Ex-accountant at Pasadena company gets 9 months for insider trading
Marco Antonio "Marc" Perez, 59, of Glendora pleaded guilty in October to one federal count of insider trading.
Source: pasadenastarnews.com
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Sensex, Nifty Edge Higher Led By IT Stocks
Indian shares eked out modest gains in early trade on Thursday as soft inflation data boosted hopes that the U.S. Federal Reserve will deliver at least two interest rate cuts in 2024.
Source: rttnews.com
Stocks to Watch: Jindal Stainless, Berger Paints, Mankind Pharma, and More
Jindal Stainless witnessed a 30% year-on-year decline in its consolidated net profit, amounting to Rs 501 crore...
Source: siliconindia.com
Worries Build Up over RBI Strictures on Infra Financing
Shares of state-owned banks, non-banking finance companies (NBFCs) and infrastructure firms plunged as much as 10% on Monday following the Reserve Bank of India's tougher draft guidelines on the financing and accounting of project loans.
Source: indiatimes.com
RBI: Worries build up over RBI strictures on infra financing
The proposed stricter lending criteria, with additional provisioning, are aimed at preventing accounting shocks but could potentially hurt balance sheets of these entities and exert pressure on their valuation multiples, analysts and economists said.
Source: indiatimes.com