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Market News

Location American Market News for 27 May 2018

Omnibus accounts: Fillip for GIFT and foreign flows

livemint.com - 27 May 2018 20:28
Omnibus accounts: Fillip for GIFT and foreign flows Sebi has allowed foreign investors in GIFT City to have the so-called 'omnibus trade structure' to ease compliance and access
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Why Aren't Companies Spending More?

Wall Street Journal - 27 May 2018 20:22
The renaissance in capital spending the tax cut was supposed to bring about isn't showing up in the economic data.
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Goldman Sachs' ReNew Power stake sale to be biggest IPO exit by a PE firm in India Goldman Sachs could fetch Rs4,000-4,500 crore in the stake sale via the ReNew Power IPO
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Nifty CPSE index falls 10% in 2017 on weak energy stocks The Nifty CPSE index lost 10.2% in the one-year period ended 25 May, while the benchmark 30-share Nifty index gained 11.52%
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Three dozen companies line up IPOs worth Rs35,000 crore Six state-run entities--IREDA, Rail Vikas Nigam, IRCON International, RITES, Garden Reach Shipbuilders and Mazagon Dock--are among the 3 dozen firms which have lined up their IPOs in the coming months
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