Stock Market

 

Idea Cellular raises Rs 3,500 crore via QIP

Feb 23 2018

Mobile operator Idea Cellular said it has successfully closed a Qualified Institutions Placement (QIP) to raise Rs 3,500 crore.

NSE benchmark Nifty closes 108 points higher

Feb 23 2018

The NSE Nifty settled with a gain of over 108 points following a rally in metal, pharma and banking stocks tracking higher global markets.

Shares in Inditex fall after JP Morgan cuts price target

Feb 23 2018

Shares in Zara fashion chain owner Inditex fell over 7 percent after JP Morgan cut its price target for the company weeks before it is due to report annual results.

Stock futures point to higher open for Wall Street

Feb 23 2018

US stock index were higher as bond yields retreated for the second straight day, with investors also focusing on speeches by Federal Reserve officials.

FTIL case: Sebi disposes of show cause notices against 5 persons

Feb 23 2018

Sebi disposed of show cause notices issued against five individuals in the matter of Financial Technologies, now known as 63 Moons Technologies.

Indian Markets

 
  • SENSEX

    34,142.15 322.65   (0.95 %)
  • NIFTY

    10,491.05 108.35   (1.04 %)
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Global Markets

 

Stocks In News

 

ULTRATECH CEMENT

Ultratech Cement leads race to take over Binani Cement

Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors

Dalmia Bharat offers Rs 6,300 Cr

Dalmia seen to lose as UltraTech offering equity stake to creditors

Final decision on winner to be ratified by NCLT

Business Standard Reporst

IRB INFRA

4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model

Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray

NHAI hopes to generate more than Rs 6000 cr Under TOT model

auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km

Successful bidder to get toll collection rights for 30 years

BALAJI AMINES

Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide

Recommend duty for 5 Yrs on DMAC originating from China and Turkey

ADANI TRANSMISSION

Co bags Rajasthan Project

Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan

Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation

With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets

On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation

Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations

FORTIS HEALTHCARE

To be out of F&O if it does not declare quarterly results by March 1

All existing F&O contracts will expire on March 28

No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1

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