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Promoter selling hits 4-quarter high. Is it hinting at market top? SECTIONS Share Synopsis Buying or selling by a promoter is understood to have a signaling effect for investors, as promoters have the maximum information about the health of their company and the business environment. Getty Images After the Covid-led crash in March, promoters of many companies raised stakes in order to defend the slide in stock prices and provide confidence to investors. MUMBAI: The sell-to-buy ratio of promoters of the Nifty500 companies hit its highest level in four quarters at the end of the three-month period ended December, as some promoters saw the white-knuckle rally in stocks as a good time to raise cash. ....
Mexico and the UK sign trade deal Mexico and the UK share a long history of trade, and their bilateral trade relationship accounted for over $5 billion in 2019 4 min read The deal will ensure tariff-free trade for British businesses whilst providing security to manufacturers in both countries Subject to legislative approvals and parliamentary procedures, the countries aim to bring the agreement into force on 1 Jan, 2021 Share Via Read Full Story On 15 December, 2020, the United Kingdom and Mexico signed the UK-Mexico Trade Continuity Agreement. This follows the UK securing similar continuity agreements with many nations, including Singapore and Canada. After the end of the UK s transition period with the European Union (EU) on 31 December, 2020, the continuity agreement, set to come into force on 1 January, 2021, will guarantee preferential access for trade between the UK and Mexico. It will permit trade to resume on the same terms as the current EU-Mex ....
Donald Trump pardons 15, commutes 5 sentences, including GOP allies A file photo of US President Donald Trump. (Photo: AFP) . Updated: 23 Dec 2020, 05:20 PM IST AP Trump s actions in his final weeks in office show a president who is wielding his executive power to reward loyalists and others who he believes have been wronged by a legal system he sees as biased against him and his allies Share Via Read Full Story WASHINGTON : President Donald Trump has pardoned 15 people, including a pair of congressional Republicans who were strong and early supporters, a 2016 campaign official ensnared in the Russia probe and former government contractors convicted in a 2007 massacre in Baghdad. ....
YES SECURITIES elevates Prasanth Prabhakaran as MD & CEO YES SECURITIES elevates Prasanth Prabhakaran as MD & CEO Kolkata, Dec 23: YES SECURITIES, the wholly owned Investment Banking, Merchant Banking, Wealth Broking & Investment Advisory subsidiary of YES BANK, has announced the elevation of Prasanth Prabhakaran as the Managing Director and Chief Executive Officer (MD & CEO) of YES SECURITIES, with immediate effect. Prasanth was previously the Joint MD & CEO, YES SECURITIES, spearheading the Wealth Broking & Investment Advisory and Institutional Equities business. In addition to the existing portfolio, he will also oversee the Investment Banking & Merchant Banking verticals. With over two and a half decades of experience in the BFSI space, Prasanth has been associated with YES SECURITIES since 2017. Prior to YES SECURITIES, he has worked with India Infoline, Kotak Securities and HDFC Bank. ....