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US stocks: Citi profit jumps 40% with higher investment banking, services and wealth revenueCitigroup has reported a remarkable 40% jump in its third-quarter profits year-over-year, despite some declines in other areas. Trading rev...
Jubilant Pharmova block deal: Quant Mutual Fund offloads Rs 190 crore stake amid Rs 800 crore fundraising plan; Abakkus buys 11 lakh sharesQuant Mutual Fund sold 20.81 lakh shares of Jubilant Pharmova worth Rs 190.47 crore in bulk deals, while Abakkus Four2Eight Opportunities F...
Tech companies tap debt, equity to fund AI and cloud expansionMajor tech giants like Alphabet and Amazon are gearing up for significant debt offerings aimed at bolstering their AI capabilities. Meanwhi...
US bond yields climb to multi-year highs as oil surge revives bets on higher Fed ratesUS Treasury yields hit multiyear highs as a sharp rise in oil prices revived inflation concerns and boosted bets on a Federal Reserve rate ...
ET Prime Special Series: Multibagger or IBC - Part 75: Delisting, merger, demerger: Long restructuring story of one auto ancillaryLast week's auto-ancillary story dealt with another major participant in the same broad industry. This week's business is dramatically narr...
Sebi proposes easing merchant banker rule for select debt issuersSebi has put forward a proposal to exempt certain listed companies from the requirement to appoint merchant bankers. This initiative is des...
Sebi proposes merchant banker exemption for small-value private debt issuesSebi has proposed waiving mandatory merchant banker appointments for eligible listed issuers raising small-value debt privately. The move a...
Sebi proposes scrapping merchant banker requirement rule for small-ticket debt via private placementSebi has put forth a proposal to exempt small-value debt issuances from the requirement of appointing merchant bankers. This initiative is ...
ETMarkets Smart Talk | Large caps look better for next 24 months, but hidden gems remain in smallcaps: Divam SharmaSharma sees a stronger case for large caps over the next 24 months, particularly given the steep valuation premium commanded by small caps.
Stocks in news: Reliance Industries, Bank of Baroda, Power Grid, NATCO Pharma and JSW InfraIndian equity markets closed largely unchanged on Friday, August 21, after a volatile trading session. Several companies, including Relianc...
Who is Hui Ka Yan? China Evergrande founder sentenced to life in prison for orchestrating massive financial fraudWho is Hui Ka Yan? Hui Ka Yan, the founder of China Evergrande, has been sentenced to life imprisonment for a range of financial offenses, ...
Stocks in news: Hyundai Motor India, BSE, HEG, Hexaware Tech and Oil IndiaIndian equity markets extended their losing streak to a seventh consecutive session, with the Nifty50 closing lower at 24,078.30. Key corpo...
Cox & Kings Q4 net profit at Rs 64.56 croreTours and travel firm Cox & Kings today reported a consolidated net profit of Rs 64.56 crore for the fourth quarter ended March 31, 2015.
Coal India trades ex-dividend; stock slips 5% intradayCompany had approved Interim Dividend for the financial year 2014-15 at Rs. 20.70 per share of the face value of Rs.10/- as on February 27,...
MRF fourth quarter net up 72 per cent at Rs 317 croreNet sales of the company rose to Rs 3,359.91 crore for the fourth quarter, 2013-14, as against Rs 3,145.70 crore in the same period.
NTPC pays Rs 4,742 crore dividend for 2013-14NTPC has been paying dividend since 1993-94 and has paid Rs 37,000 crore since then of which the government's share was Rs 32,000 crore.
- NTPC pays Rs 2,885.92-cr dividend for FY12
Net sales of the company rose 14 per cent to Rs 15,332 crore, against Rs 13,421 crore during the same period last fiscal.
- Unitech cancels dividend payout
Unitech on Thursday cancelled the payment of dividend for the fiscal year ended March 31, 2011, claiming it had shareholders' approval for ...
- Hexaware Tech issues bonus shares; shares down
Hexaware Technologies has recommended bonus shares in the ratio of one equity share of Rs 2 each for every one equity share held. The bonus...
- SJVNL declares the highest dividend so far
Central power sector undertaking Sutlej Jal Vidyut Nigam has declared a dividend of Rs 328.20 crore, its highest dividend so far.