For more such web stories click on the ET icon below
Reseñas
Vedanta’s Rs 1,143-cr offer highest for Meenakshi Energy
The resolution professional set a threshold price of ₹1,143 crore – the price at which Vedanta submitted a bid. JPSL had previously offered ₹859 crore on a net present value basis, which was arrived at after discounting the future cash flows, the people said.
Bajaj Finance shares plunge over 7% as co reports moderation in loan growth
Analysts said slower growth has raised questions about the prospects of Bajaj Finance shares, which are considered expensive compared to other lenders.
Gold set for weekly gain, traders eye U.S. jobs data
Gold prices were little changed on Friday as cautious investors positioned themselves for key U.S. jobs data. The safe-haven bullion was still bound for a third straight weekly gain. The market’s focus shifts to the U.S. Labor Department’s closely watched nonfarm payrolls (NFP) data due at 1330 GMT.
Govt hopeful of rise in FDI inflows in coming months
FDI equity inflows fell nearly a quarter to $10.3 billion in the quarter to September 2022 from $13.6 billion a year earlier. In the first half of this financial year, FDI equity inflows shrank 14% to $26.91 billion from $31.5 billion a year earlier, while total inflows were 8.8% lower Continue Reading
Policy to make adoption of Indian Standard Time mandatory on anvil: Govt official
Presently, IST is not being adopted mandatorily by all telecom and internet service providers. They are utilising the servers synchronised to other sources such as Global Navigation Satellite System (GNSS).
Many FPIs coming via tax-friendly countries asked to pay tax on dividend
The Income Tax department had sent queries to these offshore entities asking why their dividend incomes should not be taxed. Foreign funds, which were unable to demonstrate ‘commercial substance’ to it, have been denied the tax treaty benefit. An entity is said to fulfil commercial substance requirements, if it has Continue Reading
Nifty50 cos likely to report double-digit revenue, profit growth for Q3
Hemang Jani, equities head at Motilal Oswal Financial Services, expects banking and finance, and automobile companies to drive the growth momentum for the December quarter
BofA’s stock indicator is the closest it’s been to ‘buy’ since 2017
One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.
Looking for ideas to invest Rs 10 lakh this year? Here are a few allocation tips by experts
Secondly, we must remember the fundamental principle of finance that risk and return go hand in hand. We are constantly trying to achieve that ideal point where the return on investment is highest.