SolarWinds faces an SEC inquiry following insider stock sales that took place before Russian hack washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.
By Dhwani Pandya
Dilip Buildcon Ltd., one of the top highway builders in India, expects revenue to double in the next 4-5 years on an infrastructure push by Prime Minister Narendra Modi’s government, Rohan Suryavanshi, the company’s head of strategy & planning, said in an interview with Bloomberg TV.
“We should be looking at 15%-20% growth year-on-year, which will lead us to double our sales in next 4-5 years,” he said. “We should be looking at an increasing order book.”
India announced the highest ever outlay of 1.18 trillion rupees ($16 billion) for the development of highways and roads in its 2021-22 budget. A custom Bloomberg gauge of Indian road builders has gained 27.6% since the budget was presented on Feb. 1 as compared to a gain of 2.99% in the benchmark BSE Sensex. Dilip Buildcon has jumped 53% during the period.
The Globe and Mail
March 2: ‘We should thank him.’ Mark Machin’s vaccine controversy, plus other letters to the editor Contributed to The Globe and Mail Published March 2, 2021
LUCY NICHOLSON/Reuters
Still in crisis
Re No Clean Water: 39 First Nations Remain Under Long-term Advisories (March 1): I congratulate The Globe and Mail on making First Nations water problems front page news again. If this doesn’t speed up government action, I don’t know what will.
While the human misery should be our main concern, it is also an embarrassment to admit to our new immigrants and international friends that we tolerate a situation where some of our citizens still do not have access to clean water.
CPP Investments Tremors on Chinese Consumer Equities
Posted on 03/02/2021
The Canada Pension Plan Investment Board, operating as CPP Investments, reversed course on some large holdings of Chinese listed equities in the consumer sector at the end of 2020, according to filing data. Like other Western asset owners, CPP Investments remains concerned about U.S. policy on Chinese equities. CPP Investments is mired into a large position in Ant Group (formerly Ant Financial), which scrapped its initial public offering (IPO).
Chinese President Xi Jinping’s government has accused Alibaba Group of antitrust violations and monopolizing the financial market via Ant Group. At the end of 2020, CPP Investments sold off 4,990,325 shares in Alibaba Group Holdings Limited, selling an estimated US$ 1.161398 billion position. The Canadian pension investor held a remaining stack of 10,929,207 shares in Alibaba. Alibaba Group’s investments in tech startups have slowed to a crawl in the last few mont
SoftBank-backed Compass makes IPO filing public, reveals revenue jump reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.