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Share prices of ITC have closed in the green for eight straight months since March 2022. The stock has been consistently maintaining its uptrend and can be seen trading in a rising channel on broader charts.

Recent weakness was spurred by the Seattle company’s earnings report last week, when it projected the slowest holiday-quarter growth in its history. Amazon, which had posted record profits during the pandemic, said sales would increase by only 2% to 8% during what has traditionally been its peak season.

IIFL Finance aims to triple co-lending book

Updated at : 2022-11-03 07:25:03

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“IIFL Finance has transformed its business model from being a pure non-bank lender to increasingly a co-lending partner with banks,” said Nirmal Jain, founder IIFL group and managing director, IIFL Finance. “IIFL Finance has benefited from the co-lending model, where it keeps only about one-fifth of the loan on its own books and four-fifth goes to the bank’s books,” he told ET.

The company in its board meeting on Tuesday approved a Rs 85 crore share buyback plan through tender offer

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Powell said there is "significant uncertainty" around the level of rates needed to bring down inflation

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There is no plan to list SBI Mutual Fund for now," Khara told reporters on the sidelines of the national banking summit here. Without citing any reason, he said the IPO plan stands shelved for now.On December 15, 2021, SBI had announced its plan to offload a 6 per cent stake in SBI MF through an IPO and was planning to raise around USD 1 billion.

The central bank’s meeting is primarily to discuss and draft an explanation to the government on the failure to adhere to the inflation target for three consecutive quarters.

“We expect HDFC to deliver 4% QoQ loan growth in the individual segment, translating to a 19% growth in individual loans. Overall, loan growth is (seen) lower at 16% due to slower growth in the non-individual segment,” Kotak Institutional Equities said in its report.

“I think one investment mantra for entrepreneurs is to find uniqueness in what you invest in. There is so much that is coming at people right now, especially because we are living in the age of information and so much is thrown at you, it is difficult to see through what is true, what is not, what is a lie and what is a facade. To be able to see through the facade is really important,” says Priyanka Chopra Jonas.

“Approved and recommended a bonus issue of equity shares in the ratio of 1:1 i.e. 1 equity share of Rs 5/- each is issued for every one existing equity share of Rs 5/- each held by the shareholders, as on the record date, subject to the approval of shareholders in compliance with the applicable laws, said the company’s filing with the exchange.

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