SP group sells TCS shares again to reduce debt
The TCS share sale is part of the group’s asset monetisation plan to pare its Rs 30,000-crore debt.
UK Inc cheers Johnson win, but Brexit still looms
Johnson’s win laid to rest concerns about Labour leader Jeremy Corbyn’s radical plans to na...
Aussie shares close higher on upbeat trade news, fading Brexit worries
The S&P/ASX 200 index closed 0.5% higher, or 30.9 points, at 6,739.7.
CCI approves stake buy in SBI General Insurance by Napean Opportunities, Honey Wheat
The transaction involves acquisition of 16.01 per cent paid-up share capital of SBI General Insurance by Napean Opportunities and 9.99 per cent by Honey Wheat Investment Ltd, the CCI said in two separate statements.
Metal stocks gain on likely trade deal
Vedanta, Hindalco Industries, Tata Steel and Steel Authority of India advancing 2-4%.
NSE revives IPO plans as colocation ban ends
The exchange could seek a total valuation of Rs 44,000-46,000 crore in the share sale.
PNB Housing Fin clarifies on rumours about Omaxe group loan exposure
In a regulatory filing to exchanges, PNBHFL said the information about loan exposure to Omaxe group is "with reference to the information floating in the social media regarding PNB Housing's exposure to the Omaxe group".
Secretaries group suggests reduced manmade fibre imports, changes in duty to boost local production: Smrit Irani
Citing the decision of the GST Council to allow input tax credit at MMF fabric stage, she said the committee had recommended the ministry to monitor the impact of increasing import duty from 10% to 20% in respect of all MMF items. The group had suggested that there is a need to reduce the dependence of import of the raw material, MMF and filament.
Sebi relaxes group exposure limit for MFs
A circular about the 10 per cent limit was issued by Sebi on October 1, 2019.
French carmaker Groupe PSA Citroen planning lighter retail presence
Citroen has been popularising its format titled phygital -- a portmanteau of physical and digital -- to signify its technological advances in showroom experience for customers. Citroen is expected to offer kiosks with large screens showing how the cars would look with different accessories, and offer options on insurance, service contracts, accessories and others on a digital platform accessible across devices.
Facebook India head appears before parliamentary panel on WhatsApp snooping issue
The parliamentary standing committee on Information Technology called the cyber security experts to hear their views on the issue of citizens data security and privacy. As per the notice of the meeting, the panel had also called non-official witnesses of the WhatsApp snooping row, including BJP's former organisational secretary Govindacharya.
Real estate majors benefit as investors look for comparatively safer assets: Kunj Bansal, Sarthi Group
A lot of small developers and small land owners have started to sell out to the bigger guys.
F&O: Nifty50 needs to hold above 12,035 level to hit new lifetime high
On the monthly options front, maximum Put open interest was at 12,000 followed by 11,500.
Market will continue to climb the wall of worries: Sonam Udasi, Tata Mutual Fund
For us, financials continue to be a clear favourite simply because if you are expecting an economic recovery you do expect credit growth to pick up next year.
View: Is India’s EV dream for real?
In addition, ICE ( internal combustion engine) vehicles will also co-exist and will not be phased out. Compare this to his bold announcement a couple of years prior of India’s automobile industry needs to go all electric by the year 2030, an announcement which sent auto OEMs back to the drawing board as they scrambled to put in place their respective EV blueprints.
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