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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...
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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...
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Suzlon Energy Ltd: PAT rose 538% YoY to ₹1,279 crore, revenue jumped 85%
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...
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India to not worry about Trump’s Immigration Policy
Market News, Markets - March 8, 2019

Donald Trump terminates India from GSP program

The Donald Trump regime has decided to remove India from GSP citing due to its inability to provide equitable access to its markets. Turkey is supposed to be removed too....
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Ajay Kapur appointed as CEO of aluminium, power business of Vedanta Group
Market News, Markets - March 7, 2019

Ajay Kapur appointed as CEO of aluminium, power business of Vedanta Group

On Tuesday 5th march, 2019 Vedanta group appoints Mr. Ajay Kapur as a Chief Executive Officer for aluminium, power business .Earlier; Mr. Kapur was managing director and CEO of Ambuja...
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Markets Plunge as Middle East Tensions Erupt: Oil Soars, Aviation and Equities Suffer
Market News - March 7, 2019

ONGC receives bid from Schlumberger for upgradation of oilfields

ONGC has received lone bid from the world’s largest oilfield services company Schlumberger, United States. ONGC made proposal’s to various oilfield services company with an aim to maximize the yields...
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Astral Pipes posted a net profit of Rs. 96 Cr.
Market News - March 5, 2019

JSW Steel emerge victorious against Tata Steel to acquire BSPL

JSW Steel has acquired the stressed assets of Bhushan Steel and Power Limited (BSPL) after successfully winning the bid battle against Tata Steel. It expects to take over the operations...
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Torrent Power Q2 FY26: Profit Surges ~50%, Powered by Strong Generation and Lower Finance Costs
Market News - March 5, 2019

Adani power’s SEZ project gets Government approval

On 3rd March 2019, The Government approved Adani Power’s Special Economic Zone (SEZ) project in Godda district in Jharkhand. The entailing investment of the company is around Rs. 14,000 crores....
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US Airstrike on Iran: Oil Shock for India
Commodities, Market News - March 4, 2019

OPEC cuts supply causing oil prices to rise

Oil prices recorded growth in price due to declining crude inventories. This was a result of OPEC (Organization of the Petroleum Exporting Countries) continuing with their supply cuts. The move...
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RBI Lowers CPI Inflation Forecast to 3.7% for FY26 Amid Stable Price Outlook
Banking, Market News - February 28, 2019

Three more Banks out of RBI's PCA framework

On 26th February 2019, board for Financial Supervision (BFS) held a meeting to analyze the performance of Allahabad Bank, Dhanalaxmi Bank, and Corporation Bank. The BFS observed that Government of...
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