2020 Financial News

Sectorally, buying was seen in realty, consumer durables, infra, and IT stocks while selling was seen in telecom stocks. Stocks that were in focus include names like Ujjivan Small Finance Bank which rose nearly 6%, Godrej Industries rallied nearly 20% and AstraZeneca Pharma closed with gains of more than 4% on Friday. All three stocks hit their respective 52-week high in intraday trade. We have collated a list of three stocks that either hit a fresh 52-week high, or all-time high or saw a volume or a price breakout. We spoke to an analyst on how one should look at these stocks the next trading day entirely from an educational point of view: Analyst: Hariprasad Kizhakkethara, SEBI Registered RA (INH200009351), Director of Livelong Wealth Ujjivan Small Finance Bank The stock went up to 11% in a single day on Friday.

Swedish private equity firm EQT Partners is poised to sign on the dotted line to acquire one of Australia’s largest veterinary chains, VetPartners.

Basavaraj Bommai has warned those attempting to stop the celebration of Lord Ganesha festival in Karnataka and said they will not remain silent if someone hurts the Hindu sentiments. He also said that the great Sanatan Dharma was flowing in his veins. «Should we have to keep quiet if our Sanatan Dharma is compared to Malaria? Sanathan Dharma is flowing in our veins.

₹69,990 on Amazon but Apple's premium laptop can be purchased for an even lower price at ₹65,240 by availing a discount of ₹4,750 on the use of SBI credit card. Launched in 2020, the Macbook Air M1 continues to be one of Apple's most popular laptops in India, giving stiff competition to its Windows rivals in this price segment. The Macbook Air M1 was the first Apple laptop not to be powered by Intel chips and instead came with the company's silicon chipsets.

London | A No vote in the Voice referendum could have global reputational repercussions for Australia, Rio Tinto chairman Dominic Barton has warned.

Alaska fishermen will be able to harvest red king crab for the first time in two years

Ivory Coast President Alassane Ouattara has removed the country’s prime minister and dissolved the government, according to a senior public official

Bihar government's caste survey report to spark the the «Mandal Vs Kamandal» narrative by the opposition camp in Bihar, BJP continues to remain a strong contender for the votes of backward castes in the caste-ridden state. Following its successful show in Bihar in 2014 Lok Sabha polls, BJP has been especially focused to emerge as a strong player in the politics of backward castes in the state. With its continuous efforts to accommodate a good number of the most backward class (MBC) faces in the party's organizational structure from the booth level to the state level, the party has undergone a complete transformation in the last one decade and the party's support base is not confined only to the upper caste votes in the state. BJP's Bihar unit now has several faces from the other backward castes (OBC), and they also held important positions in the party organization. While the party appointed Samrat Choudhari, a prominent OBC face, as its state unit chief, it has given the post of leader of opposition in the state legislative council to Hari Sahni. Sahni is from and MBC caste, Nishad. Present state president Samrat Choudhari had replaced Sanjay Jaiswal who also is an OBC.

Alphabet Inc. Chief Executive Officer Sundar Pichai is set to be called by Epic Games Inc. to testify in an antitrust trial over Google Play policies that could threaten billions of dollars in revenue generated by the app marketplace. Pichai and Epic’s CEO Tim Sweeney have been listed as witnesses in a trial scheduled to start Nov. 6 in San Francisco federal court over whether Google Play policies are unlawful and thwart competition, according to court filings. The high-stakes fight kicked off after Epic sued Alphabet’s Google in 2020 claiming that its app store’s distribution, payment and fee policies are unlawful.

Between January-August 2023, deals worth $1.2 billion were announced in the Indian EV (electric vehicle) ecosystem. That’s on track to overtake the funding announced during all of 2022, which saw 131 deals worth $1.9 billion, according to Tracxn, a data intelligence platform. The sector has witnessed a total of $302 million in funding in Q3 of 2023. That’s a 60% growth compared to the $188 million raised in Q3 2022. Funding has been on an uptrend since Q3 2022, according to Neha Singh, co-founder of Tracxn. MANY UNICORNS EXPECTED “We should expect to see the first of many unicorns being minted in the EV space in the next two years. We could also see bigger financial and strategic players checking into the top companies,” said Arpit Agarwal, director of Blume Ventures. There could be consolidation in the electric 2W space too. Overall, deal street is going to be busy, he said.

Madhya Pradesh on October 3 to decide on candidates for upcoming assembly elections that are due later this year. The ruling BJP and Congress have intensified their poll campaigns ahead of the electoral battle in the state.

By Jack Queen

By Jarrett Renshaw

₹4,966.80 crore in the retail unit of Reliance Industries Ltd, following a 1.18% stake purchase in the company in October 2020. The fresh investment values RRVL at a pre-money equity value of ₹8.38 trillion, making it among India’s top four most valuable companies. The investment by ADIA will translate into an equity stake of 0.59% in RRVL on a fully diluted basis, the company said in a statement late on Friday.

The U.S. Department of Labor is poised to issue a rule in coming weeks that's likely to raise protections for investors who roll money from a 401(k) plan into an individual retirement account, according to attorneys who specialize in retirement law.

If you’re thinking about a college loan for next fall, it’s time to start looking at your options. Factors for students and their families to consider include who is taking the loan—parent, student, or both—the type of loan, amount and interest rate, which could be considerably higher than in recent years. Repayment plans are another consideration, including a new repayment option for federal student loans announced earlier this year by President Biden.

A startup just listed on the Canadian Securities Exchange with a business model based on a provocative prediction: legal cocaine is coming.

Indigenous Peoples’ Day on the second Monday? Or is it Columbus Day that you will celebrate? It is one of the most inconsistently celebrated holidays in the US and it varies from state to state. The second Monday in October is one of 11 official federal holidays and federal workers get a paid day off.

golden age for e-commerce appeared to be dawning. Optimistic investors, convinced that shoppers would keep buying on the internet, lifted valuations of e-merchants to frothy heights. Retailers old and new raced to expand delivery networks.

Home Minister Amit Shah on Friday reviewed the security situation in Naxal-affected states where violent incidents have come down by 77 per cent in 2022 in comparison to the high of 2010, officials said. The review meeting was attended by the chief ministers of Maharashtra, Andhra Pradesh and Jharkhand. Maharashtra Deputy Chief Minister Devendra Fadnavis also attended the meeting where Odisha, Bihar, Madhya Pradesh and Chhattisgarh were represented by state ministers.

Mirae Asset Emerging Bluechip Fund SIP news: Investors can now register SIP up to Rs 25,000 per PAN per month into Mirae Asset Emerging Bluechip Fund with effect from October 10, 2023.