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Adar Poonawalla (born 14 January 1981) is an Indian businessman. He is the chief executive officer of Serum Institute of India and Chairman of Poonawalla Fincorp . [ 2 ] [ 3 ] His father is Cyrus Poonawalla , founder of the Serum Institute of India.
Net income. ₹683 crore (US$82 million) (FY23) [ 3] Website. poonawallafincorp .com. Poonawalla Fincorp Limited (formerly known as Magma Fincorp) is an Indian non-banking financial company (NBFC) engaged in consumer and MSME financing. It is headquartered in Pune and is part of the Cyrus Poonawalla Group.
Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos were program trading and illiquidity, both of which fueled the vicious decline for the ...
Cyrus S. Poonawalla (born in 1941) is an Indian billionaire businessman, and the chairman and managing director of the Cyrus Poonawalla Group, which includes the Serum Institute of India, an Indian biotech company which is the largest vaccine manufacturer in the world and Poonawalla Fincorp a leading NBFC in India. [ 1][ 2] In 2022, he is ...
The Federal Open Market Committee action known as Operation Twist (named for the twist dance craze of the time [1]) began in 1961. The intent was to flatten the yield curve in order to promote capital inflows and strengthen the dollar. The Fed utilized open market operations to shorten the maturity of public debt in the open market.
The Stock Market Is Doing Something Unseen Since the Year 2000. History Says This Happens Next. Adam Levy, The Motley Fool. July 13, 2024 at 4:08 PM. The S&P 500 has been setting one new all-time ...
Nasdaq-100. The Nasdaq-100 ( ^NDX[ 2]) is a stock market index made up of equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange. It is a modified capitalization-weighted index. The stocks' weights in the index are based on their market capitalizations, with certain rules capping the influence ...
Paramount shares dropped about 3% in midday trading the following day as investors digested the terms of the new deal, which includes Skydance first acquiring NAI (and Redstone's stake) for $2.4 ...