‘A fair bit should be allocated towards fixed income.’
Posts tagged Rediff
How Much Assets Companies Added Since Pandemic (24-01-2023)
The Adani Group led in adding net fixed assets, which are up more than 90 per cent since September 2019 or before COVID-19.
‘Pent-up demand in real estate to continue in 2023’ (24-01-2023)
‘The inflection point that really happened in the sector was during the pandemic when buyers’ perception changed towards consumption and that gave a trigger to pent-up demand with the increased affordability.’
IndiGo, Vistara fly more than pre-Covid peak in 2022 (24-01-2023)
IndiGo carried 69.09 million passengers last year, compared to 67.9 million in 2019.
Tata Motors confirms delisting from NYSE (23-01-2023)
Tata Motors on Monday said the voluntary delisting of its American Depositary Shares, representing ordinary shares, from the New York Stock Exchange will become effective close of trading on January 23, 2023. After Monday, there will be no over-the-counter market trading of the American Depositary Shares (ADSs) in the US due to regulatory restrictions under the Indian law, Tata Motors said in a regulatory filing.
Investment in capital mkts through P-notes drops (23-01-2023)
Investment in the Indian capital markets through participatory notes slightly dropped to Rs 96,292 crore at the end of December 2022 from the preceding month on higher valuation of domestic markets. Before the decline, the investment through the route had been on an increasing trend since July because of a slump in prices of oil and other commodities and relative outperformance of Indian equity markets. Participatory notes (P-notes) are issued by registered Foreign Portfolio Investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly.
SoftBank-backed Inmobi lays off 50-70 staffers (23-01-2023)
SoftBank-backed Inmobi has fired about 50-70 people on performance metrics. According to a source, the employees impacted are from Inmobi and the firm’s lock screen-based content provider Glance. This comes even as the company announced that it will skip increments for CY23 and also undertake recruitment only when required. The Inmobi group has a total headcount of 2,600.
Sensex jumps 320 pts on gains in IT, financial shares (23-01-2023)
Benchmark BSE Sensex rose by 319 points on Monday on gains in IT and financial stocks after positive quarterly results amid supportive global cues. The 30-share BSE barometer rose by 319.90 or 0.53 per cent to close at 60,941.67. The index opened higher and gained more than 400 points to scale the 61,000 level. It touched a high of 61,113.27 and a low of 60,761.88 in the day.
Advertising slowdown likely to weigh on IPL this year (23-01-2023)
The 2023 edition of the Indian Premier League (IPL) will see Disney-Star and Viacom18 competing to sell their ad space with an eye on the estimated Rs 4,000-crore advertising money.
Budget 2023: Key challenges in technology sector (23-01-2023)
“India is the best market right now in the world with the digital initiatives the government has implemented