StockMarket - TheIndianSubcontinent

FPIs remain bullish on India; invest Rs 23,102 crore in February so far

New Delhi: Staying bullish on Indian markets, overseas investors have pumped in a net amount of Rs 23,102 crore in February so far driven by positive sentiment around the budget and RBI's decision to maintain an accommodative stance in the latest monetary policy.

According to the depositories data, foreign portfolio investors (FPI) invested a net

Details: Category: Stock Market; Published: 24 February 2020

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Buffett says plan ready for departure: 7 takeaways from his annual letter to Berkshire shareholders

NEW DELHI:Legendary investor Warren Buffett in his annual letter to Berkshire Hathaway shareholders said that the company was 100 per cent prepared for his and Charlie Munger’s departure.

The Oracle of Omaha said earlier suggestions from shareholders, media and board members that Ajit Jain and Greg Abel – the company’s two key operating managers –

Details: Category: Stock Market; Published: 23 February 2020

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Muthoot Finance raises $550 million via bonds

Mumbai: Gold loan financier Muthoot Finance on Friday said it has raised USD 550 million (around Rs 3,900 crore) through dollar bond, offering a coupon of 4.4 per cent.

The proceeds of the issue will be used for towards lending, the company said in a release.

Last year in October, it had raised USD 450 million through its maiden three-year bond.

Details: Category: Stock Market; Published: 22 February 2020

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OECD says coronavirus is another reason to boost fiscal stimulus

By: Paul Wallace and Manus Cranny

The coronavirus outbreak presents another reason for nations with fiscal surpluses to boost their spending and support the global economy, the head of the Organisation for Economic Cooperation and Development said.

“It’s a call to arms,” Angel Gurria, secretary general of the OECD, said in an interview with

Details: Category: Stock Market; Published: 24 February 2020

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Bharti Infratel board to meet on Feb 24 post DoT's nod for merger with Indus Towers

Bharti Infratel on Saturday said its board will meet on February 24 to chart out the future course of action following the telecom department's approval for merger with Indus Towers.

The combination of Bharti Infratel and Indus Towers will create a pan-India tower company with over 163,000 towers, operating across all 22 telecom service areas. The

Details: Category: Stock Market; Published: 23 February 2020

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By Katherine ChiglinskyWarren Buffett tends to rejoice when he sees a company buying back underpriced shares. At his own Berkshire Hathaway Inc., which underperformed the stock market last year by the widest margin in a decade, an increase in repurchases might not be cause for celebration.

Buffett has found little success deploying Berkshire’s g

Details: Category: Stock Market; Published: 22 February 2020

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Voda Idea, Shree Cement, YES Bank among 15 buzzing stocks of the week

NEW DELHI: This week gone by saw stock investors stay cautious about the spread of coronavirus, its impact on the global economy and crude oil prices, and the fluctuating rupee-dollar exchange rate.

For the week, BSE Sensex declined 87.62 points, or 0.21 per cent, to 41,170, while NSE barometer Nifty dropped 32.60 points, or 0.27 per cent, to

Details: Category: Stock Market; Published: 23 February 2020

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Warren Buffett's letter: Investing lessons for India investors today

NEW DELHI: Legendary investor Warren Buffett's annual letter to Hathaway Berkshire's shareholders will be released today after 6.30 pm (IST).

The letter may hold cues for domestic stock investors, whose behaviour is often dictated by fear of missing out (FOMO). It may also offer interesting insights into value investing, cues on the interest rate

Details: Category: Stock Market; Published: 23 February 2020

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RBI in discussion with institutions; efforts on to include G-Secs in global indices soon: Das

By Kumar Dipankar - Ammar ZaidiNEW DELHI: Reserve Bank of India Governor Shaktikanta Das has said the central bank has already initiated discussions with some institutions and efforts are on for inclusion of government bonds in global indices as quickly as possible.

The development would attract higher foreign flows as many overseas funds are

Details: Category: Stock Market; Published: 22 February 2020

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Cash-rich Berkshire embraces the idea of life after Buffett

By Katherine Chiglinsky

Warren Buffett waited until the very last page of his annual shareholder letter to reveal a big change: Shareholders will be hearing more from top lieutenants Ajit Jain and Greg Abel.

The pair, seen as the top contenders to eventually replace Berkshire Hathaway Inc.’s 89-year-old chief executive officer, have often remained b

Details: Category: Stock Market; Published: 23 February 2020

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Bezos hack casts light on stock thatup 191% in two years

If FTI Consulting suffers from a lack of name recognition, its clients don’t.

The firm, staffed with former FBI, MI-6 and Mossad agents, has advised everyone from Jeff Bezos in the alleged Saudi phone hack case that United Nations experts got involved with last month, to George W Bush and OJ Simpson’s defense team — not to mention helping recover b

Details: Category: Stock Market; Published: 23 February 2020

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Nikkei slides as virus anxiety offsets boost from softer yen

Japanese shares ended lower on Friday as mounting coronavirus cases in China and other Asian countries eclipsed the boost from a weaker yen, with many investors closing their positions ahead of a long weekend.

Investors also dumped shares that appeared vulnerable to further spread of the pathogen, such as transport services, and instead picked up

Details: Category: Stock Market; Published: 22 February 2020

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Buffett touts wind energy following climate-change criticism

By Katherine ChiglinskyWarren Buffett, long under pressure from activists to detail how climate change affects his businesses, used part of his annual letter to shareholders to highlight how wind power generated by a Berkshire Hathaway Inc. utility shows the company is reducing its reliance on fossil fuels.

Buffett’s letter, with topics ranging f

Details: Category: Stock Market; Published: 23 February 2020

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Wall Street slides as gloomy data adds to fears

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Details: Category: Stock Market; Published: 23 February 2020

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European shares fall as investors stay wary of virus impact

European shares fell on Friday as investors remained wary of the economic impact of the coronavirus epidemic on the bloc, despite data showing a faster-than-expected pickup in business activity in February.

The pan-European STOXX 600 index shed nearly half a percent and was set to end slightly lower for the week as China reported an uptick in new

Details: Category: Stock Market; Published: 22 February 2020

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Buffett chides CEOs searching for Cocker Spaniels over Pit Bulls

By Katherine Chiglinsky

Warren Buffett, who’s served as a director at 21 publicly traded companies over the years, said that too many companies add board members who won’t challenge a chief executive officer’s decisions.

“When seeking directors, CEOs don’t look for pit bulls,” Buffett said Saturday in his annual letter to Berkshire Hathaway Inc.

Details: Category: Stock Market; Published: 23 February 2020

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Wall St week ahead-fund managers look for value in high-priced consumer sector

Expectations that spending on items ranging from hotels to clothing will continue to rise have helped make consumer discretionary stocks the most expensive sector in the S-P 500.

Now fund managers are looking for ways to profit without getting burned, if a pullback comes on the back of worries about the coronavirus and other factors.

The

Details: Category: Stock Market; Published: 23 February 2020

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Australian shares end lower on worries over fast-spreading coronavirus

Australian shares ended lower on Friday as a rise in new coronavirus cases led investors to focus on the impact of the outbreak on global growth and supply chains on a quiet day for corporate results.

The S-P/ASX 200 index closed 0.3 per cent lower at 7,139, but recorded its third weekly gain, benefiting from company earnings and domestic

Details: Category: Stock Market; Published: 22 February 2020

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GDP data, Trump visit, F O expiry among six likely market drivers for the week ahead

NEW DELHI: The domestic equity market will see a host of domestic and global developments in the week ahead, and they may influencing trading positions ahead of the expiry of February series F-O contracts on Thursday.

Key triggers would include India’s December quarter GDP numbers scheduled to be released on Friday, any major outcome from US P

Details: Category: Stock Market; Published: 23 February 2020

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ET Intelligence Group: Erez Israeli does not mince his words or masks his moves. The hard-nosed CEO of India’s third-largest pharma company, Dr Reddy’s Labs (DRL), is slashing cost, changing managers, and getting rid of risky and underperforming businesses. DRL promoters, Reddy and Prasad, the men who hired Israeli — first as COO in April 2018 and

Details: Category: Stock Market; Published: 23 February 2020

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Shanghai stocks seal best week in 10 months on Beijing's stimulus

SHANGHAI/HONG KONG: Shanghai stocks closed higher on Friday, with the index marking its best week since last April, as Chinese policymakers vowed to help companies hurt by the fast-spreading coronavirus outbreak.

At the close, the Shanghai Composite index was up 0.3% at 3,039.67. The index climbed 4.2% this week, its biggest weekly gain since

Details: Category: Stock Market; Published: 22 February 2020

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Tweet Buster: Value concentration camps, demat deluge 3 big drivers for economy

NEW DELHI: Weak global cues, fears around the AGR issue and iPhone maker Apple’s alarm bells over coronavirus kept investors on edge on Dalal Street through most of the truncated week gone by. Nifty even breached the crucial 12,000 mark. Some analysts expect the market to be remain narrow and concentrated for some time.

Equity investors remain

Details: Category: Stock Market; Published: 23 February 2020

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Wall Street extends losses after data shows business activity stalls

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Details: Category: Stock Market; Published: 22 February 2020

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Hedge funds record slowest growth in inflows on higher tax

India’s hedge fund industry has witnessed the slowest half-yearly growth in investments made during the July-December period of 2019.

Assets grew 7.7 per cent in the second half of 2019, as products were impacted by increasing tax burdens.

An additional surcharge introduced by the government for wealthy investors and companies has increased the

Details: Category: Stock Market; Published: 22 February 2020

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Warren Buffett spends record $2.2 billion buying Berkshire shares

By Katherine ChiglinskyWarren Buffett kicked his stock-buyback program into high gear, spending $2.2 billion on repurchases in the last three months of 2019, the most ever in a single quarter -- and he's looking to buy even more.

Buffett's Berkshire Hathaway Inc., which loosened its repurchase policy almost two years ago after being stymied on the

Details: Category: Stock Market; Published: 23 February 2020

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US President Donald Trump in India: All you need to know

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Details: Category: Stock Market; Published: 22 February 2020

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Investors prefer savings schemes pension plans to risky bets: Survey

Investment preference seems to be changing. A survey by UBS Global Research showed that in 2019,ownership has gone up for insurance, post office savings schemes and pension plans compared with equity/debt mutual funds (MFs) and shares, where it has declined.

A survey of investors who have a bank account — either savings or current — by global inv