Jindal Steel To Sell Oman Unit For More Than Rs 7,500 Crore To Cut Debt
Selling Jindal Shadeed Iron and Steel Co LLC (JSIS Oman) is expected to reduce JSPL’s overall debt burden by Rs 6,000-7,000 crore. – NDTV Profit – Latest
Month: July 2020
Factory Activity Contracts For Third Straight Month Amid COVID-19 Crisis
The April-June period was the worst quarterly performance since the PMI survey began in March 2005. – NDTV Profit – Latest
Maruti Suzuki Domestic Sales Drop 54% In June
Maruti Suzuki said the sales performance “should be seen in the context of the ongoing COVID-19 pandemic, lockdowns and restrictions required for safety”. – NDTV Profit – Latest
Share market update: Realty shares fall; Sunteck Realty down 3%
The Nifty Realty index was trading 0.62 per cent down at 201.4. – Stocks-Markets-Economic Times
India eases eligibility criteria for investment funds by FPIs
The changes are effective from September 23, 2019. – Stocks-Markets-Economic Times
Share market update: Pharma shares dip; Cipla down over 2%
The Nifty Pharma index was trading 1.33 per cent down at 9852.4. – Stocks-Markets-Economic Times
Stock Ideas: ICICI Securities has a buy call on Tata Steel, target price Rs 594
The brokerage said it would continue to highlight the irrelevance of earnings-based analysis in the sector. – Stocks-Markets-Economic Times
Share market update: Auto shares gain; Bharat Forge rises 3%
The Nifty Auto index was trading 0.2 per cent up at 6732.8. – Stocks-Markets-Economic Times
Buy Petronet LNG, target price Rs 340: Motilal Oswal
The brokerage expects the dividend payout to remain strong, presenting an attractive dividend yield of 3- 3.5 per cent over FY21-22E. – Stocks-Markets-Economic Times
Share market update: IT shares down; NIIT Tech dips nearly 2%
The Nifty IT index was trading 0.06 per cent down at 14745.15. – Stocks-Markets-Economic Times