Luck played a role in the legendary investor Warren Buffett's stock-market success, said the late Daniel Kahneman in an interaction with Moneycontrol in 2023. Kahneman said that he would be more confident about the stock-market performance of a quantitative hedge-fund investor such as Jim Simmons than Buffett. The noted economist, psychologist and Nobel Laureate Kahneman died on March 27.
Open FlipKolkata-based student recruitment solution provider, Crizac Limited, has filed draft red herring prospectus (DRHP) with with the market regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO).The IPO comprises an offer for sale of equity shares at a face value of ₹2 each, totaling up to ₹1,000 crore by the promoter selling shareholders.
Open FlipThe company has reported a mixed set of numbers in its quarterly results (Q3FY24) and nine-month results (9MFY24).Bharat Heavy Electricals Limited (BHEL) secured a significant domestic order worth approximately Rs 4,000 crore (excluding GST) from Adani Power Limited on March 27, 2024. This contract involves BHEL supplying equipment (boilers, turbines, generators) and supervising the erection.
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