Billionaire Uday Kotak seeks up to $919 million in bank share sale
Kotak is selling as many as 56 million shares of the bank for 1,215 rupees to 1,240 rupees each. – Stocks-Markets-Economic Times
Month: June 2020
Moody’s downgrades India’s ratings to Baa3, maintains negative outlook
The ratings agency said India faces a prolonged period of slower growth. – Stocks-Markets-Economic Times
Dow Jones dips amid US protests, China tensions
The Dow Jones Industrial Average fell 40.12 points, or 0.16 per cent, at the open to 25,342.99. – Stocks-Markets-Economic Times
Lack of cash stimulus to push recovery beyond 2022-23: Report
The report added that it means even if the supply side gets restored on account of the various measures announced by the government or the Reserve Bank of India, it … Read More
Coronavirus | DGCA bats for empty middle seats
Members of a family can sit together, says Authority – The Hindu – Industry
Centre Launches Micro-Credit Scheme To Provide Loans To Street Vendors
Union Housing and Urban Affairs Ministry in a statement said the ”Pradhan Mantri Street Vendor’s AtmaNirbhar Nidhi” is likely to benefit 50 lakh. – NDTV Profit – Latest
Rupee rises by 8 paise as government starts to unlock economy
Forex traders said foreign fund inflows, weak American currency and positive domestic equities also boosted investor confidence. – The Hindu – Economy
Rupee rises by 8 paise as government starts to unlock economy
Forex traders said foreign fund inflows, weak American currency and positive domestic equities also boosted investor confidence. – The Hindu – Economy
F&O: Nifty’s momentum bullish, buying interest seen across sectors
Going forward, Nifty’s resistance is placed in the 10,200-10,300 zone. – Stocks-Markets-Economic Times
Sebi says working group submits report on SSE
Sebi invited comments from the public on the report by June 30. – Stocks-Markets-Economic Times