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The 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 information he obtained from his wife, then an employee in Amazon’s finance department, to place trades in Amazon stock, making a profit of $1,428,264.
Toothpaste brands, e-comm sites spent most on TV ads: TAMBollywood star Akshay Kumar was the top celebrity endorser on television, followed by superstar Amitabh Bachchan while cricketers MS Dhoni and Virat Kohli together accounted for 66% of the overall TV ads using celebrities, th… Read MoreStocks in the news: Vedanta, RIL, Future Enterprises, Jindal Steel and Future ConsumerFuture group firms have started getting large orders from Reliance Industries, its CEO Kishore Biyani said in an email to his employees.
from Stocks-Markets-Economic Times https://ift.tt/3pDXVtX
… Read MoreBanking sector sees improvement in health in FY20: RBIThe RBI also expressed concern over rolling back the policy support given to banks to deal with the Covid-19 pandemic in the last eight months.
from Stocks-Markets-Economic Times https://ift.tt/3rG10vp
… Read MoreAnalysts expect fewer loan recasts nowAnalysts are also forecasting lower credit provisions and better profitability for banks in the next fiscal year starting April 1, on the back of improved asset quality with a quick economic turnaround.
from Stocks-Markets-E… Read MorePrice targets for select bank stocks swell by up to 57%ICICI Securities raised the targets on HDFC Bank, Axis Bank, SBI, IndusInd Bank, Bandhan Bank, Federal Bank, DCB Bank, Kotak Mahindra Bank, City Union Bank and YES Bank by 13-57 per cent
from Stocks-Markets-Economic Times ht… Read More
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