Elin Electronics IPO: The company is looking to raise Rs 475 crore, of which Rs 142 crore has been mobilised through the anchor book at Rs 247 a share, the upper end of the price band
Two Morgan Stanley equity syndicate bankers, Pawan Passi and Charles Leisure, are no longer listed as registered brokers at the Wall Street firm, according to industry regulator FINRA's website.
The divergence to the tune of Rs 259 crore consists of 13 borrower accounts with an outstanding balance of more than Rs 1 crore for an amount of Rs 230 crore and 218 borrowers with an outstanding balance of less than Rs1 crore for an amount of Rs 29 crore.
Bajaj Finance Ltd, the non-banking financial company (NBFC) with a focus on consumer loans, has underperformed the benchmark Sensex and Nifty indices in 2022, the first time it has done so in 14 years. The company has been a darling of investors despite valuations being steep at times
We at Karma Capital believe CY23 will be another interesting year for Indian equities. While the Indian economic outlook continues to look healthy, there are some headwinds emerging like an increasing trade deficit (CAD and BOP).
Google for India 2022: When Twinkle Khanna asked if people are going to be replaced by an AI, Sundar Pichai said that AI assistance will be able to help with pretty much most things.
Finland's Ministry of Finance has marked down its economic prognosis for 2023. It now predicts a 0.2 per cent GDP decline. Back in September, it projected growth of 0.5 per cent
The Russian government has intensified its crackdown on critics and what it sees as harmful information about its special military operation in Ukraine with moves to ban a human rights group and publication of maps that omit annexed Ukrainian land. The crackdown fits a theme Russian President Vladimir Putin sounded Tuesday in a video address honouring Russia's military and security agencies. Putin, a former KGB operative, called on those forces to redouble their efforts to protect the stability of society and the security of the government against direct threats to internal security. His speech coincided with a report by the state Tass news agency that Russia's Justice Ministry filed a lawsuit to disband one of the country's oldest human rights organizations, the Moscow Helsinki Group. No reason was given for the action, but it fits a pattern against other organizations the government accuses of working against the country's interests. One of the group's leaders told the Meduza news
