Tuesday, May 18, 2021

Foreign Investors Not Deterred By Covid-19, Pour Record Amount In Equities

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Indian economy's worst contraction on record amid coronavirus pandemic did not deter the foreign institutional investors from buying equities in the country's markets albeit...

Burger King Locked In 20% Upper Circuit A Day After Blockbuster Debut

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Shares of Burger King were locked in a 20 per cent upper circuit at ₹ 162 a day after it made a stellar market...

Majesco Declares Dividend Of ₹ 974 Per Share, Stock Rises Over 2%

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Mumbai-based information technology company Majesco on Tuesday approved an interim dividend of ₹ 974 per equity share of face value of ₹ 5 each...

Bitcoin Soars Over 5%, Hovers Near $18,200 Mark Amid Broad Rally

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Cryptocurrency Bitcoin jumped by more than $850 - or 5 per cent - to touch the $18,238.20 mark on Sunday, inching towards an all-time...

Sebi May Modify Minimum Public Shareholding Norms For Large IPOs

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Securities and Exchange Board of India (SEBI) has proposed a reduction in the equity dilution requirement for initial public offers (IPOs) exceeding ₹ 10,000...

Sensex, Nifty Resume Up Move After A Day’s Pause Led By IT, Banking Shares

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The S&P BSE Sensex and NSE Nifty 50 indexes resumed their up move after a day's pause in the previous session led by gains...

Investors Heave Sigh Of Relief After Joe Biden Wins US Presidential Elections

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Investors and financial executives took a big sigh of relief on Saturday after major networks declared Democrat Joe Biden winner of the U.S presidential...

Global Stock Markets Decline As Coronavirus Infection Rate Weighs

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World stocks fell further and oil headed for a double-digit weekly slide on Friday as jitters over a rising global COVID-19 infection rate and...

RBI Asks Lenders To Implement Waiver Of Interest On Interest Scheme By November 5

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The Reserve Bank on Tuesday asked all lending banks and non-banking financial companies, to ensure that the scheme of waiver of interest on interest...

What Changes In Your Health Insurance Policy From October 1: 5 Points

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New guidelines set by insurance regulator Insurance Regulatory and Development Authority of India (IRDAI) for medical insurance providers are set to come into force...

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Warren Buffett’s Berkshire Hathaway breaks up with 32-year long holding Wells Fargo

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Berkshire Hathaway Inc has sold nearly all of its holdings in Wells Fargo & Co, as Warren Buffett abandoned a more than 31-year-old investment...

Edelweiss General Insurance launches IPOS, an end to end partner onboarding solution

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InsurTech start-up Edelweiss General Insurance (EGI), has launched yet another industry first digital offering, IPOS (Integrated Partner On-boarding Solution). This is a fully automated onboarding solution for...

Migsun beats lockdown, achieves sales amounting to Rs 80 crore in 21 days

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Migsun Group, one of the leading real estate developers of NCR, has announced that it has sold over 150 units amounting to approximately Rs...