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Week in 5 charts: Sensex, Nifty gain amid weak domestic data, firm global cues; rupee extends gains – Moneycontrol.com
The BSE mid-cap index rose 1.11 percent, and the BSE large-cap index added 1.35 percent in the past week. Read More
reported by at Moneycontrol.com
Sebi refuses any relief to lenders of Karvy – Livemint
Sebi observed that all the pledged shares came from client accounts and the lenders did not exercise proper ‘due-diligence’.The market regulator also found the lenders lapsing as they merely relied on Karvy’s assertions that the pledged shares belonged to the… Read More
reported by Jayshree P. Upadhyay at Livemint.com
Petrol prices fall again, diesel rates remain unchanged for fourth consecutive day – Free Press Journal
On Saturday, the petrol price was cut by 5 paise per litre, while price of diesel remained unchanged for the fourth successive day across major cities of the country. Read More
reported by FPJ Web Desk at Freepressjournal.in
ArcelorMittal initiates Rs 42,000 cr payment for Essar Steel acquisition: Report – Moneycontrol
As per a source privy to the development, ArcelorMittal has arranged the entire fund and is likely to transfer the amount by December 16. Read More
reported by at Moneycontrol.com
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From the blogs
Moody’s Cuts India’s GDP Growth Forecast To 5.6% For 2019 NDTV News
Moody's Investors Service on Thursday lowered its economic growth forecast for India to 5.6 per cent in the current financial year, saying GDP slowdown in the country is lasting longer than previously expected. The cut in growth forecast comes a week after th… Read...
Flipkart’s Loss More Than Halved, Revenue Surged To Over $6 Billion In 2018 BloombergQuint
Flipkart trimmed its losses for the first time in four years as the Walmart-owned e-tailer shifted focus towards profitability. Read More reported by Nishant Sharma at...
NALCO gains 4% on announcing record dividend for FY18 Moneycontrol.com
The total dividend for the financial year 2018-19 works out to Rs 1072.73 crore as against Rs 1101.77 crore during the previous year. Read More reported by at...