IOB, Central Bank issue clarification to exchanges on privatisation as shares jump up to 20%, intraday

IOB, Central Bank issue clarification to exchanges on privatisation as shares jump up to 20%, intraday

[ad_1] Indian Overseas Bank (IOB) and Central Bank of India today issued clarifications over news reports suggesting that government may bring a privatisation bill for these two banks during the winter session of Parliament. The news led to a surge in the share price of these banks. “We have not received any communication regarding privatization […]

LIVE: Crypto Prices Crash After Centre Plans Bill To Bar Private Cryptocurrencies

LIVE: Crypto Prices Crash After Centre Plans Bill To Bar Private Cryptocurrencies

[ad_1] All crypto prices crashed by 15 per cent and more, hours after the government announced that it will introduce the cryptocurrency bill in the Parliament’s winter session, which seeks to prohibit all private cryptocurrencies in the country, with a few exceptions. Also, the government will introduce the Banking Laws (Amendment) Bill 2021 – which aims to privatise […]

Bulk Deals – Dolly Khanna buys 1.4 lakh shares in Ajanta Soya; Fino Payments, Thangamayil Jewellery, Libas Consumer also create buzz

Bulk Deals – Dolly Khanna buys 1.4 lakh shares in Ajanta Soya; Fino Payments, Thangamayil Jewellery, Libas Consumer also create buzz

[ad_1] Indian stock market fell for the fourth straight day in a row on Monday pushing the benchmark indices below their crucial support placed at 50-Days Moving Average. The S&P BSE Sensex fell by about 1200 points while the Nifty50 plunged by around 350 points on Manic Monday. The Nifty50 ended at 17,416.55, down almost […]

FIIs buy over  bn of Indian equities in last five sessions

FIIs buy over $3 bn of Indian equities in last five sessions

[ad_1] MUMBAI : Foreign investors bought more than $3 billion in equities in the last five trading sessions after being net sellers of the asset class for the last one month. Foreign institutional investors (FIIs) invested a net $3.02 billion in Indian shares between 11 and 17 November, after selling shares worth a net $3.40 […]

Why index funds are best bets if you want to invest internationally

Why index funds are best bets if you want to invest internationally

[ad_1] In the prevailing scenario, one can say with confidence that India is one of the fastest growing economies. However, India’s GDP represents only 3% of World GDP and roughly the same percentage of global stock market capitalization. Globally, a lot of innovation is taking place through disruption of various traditional industries. Such innovation and […]

ABB Power Products rebrands itself as Hitachi Energy India

ABB Power Products rebrands itself as Hitachi Energy India

[ad_1] ABB Power Products & Systems India on Friday announced its rebranding as Hitachi Energy India Ltd. “Following the recent rebranding of its parent company to Hitachi Energy, its operations in India today announced their evolution to Hitachi Energy India Limited’, reaffirming their commitment to accelerating the clean energy transition […]

Amtech Systems Stock Plunges After EPS, Revenue Miss

Amtech Systems Stock Plunges After EPS, Revenue Miss

[ad_1] By Sam Boughedda Investing.com — Capital equipment manufacturer Amtech Systems Inc (NASDAQ:) stock fell 30% Thursday after the company reported a miss on both top and bottom-line results. Amtech announced earnings per share of 5 cents on revenue of $24.34 million, missing estimates, with analysts polled by Investing.com anticipating an EPS of 9 cents […]