PC Jeweller Stock Rebounds On Proposal To Consider Share Buyback

Gold Silver Reports (GSR) – PC Jeweller Rebounds On Proposal To Consider Share Buyback – Shares of the Delhi-based jewellery retailer rebounded from its worst fall in over two months on Friday and rose as much as 17.55 percent to Rs 209. The stock snapped its 5-day losing streak after it informed exchanges that its board will meet on May 25 to consider a proposal to buy back its shares.

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Reliance Industries Stock Slips On Profit Miss In Q4

Gold Silver Reports (GSR) – Reliance Industries Stock Slips On Profit Miss In Q4 – Shares of the Mukesh Ambani-led oil-to-telecom conglomerate fell as much as 1.69 percent to Rs 977.95. – Reliance Industries Ltd.’s net profit rose for the eighth straight quarter aided by the petrochemicals business but missed analyst estimates.

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India’s $2.3 Trillion Equity Market has Surged in Recent Years

Gold Silver Reports (GSR) – India’s $2.3 Trillion Equity Market has Surged in Recent Years — India’s equity culture may also get a boost from a stewardship code to be rolled out for the country’s fund managers to push for corporate-governance best practices. The PFRDA, along with India’s insurance and securities regulators, is pursuing the new code, Contractor said.

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Defendants Include Goldman Sachs (Asia) LLC, Deutsche Bank AG, ING Bank NV

Gold Silver Reports (GSR) – The defendants include Goldman Sachs (Asia) LLC, Deutsche Bank AG, ING Bank NV, as well as Taconic Capital Advisors LP, Davidson Kempner Capital Management LP, Och-Ziff Capital Management Group LLC, Strategic Value Partners LLC, BFAM Partners (Hong Kong) Ltd., Varde Partners Asia Pte, Arkkan Capital Management Ltd., Cowell & Lee Advisors Ltd. and Attestor Capital LLP.

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