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dLocal, a cross-border payments specialist for emerging markets with a San Francisco and Tel Aviv presence, has integrated China’s major digital payments providers - AliPay, UnionPay and WeChat Pay -
Snap has had a relatively rocky few months since its March IPO, with its Q1’17 user growth coming in below expectations and its stock witnessing significant volatility amid Facebook’s moves to quickly
A recent Bloomberg report suggests that Nike has entered into a partnership with Amazon to sell its products directly on the latter’s platform. Currently, Nike products available on Amazon’s e-commerc
Reports suggest that Chinese e-commerce giant Alibaba could participate in the next funding round for Grab, a ride hailing start up based out of Singapore. Grab is Uber’s major competitor in Southeast
While equity mutual funds (MFs) have seen robust net inflow of nearly ~40,000 crore in the first five months of 2017, a closer look at the data shows the absolute redemption figure is also quite high,
The Federal Reserve’s annual Comprehensive Capital Analysis and Review for banks did not present any problems to the 34 largest financial institutions in the U.S., as all of them comfortably cleared t
Pulse seeds in Indore mandis showed a mixed trend with chana, masur and tur trading lower on weak physical demand, while moong and urad gained higher with demand outstripping arrival. Masur (bold) d.
Sugar prices ruled steady at all level as demand, supply and volume remained need base. On Thursday 16 mills offered tenders and manage to sell little quantity about 25,000 bags at ?3,650- 3700 for S
The price of the turmeric has touched ?8300 a quintal after two months. The sale of turmeric bags was high on Friday. At the Erode Turmeric Merchants Association Sales yard, finger turmeric sold at..
Spot rubber continued to remain unchanged amidst extremely dull volumes on Friday. RSS 4 quoted steady at ?122 a kg by traders and the Rubber Board. The grade finished flat at ?119 a kg according to.
Prices of several tea varieties declined at the Kochi auctions this week, besides witnessing low or no bids. The auctioneers Forbes, Ewart & Figgis attribute the subdued demand from blenders ...
PIL does not raise questions over the securities market, regulator tells court
The FTSE 100 closed down 15.16 points at 7424.13, as the oil price stayed just below $45 and the pound traded above $1.27.
Investors should be aware that shareholders are placed at the bottom of the liquidation pyramid
ICICI Bank and L&T are the top picks of Deutsche Bank from the sector
The National Stock Exchange on Friday announced introduction of futures and options contracts in five securities. These stocks are: Chennai Petroleum Corporation, ICICI Prudential Life Insurance, Ma.
The initial public offering of GTPL Hathway was subscribed 1.55 times on the last day of the offer on Friday. The IPO of the cable TV and broadband services firm received bids for 2.87 crore shares .
It is sad that rifles made in India by Rifle Factory Ishapore were rejected, second year running, by the Army. So, getting things made in India is the start; a lot more work needs to be done to ensur
US stocks were mostly lower on Friday
The board of directors of Cadila Healthcare will meet on Monday to consider a proposal to raise funds by issue of equity shares/convertible bonds/debentures through qualified institutional placement.
Engineers India will buy back a maximum of 4.2 crore equity shares, representing 6.23 per cent of the paid-up share capital of the company, at a price of ?157 a share. The amount will be paid in cas.
Nectar Lifesciences’ board of directors will meet on Tuesday to consider and approve the audited financial results of the company for financial year 2016-17, financial statements and recommendation .
Accenture reported its Q3 2017 results on June 22, posting 5% year-over-year growth (7% in constant currency) in revenues to $8.87 billion. In our pre-earnings note published earlier, we stated that w
The rupee remained under pressure against the US dollar for the third straight day on Friday, depreciating 7 paise to end at a fresh three-week low of 64.59 on steady demand for the US currency amid
Early onset of the monsoon and its progress has led to an increase in the area sown till Friday of this kharif season, year-on-year. Alongside, the depressed price of pulses have led more farmers to r
The optimism that permeated the commodity markets due to OPEC’s resolve to rebalance the oversupplied oil markets has now turned into some pessimism.
Restaurant Brands International (NYSE: QSR) is facing several challenges from its Tim Hortons’ franchisees. While many franchisees have been disgruntled for a while, they are now seeking a class actio
Dow and DuPont recently cleared the final major hurdle in their proposed merger by winning U.S. anti-trust approval. This approval is contingent on DuPont selling part of its herbicide/insecticide bus
Bed Bath & Beyond reported weak fiscal first quarter results on Thursday, June 22, as both its revenues and earnings fell short of consensus estimates. The company’s stock tanked in after hours tradin
From new fund raising instruments like municipal bonds and infrastructure investment trusts (InvITs) to passing orders in long-pending matters like the Reliance Industries 'unlawful gain's case, Ajay
Today I’m going to show you why some funds are killing the S&P 500—and how you can dramatically boost your odds of doing exactly the same thing.
Operating losses and IPOs below private market valuation are the punishment for investors who bet they could profit from pricing picks and shovels to the cloud industry below cost. Avoid Tintri -- the
Fears London is losing its grip on the multi-billion pound euro clearing market have intensified after the ECB made its strongest push yet to gain control of oversight of the market.
If you're having issues with your student loans, you're certainly not alone, according to a new report from the Consumer Financial Protection Bureau.
Caution prevails ahead of GST launch on July 1
The BSE today directed brokers to submit the internal audit report for six months ended March 31 by June 30. Non-submission of the report within the cut-off period will attract penalty. All bro...
The BSE Midcap index lost 1.2 percent and Smallcap index fell 1.5 percent as about three shares declined for every share rising on the exchange.
Another wobble in commodity-related shares saw British blue-chips extend their underperformance against continental European peers on Friday, a year on from Britain's vote to leave the European Union
There were more than three losers against every gainer on BSE
Gold prices climbed to one-week highs on Friday, boosted by a lower dollar and economic and political uncertainty around the world, but the prospect of further interest rate rises in the United State
JK Cement would raise up to Rs 1,000 crore from the market for funding its long-term growth, repayment of debt and general corporate purposes. The board of the company at a meeting held today “dec...
The stock hit a fresh 52-week high of Rs 18.60, rallied 99% from Rs 9.34 on May 24.
Gold prices rose Rs 90 to Rs 29,190 per 10 grams at the bullion market today on positive global cues and increased buying by local jewellers. Silver also strengthened by Rs 50 to Rs 39,050 per kg o..
Gold prices edged higher on Friday as the dollar softened and risk aversion due to geopolitical events buoyed the safe-haven appeal of the metal. “Risk aversion is on the rise, mainly due to what'...
In the broader market, the S&P BSE Midcap index was little changed
Piramal Enterprises has said that the board has approved issuance of privately placed non-convertible debentures to raise up to Rs 125 crore. The company, however, did not disclose the intent of t...
On June 22, Orient Global Cinnamon Capital purchased 17.6 million shares at Rs 200 per share.
Caution prevails ahead of GST launch on July 1
The dollar dipped to a four-day low against major currencies on Friday and the euro rose on the recent raft of robust data. Traders were looking to US inflation data due next week to provide clues ..
China stocks rose on Friday to end the week higher, on signs tight liquidity is easing and with the sentiment lifted by MSCI's decision to include mainland shares in a key index. The blue-chip CSI3..
The gains have come after Ajay Singh took over the reins from Kalanithi Maran in February 2015
The rupee was trading strong at 64.50 againt the dollar on fresh selling of the American currency by banks and exporters. According to dealers, a weak dollar overseas supported the rupee. The do...
Silver prices moved up by Rs 145 to Rs 38,365 per kg at the futures trade today as speculators built up positions amid a firm global trend. At the Multi Commodity Exchange, silver for delivery in J..
Caution prevails ahead of GST launch on July 1
Nifty 50 June Futures (9,585) The Nifty started the session on a positive note at 9,639 and marked an intra-day high of 9,640 levels. But the contract failed to sustain the momentum and fell sharp...
Shares of Indian Oil Corp hit near 3-month low, and technicals suggested the end of uptrend. The stock fell as much as 3.93 per cent to Rs 378.05, its lowest since 31 March. The stock price has...
The healthcare sector was the only area in the black, up 0.6 per cent, as weak oil prices and a bearish outlook for the mining industry weighed on many of the UK’ s largest companies.
In the broader market, the S&P BSE Midcap index was little changed
Shares of Fortis Healthcare fell as Integrated Healthcare has pulled out of the deal. Shares of Fortis Healthcare Ltd were down as much as 8.3 per cent to 181.55. The stock posted its biggest intr...
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