Tag Archives: have

What If You Invested In D-Mart IPO? Rs. 1,000 Would Have Become Rs. 2,750

Shares of Avenue Supermarts, which owns and operates supermarket chain D-Mart, surged as much as 1.92 per cent to hit a fresh 52-week high of Rs. 824.50 in early deals on Monday, after the company reported a strong set of earnings in the quarter ended March 2017. Avenue Supermarts, which is promoted by veteran investor Radhakishan Damani, was listed on ... Read More »

Buy, Sell, Hold Analysts have these 4 stocks on their radar today

Citi maintained its buy call on the stock with an increase in its bull case target to Rs 1,923 due to higher Jio valuation and lower peak net debt. It believes that the company’s outperformance could sustain as the earnings are an at an inflection point. Among key risks to the stock are weakening in refining fundamentals and global petrochemical ... Read More »

Amazon admits it may have to pay fine for violating Iran sanctions

Amazon on Friday disclosed Iranian business ties that may have violated US sanctions, warning that it may be penalised after a regulatory review of the activities. The company said in a regulatory filing that from 2012 to 2016 it “processed and delivered orders of consumer products for certain individuals and entities located outside Iran covered by the Iran Threat Reduction and ... Read More »

Germany’s economy minister – U.S.-EU free trade talks have failed

Germany’s Economy Minister Sigmar Gabriel said on Sunday that talks on the Transatlantic Trade and Investment Partnership (TTIP), a free trade deal being negotiated by the United States and the European Union, had essentially failed. “The negotiations with the USA have de facto failed because we Europeans did not want to subject ourselves to American demands,” he said, according to ... Read More »

Banks may be big, but they have ‘value’: Barclays’ Goldberg

Though Democratic presidential candidate Bernie Sanders has pledged to break up the country’s largest financial institutions, it is unlikely his rhetoric will have an impact on the banking system — even if he prevails in his quest for the White House, Barclays’ Jason Goldberg said. Banking giants have been in the crosshairs of regulators for years, with the 2008 crisis ... Read More »