CashNews.co Why would a successful and dominant telecom group, with a strong footprint in fast-growing Asian and African markets, want to venture into a mature, low-growth market like the UK? That’s the question analysts were asking after Bharti Enterprises, the company that controls Bharti Airtel, India’s second-largest telecommunications company, announced a binding agreement to acquire […]
CashNews.co India’s Finance Ministry to divest 6.78% of GIC Re | Insurance Business New Zealand Reinsurance India’s Finance Ministry to divest 6.78% of GIC Re Non-retail investors get first chance to buy since 2017 as the OFS opens Reinsurance By Kenneth Araullo The Union Ministry of Finance is set to sell a 6.78% stake in […]
CashNews.co A $734 million initial public offering by Ola Electric Mobility Limited, an Indian electric two-wheeler (E2W) maker, surpassed expectations to emerge as the Mumbai market’s most successful-ever debut on August 9. Ola is a pure electrical vehicle (EV) brand with a leadership position in scooters and motorcycles, claiming a 49% market share in the […]
CashNews.co Twinkle Jain: The CA Who’s Making Finance More Fun and Accessible. We are living in a world where multitasking is the norm, and few individuals manage to shine brighter than everyone else, like Twinkle Jain. A chartered accountant by profession and a financial content creator by passion. She has an impressive social media presence of […]
CashNews.co Indian Railway Finance Corporation Share Price Highlights : On the last trading day, Indian Railway Finance Corporation opened at ₹176.25 and closed at ₹178.45, reaching a high of ₹177.95 and a low of ₹175.60. The company has a market capitalization of ₹230,005.71 crore, with a 52-week high of ₹229.05 and a low of ₹57.20. […]
CashNews.co Despite the 2009 COP15 pledge by developed nations to jointly provide $100 billion annually by 2020 to help developing countries combat and adapt to climate change, this target has yet to be fully met, leading to a substantial shortfall. The report revealed that only 12 developed nations contributed their fair share in 2022, including […]
CashNews.co BUZZ-Goldman Sachs initiates coverage on India’s Chola Investment and Finance with ‘buy’ ** Shares of Cholamandalam Investment and Finance CHLA.NS gain as much as 4.1% ** Goldman Sachs starts coverage with “buy” and PT of 1,786 rupees, an upside of 20.1% to last close ** Expects co to improve ROA profile and a robust […]
CashNews.co By Ankur Banerjee SINGAPORE (Reuters) – India’s stock market rally is ramping up its index weighting and creating a dilemma for global fund managers: sit back and watch as their relative exposure shrinks while the market grows, or buy in at increasingly eye-watering prices. Most find the latter uncomfortably risky and are seeking alternatives, […]
CashNews.co MoneycontrolInvesting in Gold in India: Is it still a smart move?Gold has long been a popular investment choice for Indians, not only as a symbol of wealth but also as a cherished asset created and passed….2 hours ago Read More #cashnews #India #finance
CashNews.co TThe Indian rupee held near a lifetime low on Thursday despite intervention by the country’s central bank, with traders and analysts expecting persistent pressure on the currency from a shrinking balance of payments surplus. The rupee was quoted at 83.9750 to the US dollar, holding near its lifetime low and averting a dip […]