Recent Posts

Colgate-Palmolive, ITC, Marico Surge On GST Boost


Shares of fast-moving consumer goods (FMCG) companies like Colgate-Palmolive, Marico and ITC surged on Friday, a day after the Goods and Services Taxes or GST Council finalised a lower rate for goods including hair oil, toothpaste, edible oil, tea and coffee. Shares of toothpaste maker Colgate-Palmolive gained as much as …

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Leon Cooperman’s Hedge Fund Settles Insider Trading Case


When securities regulators sued the hedge fund manager Leon G. Cooperman last year, accusing him of violating insider trading laws, he vowed to fight to the bitter end. His decades-long reputation on Wall Street was on the line, he said at the time. Now, nearly eight months later, he and …

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