Nifty fails at the 14200 hurdle for third day in a row. What analysts say

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Nifty fails at the 14200 hurdle for third day in a row. What analysts say

Indian shares ended slightly lower today, dragged down by IT services stocks, a day before IT major Tata Consultancy Services kicks off third-quarter earnings season. The blue-chip NSE Nifty 50 index fell 0.06% to 14,137.35, while the benchmark S&P BSE …
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SBI raises $600 mn from overseas bond sale at a coupon rate of 1.8%

The nation’s largest lender State Bank of India (SBI) on Thursday raised USD 600 million from selling bonds to international investors at a coupon of 1.80 per cent. The issue, oversubscribed by 2.1 times, is part of the bank’s USD 10 billion medium term note …
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HMRC issues record £28.3m fine for money laundering breaches

HMRC has issued a record £28.3m fine to Luton-based business MT Global, a money transfer company. The fine is the largest ever issued by HMRC and relates to “significant” breaches of money laundering regulations between 2017 and 2019. The company …
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Sainsbury's Christmas sales rise despite smaller turkeys

Supermarket giant Sainsbury’s has reported a bumper Christmas, with sales up 9.3% for the festive trading period. More customers bought their food online than ever before, it said. In the 10 days leading up to Christmas, it delivered 1.1 million online orders, …
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'New and improved' PPP loans help small businesses hard hit by COVID-19 — but there's a deadline to get the money

On Dec. 27, the new stimulus package — formally called the Consolidated Appropriations Act, 2021 (the CAA) — became law. That’s good news for small business owners: one section of the CAA resurrects the Paycheck Protection Program (PPP) with better …
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