Menu

Market News

Gautam Adani’s Freight Forwarding Foray: Challenging Global Logistics Giants
Market News, Markets - March 19, 2019

Adani Ports and SEZ approves buyback of 14000 NCD’s

India’s largest private multi-port operator Adani Port and Special Economic Zone Limited’s (APSEZ) board has agreed to buyback non-convertible debentures (NCD’s) worth Rs 1400 crore. APSEZ is a business segment of...
, , , , , 0 Comment
Read More
Adani Group Stocks Rally on SEBI Relief, Investors Watch Pending 22 Orders for Clarity
Market News, Markets - March 18, 2019

Adani Enterprises receives LoA’s from NHAI

Adani Enterprises transport arm Adani Transport Limited, a wholly owned subsidiary received Letter of Awards (LoA’s) from National Highway Authority of India (NHAI). These LoA’s were received as a result...
, , , , , 0 Comment
Read More
Bharti Airtel Supercharges 5G FWA Expansion with Ericsson’s Compact Core Technology
Market News, Markets - March 15, 2019

Bharti Airtel is set to sell 32% stake in Bharti Infratel Ltd

With the recent upheavals in the telecom industry, another major telecom company comes into the limelight following a sale of shares. Airtel’s wholly owned subsidiary Nettle Infrastructure Investments Ltd. are...
, , , , , , , 0 Comment
Read More
IPO research, Market News, Markets, Research - March 14, 2019

Metal Scrap Trade Corporation Limited (MSTC) -IPO note: AVOID

Issue Highlights: Metal Scrap Trade Corporation Limited (MSTC) is a Public Sector Undertaking incorporated on 9th September 1964 with headquarters in Kolkata, India. MSTC comes under category-I Mini Ratna owned...
, , , , 0 Comment
Read More
Mahindra CIE to acquire Aurangabad Electricals
Automobile News, Market News, Markets - March 14, 2019

Mahindra CIE is set to acquire Aurangabad Electricals

In a meeting, held on 12th March, 2019 the board of Mahindra CIE Automotive agreed the acquisition of Aurangabad Electricals Ltd. (AEL). They have acquired 100% of the issued and...
, , , , , , 0 Comment
Read More
Infosys’s ₹300 crore Mohali Campus: What it Means for the IT Sector and Investors
Automobile News, Market News, Markets - March 14, 2019

Infosys inks pact with Rolls-Royce

Indian software giant Infosys agrees on a pact with British corporation Rolls-Royce becoming its strategic long-term partner for delivering engineering and digital services. The engagement entails leverage of Infosys’ turbo...
, , , 0 Comment
Read More
Factory and Industrial Output Face Slowdowns
Economy, Market News, Markets - March 13, 2019

Factory and Industrial Output Face Slowdowns

Owing to the recent spike in food and oil prices, India’s factory growth slowed down and retail inflation saw a rise. Retail inflation rose from 2.05% last month to a...
, , , , , , , , 0 Comment
Read More
Mitsubishi’s $8 Billion Shale Gas Play: A Strategic Leap into U.S. LNG
Market News, Markets - March 13, 2019

Government ushers in new oil policy to promote domestic production

With the present government emphasizing on the importance of reducing the fiscal deficit of the country, the government has tried to make changes to different multiple policies in order to...
, , , , , , , , , , 0 Comment
Read More
Equity Right
Banking, Business, Market News, Markets - March 12, 2019

RBI to force banks to cut interest rates

The Central Bank stated that they will soon get banks to cut the interest rates, the lending rates to the borrower. The reason for this action was blamed on the...
, , , , , 0 Comment
Read More
BluPine Energy Secures ₹2,416 Cr to Build Hybrid Clean Power Project in Karnataka
Market News, Markets - March 8, 2019

Suzlon Energy to restructure its FCCB

Suzlon Energy is set to reorganize their foreign currency convertible bonds (FCCB’s), thereby seeking help of Houlihan Lokey Inc., which are due in July, 2019. They are an American multinational...
, , , , 0 Comment
Read More