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His exit comes as Sundaram is set to buyout the Indian asset management business of US-based financial services group Principal in an all cash transaction, which is waiting for approval from the markets regulator.
Robinhood traders have a troubled track record of stock pickingPicking stocks is hard. Almost nobody has an edge, and it’s no mark of shame when a call fails to pan out.
from Stocks-Markets-Economic Times https://ift.tt/3aFj3dj
… Read MoreSensex sees best Budget week in 10 years with 4,400-point riseSince February 1, the Sensex has added 4,446 points, or 9.6%. This is the highest gains in terms of both points and percentage for the index in one week after the Budget over the last 10 years.
from Stocks-Markets-Economic T… Read MoreAptech case: Rakesh Jhunjhunwala files consent plea in insider trading caseApart from Jhunjhunwala, Aptech board members Utpal Sheth, Ramesh S Damani and Madhu Jayakumar are also learned to have filed consent applications with Sebi. Sheth is the CEO of Jhunjhunwala’s asset management firm Rare Enter… Read MoreStock bulls turn to earnings after Budget-sparked rallyWith India’s daily new Covid-19 infections slowing and the vaccination drive gaining pace, analysts are betting on a stronger rebound in the economy and corporate profits in the months ahead.
from Stocks-Markets-Economic Tim… Read MoreBofA divided as bankers cry foul over special bonus treatmentInitially, the bank planned to apply the new pay structure broadly. But veterans in investment banking and trading revolted upon hearing they’d have to stay through 2024 to reap bonuses for 2020, and management agreed to exem… Read More
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