RBI board meet to look at relaxing prompt corrective action framework, board to discuss NBFC liquidity crisis.
It is a growing list of businessmen who escaped from India to avoid prosecution. There are ten names initially, which is now at 30. Topping this list is Vijay Mallya.
Shantanu Guha Ray, Guarang Shah and HP Ranina, talk on SC putting Fortis Health’s sale on hold.
Manufacturing inflation at 4.21% vs 4.49% MoM. Primary articles inflation at 0.88% vs 1.79% MoM. Food inflation at -1.96% vs 0.64% MoM. Fuel price inflation at 16.2% vs 18.4% MoM.
FMCG companies saw a dip in margins in Q2; but seeing correction in prices now, also expect to see some pressure on Dabur's gross margins in Q3 said Kaustubh Pawaskar, FMCG Analyst, Sharekhan.
Supreme Court orders status quo on sale of Fortis to IHH which is a major setback for Fortis.
RBI board is meeting in Mumbai today after Shaktikanta Das took charge this week. Relaxation on PCA norms is likely to be discussed.
14 Dec 2018 - Market Wrap. Telcos see selling as analysts surprised by ACCC concerns. Nine Entertainment (ASX:NEC) enters ASX top 100 after merging with Fairfax. Australian Pharmaceutical Industries (ASX:API) buys 13% of Sigma (ASX:SIG) and made a...
Govt will have to trust the business and the ways of market and need to work on increasing the purchasing power of the average population of India, especially in the rural sector says Rashesh Shah, Chairman, President FICCI.
The company has bagged 90.000 truck wheel order from US worth over $4Bn.
The new governor Shaktikanta Das said that he believes in a consultative, collaborative approach to decision making, He also said that he would approach the stakeholders for feedback in areas which are currently facing issues.
After Kamal Nath was announced as the Chief Minister of Madhya Pradesh, the Rajasthan rumble is on. Sachin Pilot is in no mood to give up the post of CM.
Raghuram Rajan says that GST is a good example of coming together to the state and the centre. IBC is also trying to find its feet in major cases for cleaning the banking system. All these indicate towards a good administration.
The idea of reducing promoter's shareholding in banks will help foreign funds take over. Increasing ownership of foreign funds will result in voting rights and board presence.
A day before crucial central bank board meeting, Railway minister Piyush Goyal criticised the functioning of the regulator under the previous governor Urjit Patel.
Dow closed 70.11 points higher at 24,597.38 after alternate gains and losses.
14 Dec 2018 - The ASX has been falling lower through out the morning and is tracking 0.7% lower at noon. Australian Pharmaceutical Industries (ASX:API), saw a rise today after reiterating its desire to merge with Sigma Healthcare. They already hol...
14 Dec 2018 - Real Estate Investment Trust Dexus (ASX:DXS) today announced external independent valuations have resulted in a total estimated $405 million or 3.1 per cent increase on prior book values for the six months to 31 December 2018.
14 Dec 2018 - Australian Pharmaceutical Industries (ASX:API) reconfirmed the terms of a non-binding indicative proposal made to Sigma’s Board of Directors back in October to acquire 100 per cent of the shares in Sigma, via a scheme of arrangement.
14 Dec 2018 - Household consumer products distribution company GWA (ASX:GWA) has today taken a significant step towards strengthening its water solutions strategy and accelerated growth opportunities with the proposed acquisition of Methven, via a...
14 Dec 2018 - Australia’s largest wood-fibre processor and exporter, Midway (ASX:MWY) has secured a significant increase in hardwood woodchip export prices from major Chinese customers.
14 Dec 2018 - The ASX is set to open lower this morning on the back of a mixed performance on Wall Street. Small caps lead declines in the US yesterday, as trade tensions continued to weigh. Utilities were on the rise in the US yesterday but banks...
14 Dec 2018 - Lithium producer Orocobre (ASX:ORE) has signed three pivotal agreements with joint venture partner Toyota Tsusho Corporation.
14 Dec 2018 - Property search engine company the Mitula Group (ASX:MUA) has been suspended from quotation since the close of trade yesterday.
14 Dec 2018 - Vanguard Investments Australia Product Research and Development Manager, Rachel White introduces Vanguard’s approach to Environment, Social & Governance (ESG) screening, its funds and why ESG matters.
Promises were made to farmers by Congress President Rahul Gandhi ahead of elections, where the party won but now who will pay for farm loan waivers and Will BJP buck under farm pressure? Catch the discussion on this episode of ‘RajNiti’.
Heavy infighting in Congress in all three states. No consensus even after intervention of Sonia Gandhi, Rahul & Priyanka Gandhi.
Congress divided over CM pick and other top political news for the day.
Usha Martin MD Rajeev Jhawar questioned for non-disclosure of global investments in IT returns.
Jitendra P.S. Solanki, Founder, J.S. Financial Advisors guides you through your investment plans and tells you the best funds to invest in through mutual funds.
Colgate has recently launched toothpaste in multiple pack sizes at different price points so expect strong demand for co's products in rural areas says Astha Jain, Senior Research Analyst, HEM Securities Ltd.
The board has decided but not disclosed the name as they need RBI's permission.
The promise of the congress party not to hike power tariffs in states ruled by it could lead to friction with power producers. The congress recently won three states, Madhya Pradesh, Rajasthan and Chattisgarh, and has said that it will not allow a...
Odisha's demand for coal is 80MT for private and state companies. Utkal chamber of commerce has raised the demand with Coal Ministry.
BJP is conducting a review meeting in the capital regarding the election verdict. The party state presidents and incharges will be present in the meeting.
Meeting with RBI Governor introductory in nature, discussed Feb 12 circular issue, NBFC liquidity.
Let our experts guide you through all the long term and short term investment plans.
Shaktikanta Das has promised to turn the focus on the banking sector in his first press conference as the governor and today, the new appointee has called a meeting with the he heads of PSU banks in Mumbai.