Posts in category Economic Times
India is probably the third largest market for Citigroup’s corporate banking business (07-04-2024)
In the Indian corporate banking scene, Citigroup's global head of corporate banking Jason Rekate highlighted the prominence of companies in infrastructure, pharmaceuticals, and automobiles. Rekate mentioned that these companies are set to make intriguing investments as they focus on shedding non-core but high-quality assets, as reported in an interview with Bhaskar Dutta.
SEBI directs finfluencer to deposit Rs 12 crore ‘unlawful gains’ (07-04-2024)
Ravindra Balu Bharti, a YouTuber and financial influencer, was running a firm called Ravindra Bharti Education Institute Pvt. Ltd. (RBEIPL), founded in 2016 by him and his wife. The company was primarily involved in imparting training related to stock market trading activities. He runs two YouTube channels — Bharti Share Market -Marathi, which has around 10.8 lakh subscribers and Bharti Share Market - Hindi, with 8.33 lakh subscribers.
Adani Green may invest nearly ₹2 lakh cr in renewable energy (07-04-2024)
Adani Green Energy plans significant investments to expand renewable energy capacities, targeting 45 GW by 2030, with a major focus on the Khavda project in Gujarat. Adani New Industries also aims for substantial growth in manufacturing capacities.
Mukesh Ambani’s RIL in spotlight as world’s biggest fund managers hunt for AI winners beyond the US (07-04-2024)
Major investment firms worldwide are seeking the next generation of artificial intelligence (AI) leaders beyond the borders of the United States. Despite the significant rise in the valuation of Nvidia Corp. and a notable increase in a key American semiconductor index, propelled by global enthusiasm for AI, investors are now turning their attention to emerging markets for greater value and a wider array of investment opportunities. Reliance Industries Ltd., led by billionaire Mukesh Ambani, stands out among these emerging players
Ahead of Market: 10 things that will decide stock action on Monday (07-04-2024)
Indian shares rose as central bank rates remained stable. Nifty and Sensex gained 0.8%. HDFC Bank performed well. Analysts expect a sideways market. US markets closed higher, while European stocks fell due to Fed comments. Nagaraj Shetty says "the near-term trend of Nifty remains positive and the ongoing range movement is suggesting the possibility of sharp swing movement on either side. Hence a range expansion could be watched around 22600 and 22300 levels on either side.
5 reasons why gold miners make more money than gold investors (07-04-2024)
Rising commodity prices impact consumers and investors differently. While consumers worry about costs, investors can benefit. Investing in gold mining companies can be more profitable than gold itself due to increased profit margins and debt reduction. Just like oil exploration companies benefit from rising oil prices… gold mining companies too benefit from rising gold prices.
Blackrock, ADIA, domestic funds hike stake in Vedanta (07-04-2024)
The world's largest asset manager BlackRock, as well as the Abu Dhabi Investment Authority, along with domestic mutual funds like ICICI Mutual Fund and Nippon India Mutual Fund have increased their holdings in Vedanta by almost 2 per cent during the last four months, said market participants.
FPIs turn cautious, withdraw Rs 325 cr from Indian equities so far in April (07-04-2024)
FPIs have turned cautious as they pulled out Rs 325 crore from Indian equities in the first week of this month owing to relatively high valuations and the upcoming general elections.