Page 43 - Ortfolio Allocation News Today

Unless tackled on a war footing, with awareness-building, a crackdown on crime hubs across India, and statutory and regulatory changes, the alarming rise in cybercrime could derail the phenomenal achievements of the fin-tech world in facilitating super-fast financial services.

On Wednesday, 2045 stocks advanced, 1790 declined and 100 remained unchanged, with an advance decline ratio of 1.14 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets.

Vegetarians shelled out more for their home-cooked thali than non-vegetarians in December 2023 as compared to what they had spent in December 2022, states a report by CRISIL Market Intelligence & Analytics.

The board of directors of Bajaj Auto has approved a Rs 4,000 crore share buyback at a price of Rs 10,000 a share which is at a huge premium of 43 per cent to the last closing price.

The police have attached assets worth Rs 200 crore spread across Delhi-NCR belonging to absconding scrap mafia and gangster Ravi Kana, an official said on Monday.

Jyoti CNC Automation Ltd (JCAL) is a maker of metal-cutting computer numerical control (CNC) machines. It holds the third-largest market share in India, accounting for approximately 10% in FY22-23.

Supam Maheshwari, Co-Founder and CEO of mother and child care e-commerce platform FirstCry has reportedly offloaded 6.2 million shares prior to filing for the company’s initial public offer (IPO).

A cruise that offered passengers “the adventure of a lifetime” – a three-year voyage around the world with stops at the Great Wall of China, Machu Picchu and the Taj Mahal, among other bucket list destinations – was abruptly cancelled weeks before it was scheduled to set sail. Now, consumers are trying to get their refunds.

Government of India bonds are likely to get a further boost with global financial advisory firm Bloomberg, proposing their inclusion in its index, a development that comes close on the heels of JPMorgan’s decision to include these bonds in its global index from June 2024.

Can you imagine an internet service provider buying or borrowing bandwidth from an established player and selling it dirt-cheap to customers? Well, this is what is happening right now in the credit information and credit score space.