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Thomas Cook launches corporate forex card

Thomas Cook launches corporate forex card
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EBITDA growth of 234 cos outpace sales for 3 quarters; over 100 stocks turn multibaggers

As many as 234 companies, excluding banks and financial services, saw operating profit or EBITDA, growing faster than sales on a year-on-year (YoY) basis in each of the last three quarters of the current financial year, a screener run by ETMarkets showed.

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Fairfax Financial Holdings Limited: Financial Results for the Year Ended December 31, 2023

Fairfax Financial Holdings Limited: Financial Results for the Year Ended December 31, 2023
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Ram Mandir consecration: These 4 stocks with Ayodhya connection saw major spike

In view of the consecration ceremony of the Ayodhya Ram Mandir, four shares on the Indian stock market saw a major spike in prices.

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Ram Mandir opening: Check out 4 Ayodhya-linked stocks that have seen higher retail investor buying in last 3 months

India Business News: Ram Mandir Pran Pratishtha: Data reveals that retail investors have increased their investments in at least four Ayodhya-linked companies over the pas

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'India's Big Advantage: Two-thirds Economy Consumer-Oriented'

​ Prem Watsa, who helms the $84 billion Toronto-based investment giant Fairfax, reiterated his commitment to India, hailing the countrys economic prospects. Fairfaxs investment plans for India are on track despite macroeconomic headwinds, he said.

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Prem Watsa: India's big advantage is that two-thirds of the economy is consumer-oriented, says Fairfax boss Prem Watsa

Fairfax has invested $7 billion in India, he said. "In next five years, we are looking at doubling that. We got a few projects already that we're working on," Watsa said. However, for India to remain an attractive investment destination, continuity will be key, he said.

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Fairbridge Capital sells 40mn shares of Thomas Cook at INR 5.58 bn; reduces stake

Fairbridge Capital sells 40mn shares of Thomas Cook at INR 5.58 bn; reduces stake
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Thomas Cook shares rally 4% as promoter Fairbridge Capital completes OFS valued at ₹558 crore

Fairbridge Capital (Mauritius) Ltd continues to be the majority shareholder and promoter of Thomas Cook (India) Ltd and holds 30 crore shares — which is higher than the number of shares it held prior to the funds injected in March 2021 (24.8 crore shares), while increasing the floating stock available to minority shareholders.

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