Opinion: Baulking at bulk buying – why I won’t be renewing my $60 Costco membership

[ad_1] OPINION I love a bandwagon, trying foods from overseas supermarkets and a bargain – so when American retailer Costco came to town it was a no-brainer for me to…

Bulk deals | Smallcap World Fund offloads 2.46% stake in Dreamfolks Services, buys over Rs 75 crore shares in Aavas Financiers

[ad_1] Foreign portfolio investor Smallcap World Fund Inc has bought over Rs 75 crore worth shares in housing finance company Aavas Financiers, via open market transactions on September 6. As…

Maybulk to dispose of bulk carrier for RM140mil

[ad_1] PETALING JAYA: Malaysian Bulk Carriers Bhd (Maybulk) is proposing to dispose of a bulk carrier, Alam Kekal, to Japan-based Tokyo Century Corp (TCC) RM140mil. In a filing with Bursa…

‘The vast bulk of companies are in big trouble’: A renowned bear who called the dot-com bubble warns a recession is still on the way as bankruptcies rise — threatening to sink even the mega-cap stocks keeping the market afloat

[ad_1] Societe Generale’s Albert Edwards warns that a recession is still coming.  He pointed to the growing number of bankruptcies among small firms amid high rates. While big firms have…

Bulk Deals: GQG Partners buys shares worth Rs 1,527 cr in IDFC First Bank, HDFC MF picks 1.41% in Five Star Business Finance

[ad_1] Fort Lauderdale-based asset management firm GQG Partners has picked 2.6 percent equity stake in IDFC First Bank, the private sector lender, via open market transactions on September 1. Rajiv…

Henrik Sleimann Petersen returns to Singapore to join Swire Bulk

[ad_1] Swire Bulk of Singapore has hired Henrik Sleimann Petersen as head of asset management from 1 September. He will also be a member of the firm’s executive management team.…

Bulk deals | Tiger Global Management offloads Rs 1,123.85 cr shares in Zomato, exits startup

[ad_1] Internet Fund III Pte Ltd, the venture capital fund managed by US-based investment management company Tiger Global Management, has exited Zomato by selling entire its shareholding in the food…

Bulk Deals: Ashish Kacholia picks 8.54% stake in Universal Autofoundry, Government of Singapore buys 1.2% in Amber Enterprises

[ad_1] We have seen significant block deals in Universal Autofoundry, Amber Enterprises India, Coforge, Max Financial Services, Sapphire Foods India, Manappuram Finance, and GI Engineering Solutions on August 24. Ace…

Bulk Deals: Norges Bank buys stake worth Rs 80.92 crore in Concord Biotech; Morgan Stanley picks up 1.24% in Repro India

[ad_1] Norges Bank, on account of the Government Pension Fund Global, bought 0.86 percent equity stake in India-based biotech pharma company Concord Biotech, via open market transactions, on August 18.…

Bulk deals | Promoter Shobha Gangwal exits InterGlobe Aviation, Fairfax Financial Holdings offloads 5.89% stake in IIFL Securities

[ad_1] Promoter Shobha Gangwal has offloaded her entire personal shareholding in InterGlobe Aviation, the low-cost airline IndiGo operator, while Fairfax Financial Holdings has offloaded major stake in IIFL Securities, via…