RITES to develop a logistics projects in Meghalaya, stock price rises on December 7, 2023 at 4:38 am

RITES will be offering its expertise as a project management consultant and shall undertake a comprehensive range of services for developing multi-modal logistics projects in Meghalaya.

Constitutional or not, wealth taxes are bad economics on December 7, 2023 at 4:44 am

Subjecting companies to an annual tax on their value would create an incentive to keep companies private, because the firm#39;s value will be easier to manipulate. A tax on unrealised gains would probably lead to wealthy people keeping most of their wealth in privately owned assets. This reduces transparency and deprives others the chance to invest in growing… Continue reading Constitutional or not, wealth taxes are bad economics on December 7, 2023 at 4:44 am

Ircon shares tank 8% as govt#39;s OFS issue kicks off; stock up 166% YTD on December 7, 2023 at 4:51 am

Shares of IRCON International tanked nearly 8 percent as the government will sell up to 8 percent stake in the engineering and construction company through an offer for sale (OFS) on December 7 and 8.

From Unicorns to Zombies: Tech Start-Ups Run Out of Time and Money on December 7, 2023 at 5:01 am

After staving off collapse by cutting costs, many young tech companies are out of options, fueling a cash bonfire.

Europe and Asia React to U.S. Push for Tech and Clean Energy on December 7, 2023 at 5:02 am

Other governments, particularly in Europe, are trying to counter the Biden administration’s industrial policies with their own incentives.

SpiceJet shares fly 8% up on board plans to review fund-raising routes on Dec 11 on December 7, 2023 at 5:08 am

As per an exchange filing dated December 6, SpiceJet told that it will meet on December 11, 2023 to discuss and consider options for raising fresh fund raise

Interview: Rajan, Lamba seek honesty, data, debate in Indian policymaking on December 7, 2023 at 5:34 am

Speaking to Moneycontrol ahead of the release of their new book, Breaking the Mould, Raghuram Rajan and Rohit Lamba voice their concerns over the path Indian economic policy is taking

Pitch is improving | RBI to play defensive as crude skids, rupee weakens, US yield eases on December 7, 2023 at 1:42 am

RBI’s MPC is expected to maintain status quo on key rates with fifth consecutive pause when it shares the outcome of the MPC meeting on December 8. The RBI may continue to defend the wicket given softening crude prices, weakening Indian rupee and easing long term US yields.

Paytm#39;s plan to slow down Postpaid loans disappoints brokerages; stock price estimates cut on December 7, 2023 at 2:56 am

Paytm#39;s decision to scale down its low-ticket postpaid lending business comes after the RBI tightened the norms for unsecured consumer lending.

IDFC First Bank stock may open lower as Warburg Pincus likely to offload 1.3% stake on December 7, 2023 at 2:43 am

Madhivanan Balakrishnan has resigned as Executive Director and Key Managerial Personnel of IDFC First Bank, with effect from December 6.