New Delhi: State Bank of India chairman Dinesh Kumar Khara said the planned share sale of the bank’s mutual fund subsidiary has been shelved for the time being. SBI Mutual Fund, the country’s largest asset manager with around Rs 6.5 lakh crore in asset under management, had in February selected seven merchant bankers for […]
Earlier this year, an anonymous bidder at a charity auction paid $19 million to have lunch with Warren Buffett. I have no doubt that the mealtime conversation was interesting. Most people will never get the chance to have a face-to-face talk with Buffett. However, you don’t have to sit down with the Oracle of Omaha […]
FTX’s bankruptcy-era CEO, John J. Ray III, appointed to shepherd the collapsed crypto exchange through Chapter 11 reorganization, testified on Tuesday the company’s founder and former CEO, Sam Bankman-Fried, made multiple misstatements about his companies’ financials. Ray, who oversaw Enron’s infamous corporate fraud, characterized FTX’s actions as “old fashioned embezzlement.” “This is just taking money […]
The folks at IndexIQ held a bell event recently at Nasdaq to promote the launch of a suite of exchange-traded fund products: The IQ U.S. Large Cap R&D Leaders ETF (LRND) , IQ U.S. Mid Cap R&D Leaders ETF (MRND) and IQ Global Equity R&D Leaders ETF (WRND) . The funds were actually launched in […]
If you’ve got an end-of-year bonus or some extra cash right now, you may be doing one particular thing: investing in gifts or holiday purchases. But there’s another area begging for your attention and promising rewards over the long term, and that’s the stock market. Many stocks are trading at record lows these days. The […]
WASHINGTON, D.C. — An American stockbroker who made a fortune in the Russian market in the 1990s and 2000s and later co-founded a posh Moscow nightclub before leaving the country died after being found lying on a sidewalk in Washington, police said. Police said they were investigating the death of Dan Rapoport, 52, who was […]
Milliken & Company, a textile manufacturer based in Spartanburg, will invest $27.4 million to expand operations in Blacksburg, the company announced Dec. 9. The expansion at 157 New Milliken Road is expected to be complete by the end of 2022 and create 75 new jobs. It will include newly added production lines to increase the […]
DUBLIN, Dec. 12, 2022 /PRNewswire/ — The “Entertainment Insurance Market By Insurance Type, By Coverages, By Distribution Channel, By End User: Global Opportunity Analysis and Industry Forecast, 2021-2031” report has been added to ResearchAndMarkets.com’s offering. Research_and_Markets_Logo According to this report the entertainment insurance market size was valued at $3.1 billion in 2021, and is estimated […]
