State Bank of India (SBI) Achieves Remarkable Q2 Earnings In a financial report that defied expectations, State Bank of India (SBI) announced a net profit of Rs 14,330 crore for the July-September FY24 quarter. This impressive figure represents an 8% increase from the Rs 13,265 crore the bank earned in the same period a year…
The time of day is a critical factor in Forex trading, and it significantly influences market dynamics and trading opportunities. The Forex market operates 24 hours a day, five days a week, and it’s divided into distinct trading sessions based on major financial centers around the world. Here’s how the time of day impacts Forex…
The recent market correction provides a valuable opportunity for investors to fortify their portfolios, whether they are inclined towards mid-cap or small-cap stocks. Despite the challenges, the long-term prospects for mid-cap stocks remain promising, especially given that a substantial portion of them are predominantly focused on domestic businesses, as emphasized by financial analysts. In recent…
In the dynamic landscape of finance and investments, Bajaj Finance has taken a strategic step that’s creating ripples in the industry. This move involves raising a substantial sum of Rs 10,000 crore through a Qualified Institutional Placement (QIP) and a preferential issue. In this article, we delve deep into the intricacies of this financial maneuver,…
In the realm of India’s corporate landscape, a compelling narrative of resurgence is poised to rewrite the script of mergers and acquisitions (M&A). As economic dynamics evolve and private equity players intensify their bets on the Indian market, a strong comeback for M&A activity seems inevitable. This article delves into the intricacies of this transformative…
In the latest business move, Hulst BV, under the control of Baring Private Equity Asia, has unveiled plans to divest its complete 26.63% ownership in Coforge, the mid-sized IT firm. This strategic step is anticipated to be executed through a significant block deal, with industry insiders disclosing key details. Key Details of the Stake Sale…
The world of investment is a dynamic and ever-changing landscape. Those who delve into the fundamentals of investing and comprehend the various asset classes stand to reap substantial rewards in the long run. In this beginner’s guide, we’ll explore the different types of investments and their positions on the risk ladder, helping you navigate the…
In the upcoming week, several pivotal factors are poised to steer the financial landscape. Among these, the resounding emphasis in Fed Chair Powell’s speech on the conclusion of the ongoing rate hike phase and the probable timing of the rate cut cycle’s commencement are anticipated to capture significant attention. The week just gone by witnessed…
In the realm of investment, a focused approach often leads to victory. This principle holds true in various aspects of life – a fact illustrated by my personal experience with golf. Although I occasionally managed impressive shots, my inability to maintain consistent focus across every swing and hole led me to step away from the…
In the realm of analytical tasks, none proves more challenging and humbling than assessing management. From early on, those who succeed learn the art of concealing emotions and thought patterns. While identifying a singular talent among individuals can be daunting, the task of evaluating an entire management team presents challenges of a significantly greater magnitude….
