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2025-01-16 02:41:00| The Economic Times

Kitex Garments, Kore Digital, and Sattva Sukun Lifecare have fixed January 17 as the record date for their bonus share issues. Kitex Garments and Kore Digital announced a 2:1 bonus share issue, whereas Sattva Sukun Lifecare declared a 3:5 issue. Today is the last day to purchase shares to be eligible for these bonus issues.


Category: News and Media

 

2025-01-16 02:38:35| The Economic Times

President Joe Biden warned of an emerging oligarchy of the ultra-wealthy and a tech-industrial complex in his farewell address. He expressed concern about the concentration of power and advocated for a constitutional amendment to remove immunity for sitting presidents. Biden also reflected on his political career and the achievements of his administration.


Category: News and Media

 

2025-01-16 02:34:55| The Economic Times

Key companies such as Reliance Industries Ltd, Infosys, Axis Bank, and LTIMindtree are set to release their third quarter earnings. RIL is expected to show improved earnings due to better refining margins, while Infosys and Axis Bank may see moderate profit growth despite some challenges.


Category: News and Media

 

2025-01-16 01:34:13| The Economic Times

Hindenburg Research, known for short-selling activities, has been shut down by founder Nate Anderson. The decision comes after completing investigations, including those against Gautam Adani. Anderson plans to spend more time with family and invest his money in low-stress investments. His team members are taking different career paths.


Category: News and Media

 

2025-01-16 01:01:32| The Economic Times

Executive director Ramesh Kalyanaraman dismissed this as "very absurd" in the call on Tuesday. The stock dropped 7% on Wednesday to close at 554.90, extending its losing streak to the ninth straight day. The 32% drop in the share price in this period has eroded the market cap of Kalyan Jewellers by 24,000 crore to 57,234 crore at the Wednesday close.


Category: News and Media

 

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