In 2021, troubled by a law change in Georgia that could restrict voting access, business leaders Ken Chenault and Ken Frazier partnered to gather the support of U.S. executives to take a stand. They secured more than 700 signatures for their statement opposing “discriminatory legislation.” But the pair told the audience at the TIME100 Summit on Wednesday that today’s political and social climate would make such an effort more difficult to achieve in 2024.
“I think it would be much harder to get CEOs to take a stand on those issues or many other issues,” said Frazier, the chairman of health assurance Initiatives at General Catalyst, and former CEO at pharmaceutical company Merck—which, as a premiere partner for the TIME100 franchise, was a sponsor of the event—during…
Read moreJust Dial shares surged over 8% in early trading on April 18, following the company’s announcement of its results for the January to March 2024 quarter.
At 11:27 am, Just Dial’s share price soared by 10.43% to Rs 984.05 on the NSE. Over the past month, the stock has soared by 25%, outperforming the benchmark Sensex which rose by 0.79% during the same period.
The surge on Thursday came after the firm reported 38.44% increase in consolidated net profit to Rs 115.74 crore in the fourth quarter ended March 31, 2024 up from the consolidated net profit of Rs 83.6 crore in the corresponding period of the previous fiscal year, as per regulatory filings.
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Read moreWhile several analysts have called the valuation set by Ola Electric for its IPO decent, they also flagged concerns over rising competition in the electric two-wheeler space and the company’s profitability.
A research head at a top-tier domestic brokerage firm said Ola Electric Mobility lowered the valuations because domestic institutions were not happy with the high valuations.
Ambareesh Baliga, an independent market analyst, said the current valuation is 20% lower than the company’s last fundraising round, and that at this level, it is a decent bargain for investors.
6 richest Indians who have built their wealth in crores by investing in the stock market – Radhakishan Damani, Rekha Jhunjhunwala and Raamdeo Agrawal CDSL shares jump 6%, hit fresh 52-w…
Read moreVibhor Steel Tubes debuts the bourses on a bumper note with an 181% premium at Rs 425 on February 20. The company opened bidding for retail investors on February 13 and closed on February 15. The company raised 72.17 crore by offering a total of 4.8 million shares.
The company’s shares were seeing a premium of 93% in the grey market. It is an illegal market where shares exchange hands before getting listed on the bourses.
The company got listed on both the bourses NSE and BSE. The company set the IPO’s price band at Rs 141 to 151 per equity share and kept the minimum lot size of 99 shares aggregating to Rs 14,949.
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Read moreThe government will formulate a strategy to achieve self-sufficiency in oilseeds — mustard, groundnut, sesame, soybean and sunflower — and expand usage of nano diammonium phosphate (DAP) fertiliser to reduce import dependence.
“Atmanirbhar Oilseeds Abhiyan will cover research for high-yielding varieties, widespread adoption of modern farm techniques, market linkages, procurement, value addition and crop insurance,” finance minister Nirmala Sitharaman said on Thursday. India imports around 56% of its domestic edible oil consumption of around 25 million tonne (MT).
According to the Solvent Extractors Association of India, the country’s import of palm, soybean and sunflower oils rose 17% to a record 16.47 MT (valued at Rs 1.38 trillion) in the 2022-23 …
Read moreDomestic retail investors have increased stake in fintech major Paytm to 12.85% as on December 31 from 8.28% a quarter ago, the company disclosed in an exchange filing on Saturday.
The portion of domestic institutional investors rose to 6.06% from 4.06% in the second quarter, owing to increased investment from mutual funds.
Mutual funds have increased their stake in Paytm by 2.2% to 4.99% in the reported quarter, led by investment from Mirae Mutual Fund and Nippon India Mutual Fund.
BrandWagon Exclusive: Helmet maker Steelbird Hi-Tech claims to be on track to achieving a revenue target of Rs 1,000 crore in FY25; attained more than 20% in Q1, FY25 Congress demands Joint Parliamentary Committee to investigate Hindenburg’s allegations against SEBI chairperso…
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