EquityPandit

Nykaa, Policybazaar, Paytm, Delhivery Shares Worth Rs 87,000 Crore Lock-In Expires Soon

adminOctober 28, 2022October 28, 2022

by adminOctober 28, 2022October 28, 202202128

With 159.67 crore shares of new-age firms Nykaa, Policybazaar, Paytm and Delhivery due to expire in November, analysts said retail investors should exercise caution when

BUSINESS

IFCI Raises Rs 100 Crore Through Preferential Allotment of Shares to Government

adminOctober 28, 2022

by adminOctober 28, 202201687

On October 27, long-term infrastructure financier IFCI Ltd on Thursday raised Rs 100 crore through a preferential rights issue to the government. IFCI said in

BUSINESS

Elon Musk Completes Acquisition of Twitter for $44 Billion

adminOctober 28, 2022October 28, 2022

by adminOctober 28, 2022October 28, 202201704

On Thursday, Elon Musk completed his $44 billion acquisition of Twitter Inc. It took the first step in firing the social media company’s top leadership,

STOCK MARKET

NHAI InvIT to List on Stock Exchange BSE Today

adminOctober 28, 2022October 28, 2022

by adminOctober 28, 2022October 28, 202204634

On October 28, NHAI’s Infrastructure Investment Trust (InvIT) oversubscribed by about five times and was listed on the Bombay Stock Exchange (BSE). On October 17,

WORLD

Japan to Approve $490 Billion in Stimulus to Ease Inflationary Impact

adminOctober 28, 2022

by adminOctober 28, 202201514

Japanese Prime Minister Fumio Kishida’s government is set to approve a massive economic plan on Friday that includes about 29 trillion yen ($200 billion) in

BUSINESS

Shopify Stock Surges on Earnings, Revenue Beat

adminOctober 27, 2022October 27, 2022

by adminOctober 27, 2022October 27, 202202061

On Thursday, Shopify (NYSE:SHOP) shares were up 17 per cent after the company reported third-quarter earnings before the open, topping earnings and revenue expectations. The

BUSINESS

Aegon Sells Its Dutch Operations to ASR in $4.9 Billion Deal

adminOctober 27, 2022October 27, 2022

by adminOctober 27, 2022October 27, 202201666

On Thursday, Aegon (NYSE:AEG) NV said smaller competitor ASR Nederland is going to purchase its Dutch insurance operations in a cash and shares deal worth

BUSINESS

Shares of ServiceNow Surge On Solid Q3 Beat

adminOctober 27, 2022October 27, 2022

by adminOctober 27, 2022October 27, 202201559

On Thursday, shares of ServiceNow Inc (NYSE:NOW) are up almost 13 per cent in pre-open trading after the software developer delivered a solid beat for

BUSINESS

Toyota Motor Lowers 2022 Output Target to 9.5 Mn Units

adminOctober 27, 2022October 27, 2022

by adminOctober 27, 2022October 27, 202202279

Corp informed several suppliers that the company had lowered its global manufacturing target for 2022 to 9.5 million units, according to the media reports. The

BUSINESS

Brazil Airline Gol Narrows Q3 Net Loss On Record Revenue

adminOctober 27, 2022

by adminOctober 27, 202201831

On Thursday, Brazilian airline Gol reported a narrowed third-quarter net loss on a yearly basis despite the fact that it was heavily hit by currency