Zuari Agro Chem sells Goa fertilizer plant to Paradeep Phosphates for $280 million
As per a regulatory filing, the board has approved the sell off ‘as a going concern and on a slump sale basis’. PPL plans to fund the acquisition by a … Read More
Month: February 2021
NSE to make changes in index maintenance guidelines, criteria from March 31
From March 31, there will be changes to revision in the index reconstitution date, stock capping, quarterly rebalancing of shares and investible weight factors, and calculation of Price to Earnings … Read More
Illiquid stock options matter: Sebi disposes of adjudication proceedings against three entities
The entities that have settled the cases with the regulator are Open Futures and Derivatives Pvt Ltd, Raj Ratan Smelters Pvt Ltd and Quest Partners. – Stocks-Markets-Economic Times
NSE-BSE bulk deals: Nandan Nilekani’s son trims Majesco stake
Nihar Nilekani, son of Infosys co-founder Nandan Nilekani, sold 211,000 shares of Majesco. – Stocks-Markets-Economic Times
Bitcoin Plummets 17% To $45,000 Amid Concerns Over High Valuation
Bitcoin Slumps 17% To $45,000: – NDTV Profit – Latest
Here’s How You Can Pay Tax, Online Bills With Namma Chennai Smart Card
Namma Chennai Smart Card is a aRu-Pay powered co-branded, contactless prepaid card that facilitate various digital payments like tax and utility bill payments Greater Chennai Corporation centres – NDTV … Read More
RBI may raise rates only in FY23: BofA Securities
“We expect the RBI MPC to remain on hold in FY’22, with oil prices rising, and hike rates by 100bps in FY’23” said Indranil Sengupta, chief India economist, BofA Securities. … Read More
Ahead of Market: 12 things that will decide stock action on Wednesday
Chandan Taparia, Technical & Derivative Analyst at MOFSL said, as long as Nifty remains below 14,850 level, weakness can continue and take Nifty towards the next key support at 14,600 … Read More
Jerome Powell signals Fed to keep buying bonds even as outlook improves
The economy is a long way from our employment and inflation goals, and it is likely to take some time for substantial further progress to be achieved. – Stocks-Markets-Economic … Read More
Tata Consumer to replace GAIL in Nifty from March 31
Adani Enterprises, Apollo Hospitals Enterprise, GAIL, Jubilant FoodWorks, MRF, Vedanta and YES Bank will be included in the Nifty Next 50 with effect from the same date. – Stocks-Markets-Economic … Read More