Performer Financial News

Scott Shleifer, New York-based Tiger Global’s head for private investments – who also oversaw India investments which had his firm backing – is stepping down from his role at the fund, founder Chase Coleman told limited partners (LPs) in a letter, according to media reports. He will take on a new role as adviser to the fund, effective January 1.

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Shalby, India’s leading multi-specialty hospital, rewarded their shareholders handsomely over the last six months. During this period, the shares have moved from ₹139 apiece to the current position of ₹311.15, translating into a gain of 124%.

Orxa Energies, a Bengaluru based electric vehicle (EV) maker, has announced the launch of a high-end electric bike, the Mantis. The Mantis, currently the lightest in its category with a kerb weight of 182 kg, is offered in two distinct color variants: Urban Black and Jungle Grey. Priced at Rs 3.6 lakh ex-showroom, Bengaluru, the bike features a 1.3 kW charger and is now available for bookings. With a top speed of 135 kmph and an impressive acceleration from 0 to 100 kmph in just 8.9 seconds, the Mantis is designed for optimal performance. Notably, the acceleration from 0-20 kmph has been fine-tuned to 2.7 seconds, catering to city and urban traffic conditions.

smart TVs for the first time, this curated list of 50-inch smart TVs ensures that you find the perfect balance of size, functionality, and performance for an immersive and larger-than-life viewing experience. Join us as we unravel the top 8 picks that promise to redefine your home entertainment landscape. The Hisense 50A6H, a splendid 50-inch smart TV, boasts a bezel-less design that enhances the viewing experience.

Tata Technologies Ltd, Flair Writing Industries Ltd, Fedbank Financial Services Ltd, Gandhar Oil Refinery India Ltd, and Indian Renewable Energy Development Agency Ltd. This has led to many questions about IPOs. Livemint answers questions like how to apply for an IPO, what to keep in mind while buying an IPO and more.

The benchmark equity indices are trading in negative territory on Wednesday. The NSE Nifty 50 is trading at 19,741.55 down 021%, while the BSE Sensex is trading at 65,780.75 down 150.52 points. Smallcap stocks are leading the losses among the broader indices. PSU Bank, Realty, Metal and Media stocks are facing a downward trend among the other sectoral indices while Pharma, Healthcare, Auto and IT trade in green. 

The Adani Group stocks have had a rollercoaster ride since the start of the year. As the year comes to a close. Here is a look at how the stocks have performed thus far in 2023. In a late January report, US-based short seller Hindenburg Research accused the Adani Group of accounting fraud, stock price manipulation, and improper use of tax havens. This led to a significant stock market downturn for the Adani group shares, wiping out close to $150 billion in market value at its lowest point.

Binance founder and former CEO Changpeng Zhao issued an internal memo to Binance staff following his guilty plea to several charges, including money laundering.

The Socceroos’ FIFA Men’s World Cup success and the rising popularity of the Matildas generated a 48 per cent increase in revenue during the last financial year for the governing body, Football Australia.

John Wylie’s Tanarra Capital wants a major overhaul at ailing pathology group Healius, saying the business is being run “extremely poorly” and management and the board do not have enough “skin in the game”.

IFGL Refractories surged almost 8 percent on Wednesday, extending gains for the fourth straight session to hit a new high on the back of robust September quarter (Q2FY24) earnings. The stock rose as much as 7.8 percent to its record high of ₹874 in intraday deals today. It has now soared 344 percent from its 52-week low of ₹196, hit on March 28, 2023.

Also Read: Stocks to buy: Hindustan Aeronautics, Bharat Dynamics among top defence stock picks by Choice Broking “We believe the sector should be looked as stock specific now considering runup in some stocks as well as growth concern in some stocks due to book to bill below 2.2x. We maintain PNC Infratech as our top pick, followed by HG Infra Engineering and NCC. We see limited upside potential in GR Infraprojects, KNR Constructions and Ahluwalia Contracts (India)," Phillip Capital said.

New Jersey gambling regulators say Atlantic City’s casinos and two internet-only entities earned $281 million in the third quarter of this year

eBay arbitrage tools that can help Amazon sellers capitalize on these opportunities. Flipl.io stands out as the premier eBay arbitrage tool, designed with a laser focus on facilitating eBay to Amazon arbitrage. It is a comprehensive platform that scans over 3 million Amazon products listed on eBay, providing users with the most profitable deals to flip.

₹500.69 crore from the public offer. The company had filed its draft red herring prospectus in December 2022 and received market regulator Securities & Exchange Board of India’s (SEBI) approval in June this year. Gandhar Oil Refinery India has a leading market share in the Indian white oil market with significant overseas presence.

₹20,000 that offers a commendable camera, a speedy processor, and a minimum of 8GB of storage. Here are some of the top phones currently available in this price range. The Redmi Note 12 5G is currently priced at ₹18,999.

₹600 crore and an offer for sale (OFS) of up to 3.51 crore shares by selling shareholders. Fedbank Financial Services IPO price band has been fixed in the range of ₹133 to ₹140 per equity share and the company plans to raise a total of ₹1,092.26 crore from the upper end of the price band. The OFS comprises up to 54.74 lakh equity shares by its promoter Federal Bank and up to 2.96 crore shares by True North Fund VI LLP.

(This story originally appeared in on Nov 22, 2023)

Life Certificate to approved Pension Disbursing Agencies, such as the Bank, in November. The government has permitted the seniors in the age category of 80 years and above to file Annual Life Certificate from 1st October, instead of 1st November, every year, in order to give an extra special window to very senior pensioners. Jeevan Pramaan Patra: 6 simple steps to submit Digital Life Certificate using face authentication Defence pensioners must perform annual identification which can be done using Aadhaar, or providing life certificates issued by designated authorities to have the entitled pension credited to their bank account. The majority of post-2016 pensioners have now been moved to SPARSH, and over 39,000 pensioners were unable to submit their life certificate by the extended deadline of March 22, 31. “System for Pension Administration (RAKSHA) (SPARSH) is being implemented for meeting the pension sanction and disbursement requirements for Armed Forces viz. Army, Navy, Air Force and Defence Civilians,” according to the SPARSH website. According to the SPARSH FAQs, “For identification using Aadhar (Digital Life Certificate): Go To: Services > Identification > Digital Life Certificate. For identification using Manual Life Certificate: Go To: Services > Identification > Manual Life Certificate.” Also Read: Productivity-linked bonus announced for employees of Indian Army: Eligibility, bonus calculation and more The procedure for submission of life certificate is as under :- Jeevan Pramaan Portal (JPP).