(Bloomberg) — Institutional Shareholder Services urged Boeing Co. investors to vote against a $32.8 million pay package for its chief executive officer, citing concerns over a special equity award and a “sizable increase” in his long-term incentive grant. CEO David Calhoun’s 45% pay jump from the prior year should be […]
Foreign portfolio investors (FPIs) snapped their April’s selling streak and turned net buyers in Indian equities, however, sell-off continued in debt market. Last month, FPIs tuned net sellers in Indian markets ever since reducing their buying momentum with the onset of the new fiscal 2024-25 (FY25). FPIs invested ₹1,156 crore […]
Dividend Stocks: Shares of several companies including Bank of Maharashtra, HCL Technologies, HDFC Bank, and several others among others will trade ex-dividend in the coming week starting from Monday, May 6. Some companies have also announced other corporate actions such as E.G.M. and rights issue. The ex-dividend date is the day […]
Warren Buffett’s Berkshire Hathaway has trimmed cut its massive stake in tech giant Apple Inc for the second straight quarter. In its first-quarter earnings report, Berkshire Hathaway reported that its Apple bet was worth $135.4 billion, implying around 790 million shares. This marks a decline of around 13 per cent […]
RPG Group Chairman Harsh Goenka has warned retail investors of suffering ‘severe losses’ amid the booming stock market as malpractices of Harshad Mehta and Ketan Parekh era are back, particularly in Kolkata. According to the business leader, stock prices are being driven to unrealistic levels as promoters are inflating profits […]
Indegene IPO: The Initial Public offering (IPO) of Indegene Limited is a rare event, set to hit the Indian primary market on 6th May 2024. This marks a significant departure from the norm, as there has not been a single IPO launch during May in the last four General Election […]
The year is 2034. America’s “magnificent seven” firms make up almost the entirety of the country’s stockmarket. For Jensen Huang, the boss of Nvidia, another knockout quarterly profit means another dizzy proclamation of a “tipping point” in artificial intelligence. Nobody is listening. The long march of passive investing has put […]
Stock split 2024: The board of directors of Rushil Decor Ltd will consider a stock split proposal in its upcoming meeting. The company board meeting is scheduled for May 24 2024. If approved, this will be the first time the mainboard issue will undergo a stock split after listing on […]
Stock market strategy for Monday Sumeet Bagadia, a seasoned Executive Director at Choice Broking, believes that the bull trend of the Indian stock market got a dent on Friday as the Nifty 50 index once again plunged after making a double top at around its current resistance placed at 22,800. […]
Stock market outlook: After climbing to a new peak in the week gone by, frontline indices of the Indian stock market failed to sustain at higher levels, and they witnessed heavy correction immediately after touching the new peaks. This might have put doubts into the minds of stock investors about […]