ICICI Securities Recommends Selling Indus Tower with a Target of Rs 270
4 July 2024 Punjab Khabarnama : We met Vikas Poddar, CFO of Indus Towers (Indus) on 27 Jun’24. Takeaways: 1) Indus remains excited about growth in the tower industry driven…
RBI Governor calls on banks to enhance efforts in combating mule accounts
3 July 2024 Punjab Khabarnama : On July 3, Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), conducted meetings with the Managing Directors and Chief Executive Officers…
S&P 500, Nasdaq Hit New Record Highs; GIFT Nifty Rises
3 July 2024 Punjab Khabarnama : The US markets rallied to new highs on July 3, extending their gains from the previous session. ADP data released this morning showed weaker-than-expected…
Weekly jobless claims in the U.S. have increased, indicating a slowdown in the labor market.
3 July 2024 Punjab Khabarnama : The number of Americans filing new claims for unemployment benefits increased last week, pointing to easing labor market conditions. Initial claims for state unemployment…
“FIIs Net Buy ₹5,484 Crore; DIIs Net Sell ₹924 Crore”
3 July 2024 Punjab Khabarnama : On July 3, domestic institutional investors were net sellers of shares worth Rs 924 crore. On the other hand, foreign investors were net buyers…
JPMorgan’s Kolanovic to Depart After Series of Poor Stock Predictions
3 July 2024 Punjab Khabarnama : Marko Kolanovic, JPMorgan Chase & Co.’s chief market strategist and co-head of global research, is leaving the bank, according to an internal memo obtained…
ICICI Prudential Acquires 2.3% Stake in Yatharath Hospital
3 July 2024 Punjab Khabarnama : ICICI Prudential Mutual Fund bought 14.5 lakh shares or a 2.3 percent stake in Yatharth Hospital & Trauma Centre for an average price of…
NHRC Report on Foxconn Hiring at Tamil Nadu Plant Highlights Discrimination Concerns
1 July 2024 Punjab Khabarnama : On Monday, the human rights watchdog of India stated that it has requested government officials to investigate the alleged discrimination by Foxconn. This comes…
New SBI Chief: Can Setty Make the Giant of Indian Banks Dance Again?
1 July 2024 Punjab Khabarnama : A last-minute suspense gripped the selection of a new chief of State Bank of India, succeeding Dinesh Khara, when FSIB postponed the interview of…
MC Exclusive: BPCL Contemplating New Refinery in Prayagraj
1 July 2024 Punjab Khabarnama : Bharat Petroleum Corporation Limited (BPCL) is considering setting up a new refinery in Uttar Pradesh’s Prayagraj, a senior oil ministry official told Moneycontrol. The…