Wockhardt Soars, Extends Uptrend to 12th Consecutive Session
4 July 2024 Punjab Khabarnama : Wockhardt shares are on a roll, extending the uptrend for the 12th straight session on July 4. With the sharp rally, the stock hit…
Suzuki Motor Launches ₹340 Crore ‘Next Bharat’ Fund for Social Impact Startups
4 July 2024 Punjab Khabarnama : Japanese automobile firm Suzuki Motor on Thursday launched its first investment fund in India–Next Bharat Ventures–a Rs 340 crore fund dedicated to fostering impact…
Federal Bank to Launch Co-Branded Credit Cards with Non-Fintech Partners
4 July 2024 Punjab Khabarnama : Private sector lender Federal Bank plans to onboard non-fintech partners for co-branded credit cards, said Chitrabhanu KG, senior vice-president and country head for retail…
OnePlus India Reshuffle: Chinese Exec Named CEO Amid Offline Boycott and Push for Local Talent
4 July 2024 Punjab Khabarnama : Chinese smartphone brand OnePlus has brought back veteran Robin Liu to head its India operations amid an internal reshuffle following the departure of key…
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…