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The resolution plan also includes the restructuring of Future Retail’s non-convertible debentures (NCDs) that are listed on bourses. However, NCDs issued to certain trusts and US bonds, carrying an annual interest of 5.6% and maturing in 2025, will not be part of the resolution plan, Future Retail said.
Archegos Capital Management blowup prompted review at Morgan Stanley“We're comfortable with what we're finding," Gorman said at a conference hosted by his bank.
from Stocks-Markets-Economic Times https://ift.tt/3gBSclz
… Read MoreJB Chemicals & Pharma Q4 results: Net profit jumps two-fold to Rs 101 crConsolidated revenue from operations stood at Rs 528 crore for the quarter under consideration. It was Rs 444 crore for the same period a year ago, it added.
from Stocks-Markets-Economic Times https://ift.tt/3zks8nv
… Read MoreEx-Amazon staffer’s husband jailed for insider trade in US, had gained $1.4 millionThe husband of a former Amazon employee has been sentenced to 26 months in prison for insider trading of its stock. Viky Bohra, 37, pleaded guilty in November 2020, admitting that between 2016 and 2018, he used inside informa… Read MoreDay trading guide for TuesdayGoing ahead, we expect the index to extend its northbound journey and gradually head towards our earmarked target of 16,100 in June 2021 backed by strong global setup and robust price structure.
from Stocks-Markets-Economic … Read MoreAMC jumps more than 18%, other 'meme stocks' mixedAMC’s shares were recently up 18.3% at around $58.50 after edging 3% higher last week. The company said in a filing last week that over 80% of its shares were held by retail investors.
from Stocks-Markets-Economic Times http… Read More
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