Ashishkumar Chauhan, MD and CEO, BSE, MR Kumar, Chairperson, Life Insurance Corporation and Tuhin Kanta Pandey, DIPAM Secretary pose after the company's IPO listing ceremony at the BSE in Mumbai With the demand for a handsome payout, LIC investors are taking a leaf...
According to court papers, Allianz Global Investors US LLC will plead guilty to a securities fraud charge, while the payout includes a $2.33 billion fine, $3.24 billion of restitution and $463 million of forfeiture Germany's Allianz SE will pay about $6 billion and...
Crucially, the recent major falls in cryptocurrencies have called into question just how stable stablecoins are. After all, they are designed to have practically zero volatility by maintaining a "peg" to some other underlying asset If you had invested £100 (US$122) in...
Going ahead, FPIs selling will continue in the coming weeks as heat waves in the market and outside will make investors sweat a bit more, Vijay Singhania, Chairman, TradeSmart, said, adding that the selling has resulted in FPI's stake in Indian companies falling to...
“The mood could turn sour if the market price falls,” said Amitabh Dubey, a political analyst at research company TS Lombard. “The government could face criticism” Of the 21 Indian state-run companies that debuted in the stock market since 2010, half are still trading...
The product, named Daylight, will help digital asset businesses secure insurance and manage risks more easily. Daylight uniquely combines cutting-edge machine-learning technology with the expertise of Superscript's digital asset insurance brokers Superscript will...
Given the tone of urgency in RBI's statement to support the altered inflation-growth dynamics, "we now revise our call and expect the RBI to hike repo rate by an additional 60 bps in the rest of FY23". New Delhi: Sounding a red alert on India's CPI inflation at an...
Cryptocurrencies have been swept up in a sell-off in risk assets, which has picked up steam this week as data showed U.S. inflation running hot, deepening investor fears about the economic impact of aggressive central bank tightening. The sell-off has taken the...
LIC share trading on the stock exchange is due to begin May 17 LIC’s debut comes at a time when capital-market activities have significantly slowed globally as the war in Ukraine stokes market volatility and saps investor appetite Mumbai: India raised Rs 20,560 crore...
"Markets continued to remain under pressure in sync with global markets slump, as worries of more interest rate hikes coupled with sluggish economic growth going ahead weighed on sentiment. The ongoing conflict and lockdowns in China due to virus spread is promoting...