Shankar Sharma and Devina Mehra, Co-founders, First Global in conversation with Ayesha Faridi of ET NOW.You were one of the early ones to catch on to say the specialty chemicals rally. You are a votary…
Oil prices broadly stable as stimulus hopes balance…
NEW YORK: Oil prices were broadly stable on Friday in early U.S. trading, as expectations of more economic stimulus programmes balanced concerns about the recovery in fuel demand as coronavirus cases surge and major crude-producing…
Gold prices steady near $1,800 on virus fears,…
Gold steadied near the psychological level of $ 1,800 on Friday after a sharp fall in the previous session, as worries over surging coronavirus cases and US-China tensions underpinned its safe-haven appeal, although a stronger…
L&T Tech Services to acquire Orchestra Tech for…
New Delhi: IT company L&T Technology Services on Thursday said it will acquire 100 per cent stake in Texas-based Orchestra Technology, which provides engineering services and solutions for telecom network management. L&T Technology Services (LTTS)…
YES Bank’s Rs 15,000 crore FPO subscribed 22%…
Mumbai: Private lender YES Bank’s follow-on public offer (FPO) to raise up to Rs 15,000 crore was subscribed 22 per cent at the end of first day of the bidding process, data from NSE showed…
If you believe in reversion to mean, put…
Reversion to mean is said to be the iron rule of financial markets, according to the legendary John C Bogle. It is a powerful concept indeed in stock markets. In case the returns are extraordinary…
Oberoi Realty Q1 results: Net profit drops 82%…
New Delhi: Oberoi Realty on Tuesday reported a 82 per cent decline in its consolidated net profit at Rs 28.07 crore for the quarter ended June. Its net profit stood at Rs 152.07 crore in…
Rossari Biotech IPO sails through on Day 2…
NEW DELHI: The Rs 496 crore IPO by Rossari Biotech got fully subscribed on the Day 2 of bidding process. By 1 pm, the issue by specialty chemicals company had attracted bids for 89,61,015 shares,…
Softbank-backed SB Energy singed; pulls maiden $600 million…
MUMBAI: In a big setback, Softbank and Bharti backed SB Energy’s maiden bond issuance that aimed to raise $ 600 million from global institutional investors was pulled on Monday, following lukewarm investor response, said five…