Adani agrees to acquire majority stake in Mumbai airport
With this, Adani also will get control of the new airport coming up at Navi Mumbai – The Hindu – Industry
Month: August 2020
Cyient to acquire Australian consulting firm IG Partners
Definitive agreement signed for the over Australian dollar 11.6 million transaction – The Hindu – Industry
Sensex Falls Over 600 Points From Day’s High Ahead Of GDP Data
India is likely entering its deepest recession on record, which is expected to run through the second half of the fiscal year. – NDTV Profit – Latest
Sovereign Gold Bonds Open For Subscription Till Friday. Should You Buy?
The interest on gold bonds is taxable. However, the capital gains arising out of redemption are exempted for individual investors. – NDTV Profit – Latest
Adani Group To Purchase Majority Stake In Mumbai International Airport
Adani Group will buy 50.5 per centstake from GVK Group and 23.5 per cent from minority partners including Airports Company South Africa and Bidvest Group. – NDTV Profit – … Read More
Stock market news: Federal Bank shares down loses over 2%
Shares of Federal Bank Ltd. traded 2.4 per cent down in trade at 11:18AM on Monday. – Stocks-Markets-Economic Times
Stock market news: Tata Motors shares climb 1%
A total of 2,130,550 shares changed hands on the counter till 11:13AM (IST). – Stocks-Markets-Economic Times
Zero worth, 300% return! Better steer clear of these stocks
Analysts said the spurt in these stocks has been propelled by first-time traders and investors, who have entered the market since Covid-19 lockdown. Seasoned traders, they said, are not falling … Read More
Stock market news: ICICI Bank shares rise 1%
Shares of ICICI Bank Ltd. traded 0.95 per cent down in trade at 11:07AM on Monday. – Stocks-Markets-Economic Times
Q1 GDP contraction 15% or 25%? Dalal Street really does not care. Here’s why
Kotak analysts do see earnings disappointments in FY21, as expenditure and variable costs of corporates would rise going ahead amid not-so-strong demand, but said investors are trying to look beyond. … Read More