The recent arrest of the owner of a commercial complex in Gurugram for allegedly selling the same property to as many as 25 buyers, has raised serious concerns about due diligence and safeguards for property investors. In this case, the developer allegedly sold a single floor of a building to multiple individuals, even though a […]
We came across a bullish thesis on Amazon.com, Inc. on LongYield’s Substack. In this article, we will summarize the bulls’ thesis on AMZN. Amazon.com, Inc.’s share was trading at $210 as of February 6th. AMZN’s trailing and forward P/E were 29.3 and 25.5, respectively according to Yahoo Finance. Joe Ravi / Shutterstock.com Amazon.com, Inc. (AMZN) remains […]
We came across a bullish thesis on SharkNinja, Inc. on Canadian Cashflow’s Substack. In this article, we will summarize the bulls’ thesis on SN. SharkNinja, Inc.’s share was trading at $113.21 as of February 5th. SN’s trailing and forward P/E were 28.69 and 19.16 respectively according to Yahoo Finance. Pixabay/Public Domain SharkNinja has stood out as a consumer brand long before it appeared attractive as a stock, with widespread real-world adoption across air fryers, pressure cookers, vacuums, […]
Indian equities are entering what Morgan Stanley’s Ridham Desai calls a “rare combination” phase that, in his view, strengthens the case for a valuation re-rating of domestic stocks. Indian stocks, Desai argues in a strategy report, now offer an unusual mix of “inexpensive relative valuations, poor trailing performance, strong policy stimulus and a consequent growth […]
Mumbai: The Bombay High Court has issued a bailable warrant against a Mumbai resident, Marina Manuel Fernandes, in a contempt case linked to a long-running inheritance dispute over Marina Manor, a prime Bandra property valued at around ₹600 crore. The court said Fernandes was evading notice and that her whereabouts were unknown. Mumbai, India – […]
Tiger Global’s $1.6-billion stake sale in Flipkart at the time of the Walmart-Flipkart acquisition deal in 2018 is subject to tax, the Supreme Court of India said on Thursday in what is seen as a landmark ruling on use of international tax treaties by companies. Walmart acquired Flipkart for $37 billion in 2018 in what […]
The Enforcement Directorate on Jan 9 filed a chargesheet against a promoter of Gurugram-based realty firm and some others as part of a money laundering probe into an alleged fraud with homebuyers under the Pradhan Mantri Awas Yojana (PMAY). The ED has filed a chargesheet against a promoter of Gurugram-based realty firm and others as […]
New Delhi, Jan 7 (PTI) The Enforcement Directorate on Jan 7 said it has attached assets worth a combined ₹400 crore of a trust linked to former Jaypee Infratech MD Manoj Gaur and a company of Honeyy Katiyal, promoter of leading housing brokerage firm Investors Clinic. ED said it has attached assets worth a combined […]
The Enforcement Directorate has arrested Manoj Gaur, Managing Director of a real estate firm Jaypee Infratech Ltd, in connection with a money laundering probe linked to an alleged ₹14,599 crore fraud involving homebuyers, PTI reported on November 13. The Enforcement Directorate has arrested Manoj Gaur, MD of realty company Jaypee Infratech Ltd, in a money […]
This week, when Apple updated Pixelmator Pro and Photomator apps headlines with new icons, it seemed to miss a tune. It’s been a year since Apple acquired the designing and photo editing apps respectively, but the continuity gives a sense of dullness as in parallel, tech companies including Adobe, Canva and Figma have made substantive […]