lipped from: https://www.business-standard.com/article/pti-stories/tata-sons-ticl-to-participate-in-tcs-mega-buyback-offer-to-sell-shares-worth-rs-12-993-cr-122011400687_1.html At Rs 4,500 apiece, the two entities stand to rake in about Rs 12,993.2 cr Tata Consultancy Services promoters – Tata Sons and Tata Investment
Day: January 15, 2022
Markets rally as US Fed expands balance sheet; $31 bn added in last 2 weeks | Business Standard News
lipped from: https://www.business-standard.com/article/markets/markets-rally-as-us-fed-expands-balance-sheet-31-bn-added-in-last-2-weeks-122011500033_1.html Historically, there has been a high positive correlation between the changes in the US Federal balance sheet and the changes in the Indian
Banks park Rs 4.3 trn in Rs 5-trn variable rate reverse repo auction | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-park-rs-4-3-trn-in-rs-5-trn-variable-rate-reverse-repo-auction-122011500012_1.html From this year, the central bank has moved to variable rate reverse repo auctions, instead of fixed rate auctions Illustration: Ajay Mohanty Banks on
Year-on-year analysis of economic performance serves a very limited purpose | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/year-on-year-analysis-of-economic-performance-serves-a-very-limited-purpose-122011500131_1.html A year-on-year analysis is useful in a conceptual way as it accounts for the seasonal impact on the data, but it tells you
Boom time for companies: What record profits may mean for govt’s revenue | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/boom-time-for-companies-what-record-profits-may-mean-for-govt-s-revenue-122011401094_1.html If much higher profits this year do not propel corporation tax revenue to a level higher than the FY19 peak, something must be
Chip crunch, pandemic, high costs drag Dec qtr auto sales to multi-year low | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/chip-crunch-pandemic-high-costs-drag-dec-qtr-auto-sales-to-multi-year-low-122011401129_1.html The auto industry body expects current quarter to be better but stops short of sharing any guidance owing to pandemic related uncertainties Photo:
RBI proposes adding corporate bonds in banks’ HTM category | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-proposes-adding-corporate-bonds-in-banks-htm-category-122011500007_1.html An investment in the HTM category doesn’t require to be valued at the current market price The Reserve Bank of India (RBI) on Friday proposed