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The biggest hit to Bezos’s wealth was his divorce last year. His ex-wife MacKenzie Scott received a 4 per cent stake in Amazon as part of the split. Scott, now worth $61.6 billion, is the 13th-richest person in the world.
Reliance Capital Q4 Results: Loss narrows to Rs 1,649 croreOn a standalone basis, Reliance Capital posted a loss of Rs 3,865 crore as against Rs 2,501 crore at the end of same quarter a year ago.
from Stocks-Markets-Economic Times https://ift.tt/3b9rZss
… Read MoreIDFC First Bank Q4 Results: Profit jumps 78% to Rs 128 croreTotal income during the fourth quarter rose to Rs 4,834 crore as against Rs 4,576 crore during the same period of FY20, IDFC First Bank said in a regulatory filing.
from Stocks-Markets-Economic Times https://ift.tt/3tx8BvY
… Read MoreHDFC to off-load 0.62% stake in general insurance subsidiaryHDFC has entered into a share purchase agreement for sale of 44,12,000 equity shares of Rs 10 each, representing 0.62 per cent of the issued and paid-up share capital of HDFC Ergo.
from Stocks-Markets-Economic Times https://… Read MoreThis is a buy-on-dips market, but do watch the financials closelyThe equity indices remained elevated because of other macro factors such as GST collection, which hit a record high of Rs 1.41 lakh crore in April, and the headline manufacturing PMI -- which managed to stay above the 50 mark… Read MoreDMart Q4 preview: Profit may surge 50% YoY, margins may contract QoQThe chain of hypermarkets had in a filing to exchanges on April 5 suggested a standalone revenue growth of Rs 7,303.13 crore for the March quarter, up 17.91 per cent over Rs 6,193.53 crore in the same quarter last year.
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