Author: businessinvestopedia.com

Domestic brokerage firm Monarch Networth Capital has raised Rs 3,000 crore through allotment of preference shares at Rs 560 a share. The board has also approved a 1:1 bonus issue of shares to investors. The fresh funds secured will be used for strategic initiatives across Monarch Networth’s diversified business areas, including launching PMS offerings, expanding margin trading, launching a pre-IPO fund, applying for mutual fund licence, strengthening its debt capital markets division and underwriting IPOs, the company said in a statement.Monarch Networth shares, which have risen more than 40% so far this year, closed at Rs 612 on Friday. Commenting…

U.S. stock markets have been volatile recently as traders grapple with earnings season and the upcoming election, but dividend-paying stocks could help stabilize fluctuations in investors’ portfolios.Investors looking for companies that pay stable dividends can rely on Wall Street’s top analysts, whose recommendations are based on thorough analysis of a company’s ability to deliver stable financial performance and generate strong profits.Here are three dividend stocks that look attractive, according to top Wall Street pros at TipRanks, a platform that ranks stocks based on analysts’ past performance.Western Midstream PartnersThis week, we will first look at limited liability partnerships. Western Midstream Partners…

On July 22, 2024, the McDonald’s logo was displayed at a McDonald’s restaurant in Burbank, California.Mario Tama | Getty ImagesSubway began phasing out its $5 one-foot sandwiches a decade ago, but other fast-food chains have recently brought back the $5 price point in an effort to win back customers who have cut back on their spending.As many restaurant companies prepare to report second-quarter earnings, investors are hoping to hear reports of sluggish sales as customers visit restaurants less frequently. chipotle pepperAiming to improve performance next quarter, McDonald’sTaco Bell, Burger King, Wendy’s They announced or brought back meal plans with a…

Six of the top 10 companies by market capitalisation rose a combined total of Rs 1,85,186.51 crore last week, with Life Insurance Corporation of India (LIC) and Infosys being the biggest gainers. The BSE index rose 728.07 points or 0.90 per cent last week. LIC’s valuation rose by Rs 44,907.49 crore to Rs 7,46,602.73 crore, while Infosys added Rs 35,665.92 crore to its market valuation at Rs 7,80,062.35 crore. ITC’s valuation rose by Rs 35,363.32 crore to Rs 6,28,042.62 crore. Tata Consultancy Services’ (TCS) market capitalisation increased by Rs 30,826.1 crore to Rs 15,87,598.71 crore and Bharti Airtel’s increased by…

I heard from Vivec that 175 million people are somehow involved in the cryptocurrency and bitcoin world. They heard that and said, let’s be nice to them, at least until the election is over. So I took a lot of pressure off a lot of people. A lot of people are very excited today, when three months ago they weren’t excited about it for three and a half years. Is that true? Yes. For the last three and a half years, this administration has waged a war on cryptocurrency and bitcoin like no one has ever seen. They’re targeting banks.…

KOLKATA: Microfinance firm Spandana Sporty Financial on Saturday reported a 53 per cent decline in its consolidated net profit for the June quarter compared to the same period last year due to rising delinquencies.Net profit stood at Rs 557 million against Rs 1,195 million in the same period last year.However, operating profit grew 52% year-on-year to Rs 2.87 billion as net interest income grew 47% to Rs 4.25 billion.”Q1 FY was a tough quarter for us. Protracted seven-phase general elections, severe heatwave across the country and higher attrition in certain geographies posed challenges to the quality of the portfolio,” Managing…

A food delivery messenger was spotted in Manhattan. Luis C. Ribeiro | New York Daily News | Tribune News Service | Getty ImagesFood from your chosen restaurant will be delivered right to your doorstep — how much will it cost?With the rise of delivery apps like Grubhub, third-party food delivery is becoming the norm for American consumers. DoorDash and Uber Eats has become a part of everyday dining, and it presents customers and restaurants with an increasingly complex equation that includes service charges, delivery fees and employee tips.As cash-strapped Americans scour checkout screens and rack up higher-than-anticipated order totals, the…

The Finance Minister recently announced the rollout of Digital Public Infrastructure (DPI) in agriculture to cover farmers and their land. This initiative is part of the broader Digital India campaign and builds on the foundation laid by the National Land Records Modernization Programme (NLRMP), now known as the Digital India Land Records Modernization Programme (DILRMP). DILRMP aims to modernize land record management, minimize disputes, and increase transparency.A revolution in land managementDPI’s farmland digitization will enable the government to maintain comprehensive and accurate records of farmland across the country, including land-wise crop information, which is essential to manage a steady demand…

Bill Ackman, founder and CEO of Pershing Square Capital Management.Adam Jeffery | CNBC Billionaire investor Bill Ackman is postponing the listing of his heavily scrutinized Pershing Square U.S. closed-end fund, according to a notice posted on the New York Stock Exchange’s website.The initial public offering of Pershing Square USA Inc., which has the ticker symbol PSUS, according to its website, has been delayed until the announcement date.Ackman is now seeking to raise between $2.5 billion and $4 billion for the fund, according to a regulatory filing on Thursday, far short of the $25 billion target he set just weeks ago.Pershing…

A view of Central Park Tower at 217 West 57th Street in New York City.Source: Cody Boone, SERHANT StudiosA version of this article was first published by Robert Frank in CNBC’s Inside Wealth newsletter, a weekly guide for high-net-worth investors and consumers. Sign up to receive future editions directly to your inbox.A new report says surging credit markets and hopes of lower interest rates are helping to fuel a recovery in the ultra-luxury real estate market, with sales of $100 million homes expected to double this year.According to data from Miller Samuel and Douglas Elliman, six homes have sold in…