Source: thehindubusinessline.com It was a nerve-wracking week for investors of YES Bank. The stock fell by an eye-watering 26 per cent this week, as irregularities and unauthorised transactions at CG Power and Industrial Solution, came to light. YES Bank holds 12.8 per cent stake in CG Power, which it acquired in May […]
Continue readingTag: investors
Rival Indian airline stocks rise on grounding of Jet Airways
Source: asia.nikkei.com MUMBAI (NewsRise) — The fall of Jet Airways has lifted shares of India’s two other listed airlines to fresh highs as investors bet that the exit of a major competitor would swell profits for the rest. Not so fast, say some analysts. Capacity is rising quickly and fuel prices are […]
Continue reading