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Kotak Mahindra is down more than 2 percent, Tata Steel is down 2 percent, ICICI Bank is down 2 percent
Markets

BSE Sensex plunges more than 1,000 points

PGurus Newsdesk - 0
Sensex crashes 1,000 points, Nifty tumbles amid profit booking On Wednesday, led by losses in HDFC Bank, Sensex plunged 1,044 points at 72,084 points. HDFC Bank...
If Iran, a major Hamas supporter, is drawn into the war then it can disrupt oil supplies causing a spike in crude, which can trigger a risk-off in the market
Economy

Huge uncertainty for markets due to Israel-Hamas conflict

PGurus Newsdesk - 1
Israel-Hamas conflict impact on the stock market, crude oil prices The ongoing Israel-Hamas conflict has introduced a huge uncertainty for the markets, says V K...
Among stocks, Maruti Suzuki, Asian Paints, ICICI Bank, Bajaj Auto, and HDFC Bank were the top five losers in the opening session, declining 3.8 percent, 3.8 percent, 3.7 percent, 3.6 percent, and 3.3 percent, respectively
Stocks

Equities fall sharply in early trade; Sensex tanks over 900 points

PGurus Newsdesk - 0
Sensex down 900 points, Nifty below 16,600; financial shares drag As the investors continue to worry about the ongoing geostrategic war, India's key indices --...
The case revolves around the fraud committed through the illegal diversion of clients' securities by Karvy Ltd
Money Laundering

ED arrests Karvy stock broking CMD Parthasarathy, CFO Hari in swindling...

Team PGurus - 1
Karvy group's CMD, CFO conspired to transfer borrowed funds, says ED The Enforcement Directorate (ED) on Thursday arrested Karvy Stock Broking Limited (KSBL) CMD C...
Charges have been increased given the rising cost of ATM deployment and expenses pertaining to ATM maintenance
Banking

Cash withdrawals from ATMs will be heavier on pockets from Jan...

PGurus Newsdesk - 0
Cash withdrawals from ATMs will get costlier from Jan Cash withdrawals from Automated Teller Machines (ATM) are set to become slightly heavier on the pocket...
Forbes rankings are based on a large-scale survey where employees rated their employers on numerous points
Business

Reliance tops India Inc in World’s Best Employer rankings 2021. ICICI...

Team PGurus - 0
Forbes ranking: Reliance becomes number 1 among Indian companies in the world’s best employer ranking 2021 Mukesh Ambani led Reliance Industries Ltd, India’s largest company...
Failures like that of Yes Bank do not happen in isolation and inaction on part of the Government in tracking illegal profits stashed abroad are beginning to hurt
Banking

Saga of Yes Bank: Why you need a competent Finance Minister

Sree Iyer - 12
The hand wringing begins. As people get irate over the risk of their savings, there are newspaper reports that the government will step in...
A look at how Chidambaram was the Rain Maker for his party. Finance Ministry must have been a hobby.
Banking

P7 – What is Chidambaram really worth?

Sree Iyer - 17
Parts 1-6 can be accessed here. This is the concluding part. Some are born great, some achieve greatness and some have greatness thrust upon them...
Banking

Chat with M R Venkatesh on the health of the Private...

Sahil Mishra - 2
In this wide-ranging chat on India's "Private" Banks where no one (including the Reserve Bank of India (RBI)) can tell who the real owners...
Taking aim at the current polity and businesses for lack of Probity in Public life, Prof. RV details how a Finance Minister used verbal gymnastics
Black Money

Conversation with Prof. RV on Black Money, Foreign Ownership in NSE...

Team PGurus - 3
How Prof. RV's new book on Black Money is doing; NSE's attempts to go public; NSE's foreign ownership; Participatory Notes; HDFC and ICICI -...

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