Budget well meaning, but may miss deficit target
The budget is well intentioned, even though it does not use the word ‘slowdown’ even once. – Stocks-Markets-Economic Times
Month: February 2020
Life, health covers may lose lure as sops turn optional
Sales of life and health insurance policies are expected to take a big hit. – Stocks-Markets-Economic Times
Strife On D-Street: Sensex tanks 988 points in biggest B-Day plunge
Nirmala Sitharaman disappointed Dalal Street investors with her second Budget on multiple fronts. – Stocks-Markets-Economic Times
Many to miss out on ESOP relief
ESOPs only apply to about 200 startups recognised by the inter-ministerial board. – Stocks-Markets-Economic Times
Investors lose 3.5 lakh crore, the most on a Budget day
The previous biggest single-session fall, of 870 points, was on July 6, 2009. – Stocks-Markets-Economic Times
Dear Zindagi: Listing may make LIC most valuable company
Valued on the basis of its AUM, LIC would have a market cap of Rs 55 lakh crore. – Stocks-Markets-Economic Times
7 out of top 10 firms lose Rs 1.89 lakh crore in m-cap
Sensex plummeted 1,877.66 points to close below the key 40,000-mark at 39,735.53 last week. – Stocks-Markets-Economic Times
IDBI up for sale loss, stock and bank
The government now plans to sell its remaining equity in the secondary market. – Stocks-Markets-Economic Times
View: Budget enough to satisfy both optimists & pessimists
The optimists will cheer the government’s efforts to contain the fiscal deficit. – Stocks-Markets-Economic Times
Big push for disinvestment likely to bridge fiscal deficit
The government is expected to go full throttle on disinvestments in BPCL, SCI among others – Stocks-Markets-Economic Times