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Ravi Tiku’s Perspective: Decoding Today’s Headlines

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Finance News

US Orders Tata-Led Air India To Pay $121.5 Million As Passenger Refunds

November 16, 2022
Air India

US orders six airlines to pay $600 million as refunds The US has ordered Tata-group owned Air India to pay a whopping $121.5 million as refunds and $1.4 million as penalties. Market NewsPress Trust …

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Categories Finance News Tags Air India, USA

Amazon Plans To Lay Off 10,000 Employees As Losses Mount: Report

November 15, 2022
Amazon

Amazon has asked employees in unprofitable units to look for other opportunities within the company, the Wall Street Journal reported. World NewsEdited by Abhimanyu Kulkarni Updated: November 14, 2022 11:41 pm IST New Delhi:  Amazon …

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Categories Finance News Tags .Lay off of staff, Amazon

Bombay High Court Refuses Ex-ICICI Bank CEO Chanda Kochchar’s Post-Retirement Plea

November 14, 2022
Chanda Kochhar

Former ICICI Bank CEO Chanda Kochhar’s post-retirement plea rejected Justice Gahla also stated that Ms Kochhar’s termination was valid Market NewsEdited by Rahul Karunakar Updated: November 11, 2022 9:42 am IST The Bombay High Court …

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Categories Finance News Tags Bank Fraud, High Court, ICICI-Ex CEO

Mid-Cap Investment Schemes The Pick Of Mutual Funds In October

November 13, 2022
shares fluctuating

50% of total mutual funds inflows were in the mid-and small-cap investment schemes Inflows into Equity mutual funds declined in October, but mid-cap and small-cap investment schemes accounted for one-third of the capital inflows. …

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Categories Finance News Tags Mid cap investments, Mutual funds

Nykaa Wins Back Investor Confidence Driving Its Shares To Surge Over 10%

November 12, 2022
Nykaa ad

New-age stock Nykaa surged over 10% despite the lock-in expiry New-age stock Nykaa surged over 10 per cent in early trade on Friday. Market NewsReported by Sreekumaran Nettath, Edited by Rahul KarunakarUpdated: November 11, 2022 5:20 …

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Categories Finance News Tags Nykaa, Share market

Small Loans Business Up A Robust 16.5 Times In 10 Years

November 11, 2022
Microfinance

MicroFinance Institutions Network said microfinance in creates 1.3 crore jobs per year The microfinance business has grown 16.5 times to ₹ 2,85,441 crore in the past ten years, according to India Microfinance Review FY 2021-22. Your …

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Categories Finance News

The government’s push to facilitate international trade in domestic currency is a good idea

November 10, 2022
Indian domestic currency

It links up with the limitations to such domestic currency-based trade settlements. The first is, of course, geopolitical: Russia has now emerged as India’s biggest crude supplier, from a distant No 12 in 2021-22. …

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Categories Finance News Tags domestic currency transactions, International trade

Mark Zuckerberg’s “Sorry” For 11,000 Layoffs, That’s 13% Of Meta’s Team

November 10, 2022
Mark

Mark Zuckerberg today announced that Meta would fire 11,000 employees. Mark Zuckerberg, taking accountability for the layoffs said, “I know this is tough for everyone, and I am especially sorry to those impacted.” World …

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Categories Finance News Tags Mark, Meta, Retrenchment Policy

State Bank Of India (SBI) Shares Surge To All-Time High Boosted By Record Quarterly Profit

November 8, 2022
SBI

SBI: Bad loans declined to 3.52 per cent of the gross advances, which is seen as a healthy trend. State Bank of India: Analysts attributed the jump in SBI share price to the bank …

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Categories Finance News Tags Profitability, SBI, shares

10 Important Facts About Indian Mid-Cap Stocks

November 6, 2022
stocks

Multibagger midcap stocks in India Midcaps are considered risky bets. But if you understand them well, you could turn the odds in your favor. Market NewsEquitymasterUpdated: November 04, 2022 3:53 pm IST Mid-cap stocks are …

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Categories Finance News Tags Mid cap stocks, Stock market
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