📰 Latest Economy & Stock Market News
IPO rush continues; Paytm, 2 other public issues to open next week
Updated at : 2021-11-06 14:20:01

The three-day IPOs of Paytm, Sapphire Foods India and Latent View Analytics are scheduled to open on November 8, November 9 and November 10, respectively.

Rate this item
⭐⭐⭐⭐☆
(1 Vote)
After Evergrande, another Chinese real estate developer Kaisa at risk of default
Updated at : 2021-11-06 14:20:01

While Kaisa did not disclose more details for the reason behind the suspension, it had said the previous day that it was facing "unprecedented pressure" on its finances.

Rate this item
⭐⭐⭐⭐☆
(1 Vote)
As stock markets set new records, hedge-fund managers aren't buying the frenzy
Updated at : 2021-11-06 14:20:01

Superlatives on the rally are piling up. Without a single down session, the Nasdaq 100 just scored two perfect weeks in a row, something that has happened only once before -- in 2017.

Rate this item
⭐⭐⭐⭐☆
(1 Vote)
Retail rentals bouncing back to pre-Covid levels
Updated at : 2021-11-06 13:20:01

Retail rentals had dropped 20-25% on an overall basis in key malls and high streets as the pandemic wreaked havoc on stores and malls over several months.

Rate this item
⭐⭐⭐⭐☆
(1 Vote)
Some mega trends of the past that will shape the future
Updated at : 2021-11-06 13:20:01

This world order created over the past 40 years was first broken apart during the global financial crisis (GFC), which overnight changed the fortunes of many individuals and families, like in a wartime. In its aftermath, with all the wisdom, governments bailed out the same entities, instead of finding ways to directly help the people whose fortunes were ruined and lives were unsettled. This created more problems.

Rate this item
⭐⭐⭐⭐☆
(1 Vote)
Some investors look to diversify amid big tech rally
Updated at : 2021-11-06 12:20:01

Rising valuations and hefty year-to-date gains for big technology stocks are pushing some investors to diversify away from the sector that has led markets for years. Tech stocks have soared this year, and their big weighting in the S&P 500 has helped push the index to records with a 25.1% year-to-date gain in 2021.

Rate this item
⭐⭐⭐⭐☆
(1 Vote)
Bankers of McLeod Russel sign ICA for resolution on debt recast
Updated at : 2021-11-06 11:20:01

Bulk tea major McLeod Russel India on Friday said its bankers have signed an Inter Creditors Agreement (ICA), a precursor to a resolution plan for debt restructuring, that rekindled hope of revival of the once largest tea producer of the world.

Rate this item
⭐⭐⭐⭐☆
(1 Vote)
Time to target 5-fold increase in technical textile exports in 3 years: Piyush Goyal
Updated at : 2021-11-06 10:20:01

Addressing representatives of the Indian Technical Textile Association (ITTA), the minister said the government will support production-linked incentives (PLIs) for the textile sector in states supporting the development and offering affordable infrastructure for textile manufacturing like cheap land and power.

Rate this item
⭐⭐⭐⭐☆
(1 Vote)
Sun Pharma's 2 US arms to pay USD 85 mn in settlement pacts over antritrust litigation
Updated at : 2021-11-06 10:20:01

Under the terms of the settlement agreements, the subsidiaries will make an aggregate payment amounting to a combined total of USD 85 million in exchange for a full release of all claims asserted against them in the direct purchaser action by the settlement class members, it added.

Rate this item
⭐⭐⭐⭐☆
(1 Vote)
Amazon, Apple, Mahindra join coalition on zero-carbon tech
Updated at : 2021-11-06 09:20:02

The Coalition will create a long-term impact by driving milestones this decade through investment into these technological solutions.

Rate this item
⭐⭐⭐⭐☆
(1 Vote)

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.