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4 major expert cuts: Coinbase stock falls on Piper Sandler downsize-thumnail

4 major expert cuts: Coinbase stock falls on Piper Sandler downsize

Here is your Ace Recap of the greatest expert cuts you might have missed today minimise at Coinbase Worldwide, US Steel, Lumentum, and VICI Properties. Piper player Sandler minimises Coinbase

Finance

Jul 5, 2023

Reliance among BofA Protections’ main 10 Asia Pacific stock proposals-thumnail

Reliance among BofA Protections’ main 10 Asia Pacific stock proposals

BofA Protections has given a ‘Purchase’ call for E Ink, Hundsun, Japan Carriers, Mazda Engine, PICC Gathering, Reliance Ventures, Samsung F&M, SBI Cards, and Joined Bottling works for the July-September

Finance

Jul 5, 2023

Private Banks in India Exhibit Higher Write-Off Ratios Compared to Public Banks-thumnail

Private Banks in India Exhibit Higher Write-Off Ratios Compared to Public Banks

The Reserve Bank of India’s (RBI) financial stability report has revealed that private banks in India have shown a more proactive approach towards writing off bad loans than their public sector counterparts.

Finance

Jul 5, 2023

PharmaEasy plans Rs 2,400 crore rights offering at a 90% share price cut-thumnail

PharmaEasy plans Rs 2,400 crore rights offering at a 90% share price cut

PharmEasy, a prominent online pharmacy, has informed its board and investors that it intends to raise approximately Rs 2,400 crore through a rights offering at a 90% lower stock price

E-Commerce

Jul 5, 2023

HDFC Bank Q1 update: Advances become 16% YoY, stores rise 19%-thumnail

HDFC Bank Q1 update: Advances become 16% YoY, stores rise 19%

Confidential area loan specialist HDFC Bank on Wednesday posted its June quarter update for both independent business and the combined element. The bank’s independent business saw a development of almost 16% in progress while consolidated substance’s — HDFC Bank + HDFC — propels have risen by in excess of 13% year-on-year.

Business

Jul 5, 2023

Premji Invest and other investors help the jewellery company Giva raise Rs 200 crore-thumnail

Premji Invest and other investors help the jewellery company Giva raise Rs 200 crore

Premji Invest led the Series B investment round in which Giva Jewellery raised Rs 200 crore, the company disclosed on Wednesday. Premji Invest led the Series B investment round in

Finance

Jul 5, 2023

JM financial credit fund achieves its first close at Rs. 600 cr; final close at ₹1,500 cr-thumnail

JM financial credit fund achieves its first close at Rs. 600 cr; final close at ₹1,500 cr

JM Financial aims to secure a final close of the fund, including co-investments, at around ₹1,500 crores. As a testament to its confidence, the group has invested 10% of the capital as a sponsor commitment into the fund. The fund will primarily provide lending for scenarios where traditional banks face limitations, such as domestic acquisitions or partner buyouts.

Business

Jul 4, 2023

Rajeev Misra’s new fund closes at $7 billion, invests in SP Group through debt-thumnail

Rajeev Misra’s new fund closes at $7 billion, invests in SP Group through debt

Rajeev Misra, a former executive at SoftBank, founded the new firm One Investment Management, which raised $7 billion in the first close and made its first step into the Indian

Finance

Jul 4, 2023

Sluggish Demand and Weak Economic Recovery Impact Asia’s Factory Activity-thumnail

Sluggish Demand and Weak Economic Recovery Impact Asia’s Factory Activity

Asia’s Factory Activity experienced a slump in June, according to business surveys released on Monday. The outlook for the region’s exporters was clouded as demand in China and advanced nations remained sluggish, leading to a contraction in manufacturing activity in Japan and South Korea, while China saw marginal expansion. These surveys highlight the toll that China’s weaker-than-expected rebound from COVID-19 lockdowns is taking on Asia’s economy.

Business

Jul 3, 2023

Explanation of how the HDFC Bank HDFC merger would affect equities mutual funds-thumnail

Explanation of how the HDFC Bank HDFC merger would affect equities mutual funds

HDFC Bank DHFC merger: Following the merging of the HDFC twins, a large number of equity mutual funds will have more than 10% stock exposure in HDFC Bank shares.

Business

Jul 3, 2023

Indian stock indices Nifty and Sensx reaches all time high; Nifty touches 18,880 mark.-thumnail

Indian stock indices Nifty and Sensx reaches all time high; Nifty touches 18,880 mark.

Deepak Jasani, the Head of Retail Research at HDFC Securities, remarked, “U.S. stocks concluded Tuesday on a positive note, primarily driven by the stellar performance of mega tech stocks. The

Business

Jun 28, 2023

$1 billion more! The third round of investments in Adani shares is made by GQG-thumnail

$1 billion more! The third round of investments in Adani shares is made by GQG

The boss of the Adani Group recently made headlines for an alleged swindle. In a study, the American short-selling outfit Hindenburg Research said that Adani’s business had pulled off the

Finance

Jun 28, 2023


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