Indian Market News
As part of a relationship with the Pandit Jagat Ram Memorial FORCE Trust, the PepsiCo Foundation announced on Monday that it would contribute USD 4,000,00 to the expansion of its safe water access and sustainable sanitation initiative in Mathura, Uttar Pradesh. The Jal Jeevan Campaign, Jal Shakti Mission, and Swachh Bharat Mission are the three […]
Shareholders of Varun Beverages Ltd (VBL) are sitting on substantial profits. The stock has increased by more than twofold since the start of CY22. Outside of the US, VBL is one of PepsiCo’s biggest franchisees worldwide. It adheres to the January through December calendar year. The stock’s sentiment was bolstered by a number of factors,
Gross NPA at PSU Banks: According to information provided to Parliament on Monday, the government has implemented a number of reforms that have greatly improved the asset quality of public sector banks, with the gross non-performing assets ratio falling from a peak of 14.6% in March 2018 to 5.53% in December 2022. In a written
Due to the fact that their liabilities greatly outweighed their assets, Silicon Valley Bank (SVB) and Signature Bank were ordered to stop conducting regular business this week. Causes of bank failures These two banks failed for a variety of reasons. Massive losses from the Signature Bank’s extensive cryptocurrency investments caused it to lose capital. The
Recent US Bank Failures: Impact On The Indian Stock Market Read More »
Global Stock Market: With a focus on the Federal Reserve’s policy response to the US bank upheaval and the future of Credit Suisse Group AG in Switzerland as rescue talks proceeded over the weekend, the world’s markets are bracing for what appears to be another turbulent week. Currencies will give an early indication of investor
Global stock markets eye volatile week with Credit Suisse, Fed as catalysts Read More »
Shares to buy this week: Nifty has produced a bearish candle with a lower shadow on the weekly chart, signalling support at lower levels. According to domestic brokerage and research firm Axis Securities, the chart pattern implies that if the index crosses and maintains above 17200 level, it would see purchasing, which will push the
Shares to buy this week: Axis Securities suggests DLF, APL Apollo, NCC Read More »
Credit Suisse Take Over: Swiss President Alain Berset revealed on Sunday night that banking behemoth UBS is purchasing its smaller rival Credit Suisse in an effort to stop additional market-shaking turbulence in international banking. According to a PTI article, Swiss President Alain Berset described the news as “one of significant breadth for the stability of
Credit Suisse Take Over: 7 Key Things You Must Know about it Read More »
cc: The previous week was also very volatile, and markets are predicted to stay turbulent. The equities markets ended the week on a high note, putting a week that was incredibly volatile in the rearview mirror and far above the Nifty’s 16800 strong support line. The news of one or two very significant local bank
Market Round-up: This week, all eyes are on the US Fed. Read More »
According to four persons with direct knowledge of the issue, UBS has made a bid to purchase Credit Suisse, as reported by the Financial Times. The agreement values Credit Suisse at about $7 billion less than its market value at Friday’s close, according to the Financial Times, and may be signed as early as Sunday
Credit Suisse: UBS Offers To Buy Credit Suisse For Up To $1 billion Read More »
On March 20, 2023, public subscription for Udayshivakumar Infra Ltd’s initial public offering (IPO) is expected to begin. The three-day share sale is scheduled to end on March 23, 2023. On Friday, March 17, 2023, the auction for anchor investors began. Price range for the issue is set at 33 to 35 rupees per share.
