If you make financial decisions primarily based on this Wednesday’s inflation knowledge, you may not be appearing in your individual greatest pursuits. New analysis by two of Canada’s most credible analytic companies seems to show that critics — who’ve complained that inflation knowledge has been distorted by COVID-19 each right here and within the U.S. […]Read More
Investors who profited from Bernard Madoff’s massive Ponzi scheme even though they knew nothing of it must still pay back their profits, an appeals court decided Thursday. The 2nd U.S. Circuit Court of Appeals in Manhattan upheld lower-court decisions in cases filed by Irving Picard, a court-appointed trustee who has recovered money for cheated investors […]Read More
Bengaluru: Education technology firm Byju’s said it has added three new US investors– the world’s largest asset manager, BlackRock, Sands Capital and Alkeon Capital, a hedge fund– to its long list of backers as it continues to raise gobs of cash amid a boom in online education. The investment is part of an ongoing funding […]Read More
Mumbai: Chemcon Speciality Chemicals has raised Rs 95.4 crore through allotment of 28.06 lakh shares to anchor investors at Rs 340 per share, according to an exchange notification. IDFC Emerging Business Fund, IDFC Dynamic Equity Fund, ICICI Prudential Child Care Plan Gift Plan, IIFL Special Opportunities Fund Series 7, HSBC Global Investment Funds, Mirae Asset […]Read More
MUMBAI: The IPO market is buzzing once again with three initial public offers (IPO) – Computer Age Management Services (CAMS), Chemcon Specialty Chemicals and Angel Broking – opening for subscription next week. All three IPOs are likely to get a good response from the investors following the huge successes of the last three – Rossari […]Read More
By Nupur Acharya India’s shrinking economy is not stopping foreign investors from pouring money into the nation’s stocks betting on a recovery. International buyers plowed a net $6 billion into shares in Asia’s third-largest economy in August, the most since March last year. That’s as all other markets in the region excluding China suffered net […]Read More
Mumbai: Ashok Soota-promoted Happiest Minds Technologies raised a total of Rs 315.91 crore from 25 anchor investors, ahead of the launch of its Rs 702-crore initial public offer (IPO) on Monday. The investors include Government of Singapore, Pacific Horizon Trust, Kuwait Investment Auth Fund, and nine mutual funds among many others. Here are the full […]Read More
By Ksenia Galouchko and William Shaw For money managers nervous about US equities at all-time highs during an economic crisis and election year, Europe could be the antidote. Investors from BlackRock Inc. to Manulife Investment Management say the region’s coordinated and fast response to the pandemic is also a good reason to be confident, despite […]Read More
Did you see the speed at which the market has gone up since the lockdown? Did your mutual fund scheme give you similar returns during the period? No? Then what is the point of investing in mutual funds, why can’t you invest directly in stocks? All you need to do is just to invest in […]Read More
NEW DELHI: L&T Finance Holdings will raise up to Rs 200 crore by issuing bonds, offering 8 per cent interest to investors. “The Committee of Directors of the company today i.e., August 19, 2020, through a resolution passed…approved the offer and issuance of up to 2,000 unsecured, redeemable, non-convertible debentures (NCDs) aggregating to nominal amount […]Read More
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