Stocks to buy: Coal India, Bajaj Finance, JSW Energy, Policybazaar among 12 stocks that can rise 8-27% in next 3-4 weeks

Stocks to buy: After three consecutive sessions of gains, Nifty 50 traded lower on Tuesday, March 26, amid weak global cues and the absence of fresh domestic triggers. Nifty50 opened at 21,947.90 against its previous close of 22,096.75 and touched its intraday low of 21,947.55. Around 11:30 am, the index was 0.26 per cent down …

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Why ICICI Bank employees are dialling ICICI Securities shareholders

MUMBAI :Employees of ICICI Bank reached out to small shareholders of ICICI Securities on the broking unit’s delisting vote that concluded on Tuesday, several investors who received the overtures said. Employees of ICICI Bank reached out to small shareholders of ICICI Securities on the broking unit’s delisting vote that concluded on Tuesday, several investors who …

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Ripple faces $2B fine in SEC clash.

The long-awaited revelations from the U.S. Securities and Exchange Commission (SEC) have finally surfaced, confirming James K. Filan’s earlier predictions. The SEC is now aiming for a hefty $2 billion penalty against Ripple Labs for damages incurred, as disclosed by Ripple’s Chief Legal Officer, Stuart Alderoty. Here’s the latest update. Understanding SEC’s Demand In a …

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Myntra turns Ebitda positive aided by rising user base, brand tie-ups

BENGALURU :Online shopping platform Myntra on Tuesday claimed that it turned operationally profitable in the last quarter of calendar year 2023, attributing it to an expanding customer base, premiumization, collaborations with both domestic and international brands, and advancements in technological integration. Myntra did not disclose specific Ebitda (earnings before interest, taxes, depreciation, and amortization) numbers. …

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India emerging as key hub in GE HealthCare’s global strategy: CEO Arduini

NEW DELHI :New Delhi: India’s significance in GE HealthCare’s global supply chain is set to enhance further with its India unit announcing plans to invest ₹8,000 crore over the next five years, starting next financial year, Peter J. Arduini, president and chief executive, GE HealthCare, said in an interview. GE HealthCare operates a joint venture …

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Standard Chartered set to exit CDSL with 7.18% stake sale

Mumbai: Standard Chartered Bank is set to exit its investment in Central Depository Services (India) Ltd (CDSL) by selling its entire stake through a block deal. The bank will offload 7.5 million shares, representing a 7.18% stake in CDSL, according to a term sheet reviewed by Mint. The total deal value is estimated to be …

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