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Latest Articles in investors
Reddit Trading Frenzy Fades As Yellen Summons Agencies
They erased early declines to rise 11% in pre-market trading on Wednesday, while shares of AMC gained 7.8%. GameStop's Frankfurt-listed shares continued their pace of declines, falling 24% by 1030 GMT.
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Silver Bounces Back Even As Retail-Frenzy Takes A Break
Prices hit $30.03 on Monday, their highest since February 2013, after small investors responding to social media calls flooded the market in a GameStop-style squeeze.
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Reform Measures In Budget To Take India Out Of COVID-Induced Downturn: Rajiv Kumar
On the government's proposal to privatise two public sector banks and one general insurance company in 2021-22, Kumar said all the necessary preparation has to be done which includes engaging with all the stakeholders.
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PVR Successfully Completes Its QIP Of An Amount Of INR 800 Crores
The fund raise was priced at Rs. 1440 per share, which represented a discount of 2.59% on the closing price of the date of launch of transaction i.e. 27th January 2021.
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Brookfield Launches Rs 3,800-Cr IPO For Its Real Estate Investment Trust
Investors will be able to buy a unit of the REIT in the band of Rs 274-275, valuing the trust at Rs 8,327 crore at the upper end of the band, Ankur Gupta, managing partner, real estate said, adding that the net asset value (NAV) per unit is Rs 311.
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Indian Shares Rise As Investors Pin Hopes On Federal Budget
Shares of automaker Jaguar Land Rover parent Tata Motors rose 1.2% ahead of its quarterly results while the Nifty Auto gained 0.4%.
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Citi Hires Black-Owned Firms For $2.5 Billion Bond Distribution
Verizon Communications Inc tapped Loop Capital and another Black-led firm, Siebert Williams Shank, as lead underwriters of a $1 billion green bond offering.
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Mutual Funds Continue To Attract Investors In 2020, Add 72 Lakh Folios
The number of folios with 45 fund houses rose to 9.43 crore at the end of December 2020 from 8.71 crore at the end of December 2019, registering a gain of 72 lakh folios.
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IBM Revenue Disappoints As Software Sales Mark Rare Decline
Revenue from its cloud-computing business rose 10% to a record $7.5 billion in the fourth quarter, with IBM saying it is confident of returning to sales growth in 2021 and expected revenue to grow in mid-single digits after the separation.
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Global Shares Rise After Yellen's Call To `Act Big' On Coronavirus Spending
The euro stood at $1.2145, up 0.1% and off Monday's month-and-a-half low. It drew support from an investor sentiment survey that beat forecasts and the Italian government's surviving a confidence vote.
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Insurers Asked To Adopt One Aspirational District Each, Says IRDAI Chairman
Life insurance penetration in the country is 3.6 per cent of the GDP, way below the global average of 7.13 per cent, and in case of general insurance it is even worse at 0.94 per cent of GDP, as against the world average of 2.88 per cent.
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IDBI Bank Raises INR 1,435 Crore
Punjab National Bank (PNB) too was unable to raise the targeted amount from its qualified institutional placement which closed on Friday.
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Singapore Urges National Airline To Be First To Vaccinate All Staff
Singapore Airlines (SIA), in which state investor Temasek is the biggest shareholder, lacks a domestic market to cushion it against the coronavirus border closures which have shattered the aviation industry globally. It said last year it had cut 4,300 jobs, or around 20% of its staff.
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Southeast Asia's Grab Considering U.S. IPO This Year
Gojek and Indonesian e-commerce leader Tokopedia are in advanced talks for a $18 billion merger ahead of a potential dual listing in Jakarta and the United States
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France's Total Quits Top U.S. Oil Lobby In Climate Split
European oil companies have in the past pointed to the API's role in formulating industry safety and operating standards as their rationale for remaining with the group.
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