New Delhi: What is the correlation between promoters increasing their stakeholding in companies and the consequent impact on the company’s share price? Usually, an increase in promoter stake is seen as …
Nine companies in BSE 500 where promoter stake went north see boost in stock price Read More
New Delhi: Moody’s Investors Service said on Friday that economic damage as a result of India’s coronavirus lockdown will likely be extensive and reflect the country’s inherent economic vulnerability and …
Economic damage for India from lockdown to be significant: Moody’s Read More
Mumbai: Reserve Bank’s Governor Shaktikanta Das on Friday said the macroeconomic impact of the pandemic is turning out to be more severe than initially anticipated. In an online address to …
Pandemic’s macroeconomic impact more severe: RBI Guv Read More
Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that the GDP growth rate for the financial year 2020-21 is likely to be in the negative territory …
RBI says India’s FY21 GDP growth to be negative Read More
Mumbai: The BSE Sensex pared losses to trade on a flat note after opening 110 points lower on Friday. The domestic indices opened on a negative note tracking weakness in the …
Sensex trades flat after gap-down opening Read More
Mumbai; Reliance Industries Limited (RIL) and Jio Platforms Limited, India’s leading digital services platform, announced on Friday that US private equity fund, KKR will invest Rs 11,367 crore into Jio Platforms. …
KKR to acquire 2.32% stake in Jio Platforms for Rs 11,367 crore Read More
New York: The US dollar rose in late trading on Thursday as market participants digested a slew of economic data. The dollar index, which measures the greenback against six major peers, …
US dollar climbs amid economic data Read More
New Delhi: State-run Airports Authority of India has advised passengers-to reach airport 2 hours prior to departure. In its standard operating procedures (SoPs), the state-run firm also asked passengers to …
AAI asks passengers to reach airport 2 hrs prior to departure Read More
New Delhi: The key Indian equity indices rose on Thursday with the BSE Sensex gaining over 280 points. Buying activity in banking, finance and auto stocks supported the indices. At …
Sensex up 280 points; banking, finance stocks rise Read More
Mumbai: Reliance Industries on Wednesday said that it has allotted unsecured redeemable non-convertible debentures (NCD) worth Rs 3,600 crore on a private placement basis. “We refer to our letter dated April …
RIL allots NCDs worth Rs 3,600 cr on private placement basis Read More