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Here's Everything You Need to Know About Ant Groups Pulled IPO
David Scanlan, Bloomberg | Wednesday November 04, 2020The company will have to boost capital and reapply for national licenses before the sale can go ahead. -
Petrol, Diesel Prices Unchanged On Wednesday
Edited by Peter Noronha | Wednesday November 04, 2020In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel at Rs 70.46 per litre on November 4, according to Indian Oil Corporation notifications. -
Sensex, Nifty Likely To Have A Cautious Start
Edited by Peter Noronha (with inputs from agencies) | Wednesday November 04, 2020E-Mini futures for the S&P 500 retreated 0.2 per cent, Japan's Nikkei was still up 1 per cent, but South Korea went flat and MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.3 per cent. -
China Blocks Jack Ma's $35-Billion Ant IPO, World's Biggest
Lulu Yilun Chen and Richard Frost, Bloomberg | Tuesday November 03, 2020The Shanghai stock exchange will suspend the listing after Jack Ma was called in for "supervisory interviews" by related agencies, it said in a statement Tuesday. -
Alibaba Shares Plunge Nearly 9% After China Suspends Ant Group's IPO
Edited by Abhishek Vasudev (with inputs from Reuters) | Tuesday November 03, 2020Ant was set to go public in Hong Kong and Shanghai on Thursday after raising about $37 billion, including the greenshoe option of the domestic leg, in a record public sale of shares. -
Ant Group's $37 Billion Listing Suspended In Shanghai And Hong Kong
Reuters | Tuesday November 03, 2020Ant was set to go public in Hong Kong and Shanghai on Thursday after raising about $37 billion, including the greenshoe option of the domestic leg. -
Rupee Ends Nearly Unchanged At 74.40 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Tuesday November 03, 2020While sharp gains in domestic equities and foreign fund inflows, supported the domestic currency, weakness in the greenback overseas leading to dollar buying and rising oil rates limited its appreciation, say analysts. -
RBI Exploring Investment Options For Reserves: Report
Reuters | Tuesday November 03, 2020The official said that the RBI was studying the possibility of investing in AAA-rated corporate dollar bonds, which offer better returns than sovereign credit. -
Bank Of Baroda Rolls Back Charges After Public Outcry
Edited by Abhishek Vasudev (with inputs from Reuters) | Tuesday November 03, 2020Bank of Baroda reported a net profit of Rs 1,679 crore for the quarter ended September, a jump of 128 per cent from the same period a year ago. -
Merchandise Exports Fall 5.4% In October, Trade Deficit Narrows
Edited by Nikita Prasad | Tuesday November 03, 2020Exports during the April-October period stood at $150.07 billion, registering a decline of 19.05 per cent over the corresponding period last year. -
Gold Price Today: Domestic Gold Futures Eke Out Gains Amid Volatile Trade
Edited by Sandeep Singh (with inputs from agencies) | Tuesday November 03, 2020Gold Price In India Today: MCX gold futures moved within a range of more than Rs 350, between Rs 50,789 and Rs 51,165, compared to their previous close of Rs 51,067. -
New Pipeline To Boost 2021-22 Gas Supply By A Quarter: Gujarat State Petronet
Reuters | Tuesday November 03, 2020GSPL operates about 2,700 km (1,678 miles) of gas pipelines with capacity of 43 mmscmd, but in the 2019-20 financial year it supplied 40 mmscmd gas, as one pipeline was commissioned only in November 2019. -
Gland Pharma Gets Nod To Float IPO
Edited by Peter Noronha | Tuesday November 03, 2020The IPO comprises fresh issue of shares amounting to up to Rs 1,250 crore and an offer for sale of more than 3.4 crore shares, draft papers filed with SEBI reveal. -
Jack Ma Gets Warning From China Days Ahead Of Ant's Record IPO: Report
Bloomberg News | Tuesday November 03, 2020Ant's leadership team was told the company will face increased scrutiny and be subject to restrictions on capital and leverage similar to banks. -
Sensex, Nifty Gain For Second Straight Session Led By Banks
Edited by Abhishek Vasudev | Tuesday November 03, 2020Banking shares witnessed strong buying interest for second session in a row. In the last two sessions Nifty Bank has surged 1,782 points or 7.45%.
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