Mon, Jun 17, 2024 11:52 AM
Danone bets aging populace will drive medical nutrition demand
A Flip by Avya Verma
The Securities and Exchange Board of India (SEBI) is probing Sanjiv Bhasin of IIFL Securities over alleged market manipulation. The investigation, reported by Moneycontrol, could have significant financial implications, but LiveMint was unable to verify the report independently. The outcome may affect Bhasin's and IIFL Securities' financial standing and reputation in the capital markets.
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Sirius XM Holdings' stock has fallen over 60% from its 2018 peak, but there are 3 reasons to buy it now. 📌The stock is cheap, priced at 10 times this year's projected per-share earnings. 📌The dividend yield is attractive at 3.6%, readily funded by the company's earnings. 📌Sirius XM has a future in the changing audio entertainment market, with initiatives like internet-accessed content.
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Over the past two years, business process outsourcing companies like Firstsource Solutions Ltd and Genpact Ltd have recruited over a dozen senior executives from top IT services firms to drive growth and scale up operations. This strategic move is expected to bolster their financial performance and competitiveness in the industry.
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