Formerly, known as Tata Global Beverages, Tata Consumer is currently undergoing a transformation to become a multi-category FMCG company from a food and beverage (F&B) company
Investors tallied the fallout from Archegos Capital's dramatic meltdown, with Nomura and Credit Suisse shares losing a collective $9 billion while heightened scrutiny of the hedge fund industry loomed
Archegos's debacle triggered a record 16% drop in Nomura's shares on Monday, wiping $3.5 billion from its market value
Japan's largest bank warned of a potential $300 million loss related to a US client, a hit that's linked to Archegos, a person familiar with the matter said
The Swiss bank expects its loss tied to the implosion of Archegos Capital Management to run into the billions, according to people with knowledge of the matter
Archegos implosion: Regulators must ask some serious questions
Nomura and other investment banks may lose more than $6 billion after lending to Archegos Capital, a US investment firm run by former Tiger Asia manager Bill Hwang
Goldman U-turn put Bank on verge of margin call
The Swiss bank said that a fund had "defaulted on margin calls" to it and other banks, meaning they were now in the process of exiting these positions
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Nomura shares closed down 16.3% while Credit Suisse shares were opened down 10%
Nomura's shares tumbled by a record 16% in Tokyo on Monday
On March 10, the market regulator said that no MF under all its schemes shall own more than 10% of AT-1 bonds and Tier-2 bonds issued by a single issuer
The return of inflation fears have been stoked again by the rise in commodity prices, especially oil
As the pandemic recedes and growth recovers, we may see inflationary pressures, says Mukherjee
Wipro on Thursday said the acquisition will provide it access to 30 new large banking and financial clients and strengthen its position in the BFSI sector
Nomura also expects more initial public offerings in India this year, with sentiment buoyed by the post-debut performance of recently listed companies
The rate rejig, analysts say, will alter the tax burden on companies, which they expect to get passed on to the consumers
The key standout for India, Nomura believes, is the solid consensus' earnings revision trends. Alongside a focus on reforms and measures to attract foreign direct investment (FDI) flows.
How much more meaningful upside can we anticipate for the market? In this podcast, Jyoti Roy, DVP Equity Strategist at Angel Broking answers this and more