Menu

Market News

Giva Raises Fresh Capital to Strengthen Jewelry Business, Valued at ₹3,950 Crore
Banking, Business, Economy, Market News, Markets - May 27, 2019

RBI releases draft norms on Liquidity Risk Management for NBFCs and Core Investment Companies

On 24th May 2019, the Reserve Bank of India (RBI) suggested changes in the Asset Liability Management (ALM) framework for Non-Banking Financial Companies (NBFCs) and Core Investment Companies (CICs) in...
, , , , , , , , 0 Comment
Read More
Can India’s Private Sector Growth Sustain Itself Amid Cooling Momentum?
Business, Market News, Markets - May 25, 2019

Jet Airways plummets 8 percent as Etihad and Hinduja fails to arrive at consensus

The stock of the debt-ridden airline, Jet Airways plunged 8% on reports of a failed deal between Etihad & Hinduja group. On May 24, 2019, Jet Airways hit an intraday...
, , , , , , 0 Comment
Read More
Battery Storage Win Powers Acme Solar’s Stock Surge
Business, Market News, Markets - May 24, 2019

Gujarat solar auction allocates 250-Megawatt solar power to Tata power

Amongst the bidders for 250 megawatt (MW) solar power auction, Tata Power Renewable Energy emerges as a winner. On 22nd May 2019, an auction was held in Gujarat by the...
, , , 0 Comment
Read More
HDFC Bank Q1 Result Update: Profit rises 19% YoY to Rs 9,196 crore; NII up 15%
Business, Market News, Markets - May 24, 2019

HDFC Bank stock set to split after board approval

The largest bank in India, Housing Development Finance Corporation Bank (HDFC), has received the Board's approval for share-split. On May 22, 2019, HDFC Bank informed the exchange about the approval...
, , 0 Comment
Read More
Deutsche Bank Entities Reduce Yes Bank Stake: Market Implications and Strategic Shifts
Business, Market News, Markets - May 24, 2019

Yes bank finally makes provisions for ADAG and Essel group exposures

Yes Bank is a day late and a dollar short to make provisions, nevertheless the process has been initiated. Reliance Anil Dhirubhai Ambani Group (Reliance ADA Group) and Essel Group,...
, , , 0 Comment
Read More
Etihad set to meet Hinduja's to revive Jet
Business, Market News, Markets - May 23, 2019

Etihad set to meet Hindujas to revive Jet

The Hinduja Group has obtained the approvals of key stakeholders of Jet Airways to invest in the debt-ridden airways. However, there is no confirmation on the deal yet. The debt-laden...
, , , 0 Comment
Read More
Jio Financial Acquires Remaining SBI Stake to Fully Own Jio Payments Bank in ₹104.54 Crore Deal
Business, Market News, Markets - May 22, 2019

Jio adds more subscribers at the expense of Airtel, Voda

Mukesh Ambani led Reliance Jio records an increment of 94 lakh subscribers despite a decline of 1.82% in teledensity of India in March 2019. This recent addition of customers has...
, , , , 0 Comment
Read More
Tesla teams up with Ashok Layland to enter India
Business, Market News, Markets - May 22, 2019

Tesla teams up with Ashok Leyland to enter India

The leader in the industry of clean energy automotive- Tesla has received an invitation to the Indian markets from the Chief Digital Officer(CDO) of Ashok Leyland Mr Venkatesh Natarajan. The...
, , 0 Comment
Read More
Equity Right
Business, Market News, Markets - May 21, 2019

MCA estimates Rs.2.8 lakh crore recovery from IBC resolution

The Ministry of Corporate Affairs (MCA) has estimated a total recovery of Rs. 2.8 lakh crores through the Insolvency and Bankruptcy Code (IBC). This amount will be from resolutions with...
, , , 0 Comment
Read More
Trump Tariffs Push US Inflation to Eight-Month High
Business, Market News, Markets - May 20, 2019

US china trade war escalates. Should we worry

14th May’19 witnessed fuel to the fire with the Chinese imposing $60 billion tariffs on 5,140 US goods. The tariff rate ranged from a minimum of 5% to a maximum...
, , 0 Comment
Read More