Day: September 16, 2020

Snowflake Prices IPO Above Marketed Range at $120 a Share


Oppenheimer: 3 Stocks That Could Surge Over 100% From Current Levels

So far, September has been a wild ride of ups and downs. Following the recent bout of volatility, stocks have ticked higher again. But as uncertainty regarding another rescue program and the presidential election continues to linger, where does the market go from here? Weighing in for Oppenheimer, Chief Investment Strategist John Stoltzfus argues that any market dips appear “relatively contained and orderly,” and present longer-term investors the chance to find “babies that got thrown out with the bathwater.” He noted, “For nervous investors the recent downdraft has

Gujarat tops list of most fake notes of high denomination

During 2016-2019, Gujarat has witnessed fake Rs 2,000 notes worth Rs 11.4 crore and fake Rs 500 notes worth Rs 74.38 lakh. (Bloomberg image)

Gujarat has topped the list of the most number of high denomination currency fake notes in the last four years. In 2019, as many as 14,494 counterfeit notes of Rs 2,000, and 5,558 counterfeit notes of Rs 500 were held in Gujarat, according to the data provided by G Kishan Reddy, MoS, Ministry of Home Affairs, in a reply to a question in Lok Sabha. During 2016-2019, the state has witnessed fake Rs 2,000 notes worth

52,000 new companies opened in India amid lockdown; more firms opened than closed

Prime Minister Narendra Modi on various occasions has reiterated his ‘Make in India’ vision, and has said that local production should be encouraged.

India registered more new companies since the start of the lockdown till August, while the number of companies that shut down in the period were comparatively small. The number of companies registered from April to August 2020 by all Registrar of Companies (ROCs) is 51,807, while only nine companies closed or were struck off during the same period, according to the data provided by MoS Finance and Corporate Affairs Anurag Singh Thakur. However, the applications for setting