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Microfinance portfolios in Gujarat, Rajasthan, Uttar Pradesh and southern states are performing fairly well if one goes by the credit bureau report, said MFIN chairperson Manoj Nambiar. “But stress is more visible in some states,” he said.
Executive chairperson Rashmi Saluja sells over 20 lakh shares of Religare EnterprisesAs per the disclosure on NSE on April 2, Saluja sold 6.18 lakh shares on March 26, 6.70 lakh shares on March 27, and 7.21 lakh shares on March 28. Following the transaction, Saluja’s holding in REL is reduced to 0.81% from 1.… Read MoreLarry Summers says CPI raises chances that Fed’s next move is to hikeThe former treasury secretary cautioned against a potential Fed rate hike following the US consumer price inflation report. Summers emphasized the risks of a rate cut in June and highlighted the importance of economic indicat… Read MoreGodrej Agrovet buys 7.37 lakh shares in GCGPL for Rs 25 croreGodrej Agrovet invests Rs 25 crore in Godrej Cattle Genetics through rights issue, acquiring 7.37 lakh shares. The subsidiary focuses on agri-business, dairy farming, high-breed cattle, and cattle embryo, remaining wholly-own… Read MoreTrump's media company raises going-concern doubts; shares tumbleThe company posted a net loss of $58.2 million in the year ended December 2023, compared with a net profit of $50.5 million a year earlier. Revenue was $4.13 million last year, up from $1.47 million in 2022, it said in a fili… Read MorePTC India gets shareholders' nod to divest 100% stake in energy armIn October, PTC India announced that the upstream firm ONGC had emerged as the successful bidder for acquiring 100 per cent stake in PTC Energy for an enterprise value of Rs 2,021 crore.
from Stocks-Markets-Economic Times ht… Read More
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