BENGALURU (Reuters) - India will auction telecom spectrum worth up to 962.38 billion rupees ($11.53 billion) on Tuesday, it said in a release.
Bharti Airtel, Vodafone Idea and Reliance Industries' Jio Infocomm will bid in the auctions, the notice added.
($1 = 83.4550 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru; Editing by Janane Venkatraman)
(Bloomberg) -- Steve Ballmer passed Bill Gates on Monday to become the sixth-richest person in the world, the first time the former chief executive officer of Microsoft Corp. has been wealthier than the company’s co-founder. Most Read from BloombergUS Allies Say China Is Developing Attack Drones for RussiaChina Can End Russia’s War in Ukraine With One Phone Call, Finland SaysZelenskiy Challenges Trump to Reveal Plans for Ending WarDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineeBid
"These funds managed to lose value for shareholders even during a generally bullish market," Morningstar analyst Amy Arnott said.
Russia's trade rebounded by nearly 7% last year, while activities in the financial sector and construction grew by 6.6% and 3.6% respectively.
TFSA investors can consider holding quality growth stocks such as Propel Holdings right now and derive outsized gains in the next five years. The post 2 Canadian Growth Stocks I’d Stash in a TFSA for the Long Run appeared first on The Motley Fool Canada.
The July 4 holiday falls on a Thursday this year, so the trading hours on Wednesday are a bit unusual.
These top dividend-growth stocks now offer great yields. The post Don’t Ignore These 2 Dividend-Growth Stocks With 7% Yields appeared first on The Motley Fool Canada.
As the Canadian stock market experiences a robust first half of 2024, with solid gains and a positive economic outlook, investors are keenly observing how different sectors are performing. In this environment, identifying stocks that appear undervalued relative to their intrinsic value could be particularly compelling, especially in a market that has demonstrated strong historical returns following such promising starts.
The best investor is one who's informed, but obsessing over your retirement fund's performance can stress you out and trigger the kind of emotional and counterproductive decision-making that can...
As global markets navigate through a period of subtle shifts and key economic updates, investors are closely monitoring the landscape for opportunities that align with both growth and stability. In this context, dividend stocks often come into focus as they can offer potential income alongside capital appreciation, making them appealing during times of market uncertainty and economic recalibration.
(Bloomberg) -- Jeff Bezos disclosed a plan to unload 25 million additional shares of Amazon.com Inc. worth $5 billion on the day the stock hit a fresh record.Most Read from BloombergUS Allies Say China Is Developing Attack Drones for RussiaChina Can End Russia’s War in Ukraine With One Phone Call, Finland SaysZelenskiy Challenges Trump to Reveal Plans for Ending WarDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineeBiden Plummets in Leaked Democratic Polling Memo, Puck SaysThe notice
The launch of Nvidia's Blackwell chips will test the ability of its suppliers and customers to deal with the infrastructure challenges associated with even more powerful chips.
Financial guru and TikToker Humphrey Yang recently shared in a YouTube video a few index funds you can invest in which will help grow your wealth over time.
The Canadian dollar is set to strengthen over the coming year but its gains will be limited after the Bank of Canada began cutting interest rates ahead of the Federal Reserve and as the U.S. election fans economic uncertainty, a Reuters poll found. The median forecast of more than 40 foreign exchange analysts in the June 28-July 3 poll showed the loonie will be little changed at 1.3700 a U.S. dollar, or 72.99 U.S. cents, in three months, compared to 1.3667 in last month's poll. "We expect the BoC to cut in July, whereas the bands of uncertainty around the U.S. inflation and Fed outlook are wider, with a risk of the Fed holding rates high for longer," said Jayati Bharadwaj, a global FX strategist at TD Securities.
Nvidia (NVDA) shares are falling back today following the chipmaker's recent market high. Rosenblatt Securities senior research analyst Hans Mosesmann joins Market Domination to explain why he is not worried about the stock's bumpy previous weeks. Mosesmann has issued the highest price target for Nvidia on Wall Street. Mosesmann has a long-term view, explaining that the sale pressure is negligible when one considers that Nvidia is going to be the "best way to play AI for the next 10 years." He adds that Nvidia is not just a semiconductor company anymore but a platform that is "all things AI." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This article was written by Gabriel Roy
(Bloomberg) -- A lawsuit accusing popular stocks influencer Keith Gill, better known as “Roaring Kitty,” of engaging in a “pump and dump” scheme involving GameStop Corp. shares was dropped within days of its filing.
The company sold a lot more electric vehicles in the second quarter than it did a year earlier, even though sales growth for EVs has slowed down in the U.S.
(Bloomberg) -- It was one of the most impactful short-seller reports ever: Hindenburg Research’s 2023 broadside against the Adani Group erased as much as $153 billion of market value.Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineePowerful Hurricane Beryl Aims at Jamaica After Grenada StrikeTrump Immunity Ruling Means Any Trial Before Election Unlikely‘Upflation’ Is the New Retail Trend Driving Up Prices for US ConsumersBonds Get Respite Amid Powell’s Disinf
TORONTO — Canada's main stock index rose Tuesday near the end of the trading day, erasing earlier losses as energy and base metals helped offset weakness in telecom, while U.S. stock markets also climbed higher.
THE TRADER The stock market has been hitting new highs, but most stocks are struggling. Even news that would usually move them isn’t doing the trick, a sign that equities won’t be an exciting place to invest in a while.
Cheap Chinese goods helped keep inflation low in the early 2000s, but at the cost of U.S. manufacturing. As those imports surge again, here’s what’s changed and what it means for American jobs.
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