The Nifty Financial Services Index has recently approached its resistance level of 25,000, which is a crucial round figure for short-term traders.
Geopolitics is far more important than interest rates in US and Japan: JPMorgan CEO Jamie Dimon (24-09-2024)
In an interview with ET, Jamie Dimon, CEO of JPMorgan, emphasized that geopolitics will shape the global economy more than finance. He highlighted the resilience of the US dollar and discussed interest rate movements in the US and Japan. Dimon also addressed geopolitical risks, oil prices, and India’s economic progress under PM Modi’s leadership.
Unihealth Medical Consultancy – The Caplin of Hospitals? (23-09-2024)
As far as I know both of them are doctors and are first generation businessmen who are in their mid 30s and started this business originally medical tourism consultant in Africa when they were quite young.
Visa Faces an Antitrust Lawsuit by the Justice Dept. (23-09-2024)
The agency plans to argue that the company illegally penalizes customers that try to use rival payment processors.
Kotak Mahindra Bank – Low Cost Liability Banking Franchise (23-09-2024)
ICICI trades at 4 P/B, and they still have ethical issues such as ICICI securities fiasco (against minority shareholder)
The same goes for Axis recently, they had Axis capital issue, their ROE is no where near to be consistent as those two (HDFC & Kotak) , ICICI has been consistent just for three years which is when even PSB’s themselves performed well, when the cycle turns, which it will, then only we can state that they are on par with these two or not, until then
Pennar Industries Limited (23-09-2024)
It’s Potluri Venkateswara Rao, he is been offloading since 2020, still holds more than 2,00,000 shares, which is 0.15% of the company, he offloaded around 27000 shares
Government Watchdog Calls F.A.A. Air Traffic Control Systems Critically Outdated (23-09-2024)
A report by the Government Accountability Office said that the agency’s heavy reliance on the systems could jeopardize the safety and efficiency of the nation’s airspace.
Boeing Says It Has Made Its ‘Best and Final’ Offer to Striking Workers (23-09-2024)
The proposal includes raises of 30 percent over the four-year contract, up from a 25 percent offer, but it’s unclear whether it will satisfy workers.