Share market update: Nifty Energy Index down; ONGC dips 3%
The Nifty Energy index was trading 0.94 per cent down at 14847.25.
Corporate chatter: Relatives left once rich but now bankrupt biz family high and dry; H1N1, not coronavirus, got Bengaluru techies worried
Share market update: PSU shares trade lower; SAIL down 3%
The Nifty PSE index was trading 1.09 per cent down at 2941.45.
Modi govt gave loans to 'crony friends', but no debt relief for farmers, alleges Congress
The Congress on Saturday cited a Credit Suisse report to allege that the Modi government waived loans worth Rs 7,77,800 crore of "crony friends" in five years, and asked why it could not give debt relief to farmers.
Stock pick of the week: Analysts are bullish on JSW Energy due to its long term prospects
JSW Energy is now aiming big to increase its capacity. While the company plans to double its power generation capacity in the next 4-5 years, it will try to do so by keeping the debt low and by growing inorganically.
Weighing options in Karnataka: Electrosteel CEO
“We would seriously be evaluating options in Karnataka iron-ore mines. We have a big piece of land already with us, close to our mines (in Karnataka),” Vedanta’s Electrosteel CEO Pankaj Malhan said. The company has finalised two plans for now. The first is debottlenecking existing assets and the second is to look into growth projects.
Debt funds see inflow of over Rs 94,000 crore in December quarter
Liquid funds, with investments in cash assets such as treasury bills, certificates of deposit and commercial paper for shorter horizon, witnessed flows amounting to Rs 28,983 crore during the quarter under review.
Mega bank consolidation: Meeting April 1 deadline appears challenging
Last year, the government announced consolidation of ten PSBs into four mega state-owned lenders.
Default fear pushes funds to ring-fence Vodafone Idea debt
Mutual funds are seeking to limit any fallout from a possible default by the telecom carrier.
Buy Bharat Petroleum Corporation, price target Rs 492: Kunal Bothra
The analyst suggested a stoploss at Rs 460.
Dedicated freight corridor to bring down charges by 50 per cent
The haulage charges on Dedicated Freight Corridor Corporation of India Ltd network will be 50 per cent lower compared to the freight tariff in the Indian Railways (IRs), DFCCIL MD Anurag Sachan told media during a two-day construction site visit of Eastern Dedicated Freight Corridor (EDFC) here.
Sell Container Corporation of India, price target Rs 500: Sagar Doshi
The analyst suggested a stoploss at Rs 555.
Is ICICI Prudential Equity & Debt Fund an ELSS fund?
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Anti-CAA protest: Entry, exit gates of Jaffrabad metro station closed
The women, carrying the tricolour and raising slogans of 'aazadi', said they would not move from the site till the Centre revoke the CAA.
How to choose an ideal debt mutual fund: Pankaj Pathak explains
How do I choose a debt mutual fund? How do I know whether a debt mutual fund is suitable for me? Many conservative investors have started as...
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