Scan to Download
India Bonds Set for Best Day Since October on Emergency Move Bet
India's Department of Telecom has filed a plea in the Supreme Court, seeking permission for telecom companies to pay the entire amount of AGR dues over a period of 20 years, people with knowledge of the matter told Bloomberg.
The plea says that an adverse impact on telecom companies will have a cascading impact on the economy.
Shares of Bharti Airtel Ltd. are trading with cuts of 4.3 percent at Rs 470.40 per share. Vodafone Idea Ltd. on the other hand are trading with gains of 3.57 percent at Rs 5.80 per share.
Nifty Bank: March 19 Expiry
RBI Governor to hold a press conference at 4 p.m. today.
— BloombergQuint (@BloombergQuint) March 16, 2020
Tune in: https://t.co/Qme35XZNYg pic.twitter.com/jVOCI6fOXN
Shares of multiplex operators on Monday fell sharply after various states announced the closure of cinema halls till March 31 in view of the Covid-19 outbreak.
PVR tumbled 18.85 percent to its 52-week low of Rs 1,045.85, and INOX Leisure plunged 14.77 percent to hit its day's low of Rs 270 on the BSE.
In view of the coronavirus threat, several states have announced to close cinema halls till March 31.
The move will hit the business of multiplex operators which dent their profitability in days to come, traders said.
The number of infected cases in the country stood at 110 on Monday, as per the health ministry.
(Inputs From PTI)
The stock currently trades 4.46 percent higher at Rs 5.85 on the National Stock Exchange.
10.4 lakh shares of the state-run upstream explorer changed hands in a single large trade on the National Stock Exchange, as per Bloomberg data.
Buyers and sellers of the trade were not immediately known. The stock currently trades 2.2 percent lower at Rs 64.40 as of 11:10 AM.
Nifty Bank: March 19 Expiry
SBI Cards Shares Fall 12.5% Over IPO Price On Stock Market Debut
The company on Friday had announced the temporary closure of its Bangalore park till March 20, in compliance with the guidelines issued by the Government of Karnataka.
It has already temporarily closed down its park in Kochi till March 20, according to a statement to the exchanges on March 11.
The stock fell as much as 12.25 percent on the National Stock Exchange, the lowest level seen in six years. The stock currently trades 8.5 percent lower at Rs 170, which is a 52-week low.
Aramco Slashes Spending as Coronavirus Erases Oil Demand Growth
Q3 Results: Yes Bank Reports Rs 18,564 Crore Loss In The Third Quarter
Find out all that you need to know ahead of today’s trade HERE!
The Fed’s Barrage Faces Some Obstacles to Success
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
