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…
Economic reality beginning to dawn on US market:…
The market got itself over-extended and now realises that this may not be the bottom for the economy, says the Independent Emerging Markets Commentator.What is going on what explains the fall in the Dow? Well…
DCB Bank plans to raise up to Rs…
New Delhi: Private sector lender DCB Bank on Thursday said it plans to raise up to Rs 500 crore through equity or other instruments. The decision was taken at the bank's board meeting on Thursday…
Tata Metalicks Q4 results: Profit jumps 70% YoY…
Tata Metaliks reported a 70% year-on-year (YoY) rise in profit before tax at Rs 96.5 crore for the quarter ended March 2020. Revenue from operations touched Rs 522 crore during the quarter. For FY20, the…
Yes Bank applies to stock exchanges for re-classification…
New Delhi: Yes Bank on Wednesday said it has applied to the stock exchanges for re-classification of promoter shareholding post the reconstruction scheme for the lender in March this year. The need for re-classification of…
Cipla to acquire 22% stake in GoApptiv
Pharma major Cipla on Wednesday said it will acquire 21.85 per cent stake in GoApptiv on a fully-diluted basis in two phases. The cost of acquisition is Rs 9 crore (Rs 5.80 crore in the…
Sebi eases norms for further public offer amid…
New Delhi: Markets regulator Sebi on Tuesday eased norms related to fast track further public offers, including reducing the minimum average market capitalisation of public shareholding requirement, till March next year. In the wake of…
Dalal Street best place for ‘Big Short’? This…
Dalal Street is a good place for the ‘Big Short’. That observation comes from market veteran Samir Arora, who says his investment outfit has good money in short positions. Arora operates out of Singapore. “Since…
Bharat Bond ETF to launch NFO to raise…
New Delhi: Bharat Bond Exchange Traded Fund (ETF), India’s first bond exchange-traded fund, will launch a new fund offer (NFO) in July to raise Rs 14,000 crore in two new series. The proceeds will be…