Tag: since
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Market Movers: Sona Comstar sees a chaandi rally; IRCTC gets back on track
MUMBAI: As investors keep digging for opportunities to invest in sunrise sectors, one stock that came to the limelight today is Sona BLW Precision Forgings.The newly-listed automotive parts maker is a pure-play on the upcoming electric vehicle market and according to brokerage firm Nomura Securities India, the stock is the place to be as the…
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Bears are going extinct in stock market’s $13 trillion rebound
By Lu WangSkeptics really are a dying breed in American equities. It’s another example of how risky it has become to doubt that the resilience of the sector ’s $13 trillion spike because overdue March.Going by the short positions of hedge funds, resistance to increasing costs is the lowest in 16 decades. Bears pulled out…
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Meet Colin Huang, who just stepped down as CEO of $100 billion Pinduoduo and whose wealth exploded by $25 billion in 2020
Visual China Group/Getty Images Colin Huang, ” the 40-year-old creator of e commerce Pinduoduo, is currently China’s third-richest individual. Huang on July 1 stepped down as chief executive of Pinduoduo, which has managed to rack up a market cap of over $100 billion in less than five years. Pinduoduo is a online marketplace that connects…
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The business of transportation is evolving faster than ever, and the next 10 years will reveal the biggest changes yet. Here’s everything you need to know
David L. Ryan/The Boston Globe via Getty Images It’s been more than a century since the initial cars rolled off production lines in America and Europe. Since then, the transportation business has experienced the ebbs and flows of industry –of which has been swift and, sometimes, unruly, the development. Carmakers have gone and come, technologies…
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Carbon Clean 200: Greener businesses rule, conclude investment analysts
Investment returns on firms driving the transition to a green market are readily outstripping those of their fossil fuel opponents, new analysis suggests, adding to mounting evidence of a hastening investor switch away from carbon intensive assets. A group of 200 publicly traded’carbon clean’ companies has outperformed its fossil fuel counterpart by a factor of…