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UTI AMC Makes A Tepid Debut, Lists At 12% Discount
Edited by Peter Noronha | Monday October 12, 2020The shares of UTI AMC listed at Rs 490.25, a discount of Rs 63.75 or 11.51 per cent on the BSE, compared to the issue price of Rs 554. -
Mazagon Dock Shipbuilders Debuts At 49% Premium To Issue Price
Edited by Peter Noronha | Monday October 12, 2020The shares of the country's largest defence company listed opened at Rs 216.25 on the BSE, up Rs 71.25 or 49 per cent compared to issue price of Rs 145 per share. -
"Higher-Than-Expected" Reopening In India Boosts GDP Recovery Hopes
Abhishek Vishnoi, Bloomberg | Monday October 12, 2020A Jefferies Financial Group Inc. model tracking economic recovery this week showed activity in India is already at 93 per cent of pre-Covid levels. -
Market Latest Updates: Sensex Jumps Over 350 Points, Nifty Touches 12,000 As Financial, IT Stocks Lead Gains
Edited by Sandeep Singh (with inputs from agencies) | Monday October 12, 2020Share Market Latest Updates: Share markets in other parts of Asia jumped led by Chinese shares, though caution about the fate of US stimulus kept the dollar firm and a central bank policy tweak unwound some of the yuan's gains. -
Petrol, Diesel Prices Unchanged On Monday
Edited by Peter Noronha | Monday October 12, 2020In Delhi, the price of petrol was Rs 81.06 per litre and that of diesel was Rs 70.46 per litre, according to notifications from Indian Oil Corporation. -
Sensex, Nifty Likely To Open Firm
Edited by Peter Noronha (with inputs from agencies) | Monday October 12, 2020Asian stock markets began the week with cautious gains on Monday, as investors clung to hopes for U.S. stimulus spending, while the dollar firmed after a Chinese central bank policy tweak unwound some of the yuan's steep gains. -
UTI AMC Public Offer To List On October 12
Edited by Peter Noronha | Sunday October 11, 2020UTI AMC IPO: The public issue was subscribed 2.31 times; 2.32 times in retail category, 3.34 times in qualified institutional buyers category and 0.93 times among non-institutional investors. -
Mazagon Dock Shipbuilders IPO To List On BSE, NSE On Monday
Edited by Peter Noronha | Sunday October 11, 2020Mazagon Dock IPO: The IPO was subscribed more than 157 times, receiving bids for 481.65 crore shares as against the issue size of 3.06 crore, NSE data showed. -
Petrol, Diesel Rates Remain Constant In Metros On Sunday
Edited by Peter Noronha | Sunday October 11, 2020In Delhi, the price of petrol was Rs 81.06 per litre and that of diesel was Rs 70.46 per litre, according to Indian Oil Corporation, the country's largest fuel retailer. -
RBI Appeals To Supreme Court To Allow Banks To Classify Bad Loans
Reuters | Saturday October 10, 2020, MumbaiThe RBI warned that failure to immediately lift an interim stay on banks classifying any loan as a non-performing asset (NPA) would also undermine the central bank's regulatory mandate. -
US Imposes Tariffs On Aluminum Sheet From India, 17 Other Countries
Reuters | Saturday October 10, 2020, WashingtonUS Commerce Secretary Wilbur Ross said the US International Trade Commission would make the final determination in February 2021. -
What Changes To Residential Status Provisions Mean For Taxpayers
Homi Mistry | Saturday October 10, 2020Individuals who were likely to qualify as non-residents earlier will qualify as not ordinarily residents as per the amended provisions. -
Petrol, Diesel Rates Unchanged In Metros On Saturday
Edited by Sandeep Singh (with inputs from agencies) | Saturday October 10, 2020Petrol And Diesel Rate: In Delhi, the price of petrol was at Rs 81.06 per litre on October 10, and that of diesel at Rs 70.46 per litre, according to notifications from Indian Oil Corporation. -
Sovereign Gold Bonds To Open For Subscription On Monday. Here's All You Need To Know
Edited by Sandeep Singh | Saturday October 10, 2020Gold Bond Scheme: Launched in 2015 along with the Gold Monetisation Scheme, the Sovereign Gold Bond scheme provides gold-linked returns and an additional return at 2.5 per cent per annum. Wealth planners say gold bonds are an effective way to invest in non-physical gold. -
Gold Sold At Premium After 2 Months As Jewellers Bank On Festive Revival
Reuters | Saturday October 10, 2020, Bengaluru/MumbaiIn Bangladesh, some people resorted to selling gold with the coronavirus outbreak having shuttered businesses and choking incomes.
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