Updated June 18, 2021 8:16 am ET U.S. stock futures ticked lower, putting the Dow on track for its worst weekly performance since the end of January. Here’s what we’re watching ahead of Friday’s trading action. Futures tied to the Dow Jones Industrial Average slipped 0.4% The index of blue-chip stocks had dropped 1.9% this week through […]
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RBI gave its nod for in-principle approval to Centrum Financial Services to set up small-finance bank Highlights RBI’s approval to Centrum Financial will pave way for PMC Bank takeover In 2019, RBI had placed the PMC Bank board under suspension PMC Bank’s NPA stood at Rs 3,518.89 crore at end-March, 2020. The Reserve Bank of […]
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HYDERABAD: Fears of contracting Covid-19 in hospital set-up may be the reason for new cancer patients not seeking timely treatment, but the disease is fast progressing without any medical intervention, top doctors said. As number of new cases being detected has gone down to a bare minimum, since mid-April this year, data shows footfalls of […]
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Shares of Peloton Interactive are down 28% so far this year versus a 12% gain for the S&P 500. Photo: Michael Loccisano/Getty Images They say all things come to those who wait, but Peloton Interactive’s PTON 3.56% investors aren’t a patient bunch. Shares of Peloton are down 28% so far this year versus a 12% […]
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Cristiano Ronaldo replaced two bottles of Coca-Cola with water at a press conference. At a recent press conference, star footballer Cristiano Ronaldo picked up two bottles of Coca-Cola and, with the slightest hint of derision, set them aside before holding up a bottle of water. The simple action sent Coca-Cola’s shares tumbling from $56.10 to […]
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HYDERABAD: The TRS leadership and Telangana TDP president L Ramana seem to be playing a waiting game on the latter joining the ruling party. While talks with Ramana began soon after Eatala Rajender’s dismissal from the cabinet, the efforts hit a roadblock over demands of a cabinet berth for Ramana. Sources said the TRS leadership […]
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Indian digital payments firm Paytm is seeking shareholder approval to sell up to Rs. 12,000 crores in new stock in what could be the South Asian country’s biggest-ever initial public offering at a total of $3 billion (roughly Rs. 22,170 crores). Paytm, which counts China’s Alibaba and Japan’s SoftBank as backers, will sell new shares and […]
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HYDERABAD: A jawan from Nizamabad district died in Punjab in a freak mishap. Soldier Dadannagari Kalyan Rao (25) of Venkatapuram village in Makloor mandal fell from a tree in Bathinda while discharging his duties and sustained critical injuries. He succumbed to his injuries on Wednesday. Rao’s body is set to be sent home on Friday […]
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Krishna Institute of Medical Sciences IPO: Share sale of Krishna Institute of Medical Sciences (KIMS) via initial public offering (IPO) was oversubscribed on the final day of the issue. Krishna Institute of Medical Sciences IPO was subscribed 1.58 times till 2:05 pm, data from the National Stock Exchaneg showed. Krishna Institute of Medical Sciences received […]
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HYDERABAD: The cabinet sub-committee on resource mobilisation of funds has decided that funds worth Rs 11,000 crore are to be mobilised by land auction in three phases. The committee estimated that with the settling of disputes related to properties of Schedule IX, X of Andhra Pradesh Reorganization Act 2014, Rs 2,000 crore can be mobilised. […]
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