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UDAY SAMPATH
Adani effect propels India stocks past most world markets in 2022This year’s winners include shares linked to billionaire Gautam Adani and banks boosted by a sharp recovery in credit demand. Some of the b...- GameStop stock jumps 31% after Ryan Cohen picks up 1 lakh sharesShares of GameStop closed up 30.7% at $123.14, registering their biggest one-day percentage gain since March 25 last year, with trading vol...
- Zoom, Five9 to terminate nearly $15 billion all-stock dealThe termination of what would have been Zoom's biggest-ever acquisition comes after proxy advisory firms Institutional Shareholder Services...
- Mattel makes its toys more diverse, launches new Naomi Osaka Barbie dollsThe tennis star said she was honoured to be a part of the Barbie Role Model series.
- India reports 37,566 new COVID-19 infections, 907 deathsIndia saw 37,566 new cases being reported in a day, while the COVID-19 death toll rose to 3,97,637 with 907 daily fatalities, the lowest in...
- Walmart expects $2 bln non-cash loss from stake sale in Japan's SeiyuThe retailer also said it does not expect a significant impact to earnings per share following the close of the sale to investment firm KKR...
- Wall Street falls as coronavirus shreds US payrollsThe S&P 500 closed down almost 27% from its mid-February record high close.
- S&P 500 heads for worst first quarter since 1938Wall Street's volatility index has retreated from 12-year highs but is still at levels rarely seen since the global financial crisis.
- Layoffs & restructuring grapple investment banks like UBS, Nomura, Credit Suisse & Goldman SachsFor now, foreign I-banks in India are looking to maintain a skeleton staff. Will hiring pick up anytime soon?
- Business grads wanna be 'entrepreneurs'Indian MBA students are willing to forego fat salaries and overseas postings in pursuit of entrepreneurial dreams. Keep employees motivated
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