Mumbai

An emotional return for Moshe

An 11-year-old Israeli boy who survived the Mumbai terror attacks almost a decade ago returned for the first time on Tuesday to the house where his parents were killed.

Moshe Holtzberg was two-years-old when Pakistani militants stormed Chabad House on 26 November 2008, killing six people, including Gavriel and Rivka Holtzberg, who ran the Jewish centre. The assault was part of a series of co-ordinated attacks across the Indian city, including on its main train station, that lasted three days and left 166 people dead.

My daughter will be proud of a working mom

Rani Mukerji went through the usual anxiety of a mother when she started Hichki after Adira’s birth, but the actor is confident that her daughter will one day be proud of her working parents. The actor said more than her, it was her husband Aditya Chopra who wanted her to get back to the sets.

Bull run to continue into 2019, says BoAML survey

Despite the global equity markets trading at all time high levels, the risk appetite of investors has not come down, according to a survey of global fund managers. Investors have raised their stock allocations to two-year highs and cut cash positions to five-year lows, with a majority expecting the equity bull run to continue into 2019.

EIH share on winning-spree after restart of Delhi property

EIH share is on an upward trend. After muted trading in the stock for the whole of December, it has suddenly attracted investor attention in the New Year. EIH has moved up steeply since January 1, from Rs 146.93 apiece to Rs 217.60/share.

Sebi set to issue final order against 5 brokerages involved in NSEL scam

Market regulator Sebi is in the process of issuing the final order against five brokerages involved in the Rs 5,500 crore NSEL scam. According to sources, the regulator will soon issue the final order against Philip Commodities, Anand Rathi, India Infoline Commodities, Motilal Oswal and Geofin Commodities.

The regulator had earlier issued show-cause notices to these entities and had given them an opportunity for personal hearings. The five brokers are charged with mis-selling of National Spot Exchange (NSEL) products, which collapsed after the Rs 5,500 crore scam was unearthed.

MF money brings down volatility in stocks

The risk appetite of the Indian market seems to be growing. The India VIX index, the so-called fear index, has hovered at lower range during most part of this fiscal.

Volatility in the Indian market has fallen sharply as stocks were on a steady rise for most part of the current financial. So far in FY18, there are far more days of less than 1 per cent intra-day volatility and fewer days of more than 2 per cent intra-day volatility, which is the lowest in more than a decade, indicating investor complacency.

FPIs cautious ahead of budget

With the market regul­arly setting new highs and domestic liquidity chasing hi­gh returns, institutional investors are displaying a cautious approach of holding on to some cash, buying stocks where there is further potential and partially booking profit.

Capital First deal brings strategic positives for IDFC Bank

The proposed merger of IDFC Bank and Capital First is synergistic given the complementarity of product suites. While the share swap ratio (139 shares of IDFC Bank for every 10 shares of Capital First based on valuations as on January 12), implies a 12 per cent premium in favour of Capital First over its current valuation, the deal brings in more strategic positives for IDFC Bank.

Capital First deal brings strategic positives for IDFC Bank

The proposed merger of IDFC Bank and Capital First is synergistic given the complementarity of product suites. While the share swap ratio (139 shares of IDFC Bank for every 10 shares of Capital First based on valuations as on January 12), implies a 12 per cent premium in favour of Capital First over its current valuation, the deal brings in more strategic positives for IDFC Bank.

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