LN Mittal proposes R&D centre in steel in Bengaluru
He mooted the idea to chief minister BS Yediyurappa at Karnataka Pavilion at Davos during the world economic forum (WEF) meet on Wednesday. Top Karnataka officials led by the chief minister inquired about the six-million tonne per annum (MTPA) steel mill he planned to set up at Ballari district.
Share market update: BSE Capital Goods index down; Kalpataru Power dips 1%
The S&P BSE Capital Goods index was trading 0.2 per cent down at 17,262.57.
Goddess Lakshmi on currency notes can improve Rupee value: Subramanian Swamy
While answering a question about an image of God Ganesha on the Indonesian currency, the BJP leader said, "I am in favour of placing the image of goddess Lakshmi on Rs 10,000 currency notes. Lord Ganesha removes obstacles. Indonesia has also recovered from the crisis by placing the idol of Ganesha on its currency notes."
Sunrisers Hyderabad signs JK Lakshmi Cement as title sponsor for IPL 2020
The cement brand was title sponsor of Rajasthan Royals in the last season, while Coolwinks Sunglasses was SRH’s lead sponsor.
Share market update: BSE Capital Goods index up; Grindwell Norton gains 3%
The S&P BSE Capital Goods index was trading 0.27 per cent up at 17455.31 .
Share market update: BSE Capital Goods index down; L&T dips 1%
The S&P BSE Capital Goods index was trading 0.49 per cent down at 17281.10.
Corporate wrap: Suriya plays GR Gopinath in biopic; Mittal's dinner with lawyers a witty affair; Nobel niggles in Mumbai
Esther Duflo and Abhijit Banerjee at Taj, Cristiano Amon visiting India & more.
Wanna play safe? Look at debt-free stocks that rallied up to 122% in 2019
Of the 95 names in the BSE500 index that have debt-equity ratios close to zero or zero.
Lakshmi Iyer gives Bollywood tweak to RBI's Operation Twist
RBI’s decision to emulate the Federal Reserve’s is a way to signal “main hoon na,” Iyer said.
Reliance Securities maintains buy on JK Lakshmi Cement, target price Rs 465
The company is likely to witness healthy traction ahead mainly on account of new commissioned grinding unit in Odisha, cost synergies and steady pricing environment in Northern market.
Stocks in the news: YES Bank, Prince Pipes, SBI, Adani Green and ICICI Bank
Care Ratings downgraded YES Bank’s infrastructure bonds, lower tier II bonds and Tier II bonds.
Lakshmi Mittal takes stock of Essar Steel plant on first visit to Hazira
Turnaround plan includes an Rs 8,000-cr investment in improving ops, pushing up annual shipments. Nippon Steel president Eiji Hashimoto said the two partners wanted to make the company the best in India. ArcelorMittal executives said the plant being port-based would give an advantage in transporting raw materials and finished products.
RBI’s dollar buying weakened Re in 2019 despite good FPI inflows
The Reserve Bank of India stepped up its dollar buying by 14 per cent in 2019.
Share market update: BSE Capital Goods index up; Havells rises 1%
The S&P BSE Capital Goods index was trading 0.14 per cent up at 16,967.73.
History behind, Das-led RBI charts new trails sans acrimony
Even as it eased the rates, the RBI slashed growth estimates by an unprecedented 240 basis points since the rate cutting cycle began in February to a low of 5 per cent. The central bank's youngest Deputy Governor ever -- Viral Acharya -- quit six months before his three-year term was to end in June 2019.
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