News

 

Ford accelerates cost-cutting plan, will drop most US sedans

Apr 27 2018 | 13 mins ago

The No. 2 US automaker said it now plans to cut $25.5 billion in costs by 2022, up from $14 billion in cuts it announced last fall.

US stocks on Thursday jump on tech rebound, upbeat earnings

Apr 27 2018 | 15 mins ago

The tech-heavy Nasdaq was on track to snap a five-day losing streak while the S&P technology index appeared poised to post its first up day in six sessions.

Government bonds, call rates drop

Apr 26 2018

The 7.17 percent 10-year benchmark bond maturing in 2028 dipped to Rs 96.0450 from Rs 96.1575, while its yield marginal up to 7.76 percent from 7.74 percent.

Rupee recoups 15 paise to 66.75 against US dollar

Apr 26 2018

After yesterday's rout, the rupee staged a mild recovery to close 15 paise higher at 66.75 against the US dollar on bouts of American currency selling by exporters.

Shell's cash flow disappointment drags FTSE down

Apr 26 2018

Britain’s FTSE was flat, failing to ride a timid bounce by European shares as a missed cash flow forecast from Royal Dutch Shell disappointed investors.

Indian Markets

 
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Global Markets

 

Stocks In News

 

IDFC

In talks to sell MF and broking units for Rs 600 Cr

Bain Capital , Warburg, Yes Bank and IndusInd said to have expressed interest

The AMC business had an AUM of Rs 66392 cr and PAT of Rs 58 cr in FY17

The Securities business had a PAT of Rs 29 cr in FY17

Economic Times Reports

INDIAN HOTELS

Taj Mansingh auction to begin on 19th June18 as per NDMC notice

NDMC - New Delhi Municipality Council

Potential bidders can submit bids starting from 18th May

The hotel is a 292 room five star hotel currently operated by IHCL

Mint Reports

CADILA HEALTHCARE

Zydus Gets final approval from USFDA for Methylprednisolone

Will be manufactured at formulations manufacturing facility at Moraiya, Ahmedabad

Also received final approval to market Cinacalcet Hydrochloride Tablets

Will be manufactured at facility at SEZ, Ahmedabad

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