Read more about FPIs withdraw Rs 5,936 cr from equities in May amid worries over Covid wave on Business Standard. Foreign investors have pulled out Rs 5,936 crore from the Indian equities in the first week of May amid worries over the intense second wave of coronavirus infection and its fallout on the economy
The US stocks climbed up on Monday, 26 April 2021, with the S&P 500 and Nasdaq settling at record highs, amid solid corporate earnings and expectation that the Federal Reserve to maintain its ultra-easy monetary policy even as robust growth takes the world s largest economy back to pre-pandemic levels.
At the close of trade, the Dow Jones Industrial Average index fell 61.92 points or 0.18% to 33,982. The S&P 500 index increased 7.45 points or 0.18% to 4,188. The tech-heavy Nasdaq Composite Index gained 121.97 points or 0.87% 14,139.
Investors will monitor a two-day Federal Reserve meeting beginning Tuesday, with the U. S. central bank expected to shine some light on whether the employment landscape has affected its plan to leave interest rates near zero for an extended time and to continue buying $120 billion in bonds each month.
upGrad on Monday said it has raised USD 120 million (about Rs 897.3 crore) from Singapore-based Temasek, making this the first external fund-raise by the edtech major. Since its inception in 2015, upGrad has been 100 per cent owned, funded, and run by its co-founders as a capital-efficient business. upGrad plans to use the fresh capital to further strengthen its team, scale its global market operations and bolster its technology and product capabilities, a statement said. The company will also pursue merger and acquisition (M&A) opportunities, expand graduate and post-graduate degree portfolio in India, and scale up operations to achieve its USD 2 billion revenue goal by 2026, it added.
Narendra Investments (Delhi) standalone net profit rises 483 33% in the March 2021 quarter business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Three finalists chosen for top city job in Gresham
City Council picks finalists and is seeking community input and involvement in next steps
The Gresham City Council has selected three finalists for the position of city manager and is seeking community input and involvement in next steps.
Mayor Travis Stovall will host a virtual community forum on Wednesday, April 21, from 5:30-7:30 p.m. to introduce the finalists: Jamal Fox, Patrick Quinton and Nina Vetter.
Following the first round of interviews for the city manager position earlier in 2021, the City Council re-opened the recruitment process, which remains open until filled. In total, 37 candidates who applied by March 22 were considered for this phase of the process.