We will continue to actively look for acquisitions: ITC CMD Sanjiv Puri
https://www.business-standard.com/article/companies/we-will-continue-to-actively-look-for-acquisitions-itc-cmd-sanjeev-puri-121062000404_1.html
https://www.business-standard.com/article/companies/we-will-continue-to-actively-look-for-acquisitions-itc-cmd-sanjeev-puri-121062000404_1.html
Business-Standard
We will continue to actively look for acquisitions: ITC CMD Sanjiv Puri
In a Q&A, he says that with vaccination picking up pace, consumers will gain confidence and the economy will recover progressively
Forwarded from Books - Make India Read
RWeekly-RelSec-20210619.pdf
435.1 KB
RWeekly-RelSec-20210619.pdf
Saudi Aramco chairman and Governor of the Kingdom's wealth fund Public Investment Fund, Yasir Al-Rumayyan, may be inducted on the board of Reliance Industries Ltd, a precursor to a $15 billion deal, reports said.
An announcement of Al-Rumayyan's induction on the RIL board or the board of the newly carved oil-to-chemical (O2C) unit may come as early as at the company's annual shareholder meeting on June 24.
An announcement of Al-Rumayyan's induction on the RIL board or the board of the newly carved oil-to-chemical (O2C) unit may come as early as at the company's annual shareholder meeting on June 24.
A déjà vu of sorts in commodities market: https://www.thehindubusinessline.com/opinion/a-dj-vu-of-sorts-in-commodities-market/article34842706.ece
BusinessLine
A déjà vu of sorts in commodities market
The five major factors that are driving the market now are the ones that drove the market in 2011-12 as well
HFCL to build portfolio of 5G products for Indian, foreign markets: https://www.thehindubusinessline.com/news/national/hfcl-to-build-portfolio-of-5g-products-for-indian-foreign-markets/article34838123.ece
BusinessLine
HFCL to build portfolio of 5G products for Indian, foreign markets
Co looking to tap the ₹1-lakh crore 5G market opportunity in India, and exports to West Asia, South-East Asia and Europe
Draft cabinet note floated for 100 per cent FDI in oil PSUs: Sources: https://www.thehindubusinessline.com/economy/policy/draft-cabinet-note-floated-for-100-per-cent-fdi-in-oil-psus-approved-for-disinvestment-sources/article34863540.ece
BusinessLine
Draft cabinet note floated for 100 per cent FDI in oil PSUs: Sources
Applicable for PSUs which have 'in-principle' approval for disinvestment
Fidelity Investments Did A Study On Which Client Accounts Did Best And What They Found Was Hilarious...
From 2003-2013 the best performing accounts were of investors who were dead.
What about the second best performing accounts?
Investors who had forgotten they had an account.
Buy, hold and be patient.
https://www.businessinsider.in/fidelity-investments-did-a-study-on-which-client-accounts-did-best-and-what-they-found-was-hilarious/articleshow/41738344.cms?utm_source=google_non_amp_Whatsapp&utm_medium=social_sharing&utm_campaign=Click_through_social_share
From 2003-2013 the best performing accounts were of investors who were dead.
What about the second best performing accounts?
Investors who had forgotten they had an account.
Buy, hold and be patient.
https://www.businessinsider.in/fidelity-investments-did-a-study-on-which-client-accounts-did-best-and-what-they-found-was-hilarious/articleshow/41738344.cms?utm_source=google_non_amp_Whatsapp&utm_medium=social_sharing&utm_campaign=Click_through_social_share
Business Insider
Fidelity Investments Did A Study On Which Client Accounts Did Best And What They Found Was Hilarious
AP ImagesIf you want good investment performance, forget you have an account. On this week's Masters in Business program on Bloomberg Radio, Barry Ritholtz
SEBI halts PNB Housing Finance's Rs 4,000 crore deal with Carlyle group
https://www.moneycontrol.com/news/trends/entertainment/sebi-halts-pnb-housing-finances-rs-4000-crore-deal-with-carlyle-group-7060351.html
Download moneycontrol app: http://m.moneycontrol.com/mom
https://www.moneycontrol.com/news/trends/entertainment/sebi-halts-pnb-housing-finances-rs-4000-crore-deal-with-carlyle-group-7060351.html
Download moneycontrol app: http://m.moneycontrol.com/mom
Moneycontrol
SEBI Halts PNB Housing Finance's Rs 4,000 Crore Deal With Carlyle Group
The EGM was scheduled for June 22 to approve the issuance of shares to a consortium of investors led by the Carlyle group.
IPOs expected in the month of July, 2021
1• Rolex Rings
2• Glenmark Lifesciences
3• Seven Islands Shipping
4• Arohan Financial Services
5• Utkarsh Small Finance Bank
6• Paras Defence & Space Technologies
1• Rolex Rings
2• Glenmark Lifesciences
3• Seven Islands Shipping
4• Arohan Financial Services
5• Utkarsh Small Finance Bank
6• Paras Defence & Space Technologies
U.Today: “Biggest Crash in World History Coming, I'm Waiting for Bitcoin to Hit $24,000”: Robert.
https://u.today/biggest-crash-in-world-history-coming-im-waiting-for-bitcoin-to-hit-24000-robert-kiyosaki
https://u.today/biggest-crash-in-world-history-coming-im-waiting-for-bitcoin-to-hit-24000-robert-kiyosaki
U.Today
“Biggest Crash in World History Coming, I'm Waiting for Bitcoin to Hit $24,000”: Robert Kiyosaki
Financial influencer and entrepreneur Robert Kiyosaki expects Bitcoin to drop to $24,000 as things are getting worse for the financial system
*Hinduja Global Solutions Ltd.* | *CMP* Rs. 2358 | *M Cap* Rs. 4923 Cr | *52 W H/L* 2358/515
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 1563.6 Cr (7.3% QoQ, 21.6% YoY) vs QoQ Rs. 1456.8 Cr, YoY Rs. 1285.7 Cr
EBIDTA came at Rs. 234.2 Cr (13.5% QoQ, 31.7% YoY) vs QoQ Rs. 206.3 Cr, YoY Rs. 177.9 Cr
EBITDA Margin came at 15% vs QoQ 14.2%, YoY 13.8%
Adj. PAT came at Rs. 130.8 Cr vs QoQ Rs. 75.4 Cr, YoY Rs. 46.5 Cr
Quarter EPS is Rs. 62.6
Share is trading at P/E of 14.1x TTM EPS
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 1563.6 Cr (7.3% QoQ, 21.6% YoY) vs QoQ Rs. 1456.8 Cr, YoY Rs. 1285.7 Cr
EBIDTA came at Rs. 234.2 Cr (13.5% QoQ, 31.7% YoY) vs QoQ Rs. 206.3 Cr, YoY Rs. 177.9 Cr
EBITDA Margin came at 15% vs QoQ 14.2%, YoY 13.8%
Adj. PAT came at Rs. 130.8 Cr vs QoQ Rs. 75.4 Cr, YoY Rs. 46.5 Cr
Quarter EPS is Rs. 62.6
Share is trading at P/E of 14.1x TTM EPS