Did anyone attend the AGM? If you did, please share your notes
Balu Forge Industries shares jump 11%, hit all time high; here’s why (24-09-2024)
Shares of Balu Forge Industries soared up to 11.37 per cent, hitting their lifetime high at Rs 890 per share on the BSE in Tuesday’s intraday trade
European shares jump on China stimulus; luxury stocks shine (24-09-2024)
China’s top financial regulators unveiled their biggest stimulus since the pandemic, saying they would cut bank reserves by 50 basis points while reducing mortgage rates.
Sebi investigates 6 investment banks over handling of SME IPOs: Report (24-09-2024)
SEBI is investigating six domestic investment banks for charging high fees on IPOs by small businesses. The fees, as high as 15%, are much higher than the standard 1-3%. SEBI is also looking to curb coordinated activities between banks and investors to ensure fair practices in the booming IPO market.
Slower deposit growth pushing banks to raise funds from bonds: Icra report (24-09-2024)
Banks are expected to raise up to Rs 1.3 lakh crore from bond issuances in FY25 due to slower deposit growth and higher credit demand, according to a report by Icra. Public sector banks will dominate the market, driven by an appetite for infrastructure bonds amidst tight liquidity conditions.
B C C Fuba India Ltd: PCB Manufacturing Nanocap (24-09-2024)
With the government focusing so much on bringing the semiconductor manufacturing and assembling in India, do we see bright prospects for local PCB manufacturers like BCC? They’re also undergoing significant capacity expansion.
MUDA Scam: BJP demands CM Siddaramaiah’s resignation post Karnataka HC ruling; Congress rejects possibility (24-09-2024)
The Bharatiya Janata Party has called for Karnataka Chief Minister Siddaramaiah’s resignation to ensure a fair investigation into the MUDA scam allegations. This follows the high court’s dismissal of Siddaramaiah’s petition to quash the Governor’s sanctions for a probe, suggesting prima facie evidence against him.
Why Maneesh Dangi is cautious on equities, bullish on bonds, and neutral on gold (24-09-2024)
Maneesh Dangi, Founder of Macro Mosaic, discusses different investment strategies and the market outlook. He emphasizes caution in equities, bullishness on bonds, and neutrality on gold. Dangi highlights the importance of balance sheets for bond investors and predicts potential rate cuts in India and the US due to economic slowdowns.
Urdu mandatory for Anganwadi teachers: BJP slams Congress-led Karnataka govt (24-09-2024)
The Karnataka government’s decision to require Urdu proficiency for Anganwadi teacher candidates in Mudigere and Chikkamagaluru districts has ignited political controversy. The BJP accuses the ruling Congress of Muslim appeasement, while Congress leaders defend the move, stating there’s no pressure to speak a particular language if one knows Kannada.