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US stocks: S&P 500, Nasdaq end up as tech, chipmakers reboundU.S. stocks largely rose Monday, with the Nasdaq and chipmakers leading the gains as investors sought bargains after Friday's selloff. Reli...- New York's iconic Waldorf Astoria hotel listed for sale after $2 billion renovation by Chinese ownersThe Waldorf Astoria, New York City’s iconic luxury hotel, is set for sale after a $2 billion renovation that transformed the historic prope...
- Global factors driving funds flows into Indian markets: Himanshu Srivastava, MorningstarGlobal factors driving funds flows into Indian markets: Himanshu Srivastava, Morningstar
- Value buys will drive upside in midcaps: CLSAAvoid cos with high promoter pledges; bottom-up approach may work, it said.
- Tepid listing for Arvind FashionsInvestors blamed it on the ‘arbitrary’ price discovery mechanism imposed by exchanges
- We create rules fearing bad actors rather than encouraging good ones: Jaideep Khanna, BarclaysI am fundamentally optimistic on India. The Indian economy is underpinned by solid demand, says Khanna
- Rakesh Jhunjhunwala settles insider trading caseAdjudication proceedings were started in 2017 for alleged violation of PIT in case of Geometric Ltd.
- I do not think problems in NBFC sector are over: Mark Matthews, Julius BaerRevisions of earnings in India are in fact the most negative in all of Asia, says Matthews.
- No fear of NBFC crisis impacting growth as of now: Nirmal Jain, IIFL“No NBFC has defaulted and no NBFC has been downgraded but a panic was created.”
- CLSA maintains its double overweight stance on IndiaBrokerage says investors should not attribute too much importance to state polls
- Mahesh Nandurkar on why FY20 should be a better year for marketFIIs still a bit concerned on the valuation front in India, says the CLSA India strategist
- Arvind entering Rs 2500-cr capex cycle over next five years: Kulin LalbhaiAfter delisting. brands and engineering business to get relisted sometime in January, says Arvind ED
- Markets to show strong performance in 2019: Samir Arora, Helios CapitalBetter "ease of doing business of investing” can help India do better, says Helios Capital founder
- Cost of funds set to rise in Q3, Bajaj Fin to pass on rate hikes: Rajeev Jain, Bajaj FinanceHigher interest rate may not have much impact as it will be passed on to customers, says Bajaj Fin MD
- India very attractive for long-term investments: Michael Roberts, CitiBank"US’ manufacturing will continue in countries like India, as there is competitive advantage here."
- HDFC AMC April-June net profit rises 25% to ₹205.2 crTotal assets under management (AUM) rose 22% to ₹3.01 lakh crore from ₹2.48 lakh crore.
- Union Bank in black after 3 quarters of lossesThe bank reported profit despite making full provision for the treasury losses it incurred due to rise in yields.
- Hindalco’s Q1 standalone net doubles to Rs 734 crCompany plans to repay Rs 1,500 crore debt, refinance part of its borrowings
- For the rest of the year we will be on target: Bhaskar Bhat, TitanTitan MD explains why jewellery sales failed to keep pace with target in Q1
- Ceat topline has seen over 16% growth: Kumar Subbiah“Currently our export is about 12% to 13% of our total revenue and we expect to grow it further.”
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