Tuesday, May 18, 2021

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

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

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%

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

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

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

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

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

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

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

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

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

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

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