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Thursday, March 28, 2024
TopicFinancial shares

Topic: Financial shares

Shares open higher on easing global banking concerns, tracking a rebound in global equities

The rise in domestic equities follows a rebound in the US and European markets amid news that a large group of banks was infusing cash into lender First Republic Bank.

Zomato’s shares surge 13%, highest since June after reporting smaller net loss in Q2

The app's consolidated net loss narrowed to 2.51 billion Indian rupees in the July-September quarter, from 4.30 billion rupees a year earlier.

Indian shares surge over 1% to three-week highs, domestic inflation worries ease

'We have to keep an eye on oil prices, but don't expect any big spike in food prices' said CEO of Esquire Capital Investment Advisors."Maybe the worst of inflation is over," he added.

Dharamik, a stock market learning & trading solutions firm, centered on innovation

The firm, founded by Thakkar Dharamik, has a very engaging social media handle, with more than 2,77,000 followers on Instagram, and has trained more than 6,000 students.

Twitter is considering a subscription service to boost revenues

More than 84% of Twitter revenue comes from advertising, a business that was growing before the coronavirus pandemic swept the globe.

Sensex crashes over 900 points, Nifty cracks below 11,600 amid global equities selloff

Monday afternoon trade was dragged by losses in index heavyweights HDFC Bank, L&T and Bajaj Finance. Traders also indicated that several Budget proposals was weighing on investor sentiment.

Bajaj Finance is a rare bright spot amid India’s NBFC crisis

Bajaj Finance’s shares have surged as the company has been helped by its strategy of diversifying its lending & limiting exposure to housing finance.

IL&FS new board will have to get selling its assets right to prevent more angst for India

IL&FS still owns long-term infrastructure financed with short-term funding. New board will need to sell assets to pare $12.6 billion debt.

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.