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ECONOMIST STAKE SALE
US-Iran peace deal: Is it enough to end the 2-year drought for Nifty bulls, bring FIIs back?A US-Iran peace framework has sparked a sharp rally in Indian markets, sending crude oil prices lower, strengthening the rupee and promptin...
Global firms exploit India's IPO boom to take profits back to home countriesForeign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raisi...
There are bulls and bears, and also ducks. When Warren Buffett warned against being a stock market duckWarren Buffett mentioned a metaphor that should haunt every investor who has ever felt clever during a rising market: The preening duck tha...
Fishermen are being pushed to the brink by fuel costs in Southeast AsiaRising energy, freight, and supply chain expenses are escalating seafood prices globally. Governments offer aid, but it's stretched thin, i...
Dollar poised for largest weekly rise in two months as Fed hike bets increaseDollar surged to a two-month high, fueled by rising energy prices and shipping disruptions, intensifying inflation fears and boosting expec...
Pixxel & Sarvam take AI to orbit; Fintechs flock to Gift CityHappy Tuesday! Spacetech startup Pixxel is joining forces with AI company Sarvam to launch an orbital data centre satellite — bringing comp...
Warren Buffett: Why ‘risk’ doesn't mean what Wall Street says it meansIn a letter to shareholders, Warren Buffett declared war on one of finance's most sacred concepts: Beta. The academics had it backwards, he...
Iran's economy has been battered. Its leaders still think Trump will blink firstIran's economy faces severe disruption from U.S. and Israeli strikes. Factories are shut, leading to mass job losses and soaring prices for...
The Buffett framework of investing: Why some stocks deserve a PE of 25, and others deserve a PE of 10In his letter to shareholders, Warren Buffett revealed a valuation framework that explained why stocks can lose half their value without an...
Stake in the Economist draws interest as deadline approaches, sources sayA significant 27% stake in The Economist publication is up for sale. Bidders are submitting their interest by Friday. This move comes as Ly...
Budget 2024: India needs to sell assets to support spending, JPMorgan saysIndia must focus on asset monetisation, says Sajjid Z. Chinoy, chief India economist at JPMorgan Chase, for fiscal prudence and funding, wi...
Modi will likely depart from privatisation plans, will overhaul state-run firmsUNION BUDGET: India plans to overhaul over 200 state-run firms to boost profitability, moving away from aggressive privatisation due to slo...
Union Budget 2023-24: Divestment target pegged at Rs 51,000 croreThe Indian government expects to raise Rs 51,000 crore from stake sales in various state-run companies, budget documents released on Wednes...
India shortlists four banks for potential privatisation: SourcesThe four banks on the shortlist are Bank of Maharashtra, Bank of India, Indian Overseas Bank and the Central Bank of India, two officials t...
ET Explains: Will February 1 be FM Sitharaman's Thatcherite moment?For FM, Feb 1 could be the proverbial moment to borrow from Thatcher's playbook and go on a privatisation spree.
Here we go again: LIC cranks up to bail out IDBI bankThe acquisition will help LIC, the only big insurer in the country without a bank, to spread its wings.
What changed your market while you were sleepingNifty50 settled a tad below the 9,800 level on Monday, but closed above its crucial 50-day exponential moving average.
Hindustan Zinc valuation process begins, stake sale likely by March endThere is no legal hurdle,” a finance ministry official told ET. The company was among those in which the government sold stakes in its 2002...
Budget 2014: Disinvestment target raised to ambitious levels, says analystsIn the 2014-15 budget unveiled by finance minister Arun Jaitley, the government has estimated Rs 43,425 crore from stake sale in PSU firms.
- PSU sale illusions
Change of management should be the aim.