Edward Johnson 
“So, obviously, Sun will be my top of the priority in the Nifty universe as well and I would also look at Lupin, the numbers were in line with what we were estimating. So, I think post Sun, Lupin would be my preferred bet,” says Rahul Shah, MOSL.What is your view on the pharma? I … Read more
Not long ago, Bangladesh was hailed as an economic miracle. Its singular focus on exporting textiles and apparel delivered rapid growth, lifting millions out of poverty and winning the country’s prime minister, Sheikh Hasina, fame and admiration. But Hasina’s abrupt exit from power this week has exposed the limitations of that strategy, as Bangladesh struggles … Read more
New Delhi: The ouster of Bangladesh’s autocratic premier sparked celebrations in Dhaka this week but alarm in neighbouring India, which backed Sheikh Hasina to counter rival China and quash Islamist alternatives, analysts say. It has created a diplomatic dilemma for the regional powerhouse. Hasina, 76, quit as prime minister in the face of a student-led … Read more
Washington DC: Sajeeb Wazed Joy, son of former Bangladesh Prime Minister Sheikh Hasina, has claimed that the recent protests in Bangladesh were likely instigated by a foreign intelligence agency, specifically suspecting the involvement of the ISI. Speaking to ANI, he said that the unrest was driven by external forces rather than domestic issues and criticized … Read more
Mumbai: Retail investors continued to pour money into equity mutual funds through systematic investment plans (SIPs) and lump-sum allocations. Equity mutual funds, led by thematic funds, received ₹37,113 crore in July, as against ₹40,608 crore in June. Flows through SIPs into mutual funds increased, touching a new monthly record of ₹23,332 crore compared to ₹21,262 … Read more
Mumbai: Stock exchanges will expand the enhanced surveillance measure (ESM) framework from August 13 to include mainboard companies with a market capitalisation of up to ‘1,000 crore. Previously, the ESM framework applied only to companies with a market capitalisation of less than ‘500 crore. To address volatility in smallcap stocks, ESM mechanism was introduced in … Read more
Mumbai: India’s capital markets and banking regulators are taking steps that would encourage investments in green bonds and also help expand the broader debt market. To enable companies to issue Environmental, Social, and Governance (ESG) bonds locally, the Reserve Bank of India’s (RBI) chief general manager Dimple Bhandia talked about the need for an enabling … Read more
“Even if the AI boom turns out to be an AI bubble, the LLMs aren’t going anywhere,” the Guardian’s UK technology editor, Alex Hern, tells Michael Safi. “Whether or not OpenAI goes bust, whether or not Google and Microsoft’s valuations plummet back to the ground, there is this technology that was created. They may go … Read more
Rachel Reeves has been in the US this week trying to lure investment into the UK. Good luck with that, chancellor. With racist riots occurring nightly, it is perhaps not the best time to be declaring that Britain is open for business. Rather, the message likely to be picked up on the other side of … Read more
In its pomp during the 1970s, Ardersier port near Inverness was a behemoth of Scottish industry. During the North Sea oil and gas boom, thousands worked on one of the largest rig construction sites in the world. Disused since 2001, the port is making a triumphant comeback, to be reconfigured as a giant hub for … Read more
