Infrastructure output down in August for first time since 2015
India’s August infrastructure output fell 0.5 per cent in August from a year earlier. – Stocks-Markets-Economic Times
Month: October 2019
Lakshmi Vilas Bank swap ratio not to change
According to the swap ratio, LVB shareholders will receive 14 shares of Indiabulls Housing for 100 shares in LVB. – Stocks-Markets-Economic Times
Helping slake India’s thirst to also unleash growth for some companies
Also some of the companies in water and waste water treatment, desalination projects are also beneficiaries in the projects, said the brokerage. – Stocks-Markets-Economic Times
NSE revises market lot on 57 individual stocks
The circular will come into effect on November 1 this year. – Stocks-Markets-Economic Times
Several PSU divestments lined up: Govt gears up to kick off its own mega Diwali sale
A group of secretaries clears strategic sales in BPCL, BEML and Concor; EoI for Air India being firmed up. – Stocks-Markets-Economic Times
Oil prices rebound on lower output from U.S., Russia, OPEC
Oil prices rebounded in early Asian trade on Tuesday after production at the world’s largest oil producers fell in the third quarter, although demand concerns continued to keep a keep … Read More
Voltas upside may be limited by its ability to raise prices
The stock has risen 10 per cent in the past one month, mainly due to the recent tax cuts. – Stocks-Markets-Economic Times
Japan proceeds with twice-delayed sales tax hike as growth sputters
Japan rolled out a twice-delayed increase in the sales tax to 10% from 8% on Tuesday, a move that is seen as critical for fixing the country’s tattered finances but … Read More
TSMC counter-sues U.S. chip rival GlobalFoundries for patent infringement
Apple supplier TSMC has counter-sued smaller contract chipmaking rival GlobalFoundries Inc in the United States, Germany and Singapore, alleging the U.S. firm has infringed 25 of its patents. – … Read More
Global shares steady, investors pin hopes on U.S.-China talks
Global share prices ticked up on Tuesday as some investors clung to hopes that China and the United States could work towards reaching a deal on trade and other issues … Read More