19 January 2024

SBI Raises Rs 5,000 Crore via AT1 Perpetual Bonds: What It Means for Investors Source and Citation: Article published by ET Bureau in Economic Times on January 19, 2024. Analysis for a Layman The State Bank of India (SBI), the country’s largest lender, has successfully raised Rs 5,000 crore by issuing Additional Tier 1 (AT1) perpetual […]

SEBI Imposes Stricter Disclosure Norms for FPIs on Overseas Derivative Instruments Source and Citation: Article published by ET Bureau in Economic Times on January 19, 2024. Analysis for a Layman The Securities Exchange Board of India (SEBI), the capital markets regulator, has introduced enhanced disclosure requirements for Foreign Portfolio Investors (FPIs) regarding the ultimate beneficiaries of

Oracle Financial Services Software (OFSS) Reports Strong Q3 Results Source and Citation: Article published by ET Bureau in Economic Times on January 19, 2024. Analysis for a Layman Shares of Oracle Financial Services Software (OFSS), a banking software solutions provider, surged more than 27% to reach all-time highs following its impressive Q3 2022 earnings report. The

RBI’s Assessment and Outlook for India’s Economy in 2024 Source and Citation: Article published by ET Bureau in Economic Times on January 19, 2024. Analysis for a Layman The Reserve Bank of India (RBI) has released a report assessing the state of the Indian economy, expressing confidence in sustaining the robust ~7% GDP growth momentum experienced

NSE Retains Top Spot as World’s Largest Derivatives Exchange Source and Citation: Article published by ET Bureau in Economic Times on January 19, 2024. Analysis for a Layman India’s National Stock Exchange (NSE) has secured its position as the world’s leading derivatives exchange group for the fifth consecutive year in 2023. This recognition, awarded by the

IndusInd Bank Reports 17% Higher Q3 Profits Source and Citation: Article published by ET Bureau in Economic Times on January 19, 2024. Analysis for a Layman IndusInd Bank, a private sector lender, reported a 17% year-on-year rise in net profit for the December 2022 quarter, reaching Rs 2,301 crore. The growth was driven by a robust

State Bank of India (SBI) Explores Loan Sale in Hindusthan National Glass Source and Citation: Article published by ET Bureau in Economic Times on January 19, 2024. Analysis for a Layman State Bank of India (SBI) is considering selling its Rs 1,272 crore loans to bankrupt glass bottle maker Hindusthan National Glass (HNG) to asset reconstruction

Sterling & Wilson Reports Narrowed Losses and New Solar Power Orders Source and Citation: Article published by ET Bureau in Economic Times on January 19, 2024. Analysis for a Layman Sterling & Wilson Energy Limited, an engineering solutions company, reported a narrowing of its consolidated net losses to Rs 62 crore in the December 2022 quarter,

Mixed Q3 Results Expected for India’s Metals and Mining Companies Source and Citation: Article published by ET Bureau in Economic Times on January 19, 2024. Analysis for a Layman Analysts predict a mixed bag for metals and mining companies in the December 2022 quarter earnings, with miners expected to perform well while steelmakers face margin pressures.

Resilience in India’s Smartphone Market: 2023 Recap Source and Citation: Article published by ET Bureau in Economic Times on January 19, 2024. Analysis for a Layman India’s smartphone market demonstrated resilience in 2023, narrowly avoiding steep shipment declines witnessed in previous years. The market contracted by just 2%, reaching approximately 148 million units. Market trackers Canalys