Niche social media platforms such as Telegram and Signal have emerged as new sources of information on companies and stocks — leaving the regulator to play catch-up on sharing of price-sensitive information on these channels. Synopsis Companies took any number of days to upload the transcript of such calls, though the information shared in the … Read more
The BSE Sensex rallied 23 per cent in the December quarter while the BSE MidCap and SmallCap indices gained 21 per cent and 26 per cent, respectively. Synopsis Out of 650 companies — mostly mid- and small-caps — promoters of at least 60 have released their pledged shares in the December quarter, according to data … Read more
Further adding to the recovery signals, advance tax payment by companies has shown a massive 49 per cent growth to Rs 1,09,506 crore in the third quarter this fiscal, a CBDT source has said. The increase can primarily be attributed to the low-base last fiscal when the government had slashed corporation tax rates to a … Read more
Apart from aviation and services, automotive and metal and mining are the worst-hit sectors due to significant reduction in their EBITDA with no change in their finance costs that they continue to bear, the EY report pointed out. Synopsis The EY report– Impact of the pandemic on Indian corporate results—analysed top 200 listed companies (BSE … Read more
Pharma companies are expected to maintain the growth momentum with companies such as Cipla and Dr Reddy’s gaining from the sale of drugs meant for Covid treatment. Synopsis According to the ET Intelligence Group’s estimates, aggregate net profit of the Nifty 50 companies is likely to grow by 30.4 per cent compared with a drop … Read more
By Souvik Ganguly Environmental, social and governance (ESG) focused investments have outperformed companies with lower ESG risk profiles and emerged as a trump card for investors in the wake of the Covid-19 pandemic outbreak. The trend has been noticeably visible also in India with ESG stocks generating comparatively higher returns compared with other stocks in … Read more
New York CNN — Airbus announced plans Thursday for a second final-assembly line in China, the latest sign that it has a lock on the key aviation market over rival Boeing. The announcement came as part of a state visit by French President Emmanuel Macron to China. The signing of the agreement by Airbus CEO … Read more
CNN — Just because it’s on the internet doesn’t make it true. It seems so simple, but if everyone knew that, Facebook and Google wouldn’t have to pull bogus news sites from their advertising algorithms and people wouldn’t breathlessly share stories that claim Donald Trump is a secret lizard person or Hillary Clinton is an … Read more
Story highlights Virtual reality headsets range from inexpensive Cardboard to pricey PlayStation Here are your options if you want to dip your toe in or really swim with the VR big fish Thinking about treating your family to a little virtual reality this holiday? Have no idea where to start? Don’t worry. From Google’s inexpensive … Read more