February 22: US Stocks Erase Gains, Close In Red, Dow Sheds 166 Points And S&P 500 Fell 0.6% To 2,701. Cameron Brandt, Director-Research At EPFR Says That Equity Investors Are Not Returning To US And Prefer To Invest In Europe & Japan. He Further Says That Investment In Indian Markets Lost Steam Post Budget Announcements.
February 22: RERA, GST And Demonetisation Have Been Beneficial Steps For Real Estate Sector. This Is The Word Coming In From Hardeep Singh Puri, Minister Of State For Housing and Urban Affairs. Listen In To The Conversation.
February 22: The Corporate Industry Fears That Amidst The Big Bank Fraud, There Would Be Less Scope For Small And Medium Scale Industries To Grow. Big Industrial Voices Have Told BTVI That They Forsee A Reduction In Lending By Public Sector Banks.
February 22: BTVI Learns That A Regulatory Body That Could Have Checked PNB Fraud Has Not Been Set Up For 5 Years. Vested Interests Blocked Body Meant To Check PNB Type Frauds. This Has Happened Despite PM Modi's Caution On The Same In July 2017. BTVI’s Ashutosh Kumar Has More Details On This.
February 22: Onto The Continuous Focus On The Big PNB Fraud And Its Fallout Impact, BTVI Learns That The Finance Ministry Is Stepping Up The Road To Merger Of PSU Banks And Some Development May Be On The Horizon Soon. BTVI’s Swati Khandelwal Jain Has The Exclusive Details For Us.
February 22: Hear Out Market Guru Sunil Subramaniam Of Sundaram Mutual Who Says That Investors Must Stay Away From PSU Banks At The Moment. He Is Extremely Bullish On Corporate Private Banks On Back Of Infra Development.
February 22: On This Episode Of Call BTVI, Our Experts Gaurang Shah And Brijesh Singh Discuss Trades In Apex Frozen Foods, Tijaria Polypipes, Jain Irrigation, Biocon, L&T Finance, Bank Of Baroda, Hercules Hoists, Petronet LNG, Welspun Corp, Websol Energy System, M&M, National Fertilisers, HUDCO.
February 22: Royal Orchid has Announced Opening Of New Hotel In Nashik. Chander Baljee, MD At Royal Orchid Says That The New Hotel Will Start Contributing To Revenues By Next Quarter And The Company Is On Track To Achieve Aim Of 50 Hotels In FY18 & 65 Hotels In FY19.
February 22: It’s The Big BTVI Impact. MTNL Shoots Up In Trade As BTVI Learns That PSU Telcos Will Join Hands To Build Synergies. BTVI’s Chetan Bhutani Joined Us With The Exclusive Details.
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
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
Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide
Recommend duty for 5 Yrs on DMAC originating from China and Turkey
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
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