Roadshows for BPCL sale soon, govt aims to attract foreign players
The government has around 53.3% stake in BPCL and is hoping for a good response from foreign participants. – Stocks-Markets-Economic Times
Month: October 2019
RNAM directs trustees to sell remaining pledged shares of Rana Kapoor in YES Bank
Kapoor has pledged shares of Yes Bank to RNAM, asset manager of Reliance MF, as collateral. – Stocks-Markets-Economic Times
PMC Bank Chief Reveals How He Hid Bad Loans From RBI For 10 Years
Last week, the RBI took the rare step of limiting withdrawals from PMC, causing depositors to besiege the bank’s branches to retrieve their money. – NDTV Profit – Latest
After Market: Tuesday turmoil costs equity investors Rs 1.85 lakh crore; YES Bank, RBL bleed
Barring Maruti, Eicher Motors and M&M, other auto stocks closed in the red. – Stocks-Markets-Economic Times
M&M forms JV with Ford, picks 51% stake in India unit
Ford will retain its engine plant operations in Sanand and global business services units. – Stocks-Markets-Economic Times
Credit Suisse clears CEO Thiam of spying on star banker
Credit Suisse on Tuesday cleared Chief Executive Tidjane Thiam of ordering the botched surveillance of the bank’s former wealth management head Iqbal Khan, but said its chief operating officer had … Read More
Credit Suisse clears CEO Thiam of spying on star banker
Credit Suisse on Tuesday cleared Chief Executive Tidjane Thiam of ordering the botched surveillance of the bank’s former wealth management head Iqbal Khan, but said its chief operating officer had … Read More
GST Collections Fall Nearly 3% In September
The Goods and Services Tax (GST) collection in September declined to Rs 91,916 crore, as against Rs 98,202 crore in the preceding month. – NDTV Profit – Latest
Dollar powers on after biggest quarterly rise since June 2018
The dollar held at a 29-month high on Tuesday as renewed evidence of strength in the U.S. economy encouraged investors to buy the greenback. – Reuters: Money News
Ryanair asks Boeing to ‘eat’ EU tariffs in any Airbus trade war
The head of Ireland’s Ryanair on Tuesday urged the United States and European Union to pull back from a tariff war over aircraft and said he would ask Boeing to … Read More