Global Market News for 21 Aug 2018
Company shares also got support from rising demand for the packaging variety in states like Maharashtra which had imposed a partial ban on use of plastics
The fund, which holds 1.4% of global stocks, saw its stock holdings in emerging markets and China decline
The only constant in the last 16 years has been RIL, which has maintained its position in the top 10 in Nifty50 index
The stock was up 3% at Rs 569, trading at its highest level since April 17, 2018 ahead of June quarter results on Friday.
Jet Airways shares fall as much as 3.73% to Rs 289.95 per share on BSE following reports that the ministry of corporate affairs has opened a preliminary inquiry into the carrier
Outside the United States, markets focused on US sanctions against Iran, which from November will target its oil sector
Ambuja Cements, ACC, Dalmia Bharat, India Cements, Mangalam Cement and UltraTech Cement were up in the range of 1% to 4% as compared to unchanged in the S&P BSE Sensex at 11:22 am.
In a letter sent to ONGC last week, the government did not state how much of ONGC Videsh stake should be offered to outside investors
The company produces commercial vehicle tyres and off-highway tyres at the two plants.
NBFCs are advised to proactively reach out to internal and external stakeholders to highlight impacts of these changes.
The stock fell 7.74 per cent to hit a low of Rs 232.30 on the BSE today morning.
As the company attempts to find the right balance between growth and profitability, investors may need to be prepared for a long runway before MakeMyTrip breaks even
Credit ratings of the emerging market countries have dropped since late 2016.
ICICI Bank, Infosys, Hindustan Unilever and State Bank of India were among top drag on Sensex index.
The project work is valued at Rs 247.06 crore.
A mutual fund scheme's turnover ratio tells you how frequently its fund manager buys and sells the underlying stocks. Typically, higher the turnover ratio, more your fund manager churns
Repayment delays, restructuring and calls for moratorium are likely to impact profits of banks in the coming quarters, though the damage would be significant only for a few banks that have significant... business in the state
Spreads on investment-grade dollar loans for Indian borrowers may rise over the next six months.
If you qualify as an "ordinarily resident" in India, you will pay income tax on worldwide income in India
The sell-off in mid- and small-cap stocks has left smaller firms trading near the biggest price discount to the Sensex since March 2016
Despite the recent selloff, those who held on high-conviction ideas are sitting on healthy profits.
The stock was up 3% at Rs 292, trading at its highest level since June 11, 2018 on the BSE.
The board has fixed August 31 as the record date for the buyback offer.
Stock of India's second-largest ice cream player settled 20 per cent down
Mistry, who derives $16.7 bn of his fortune from his 18.4% equity in Tata Sons makes it harder for Mistry to sell this stake with a change in the legal status of Tata Sons