RBI stays put, banks sway, India Inc sulks

Apr 07 2015

Banks did align with RBI’s rate signal by lowering lending rates marginally.

Land Ordinance: Modi’s litmus test on protecting farmers’ interest

Apr 06 2015

The New Land Ordinance is perceived by some critics as an attempt to dilute the gains that had been made in enacting the land acquisition law of 2013.

What should PM Modi do: A check list

Apr 05 2015

Modi must implement dramatic changes with alacrity and the changes should characterise permanence.

Modi braves another storm in Parliament on Land Ordinance

Apr 03 2015

The proroguing of the Rajya Sabha and the repromulgation of the Land Ordinance could be a clever ploy to dare the Opposition to defeat the Bill in Upper House.

Markets@FY15: Big is Beautiful, Small is Splendid

Mar 31 2015

Modi wave drove up shares during FY15 but uncertainty over reforms may retard the Bull Run in FY16.

Indian Markets


    32,596.54 409.73   (-1.24 %)

    9,998.05 116.70   (-1.15 %)

Global Markets


Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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