The threat of a global trade war pushed benchmark equity indexes in the US and Europe deep into the red on Thursday.
Nifty slipped by 40.50 points to close at 10,114.75 dragged by profit booking in PSU banks, media, realty, IT, infra and auto sectors.
ICICI Securities' over Rs 4,000 crore initial public offer (IPO) was subscribed 29 percent on the first day of the three-day bidding.
Markets regulator Sebi disposed of cases against GKN Securities and OPG Securities in a matter related to alleged fraudulent trading in the shares of Ujaas Energy.
US stocks fell about 1 pc on the growing threat of a global trade war as the Trump plans to impose import tariffs on China and as tech stocks stayed under pressure.
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
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