Vodafone Idea shares plunge on SC AGR verdict
Shares of cash strapped VIL tanked by 14.92% on the BSE within minutes of the judgement to trade at Rs 8.67 a piece. Shares of Airtel, with a stronger balance … Read More
Month: September 2020
Stock market update: Auto stocks gain; Maruti Suzuki rises 2%
The Nifty Auto index was trading 0.82 per cent up at 7904.35. – Stocks-Markets-Economic Times
AGR verdict: SC orders telcos to pay AGR dues in 10 years; Vodafone Idea cracks 18%, Airtel jumps 5%
Vodafone Idea slumped 9.91 per cent to Rs 9.18 while Bharti AIrtel surged 4.68 per cent to Rs 538 following the verdict. – Stocks-Markets-Economic Times
Escorts gains 4% as tractor sales jump 80% in August
“The market sentiment continues to be highly positive with good monsoons, better Kharif sowing, crop prices holding up well, and good supply of retail finance. We remain optimistic for the … Read More
Stock market update: Airtel, RCom pull BSE Telecom index up 3%; Voda Idea nosedives 15%
The index was trading 2.57 per cent up at 1258.89. – Stocks-Markets-Economic Times
Vodafone Idea Crashes 20%, Airtel, RCom Stocks Rise On AGR Verdict
Vodafone Idea Limited which owes more than Rs 50,000 crore in AGR-related dues had sought 15 years to pay its part – NDTV Profit – Latest
Top Court Gives Telecom Firms 10 Years To Pay Dues, Contempt If Default
The Supreme Court on Tuesday allowed the telecom companies to pay their adjusted gross revenue (AGR) dues, amounting to about Rs 1.6 lakh crore, in a staggered manner spread over … Read More
Construction Industry Crashes 50%, Manufacturing 39% As GDP Falls 24%
The country’s GVA or gross value added at constant price declined 22.8 per cent in the first quarter of current financial year, as against a 3 per cent rise in … Read More
Paint stocks see solid rebound, but can they paint the town red?
Stocks of Asian Paints and Berger Paints haven’t logged big gains on a year-to-date basis; they have simply gyrated back to their pre-Covid levels, and continued to be consistent performers … Read More
Loan Moratorium Can Be Extended For 2 Years: Centre To Supreme Court
The central government on Tuesday informed Supreme Court that loan moratorium period can be extended by two years as per the RBI’s circular. – NDTV Profit – Latest