Edward Johnson 
Mumbai: Valuations have been the big buzzword on Dalal Street for a while now but its suddenly gaining momentum. These days every conversation begins with the P/E ratio (price to earning ratio, which compares the current price of the share with its per share earnings) and ends with a loud proclamation that the valuations look … Read more
A company owned by the former chancellor Philip Hammond has declared an increased dividend of £600,000, after working for clients including the government of Saudi Arabia, Companies House filings suggest. Accounts for Matrix Partners Ltd, set up by the Conservative peer after he left office, indicate that the consultancy business has performed strongly thanks to … Read more
The Nifty started Wednesday’s trade on a rather timid note. As the underlying index was quietly drifting downwards, the futures started trading at a deeper discount of nearly 10 points. It was the last hour of trade that saw better volumes and a sharp movement. The fall amid global uncertainties has brought the Nifty once … Read more
A public inquiry into the Horizon IT scandal at the Post Office has produced enough evidence for police to investigate senior staff, according to lawyers for postmasters who were wrongly convicted of crimes including theft and fraud. Hundreds of people who owned and operated post offices were wrongfully investigated, prosecuted and convicted between 1999 and … Read more
Mumbai-based top investor Vijay Kedia, known for picking multibaggers at an early stage using SMILE philosophy, has seen 10 out of 15 portfolio stocks more than doubling wealth in the calendar year 2023. On a year-to-date basis, the top gainer in his Rs 1,500-crore portfolio is smallcap civil construction stock Om Infra which has rallied … Read more
Since the summer, there have been rumours that the government is looking to cut inheritance tax. The prospect of an early election has only heightened speculation that this is coming in the March budget. While commentators and pundits argue over the question of whether or not a cut is coming, they miss the more important … Read more
Dinshaw Irani, CIO, Helios MF, says “people have FOMO, the fear of missing out, but the point is that there are so many stocks in the market, and we have seen that consistently around a third of the market does fairly well, and that is like a huge amount of stocks. So we have enough … Read more
UK takeover and tie-up dealmaking shrank by a third this year, hitting its lowest level since 2009, as rising interest rates and concerns over Britain’s economic outlook affected buyers’ appetites. Figures compiled by London Stock Exchange Group’s Deals Intelligence team show that the total value of mergers and acquisitions deals involving UK firms fell by … Read more
Asian Paints Ltd, part of the paint industry, might be down marginally from the July 2023 high but chart pattern suggests that the stock is gaining momentum and should be able to hit fresh record highs in 2024. Short-term traders can look to buy the stock now or on dips for a possible target above … Read more
In this photo illustration, Cheddar News logo is seen on a smartphone and on a pc screen. Sopa Images | Lightrocket | Getty Images Cheddar News-owner Altice USA announced Thursday it has sold the financial news streaming service to the media company Archetype, which is owned by private equity firm Regent LP. CNBC previously reported … Read more
