Mahindra, Ford Motor To Form Joint Venture, Deal Valued At $275 Million
The deal envisages Ford to transfer its India operations to the joint venture, including its personnel and assembly plants in Chennai and Sanand. – NDTV Profit – Latest
Month: October 2019
Indian Overseas Bank may come out of PCA soon: Karnam Sekar
The non-performing assets problem is behind us, says CMD – The Hindu – Industry
Ring time: Airtel, Vodafone Idea follow Jio, slash time to 25 seconds
No other choice in the absence of a firm directive from TRAI, says Bharti Airtel – The Hindu – Industry
US factory activity sinks to 10-year low in September
The Federal Reserve cut interest rates again last month after lowering borrowing costs in July for the first time since 2008. – Stocks-Markets-Economic Times
SAT upholds Sebi order against Gautam Thapar, other ex-officials of CG Power
The former officials of the company contended before the tribunal that Sebi, by passing the ex-parte ad-interim order has already placed the appellant guilty without trial. – Stocks-Markets-Economic Times
Sebi allows MFs to invest in unlisted NCDs
With regard to sector level exposure limits, Sebi has reduced such limits to 20 per cent from 25 per cent. – Stocks-Markets-Economic Times
DIPAM asks economic affairs division to let it oversee PSU dividends
Currently, the dividend policy and its collection is handled by the economic affairs divison. – Stocks-Markets-Economic Times
Trump blasts Fed, says strong dollar hurting US manufacturers
The Fed is due to release figures on US manufacturing output during September on Oct 17. – Stocks-Markets-Economic Times
Ford ties up with Mahindra in India to cut risks and costs
Ford Motor Co and Mahindra & Mahindra said on Tuesday they would form a joint venture in India, in a move aimed at reducing risks for the U.S. automaker’s local … Read More
Dollar falters after soft U.S. manufacturing data
The dollar fell against the euro and the yen on Tuesday after data showed weakness in the U.S. manufacturing sector and a lower-than-expected rise in construction spending. – Reuters: … Read More