OVERSEAS RETAILERS
US cyber crimes: Overseas scammers are swiping billions from Americans every year, and getting away with it Scammers are stealing billions from Americans yearly, exploiting technology and targeting older adults. Sophisticated fraud schemes overwhelm law enforcement and rarely lead to prosecution. With elder fraud complaints rising, experts call for coordi...
07 Jul, 2024, 10.01 AM ISTBrokers' MTF hits record Rs 73,600 crore amid market highs, surging retail participation Sebi's MTF framework mandates collateralising existing shares. Kotak Securities cautions investors on MTF investments amidst surging margin funding in anticipation of Modi 3.0 budget.
04 Jul, 2024, 11.59 AM ISTStanley Lifestyles high on luxury quotient, raises Rs 161 cr from anchors Private equity-backed Stanley Lifestyles, the fourth-largest player in India's home furniture market, is set to launch a ₹537 crore IPO. The company's revenues have more than doubled, and net profit has grown significantly in recent years.
21 Jun, 2024, 08.08 AM IST- ADVERTISEMENT
India Inc's high-flyers in for a travel treat; overseas tour, meet-ups with celebs among unique rewards Corporates across sectors such as banking, auto and insurance have loosened their purse strings for top performers, partners and distributors this season and are rewarding them with unique travel experiences, luxury watches and bags as well as catch...
14 Jun, 2024, 08.23 PM ISTPNB plans to expand its overseas footprint, to open representative office in Dubai State-owned Punjab National Bank is set to establish a representative office in Dubai, expanding its global presence. With board approval secured, regulatory clearance is underway. The bank aims to enhance profitability by focusing on various portfo...
09 Jun, 2024, 12.41 PM ISTTrent plans global retail push after acing it in India Noel Tata-led Trent is venturing into international markets with a flagship store in Dubai, targeting the Indian diaspora. Zudio, a key brand, has surpassed ₹7,000 crore in revenue in India. The company experienced another year of substantial growth...
03 Jun, 2024, 12.31 AM ISTStock gaming apps under Sebi scanner; ETtech Done Deals The capital markets regulator is cracking down on illicit gaming apps that offer virtual trading services and fantasy games. This and more in today’s ETtech Top 5.
27 May, 2024, 07.25 PM ISTNykaa Q4 Results: Profit zooms 187% YoY to Rs 6.9 crore; revenue rises 28% Nykaa Q4 Results: The consolidated net profit stood at Rs 2.4 crore in the last-year period. The company's board has approved an investment of Rs 20 crore in FSN International, a wholly-owned subsidiary, on a rights basis.
22 May, 2024, 05.45 PM ISTJapan's Nikkei stumbles as Nvidia earnings results loom Japan's Nikkei share average fell 0.85% to 38,617.10 as investors awaited Nvidia's earnings, which will influence global stocks, including Wall Street and AI-related stocks. Chip stocks like Tokyo Electron and Advantest declined ahead of the results...
22 May, 2024, 12.54 PM ISTDivergence in foreign and local bets hints at a volatile future Foreign fund managers are cautious about Dalal Street's prospects amidst poll uncertainty, while domestic investors are optimistic about Nifty. Global interest in Chinese stocks affects foreign investments. FPIs, retail investors, and HNIs hold dive...
20 May, 2024, 06.13 PM ISTFMCG demand most in five southern states: Discretionary or essential, sales go north in south South India leads post-Covid demand recovery with increased FMCG sales, higher consumer spending, and more shopping trips in 2023, a Kantar report shows. Retail sales growth in the peninsula region outperforms the rest of India. The region's rapid r...
19 May, 2024, 07.00 PM ISTRestructuring impacts even the smallest player: 5 not so much talked about PSU banks When it comes to PSU banks, all the limelight is taken by the top players, like SBI, BoB, PNB and one or two others. But the fact is that there are many other small PSU banks, which of course have smaller books and less of national presence, but the...
16 May, 2024, 07.04 PM ISTWhy touchy-feely consumerism is here to stay and also thrive The surge in e-commerce once signaled the demise of brick-and-mortar stores, but a notable shift is occurring as D2C companies expand offline. The trend extends beyond smartphones to FMCG and banking, with consumers favoring physical stores for prem...
11 May, 2024, 03.58 PM ISTMutual fund investors are left with these options after RBI's curb on overseas investments Of the 69 international funds, 26 have been closed in some capacity. Some have been toggling flows intermittently due to limited capacity. Pratik Oswal, Head, ETFs and Index Funds, Motilal Oswal AMC, points out, “We have some headroom to invest abro...
29 Apr, 2024, 03.22 PM IST516 IIMB students bag offers from 163 firms in final placement The placement week, which ended February 7, saw 503 students getting hired, while 13 students were placed in a subsequent rolling placement process, IIMB said in a release.
02 Apr, 2024, 01.42 PM ISTTata Capital raises $200 million via overseas term loans The company has the flexibility to price the loan 120 basis points above the one-month, three-month or six-month Secured Overnight Financing Rate (SOFR), in line with the market movement. The loan is part of the company's regular borrowing programme...
26 Mar, 2024, 01.11 PM ISTHDFC bank raises $1 billion in 3-yr syndicated loan HDFC Bank, India's largest lender by market value and the biggest Nifty constituent by weighting, has doubled its overseas borrowing through a term loan syndication from 23 global banks in a greenshoe option. The bank initially borrowed $500 million...
23 Mar, 2024, 10.41 AM ISTNykaa-KK Beauty to step up overseas expansion Nykaa-KK Beauty, a joint venture between Katrina Kaif, Nykaa, and Matrix India Entertainment, plans to aggressively expand in overseas markets, particularly the Gulf region. They will also focus on ramping up their offline presence in India. Their s...
13 Mar, 2024, 12.35 AM ISTFaith Unabated! Over 100 stocks that retail bulls bet on for 3 quarters turned multibaggers Interestingly, several public sector companies have found them in this list and these stocks have more than doubled retail investors’ money in the last 10 months.
13 Feb, 2024, 10.45 AM ISTDelta Corp among 10 stocks that topped retail buying list in Q2 Here are the 10 companies that saw the highest increase in retail holdings in percentage terms in the last quarter.
14 Nov, 2023, 03.58 PM IST