake, says Rakesh Jhunjhunwala, Partner, Rare Enterprises, talking to market veteran Madhu Kela.I also want to make one mistake which I can afford: Rakesh Jhunjhunwala
Life is not about regrets, life is about learnings, Jhunjhunwala told market veteran Madhu Kela.
Jhunjhunwala said that India was in its most stable phase in terms of demographic evolution.
State-owned construction firm NBCC has bagged a Rs 400-crore contract .
Ace investor Rakesh Jhunjhunwala is among the investors betting big on Ion Exchange.
Technical analysts see the stock staging a bounce back as it has fallen 18 per cent in the last one month.
The top gainer on the list is environment and water management firm Ion Exchange.
Titan, the crown jewel of Big Bull’s portfolio, tanked 3% after the co cut its FY20 guidance.
Jhunjhunwala was holding 1.19 crore share as of March 31, 2018 against 75 lakh shares as on April 1, 2017.
Shares of the company have rallied nearly 50 per cent in last one year since July 3, 2018.
Jhunjhunwala has been holding the stock at least since 2013.
Ace investor Rakesh Jhunjhunwala on Monday said that the Indian stock market is not in a bear phase and that it is consolidating, before it enters the second phase of rally. At these levels 50-60% of correction in midcaps is done. Prudent investors can escape without paying a heavy price of bad decisionsWatch: Rakesh Jhunjhunwala's most candid interview ever
As many as 13 stocks on the BSE500 hit their fresh all-time highs during the week.
Talking about stocks and sectors, Jhunjhunwala says he is bullish on pharma sector.
ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours
With a drop of 2.93 per cent, ZEEL emerged as top loser in the 50-share pack.
Shares of Titan Company ended down nearly 3 per cent at Rs 1,290.65 on Thursday.
A new stock is now part of Rakesh Jhunjhunwala's portfolio.
The company filed its Draft Red Herring Prospectus for its maiden IPO in August 2017.
He feels that the market is more bearish on Modi's comeback prospects than what it should be.
Jhunjhunwala increased stake in JAL to 1.98% in June quarter from 1.19% in March quarter.
The Big Bull scooped up 19,50,000 shares in March quarter.
Titan is a growth stock and has historically enjoyed high PE multiples.
The ace investor just gave public expression to a view said to be widely held by minority shareholders, suggesting that the deal may not go through.
Amid uncertainty on D-St, there is greater focus on what the seasoned participants have done.
Around 5.50 crore shares were traded in five block deals, according to ETNow.
The number of analysts recommending ‘buy’ ratings on the stock has dropped to eight from 10 three months ago.
Rakesh Jhunjhunwala held 5.82 per cent stake in the company as of September 2018.
Jhunjhunwala is believed to be looking to buy 35 per cent stake in the insurer.
According to merchant banking sources, the initial share-sale is expected to fetch Rs 350 crore.
Market came off their record high levels in March quarter, but Big Bull sat tight on his portfolio.
For the week, Sensex fell 454 points, or 1.18 per cent to 37,883. Nifty fell 135 points.
"You can’t have slowdown in country like India for a longer time,” Jhunjhunwala said.
Rakesh Jhunjhunwala and his better half Rekha sold stakes in NCC, DHFL and in Lupin.
GAIL has hired a newly-built LNG ship from Japan's Mitsui OSK Lines for ferrying gas.
Jhunjhunwala says he was the first person to defend Ratan Tata in the whole Mistry-Tata dispute.
“Like pretty girls, stock markets may excite you but you pay a very heavy price!”
The Warren Buffett of Dalal Street bought 2 crore shares in the June quarter, data showed.
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