Market News
How much tax do you pay on your bond investments?
livemint.com - 23 May 2018 04:52
Some types of bonds offer taxation benefits, while some have coupon rates higher than fixed deposit rates. But before investing in them, take a look at the taxes that may apply
Gunit Chadha's APAC in talks to raise funds from Multiples
livemint.com - 23 May 2018 17:38
APAC Financial is in early discussions to raise funds to fund its NBFC and housing finance business
Investcorp close to acquiring IDFC's realty, PE business
livemint.com - 23 May 2018 17:30
Gulf investment firm Investcorp to focus more on real estate after acquisition of IDFC Alternatives PE and RE funds
Barclays-Standard Chartered? I Can't Even...
Wall Street Journal - 23 May 2018 16:49
A merger between U.K.-based banks Barclays and Standard Chartered, as reported in British media, would be a massive strategic U-turn for both lenders.
Why the Property Industry Isn't Buying WeWork
Wall Street Journal - 23 May 2018 16:06
WeWork has convinced tech investors that short-term office rentals are the next big thing, and well worth a high price. Savvy real-estate investors also like that business, but not at WeWork's valuation.
Foxconn unit to raise $4.2 billion in China IPO
livemint.com - 23 May 2018 15:13Ralph Lauren tops estimates as margins improve
CNBC - 23 May 2018 15:12
Ralph Lauren reported a higher-than-expected quarterly profit, as the luxury apparel maker's move to pull products off department store shelves and sell more products at full-price boosted margins.
Nordstrom's post-earnings sell-off was 'overdone,' buy for its digital strategy, Deutsche Bank says
CNBC - 23 May 2018 14:47
Nordstrom's recent earnings sell-off presents a compelling buying opportunity, according to Deutsche Bank.
What Is Happening to Global Growth?
Wall Street Journal - 23 May 2018 14:36
The soft patch in the global economy is looking more soft and less like a patch.
Visit company websites for changes in mutual fund schemes
livemint.com - 23 May 2018 13:14
The best place to find the news about name, category and other changes of mutual fund is the website of the companies themselves
Tiffany's quarterly earnings trounce estimates, sending shares soaring
CNBC - 23 May 2018 12:54
Tiffany reported better-than-expected first quarter comparable store sales on Wednesday.
Target shares sink as earnings fall short, sales hurt by spring weather
CNBC - 23 May 2018 12:24
Target's sales of nonseasonal products like food and beverages helped buffer the impact of the weather.
Lowe's misses estimates as the long winter hit spring demand
CNBC - 23 May 2018 12:14
U.S. home improvement retailer Lowe's missed analysts' forecasts for quarterly same-store sales on Wednesday as an uncharacteristically long winter hit demand.
Shop around for higher interest rate on fixed deposits
livemint.com - 23 May 2018 11:53
Interest earned on fixed deposits, or FD, is taxable based on your income slab rate. Hence, do factor in tax before investing
HPE quarterly profit beats on demand for servers
CNBC - 23 May 2018 11:35
Hewlett Packard Enterprise reported a better-than-expected quarterly profit and raised its full-year earnings forecast on Tuesday.
Number of billionaires in India to rise 3 times by 2027: Report
livemint.com - 23 May 2018 11:33
India currently has 119 billionaires, the third highest after the US and China, and this number is expected to swell to 357 by 2027, according to a AfrAsia Bank report
HPCL Q4 profit dips 4% on lower refining margin
livemint.com - 23 May 2018 10:39
HPCL earned $7.07 on turning every barrel of crude oil into fuel in the fourth quarter as compared to a gross refining margin of $7.99 per barrel a year ago
SBI shares jump to 12-week high on recovery forecast
livemint.com - 23 May 2018 09:36
SBI shares rise more than 6% to a 12-week high after the bank projects a recovery over the next two years following a record quarterly loss
Planning a foreign vacation? Let your pocket guide the GPS
livemint.com - 23 May 2018 09:28
If you are planning to go to an international destination, this year try out Turkey or Indonesia--you are likely to get more out of your rupee against lira and rupiah
NSE issues show cause notice to UB Holdings, 15 others for delisting of shares
livemint.com - 23 May 2018 09:27
Similar notice was issued to 15 other companies, including NEPC India, Net 4 India, Orbit Corp, REI Six Ten Retail, Shree Ganesh Jewellery House and REI Agro
Higher oil price negative for India, but not a big one, says HSBC's Hitendra Dave
livemint.com - 23 May 2018 08:49
HSBC's Hitendra Dave also said concerns on the rupee touching 68 per dollar is unfounded as current account deficit is just 2% of GDP
Vedanta shares drop 6% after Sterlite protests in Tamil Nadu
livemint.com - 23 May 2018 07:55
Vedanta shares fall to their lowest since 5 July 2017, after at least nine people were killed in Tamil Nadu when police fired at protesters calling for the closure of Vedanta's Sterlite Copper unit