8 companies selected under surveillance measures
The applicable rate of margin in equity and equity derivatives segment will be 35 per cent or the existing margin, whichever is higher, with effect from December 5. – … Read More
Month: December 2019
RBL Bank to launch QIP, eyes over Rs 2,000 crore
The new issue is expected to list by December 10. – Stocks-Markets-Economic Times
Lessons from Zee: What to read when investing in a cash-cow firm
The recent debt-related turmoil in India Inc has one underlying theme — unsuccessful diversification into non-core areas. Even if the flagship businesses are strong, investors can still suffer value erosion … Read More
Technical snag hits HDFC website and mobile application
With a customer base of 50 million, HDFC Bank is the largest private sector bank in the country and one of the largest retail banks in the world. – … Read More
States fight bonus pay for CEO of OxyContin maker Purdue
The chief executive officer of OxyContin-maker Purdue Pharma LP should not collect a potential $1.3 million bonus when he has been accused of contributing to the opioid epidemic, a group … Read More
Japan preparing $120 billion stimulus package as recession risks grow
Japan is preparing an economic stimulus package worth $120 billion (93.5 billion pounds) to support fragile economic growth, two government officials with direct knowledge of the matter said on Tuesday, … Read More
TikTok accused in California lawsuit of sending user data to China
A California college student has accused popular video-sharing app TikTok in a class-action lawsuit of transferring private user data to servers in China, despite the company’s assurances that it does … Read More
Oil rises for a second day as Saudi Arabia pushes supply cut
Oil prices rose for a second day on Tuesday as Saudi Arabia, the de facto OPEC leader and the world’s biggest oil exporter, is pushing producers to deepen a supply … Read More
U.S. vows 100% tariffs on French Champagne, cheese, handbags over digital tax
The U.S. government on Monday said it may slap punitive duties of up to 100% on $2.4 billion in imports from France of Champagne, handbags, cheese and other products, after … Read More
U.S. says sees no reason to reduce tariffs in EU aircraft subsidy case
The U.S. Trade Representative’s office on Monday said it saw no basis in Monday’s World Trade Organization report that would justify reducing U.S. retaliatory tariffs by $2 billion as Europe’s … Read More