SP Group looks at listing or stake-sale of Eureka Forbes
A profit-making company, Eureka Forbes clocked revenues of Rs 2,388 crore in fiscal 2019.
S&P 500, Dow retreat from record levels as Home Depot, Kohl's weigh
Six of the 11 major S&P 500 sectors were lower, with the consumer discretionary index's 1% drop weighing the most.
MSCI, S&P Dow Jones, FTSE Russell could fast-track Aramco into indices
Saudi Aramco is aiming to raise $20 bn-$40 bn in a domestic IPO in early December.
Morgan Stanley sees US underperforming in 2020 across markets
MSCI AC World Index is currently sitting on a 22 per cent total return for 2019 so far.
HMSI unveils new BS VI-compliant SP 125 with better fuel efficiency at Rs 72,900
The model would arrive at the dealerships by the end of this month.
How FedEx cut its tax bill to $0
The public face of its lobbying effort, which included a tax proposal of its own, was FedEx’s founder and chief executive, Frederick Smith, who repeatedly took to the airwaves to champion the power of tax cuts. “If you make the United States a better place to invest, there is no question in my mind that we would see a renaissance of capital investment,”.
Tech stocks lift S&P 500, Nasdaq to record highs; Trump speech awaited
Hopes of a resolution to the 16-month long tariff war and a strong corporate earnings season have propelled Wall Street this month.
Wall Street hits another record high
Nine of the 11 major S&P 500 sectors were higher.
Are IPOs injurious to wealth?
Whether IPOs are PE backed or not, there’s a mystery surrounding them.
Mayawati withdrew Guest House case against Mulayam Singh Yadav in February after SP-BSP alliance
This was upon BSP and SP entering into an electoral alliance for the Lok Sabha polls, it is now revealed. Mayawati, however, did not make her move to withdraw the case public so far and told her leaders two days ago that she had withdrawn the case from the Supreme Court honouring Akhilesh Yadav's request to her.
Mid- and small cap indices bounce back in two months. How about your mutual funds?
Mid cap category generated negative returns (-12%) in the calendar year 2018. However, the category managed to offer a meagre year-to-date return of 0.58%.
Use the opportunity to allocate more to equities, says Atul Kumar of Quantum Mutual Fund
Many companies have reported their second quarter results. Profitability of Nifty companies seems to grow at 13%, which is lower than 20% levels projected at the start of the year.
Asian shares a sea of red as HK chaos hits sentiment
Chinese shares faltered with the blue-chip CSI300 index down 1.3 per cent.
Wall Street week ahead: Small-cap shares poised to benefit from shift to value
The Russell's outperformance is in tandem with the S&P 500 Value index.
S&P 500 squeezes higher on robust Merck, Pfizer earnings
The S&P index recorded 35 new 52-week highs and no new lows, while the Nasdaq recorded 69 new highs and 45 new lows.
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