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Home Tag Archives: shares

Tag Archives: shares

Muthoot Finance shares jump over 7% on strong Q3 results; NIM at 17.1% highest in 12 quarters

By Loknath Das
February 17, 2020
in :  Finance
Comments Off on Muthoot Finance shares jump over 7% on strong Q3 results; NIM at 17.1% highest in 12 quarters

Shares of Muthoot Finance ltd jumped over 7 percent on Monday, buoyed by a strong third quarter performance. The gold finance company’s shares quoted at Rs 792.35 apiece, up 6.3 percent on BSE at 9.36 am. The stock opened at Rs 774, up over 3.5 percent from its Friday’s close of Rs 746.60. The stock surged to a new 52-week …

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NBFC risk-weight move sends gold finance companies’ shares soaring

By Loknath Das
February 8, 2019
in :  Finance
Comments Off on NBFC risk-weight move sends gold finance companies’ shares soaring

Mumbai: Gold finance companies Manappuram FinanceNSE 0.72 % and Muthoot FinanceNSE 0.39 % rallied on Thursday after the RBI in its sixth bi-monthly monetary policy said that it will assign risk weights for rated exposure of banks to all NBFCs. While Muthoot Finance ended up 6.5 per cent to Rs 515.60 and Manappuram Finance gained 7.7 per cent to Rs 104.05 on Thursday. Earlier, claims on exposure of …

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Finance ministry’s own division shares EC’s concerns on electoral bonds & transparency

By Loknath Das
July 16, 2018
in :  Finance
Comments Off on Finance ministry’s own division shares EC’s concerns on electoral bonds & transparency

Amendments proposed that contributions received through electoral bonds be excluded from political donations act | Wikipedia The Financial Sector Reforms and Legislation Division has agreed with the EC’s view, which is that the new laws are ‘retrograde’ and need to be withdrawn. New Delhi: The Election Commission’s concerns over the transparency of electoral bonds, introduced via the Finance Act, 2017, have …

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India by train — with dogs? One couple shares their story

By Loknath Das
March 13, 2018
in :  Travel
Comments Off on India by train — with dogs? One couple shares their story

(CNN) — It’s a cool November morning, and my husband and I are waiting at a crowded railway station in New Delhi, India, about to set off on yet another journey with our furry travel companions, Marco-polo and Tigress. Now accustomed to train travel, the dogs are eager to board the first car they see. A sea of people stares at us, some …

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HSBC’s $2.5 billion buy-back boosts shares as bank postpones profit goal

By subhadip
August 3, 2016
in :  News
Comments Off on HSBC’s $2.5 billion buy-back boosts shares as bank postpones profit goal

HSBC (HSBA.L) announced a $2.5 billion share buy-back and pared ambitions to grow dividend payouts and returns as it took pragmatic steps to soothe investors amid slowing growth in its home markets of Britain and Hong Kong. The lender’s London-listed shares were trading 3.6 percent higher at 0808 GMT (4:08 a.m. ET) after the buy-back took the sting out of …

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Energy shares drag FTSE lower after Doha deal disintegrates

By subhadip
April 18, 2016
in :  News
Comments Off on Energy shares drag FTSE lower after Doha deal disintegrates

Britain’s top share index came under pressure on Monday after major oil producers failed to reach an agreement to freeze output over the weekend, sending shares in energy stocks lower. Oil & gas companies were the top sectoral fallers after a deal to freeze oil output by OPEC and non-OPEC producers broke down on Sunday, sending oil prices tumbling. OPEC’s …

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