The release of CPI, IIP and GDP data will soon be moved to 5:30 PM. Presumably this avoids volatility in the market during the time that this data is released. ...
Unilever’s open offer for Hindustan Unilever (HUL) shares has been completed, with them acquiring about 32 cr. (320 million) shares at the price of Rs. 600. ...
Economic Times has the news that Prime Securities, a broker with the NSE, is in trouble for owing Rs. 80-100 cr. to the NSE for derivatives trading margin. ...
HDFC Bank has stopped accepting credit cards as a payment method while selling gold. It has also yanked off the “EMI” scheme for jewellery purchases, where ...
Hindustan Unilever Limited’s owner, the global Unilever, is offering Rs. 600 per share to increase their stake from 52% to 75%. Effectively they are buying ...
These figures astound me. Winsome Diamonds, a jewellery exporter, has defauted on loans to buy gold and the figures run up to a mammoth 7,000 crore. Says ...
China: In Cash We Trust (WSJ): We think of India as using a lot of cash, but in reality, China’s just as big, or bigger: Lugging nearly $130,000 in cash into ...
Six months after their “fat finger” trade in October 2012 (Read: The Flash Crash: Fat Finger or Algo, Emkay Must Pay) when the market fell nearly 15% on a ...
I’m on vacation, in Goa for a few days so posting will be slow this week. Goa is my favourite place to holiday. And even after two kids, the costs of a ...