Scan to Download
Government has appointed Krishnamurthy Subramanian as the Chief Economic Adviser for a term of three years.
Krishnamurthy Subramanian is currently serving as associate professor and executive director, Centre For Analytical Finance at Indian School of Business.
Shares of the Mumbai-based airline operator erased gains and fell as much as 2.32 percent to Rs 271.25 after credit rating agency downgraded its long-term rating on loans and non-convertible debenture to C from B.
ICRA rating revision on delay in liquidity initiative, Jet Airways said in an exchange filing.
Total assets under management rose 8 percent to Rs 24 lakh crore in November compared with Rs 22.3 lakh crore in October, according to Association of Mutual Funds Across India.
Buffett’s Berkshire May Pick Up Stake In Kotak Mahindra Bank, CNBC-TV18 Reports
Shares of the Kochi-based gold loan provider rose as much as 15 percent, the most in over two years, to Rs 484 after it reported September earnings.
Key earnings highlights:
RBI's new loan benchmark rules will have near-term system wide implications; hope there is sanity in the spread to make the issue addressable, Shyam Srinivasan, MD & CEO of Federal Bank told BloombergQuint in an interview.
Key highlights of the conversation:
Buyers and sellers were not immediately known
Source: Bloomberg
Shares of the parent of luxury carmaker Jaguar Land Rover declined for third day in a row and fell as much as 1.2 percent to Rs 160.75.
Jaguar Land Rover sales declined 8 percent (YoY) to 48,160 units in November.
Capital markets have been volatile in the current year and will remain so in near future, says SEBI Chairman Ajay Tyagi.
Nifty's 10,700 call option contract was among the most active option contracts on the National Stock Exchange.
Premium on the contract rose 10 percent to Rs 160.30. Over 83,700 shares were added to open interest which stood at over 21.72 lakh shares.
Shares of the Power Finance Corporation fell as much as 4.72 percent to Rs 85.80 while REC rose as much as 1.25 percent to Rs 105.15.
Cabinet approved the sale of government’s entire 52.63 percent in power sector financier REC Ltd. to state-run peer Power Finance Corporation Ltd. as it looks to mop up funds through such a deal for the second straight year to meet its divestment target.
IBM Sells Software Assets for $1.8 Billion to India's HCL
Rupee opened higher at 70.55 per dollar against yesterday's close of 70.90.
The home unit rose as much as 0.54 percent or 38 paise to 70.52 against the greenback.
CLSA on Sun TV
CLSA on GAIL India
BofAML on Maruti Suzuki
Citi on Indian Steel
Insider Trading
(As reported on Dec. 6)
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
