Government notifies 12% wage hike for employees of PSU general insurers; links next with performance
“This Scheme may be called the General Insurance (Rationalisation of Pay Scales and other Conditions of Service of Officers) Amendment Scheme, 2022,” a gazette notification dated October 14, 2022 said. This wage revision is effective from August 1, 2017 and applicable to those who were in the service of these companies, it said, adding that […]
A sneak peek of Rahul Shah’s top Diwali picks
“IT companies have generously rewarded the shareholders in the last five years. In terms of PAT, 80% of what they have generated, have been paid back in terms of dividends and buybacks. If you are considering the next one year, I think IT stocks will definitely reward investors handsomely.”
These two banking stocks are Nooresh Merani’s top picks for coming week
‘The Axis Bank stock is setting up for a breakout above that 820-mark, which is the resistance for the last one, two, three years’
Dalal Street Week Ahead: Limit fresh purchases to defensive pockets
It would also be critically important to watch the behaviour of the US markets; the S&P500 index has not only taken support on the 200-Week MA, it has also shown a strong bullish divergence of the RSI against the price
L&T Infotech Q2 net profit up 23% to Rs 680 cr
The company is in the process of amalgamating Mindtree with itself, which was approved by its shareholders and unsecured creditors on August 10. LTI in its filing shared that the National Company Law Tribunal, Mumbai bench approved the merger on September 19, while NCLT Bengaluru has reserved its order on the same.
Learn with ETMarkets: Why are exits more vital than entries
I find that most traders, even the more seasoned ones, often falter while choosing the best place to exit a stock
How is a ready-to-invest portfolio different from MFs?
People who have experienced losses in the past often end up blindly investing in a mutual fund with the hope that the fund manager will do justice with their money
HDFC Bank Q2 Results: PAT rises 20% YoY, NII grows 19%
Asset quality improved sequentially for the private sector lender. The gross non-performing asset ratio (GNPA) was 1.23 per cent as on September 30, compared with 1.28 per cent quarter ago. The net NPA ratio at 0.33 per cent as on September 30, was lower than 0.35 per cent a quarter ago.
Avenue Supermarts Q2 Results: Profit rises 63% YoY to Rs 730 crore; revenue jumps 36%
The earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter rose more than 33 per cent on year to Rs. 895 crores. However, operating margin dipped by 14 basis points to 8.62 per cent.
How is a ready-to-invest portfolio different from MFs?
People who have experienced losses in the past often end up blindly investing in a mutual fund with the hope that the fund manager will do justice with their money