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Market's wild ride evokes memories of trading before Lehman blowup

Two-year US Treasury yields surged 29 basis points as bond prices tanked. The yield jumped 54 basis points since Thursday night, the biggest two-day increase since 2008

Market's wild ride evokes memories of trading before Lehman blowup
Updated On : 14 Jun 2022 | 10:14 AM IST

Metropolis tanks 27% in 1-mth on promoter stake sale buzz, latter clarifies

The promoters of Metropolis Healthcare on Monday after market hours clarified that they have no intention to exit the business.

Metropolis tanks 27% in 1-mth on promoter stake sale buzz, latter clarifies
Updated On : 14 Jun 2022 | 9:59 AM IST

Gold unchanged today, trading at Rs Rs 52,760, silver down by Rs 500

Gold remained unchanged on Tuesday from previous day's closing rate, with 10 gram of 24-carat gold trading at Rs 52,760

Gold unchanged today, trading at Rs Rs 52,760, silver down by Rs 500
Updated On : 14 Jun 2022 | 9:14 AM IST

Top Headlines: IPL media rights & Viacom18, CBDT on cross-border disputes

Digital media rights for IPL matches could lift the OTT play of Reliance Industries-led Viacom18, posing a challenge for the current leaders. Read more in our top headlines

Top Headlines: IPL media rights & Viacom18, CBDT on cross-border disputes
Updated On : 14 Jun 2022 | 9:03 AM IST

Military life without joining armed force: What is the Tour of Duty scheme?

Army has branded the Tour of Duty (ToD) as an opportunity for India's youth to experience military life without having to join the armed forces -- Army, Navy, and the Air Force -- on a long-term basis

Military life without joining armed force: What is the Tour of Duty scheme?
Updated On : 14 Jun 2022 | 8:58 AM IST

Sanjeev Gupta's Liberty Steel says reached a standstill with Greensill Bank

Sanjeev Gupta's Liberty Steel said it reached a standstill agreement with Greensill Bank AG, its largest creditor, on debt facilities relating to its European steel businesses

Sanjeev Gupta's Liberty Steel says reached a standstill with Greensill Bank
Updated On : 14 Jun 2022 | 8:48 AM IST

Mehul Kothari recommends buying Axis Bank, Fine Organic above these levels

According to the technical analyst from Anand Rathi, Axis Bank can rally up to Rs 670 in the next 2 - 3 trading sessions.

Mehul Kothari recommends buying Axis Bank, Fine Organic above these levels
Updated On : 14 Jun 2022 | 7:38 AM IST

Stocks to watch: Bajaj Finance, Zydus Lifesciences, Tata Steel, Amara Raja

Stocks to watch today: Bajaj Finance has raised fixed deposit rates by up to 20 basis points; Zydus Lifesciences will open its share buyback offer on June 23 and close on July 6.

Stocks to watch: Bajaj Finance, Zydus Lifesciences, Tata Steel, Amara Raja
Updated On : 14 Jun 2022 | 7:34 AM IST

Consumer sentiments uncertain

Consumer expectations in rural India were down by 1.7 per cent in May while expectations in urban India improved by 6.4 per cent

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Updated On : 14 Jun 2022 | 7:29 AM IST

Elon Musk to address Twitter staff for first time since deal on Thursday

Many employees are unhappy with Musk, who has been openly critical of the company, its products and its policies

Elon Musk to address Twitter staff for first time since deal on Thursday
Updated On : 14 Jun 2022 | 7:20 AM IST

US equities tumble, S&P 500 confirms bear market as recession worry grows

US equities tumbled on Monday, with the S&P 500 confirming it is in a bear market, as fears grow that the expected aggressive Fed rate hikes would push the economy into a recession

US equities tumble, S&P 500 confirms bear market as recession worry grows
Updated On : 14 Jun 2022 | 6:51 AM IST

Best of BS Opinion: Rights violations, reflections of a US trip, and more

The right to property, like the right to free expression, was enshrined in the Constitution and then weakened by short-sighted governments

Best of BS Opinion: Rights violations, reflections of a US trip, and more
Updated On : 14 Jun 2022 | 6:30 AM IST

TMS Ep193: IPL media rights, Bankruptcy Code, markets, weather and economy

Why is the race for IPL media rights still intense? Where does IBC stand after RBI's 'dirty dozen'? Where will indices seek support after Manic Monday? How weather impacts the economy? Answers here

TMS Ep193: IPL media rights, Bankruptcy Code, markets, weather and economy
Updated On : 14 Jun 2022 | 8:00 AM IST

Why is the race for IPL media rights still intense?

The fight to clinch the media rights of IPL for the next five years was intense. Why has the race become so intense despite a dip in IPL viewership? And what do the winners stand to gain?

Why is the race for IPL media rights still intense?
Updated On : 14 Jun 2022 | 7:00 AM IST

Stick to algos vetted by exchange or a reputed broker, advise experts

Go with players who can provide audited records of performance

Stick to algos vetted by exchange or a reputed broker, advise experts
Updated On : 14 Jun 2022 | 2:59 AM IST

India to be fastest-growing wealth market over next decade: Henley study

Dollar millionaires and billionaires will grow by 80% over the decade in India

India to be fastest-growing wealth market over next decade: Henley study
Updated On : 14 Jun 2022 | 2:47 AM IST

What makes Essar steel sector's comeback kid amid insolvency proceedings

The $5.7-billion acquisition that closed after an 865-day-long saga was the largest private sector transaction in India in 2019 and the second-largest steel transaction globally that year

What makes Essar steel sector's comeback kid amid insolvency proceedings
Updated On : 14 Jun 2022 | 6:01 AM IST

From debt trap to steely resolve, Bhushan Steel an outlier in IBC landscape

BSL was admitted for insolvency proceedings on July 26, 2017

From debt trap to steely resolve, Bhushan Steel an outlier in IBC landscape
Updated On : 14 Jun 2022 | 6:02 AM IST

Where does IBC stand five years after RBI's 'dirty dozen' announcement?

The Insolvency and Bankruptcy Code, 2016 was introduced to tackle bad loan problems. But it has been plagued with high haircuts for banks and delays. What can be done to achieve a quicker resolution?

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Updated On : 14 Jun 2022 | 7:00 AM IST

Amazon offers to share data, boost rivals to dodge EU fines: Report

The world's largest online retailer is hoping its concessions will stave off a potential European Union fine that could be as much as 10% of its global turnover

Amazon offers to share data, boost rivals to dodge EU fines: Report
Updated On : 14 Jun 2022 | 2:36 AM IST