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Orange (NYSE:ORAN) shares are trading lower on Wednesday. The company disclosed its plan to voluntarily delist its American Depositary Shares (ADRs) from the New York Stock Exchange (NYSE) and ...
The Financial News Network (FNN) was an American financial and business news television network launched on November 30, 1981. The network aimed to broadcast programming nationwide, five days a week, for seven hours a day on 13 stations in an effort to expand the availability of business news for public dissemination.
The biggest money market scam ever committed in India, amounting to approximately ₹ 5,000 crores. The main perpetrator of the scam was a stock and money market broker Harshad Mehta. It was a systematic stock scam using fake bank receipts and stamp paper that caused the Indian stock market to crash. The scam exposed the inherent loopholes of ...
Data source: Yahoo! Finance. Bank stocks took the lead on the eve of a number of earnings reports by big banks, and the SPDR S&P Bank ETF (NYSEMKT: KBE) rose 1.8%. Industrials also were strong ...
Harshad Shantilal Mehta (29 July 1954 – 31 December 2001) was an Indian stockbroker, businessman, and convicted fraudster. Mehta's involvement in the 1992 Indian securities scam (about ₹ 30,000 crore (equivalent to ₹ 2.3 trillion or US$27 billion in 2023)) led him to gain infamy for market manipulation.
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
On a day stocks moved higher, Macy's announced surprisingly strong sales and Tencent Holdings jumped after reporting earnings.
[2] [17] Shortly, issues arose concerning the ownership of the 'Orange' brand in India, when France Telecom who in May 2000 purchased the worldwide rights for the brand from Vodafone made an offer to pick up a significant stake in Hutchison's India operations, in order to own the brand in India. Hutchison turned down the offer, as it had ...