Month: January 2021
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JK Tyre jumps 18% as tyre stocks rally, Sachin Bansal invests in the company
Flipkart co-founder Sachin Bansal bought 1.34% stake in the company, becoming one of the largest individual shareholders, according to BSE data, and aiding the stock’s …
Russian Gold Miner Nordgold Aims to List in $5 Billion London IPO
The company is looking to list in London as early as this summer, capitalizing on the precious metal’s long price run to become the largest …
While the U.S. may be closer than ever to a $15 federal minimum wage, the idea still faces stiff opposition
Lawmakers, activists and consumers have been calling for an increase in the federal minimum wage to $15 for years. It could happen under President Joe …
P&G Has Topped Out for Now
The consumer-products giant turned in another great quarter, but a rich valuation and the fact that its shares aren’t likely to shine in a pandemic …
Nasdaq hits record high at the open as Biden takes office; Netflix soars
The Nasdaq Composite rose 168.4 points, or 1.28%, to an all-time high of 13,365.82 at the opening bell.
BHP/coal: smutty books
The mining group should have got out of coal earlier when the price was better
Jim Cramer says the stock market could ‘explode’ if Biden improves Covid vaccine rollout
“You can’t get this economy open until we’ve figured out how to get the vaccines from Pfizer and Moderna into our arms,” CNBC’s Jim Cramer …
Denmark to trial green hydrogen production using offshore wind turbines
The facility is expected to generate its first hydrogen toward the end of the year.
Pound hits 8-month high against euro on UK economy hopes
Inflation figures and speedy vaccine rollout expected to reduce pressure on BoE to cut rates
Jim Rogers’ tip for new investors: Don’t let hot tips ruin you
Jim Rogers said despite the adverse talk about bullion as an investment option, gold and silver continue to be attractive options and one should accumulate …
Market Watch: What D-Street will look out for in President Joe Biden’s inaugural address
Tune in as we discuss market’s expectations from Biden’s address, where is Bank Nifty headed, and more!
Global green asset manager makes first U.S. investment, expects more interest amid Biden presidency
European investment firms are targeting renewable energy projects in the U.S.
The Worshipful Company of Stoners
Sir Joseph Nathaniel Lyons DL will be spinning in his grave.
Mega Millions jackpot jumps to $970 million and Powerball prize is $730 million. Avoid these mistakes if you win
Both jackpots have been rolling higher since September through twice-weekly drawings with no winner.
Newgen Q3 results: Net profit up 48% to Rs 35 cr
The company had registered a net profit of Rs 24 crore in the year-ago period, Newgen said in a regulatory filing.
Leon Cooperman sees ‘euphoria’ in parts of market, says he’s skeptical on long-term outlook
“There’s a meaningful chunk of the market today that’s in euphoria,” the billionaire investor old CNBC.
Foxconn, Apple interest in EVs point to dramatically different future for automakers
Apple, Foxconn and other technology companies are going to work with automakers in ways which will transform the global auto industry.
Shyam Srinivasan on why Federal Bank restructured book is half of estimates
Federal Bank MD & CEO says pick up in corporate growth may be a little delayed and can be expected in H2.
Havells Q3 results: Profit rises 75% to Rs 350 cr
The company had posted a consolidated net profit of Rs 200.62 crore in the October-December quarter a year ago, Havells said in a regulatory filing.
Home First Finance IPO opens on Thursday. Should you subscribe?
The company’s assets under management (AUM) increased by 63.4% annually between FY18 and FY20 to Rs 3,618.3 crore. Revenue rose by 73.8% to Rs 398.6 …