AMBIT CAPITAL
HSBC curbs profit and payout ambitions, bets on Asia wealthHSBC ditched its goal of achieving a return on tangible equity of 10 to 12%, and said instead it will aim for 10% over the medium term.
- Piramal gets RBI nod to acquire debt-hit DHFL
A quick approval from the RBI is likely a precursor for a NCLT approval even as the resolution plan, the first for a NBFC, was officially a...
- Govt spending can spur formation of capital, lift demand
In the backdrop of all the unusual events of the past year, one could say this year’s budget came with minimal expectations. In those circu...
- Should you go long or short on Nifty over next 30 days?
Balance is tilting towards the conviction that the market is more likely to fall in the next one month, but in the long run the bulls are m...
- We are looking at a K-shaped recovery: Ashok Wadhwa
There is reason to feel positive and optimistic about the earning uptick but we need to be a little cautious.
- Govt should take steps to prop up consumption: Ashok Wadhwa, Ambit
Perhaps, it is a good time for the government to take advantage of where the markets are and start divestment.
- How to make money on Modi’s tall ambitions on climate goals
India wants to raise the contribution of natural gas to the overall energy basket of the country to 15% by 2030 from around 6% currently, a...
- Will Jubilant give lip-smacking returns in the short term?
The franchisee owner of Domino’s Pizza and Dunkin Donuts in India on Thursday bought 10.76 per cent in Barbeque Nation for Rs 92 crore but ...
- Cashless exercise of stock options taxable as capital gains, not as salary: Karnataka High Court
Dasannacharya exercised his right under the stock option by way of “cashless exercise” where the underlying shares were not allotted but he...
- Gland Pharma stock rallies 7%, up 47 % over issue price
The stock was listed on November 20, and since then has ended lower in one session.
- Gland Pharma up 40% in 2 days, but nobody can explain this sudden interest
Runjhun Jain, a pharma analyst from Nirmal Bang, said the surge could only be a short-term phenomenon. That said, it is a good company for ...
- COVID deals blow to Saudi Arabia's G20 summit ambitions
A global summit would help rehabilitate the country on the international stage and turn the world's attentions to key reforms launched by d...
- Stocks that helped PMSes deliver solid returns to the ultra-rich in Oct
The top-performing PMS schemes gained up to 7 per cent for the month compared with a 3.5 per cent rise in Nifty during the month.
- Saurabh Mukherjea settles insider trading case
Last year in May, the regulator had issued a show cause notice to Mukherjea alleging he procured price- sensitive information from the seni...
- Individual settles insider trading case with Sebi; pays Rs 1.38 cr towards settlement charges
It was alleged that Mukherjea of Ambit Capital, which is a market intermediary, was in possession of unpublished price sensitive informatio...
- Why this analyst has 'sell' rating on HDFC Bank for six years?
HDFC Bank posted profit for the September-ended quarter that beat the average analyst estimate by 17%. Its gross bad-loan ratio narrowed, b...
- Amber may gain big from govt's AC refrigerants import ban
“The move has potential benefits for local ODM (original design manufacturer) companies like Amber Enterprise as it increases the market si...
- New owners give new ambitions to CG Power
CG Power had a long term debt of over Rs 2,000 crore at the end of FY20. The Murugappa group has struck a settlement with banks (SBI is the...
- Mindspace Business Parks REIT ends first day up 11% over issue price
With this, the REIT became the second only such issue to be listed on bourses after Embassy Office Park REIT. The latter REIT raised nearly...
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