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German insurer Allianz weighs $6.77 bn takeover of AA roadside rescue giant: ReportGermany's Allianz is reportedly considering a significant takeover bid for the British breakdown recovery group AA. This potential deal is ...
ET Prime Special Series: Multibagger or IBC - Part 72: Its profit finally came from the factory. The question is about durabilityThe largest single liability on this automobile supplier's balance sheet is not a bank loan. It is a lease, tied to an entity controlled by...
US Economy: Inflation eases but prices remain high, retail sales fall, jobless claims riseInflation eased last month, but prices remain elevated for American consumers. Retail spending decreased sharply, surprising economists and...
Multibagger or IBC (Series: AA 125), Part 4: It saw the transformation and is much better placed to capitalize on it and create wealthThis auto ancillary foresaw the coming of the electric vehicle (EV) age way back in 2012. In its annual report that year, it quoted a study...
S&P 500 set to snap six-day winning streak, Fed commentary in focusWall Street's main indexes declined on Tuesday, potentially ending the S&P 500's six-day winning streak as investors await insights from Fe...
Income tax on Bitcoins: Will Budget 2025 hike tax on Bitcoin ETF to flat 30% from 12.5% currently?A crucial question regarding tax implications arises for an Indian resident investing in Bitcoin ETFs in the US market. The issue is whethe...
Stocks in news: Jio Financial, Titan, Adani Wilmar, IDFC Bank, ZomatoThe Department of Telecommunications (DoT) has issued a notice to Vodafone Idea concerning non-payment of bank guarantees needed to cover f...
Earnings boost from AI, ML; public Wi-Fi scheme stalledFamiliarity with emerging technologies such as AI and ML has boosted the earnings of B.Tech graduates. This and more in today’s ETtech Top ...
Dubai's five most expensive car number plates in the 113th open auctionDubai's 113th open auction for premium vehicle plates raised over AED49 million, 30% higher than the previous round. The most expensive pla...
Salman Khan to launch his NFT collection soonAccording to a white paper filed by BollyCoin.com, digital collectibles from Bollywood will be auctioned on Ethereum blockchain, providing ...
Blow to telcos as Supreme Court asks them to pay Rs 92,000 cr to govtThe ailing sector had claimed that the AGR includes only license and spectrum fees.
Stock pick of the week: Cut in corporate tax a good entry opportunity into Shriram City UnionThe recent reduction in corporate tax is good news for Shriram City Union Finance. Its EPS for 2019-20 and 2020-21 are expected to go up by...
India's Lehman genie is out of the bottle againIt all began yesterday with Crisil downgrading an IF&LS SPV's bonds to D after its missed payments.
Walmart is right on Flipkart despite investor ire: Sarah HalzackAnd by making this investment in Flipkart, Walmart played some indirect defense against Amazon, which was reportedly kicking the tires on a...
India's top aluminium maker prefers loans over bonds; find out whyBorrowing via loans also means companies are buying themselves the flexibility to prepay.
India@70: India witnesses a slow but steady shift to market borrowings from bank loansBank credit at Rs 79 lakh crore is 11 times more than bond sales, showing that a shift needs to happen to prevent asset-liability mismatche...
The week that was: Which stocks dazzled & which ones fizzled out on Dalal StreetThe last two trading sessions wiped off some of the gains amid adverse global cues such as the US missile attack on Syria and Fed signal to...
DigiDhan Mela: Clueless visitors connect to cashless future as cashless drive begins on a modest noteSchool children on an educational trip dominated the early crowd when the mela opened on Saturday. Footfalls reached 3,000 by the end of th...
Too iffy about stocks? Try out these NCDs for up to 9% low-risk returnsIn the coming month, three major companies – Edelweiss, Srei Infrastructure and DHFL – will hit the bond street to raise as much as Rs 2,80...
- AIG's rating woes to shake up Indian reinsurance market
Indian non-life insurance companies are anxiously waiting to see the impact of AIG’s troubles on the ratings of its reinsurance arm.