Promoters trim pledged shares as market rallies after tax cut
Pledged holdings of companies in BSE 500 index declined to 2.28 per cent in December quarter.
Bank funding for large projects may gain momentum
Going ahead, planned or envisaged capex from all sources based on the pipeline projects san...
Apple warns of revenue impact from China virus
Apple is warning investors that it won't meet its second-quarter financial guidance because th...
Edelweiss Q3 profit drops 93% to Rs 17 crore; debt-to-equity ratio improves
Consolidated expenditure of the company increased to Rs 2,598.06 crore in Q3FY20 over Rs 2,439.14 crore in Q3FY19.
HDFC Bank, Mastercard, SAP Concur join hands to manage spending in corporate sector
HDFC Bank will offer a corporate credit card for business travellers, providing a one-stop solution for payment and expense management during business trips. The card will enable seamless integration of all business-related spend into SAP Concur offerings, enhancing employee experience, increasing visibility, saving money, and improving efficiency.
Private equity, VC investments hit record high of $48 billion in 2019: Report
The report titled 'PE/VC Agenda: India Trend Book 2020' said that this is the third consecutive year that the private equity and venture capital sector has outperformed. "In terms of value, PE/VC investments increased by 28 per cent as compared to 2018, while the deal volume increased by 35 per cent.
Financial coronavirus destroying economy of country: TMC MP
Participating in the discussion on the Finance Bill 2020 -21 in Rajya Sabha, Manas Ranjan Bhunia (TMC) said the budget has dashed the hopes of people of the country as they expected that the finance minister would come out with remedial measures to bring the economy out of the current crisis.
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Prolonged slide in financial health of Indian firms comes to end
Care Ratings Debt Quality Index inched up 0.04 points to 88.02 in January, after eight straight months of decline.
How to predict financial markets using MS Excel
To calculate the probability of returns, normal distribution appears appropriate as the asset returns can take both positive and negative values. However, contrary to returns, the asset prices have a lower zero bound.
Government to rename NIFM as Arun Jaitley National Institute of Financial Management
Set up in 1993 as a registered society under the Department of Expenditure, NIFM trains officers of Finance and Accounts Services recruited by the Union Public Service Commission (UPSC) as also officers of Indian Cost Accounts Service.
Complete deployment of crime tracking software by March, PM Modi tells Bihar
“Governments of Bihar, Manipur and Rajasthan should complete data digitisation and migration of old records quickly. Deployment of CCTNS software should be completed in Bihar by March, 2020,” the PM directed. The CCTNS system aims to connect all police stations in the country through an online platform on which all FIRs would be uploaded and be accessible to all.
Share market update: Nifty Financial Services index down; Bajaj Holdings dips 2%
The Nifty Financial Services index was trading 0.42 per cent down at 14517.35.
Budget leg-up for consumption, financial and infra stocks: Prateek Agarwal, ASK Investment Manager
Since over the next two odd quarters the tax benefit will be seen on YoY basis, the market should hold its level and stay buoyant, says Prateek Agarwal, Business Head & Chief Investment Officer, ASK Investment Manager. One should focus on smaller ticket consumption, financials of the retail variety and also some of the better run chemical companies, says Agarwal.
Geojit Financials upgrades Symphony rating to ‘accumulate’, target price Rs 1,480
The brokerage expects earnings to grow at a healthy 25.9% CAGR over FY20-22, supported by launch of new models, improved product mix and continued focus on innovation.
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