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Despite sharp drops from their 2021 peaks, several of the stocks caught up in the meme-stock trading frenzy are trading higher then they were at the start of 2021. AMC and GameStop remain up about 600% and 400%, respectively, from their Dec 31, 2020 closing levels.

European shares drop on hawkish Fed; LVMH shines

Updated at : 2022-01-28 15:20:03

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The pan-European STOXX 600 fell 0.8 per cent, on course for its fourth straight weekly decline, with autos and chemical stocks leading losses.

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The city-headquartered bank had acquired a stake in the life insurer post amalgamation of the erstwhile Oriental Bank of Commerce (OBC) into itself last fiscal year. The erstwhile OBC held 23 per cent stake in the life insurer, which by virtue of amalgamation has come to PNB.

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Inviting bids for sale of properties in the recovery proceedings against Ramel Industries and its promoters or directors, Sebi said the e-auction will take place on February 24, 2022 between 10.30 am and 12.30 pm.

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"We continue to see multiple positive indicators for our business - the uptick in new leasing, our delivery of the 1.1 million square feet (MSF) JP Morgan campus, our 4.6 MSF of development pipeline, and a 5 MSF potential acquisition opportunity in Chennai," Holland said.

​The revenue from operations came in at Rs 5,103 crore, up 8.3 per cent against Rs 4,711 crore in the corresponding quarter last year.

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As of 31-Dec-2021, promoters held 66.33 per cent stake in the company, while FIIs held 20.8 per cent and domestic institutional investors had 0.14 per cent.

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Net interest income (NII) for the quarter rose 11.81 per cent YoY to Rs 4,334 crore from Rs 3,876 crore in the same quarter last year. Net interest margin (NIM) for Q3FY22 came in at 4.62 per cent.

“I will celebrate if the government does very little in this Budget. ”

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For sin goods categories, any increase in excise duty or NCCD duty on cigarettes and tobacco products will be negative for key players such as ITC, VST Industries, and Godfrey Phillips.

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