Inside the 19-hour meltdown that junked Adani’s share sale
A beaming Gautam Adani stood beside Israeli Prime Minister Benjamin Netanyahu on Tuesday, looking relaxed as hundreds of people gathered for the ceremonial signing at the Haifa Port, which the Indian billionaire is co-developing. The 60-year-old tycoon had reason to be buoyant: last-minute bids had helped the flagship of his ports-to-power empire close a record…
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adani: How Adani selloff stacks up against the biggest stock collapses
The magnitude of the plunge in stocks tied to Indian billionaire Gautam Adani is rivaled by only a handful of short-seller campaigns in history. Chief among them are Enron Corp. and Wirecard AG, whose collapses were spurred by activist short-sellers who found flaws in their corporate governance. Hindenburg Research has now targeted Adani’s group of…
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dabur share price: Dabur shares fall 4% after Q3 results. Should you buy, sell or hold the stock?
Shares of fell nearly 4% to Rs 533 in Friday’s trade on BSE after the company reported a 5.4% year-on-year (YoY) decline in consolidated net profit for the December quarter at Rs 476 crore. However, the company’s revenue from operations grew a moderate 3.4% to Rs 3,043.2 crore. In constant currency terms, the topline grew…
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itc share price: ITC shares rally over 6% to hit fresh 52-week high. Was the Budget really so good?
Shares of cigarette-to-hotels major rallied over 6% to hit a 52-week high of Rs 384.4 in Thursday’s trade on BSE after the hike in duty on cigarettes in Budget will have a limited impact. The government has hiked the National Calamity Contingent Duty (NCCD) on cigarettes by 16%. NCCD accounts for about 10% of overall…
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What to expect from the upcoming Union Budget 2023 as an AIF Asset Manager
The journey of the Alternative Investment Funds (AIFs) industry in India since the Securities and Exchange Board of India (SEBI) came up with the regulatory framework in 2012 is nothing less than extraordinary. It opened a whole new door to sophisticated investors looking to invest in products other than traditional asset classes and in varied…
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fed: US GDP rose 2.9% in Q4 after a year of high inflation, Will Fed pause now? – The Economic Times Video
fed: US GDP rose 2.9% in Q4 after a year of high inflation, Will Fed pause now? – The Economic Times Video | ET Now ET Now | 27 Jan 2023, 08:00 PM IST US GDP rose 2.9% in Q4 after a year of high inflation. Priya Misra, Head of Global Rates Strategy explains what…
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Union Budget 2023: Key expectations from the markets; investors also eye US Fed on Feb 1
Post 2019 elections, the Union government unveiled the National Infra Plan to achieve the $5 trillion GDP mark on an accelerated mode, through the creation of employment opportunities across sectors, building future-ready infrastructure, and improving citizens’ ease of living and inclusive growth. As part of this programme, the Union government has envisaged spending Rs 40…
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midcap stocks to buy: 6 midcap stocks with ‘Buy’ & ‘Strong Buy’ at the time of budget with an upside scope of up to 39%
Synopsis As Q3 earning season picks up and NIFTY stays in a volatile mode, there are select midcaps which are witnessing an improvement in their scores. A score improvement coming at a time market is waiting for a major event term of budget and also the fact that valuation are still very high on over…
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stocks of the day: Buy or Sell: Stock ideas by experts for January 23, 2023 – The Economic Times Video
stocks of the day: Buy or Sell: Stock ideas by experts for January 23, 2023 – The Economic Times Video | ET Now ET Now | 23 Jan 2023, 08:59 AM IST ET Now spoke to various experts and here’s what they have to recommend for today’s trading session. Nooresh Merani has a buy/sell recommendation…
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long term capital gains tax: Long-term capital gains tax. Will the government do any tinkering in FY24?
The history of long-term capital gains tax in India has been full of tinkering and regime changes in the last many decades. From the concept of having capital gains exemption at 50 times the per capita income (~15k in the 60s) to the introduction of capital gains based on the 20% LTCG bracket at the…
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