[ad_1] TOKYO: Japan’s Nikkei share average fell on Tuesday, as investors assessed the latest string of domestic earnings reports and as high stock prices prompted profit-taking. The Nikkei index was down 0.66% at 36,114.06 at the midday close, with 70 of the index’s 225 constituents gaining against 155 decliners. The broader Topix was down 0.82%…
[ad_1] MUMBAI: The street, with the exception of global financial major Morgan Stanley, failed to take comfort from Paytm management’s assurance to investors that the company will disassociate from Paytm Payments Bank after RBI’s move to impose severe restriction on its operations.For the second straight day, the stock price of One97 Communications, which operates Paytm,…
[ad_1] MUMBAI: Even as a group of Byju’s major investors are seeking removal of the troubled startup’s founder and group CEO Byju Raveendran from leadership position and reconstitution of the company’s board which now has been pretty much reduced to a family-run entity, Raveendran has given a clear indication that he is not going to…
[ad_1] MUMBAI: Major investors of edtech startup Byju’s do not want founder & CEO Byju Raveendran to be in charge of the company, which has seen its valuation nosedive from $22 billion to $250 million in less than two years.In a dramatic turn of events, a section of the firm’s major investors have issued a…
[ad_1] MUMBAI: Dalal Street investors failed on the solid gains of Monday as heavy selling by foreign funds pulled the sensex down by 802 points, or 1.1% on Tuesday to close at 71,140. Reliance Industries – which had gained nearly 7% in the previous session – along with ITC and Bajaj Finance contributed the most…
[ad_1] NEW DELHI: Promoter Ajay Singh-led airline SpiceJet said it has completed raising the first tranche of capital infusion worth Rs 744 crore through the allotment of securities on a preferential basis.SpiceJet, which has been facing multiple headwinds, said in a media statement that its Board of Directors met on January 25 this year and…
[ad_1] NEW DELHI: Government on Wednesday allowed the Indian companies to list directly on international exchanges in GIFT City, paving the way for these entities to tap a wider pool of investors.The move, which was announced by finance minister Nirmala Sitharaman, required the government to notify the changes. Ministry of corporate affairs and department of…
[ad_1] For veteran hedge fund investor Chua Soon Hock, 2024 was supposed to herald a multi-year rise in Chinese stocks and the opportunity of a lifetime. Instead, his fund’s sudden demise sends a warning to fellow China bulls: stick to your guns at your peril.Chua’s Asia Genesis Asset Management Pte told investors this week the…
[ad_1] Stock market today: BSE Sensex and Nifty50, the Indian benchmark equity indices, which had a dream run in the last month of December, have been witnessing bouts of profit booking in the first month of 2024. While the stock market is in a long-term bull run and analysts and brokerages are positive about the…
[ad_1] Stock market today: Equity investors lost Rs 8.50 lakh crore on Tuesday as the BSE Sensex experienced a significant decline. The benchmark BSE Sensex fell by almost 1,053.10 points, closing below the 71,000 level. This drop was mainly driven by HDFC Bank, Reliance Industries, and SBI, which are heavyweights in the 30 share index….
