Head office to remain shut too; firm says financial impact of decision not ascertainable right now
According to reports, the government is likely to agree a stimulus package of more than Rs 1.5 trillion to fight a downturn caused by the coronavirus lockdown
It may be noted that Ashok Leyland decided to acquire 9% stake in HLFL as against its original plan to acquire 19%
The government has already deferred deadlines for filing tax returns, extended a tax amnesty program and promised more measures to support the economy amid the coronavirus pandemic
The Reserve Bank of India has announced that it will conduct open market operations for Rs 30,000 crore in two tranches. However, any real relief for investors will come only after negative news stops
The Reserve Bank of India has announced that it will conduct open market operations for Rs 30,000 crore in two tranches. However, any real relief for investors will come only after negative news stops
More recently in 2008, a series of coordinated attacks in Mumbai shook the city between November 26 till November 28. The stock exchanges, as a result was closed for trading on November 27
HDFC Bank slipped over 1 per cent to Rs 882 after global brokerage house Bernstein downgraded the stock to 'unerperform' and sharply slashed the target price to Rs 750 from Rs 1,400 earlier
Adani Ports arm has raised Rs 125 crore today by allotment of 1,250 rated, listed, secured, redeemable, non-convertible debentures (NCDs) of the face value of Rs 10,00,000 each
Shares of Ashoka Buildcon were trading at Rs 54.65 apiece on the BSE, up 3.21% over the previous close.
The brokerage lowered the bank's rating to 'underperform' from 'market-perform' earlier, and lowered target price to Rs 750, from Rs 1,400
The Rupee's trajectory will also remain a big focus in today's session after plunging 84 paise to a new record low of 75.10 against the dollar on Thursday
The Reserve Bank of India has decided to conduct open market operations on March 20 in the form of purchase of an aggregate amount of Rs 10,000 crore of government securities.
Morgan Stanley expects global growth to fall to 0.9 per cent in such a scenario, while Goldman Sachs predicts weakening of growth to 1.25 per cent
In two days, investors have lost Rs 9,74,176.71 crore wealth. At close of trade on Tuesday, the market capitalisation of BSE-listed companies was at Rs 1,19,52,066.11 crore.
Crisis-hit Yes Bank will get excluded from all indices of the leading stock exchange BSE with effect from March 20, the entity handling these indices said on Monday. In a circular sent to all its members, the BSE said the BSE S&P Index Committee has decided to remove Yes Bank from all the S&P BSE indices with effect from this Friday, March 20. The decision has been taken in light of the recent developments relating to Yes Bank Limited, in particular the Gazette notification dated March 13, 2020, on 'Yes Bank Limited Reconstruction Scheme, 2020' and the potential impact on the ability of market participants to fully replicate S&P BSE Indices, it added. "Effective at the open of Friday, March 20, 2020, Yes Bank Limited will be removed from all S&P BSE indices," it said. These indices include S&P BSE AllCap, S&P BSE LargeCap, S&P BSE LargeMidCap, S&P BSE Finance, S&P BSE BANKEX, S&P BSE CARBONEX and S&P BSE Private Banks Index (INR). These ...
The Reserve Bank of India's decision to leave interest rates unchanged for now will also impact sentiment
According to a Business Standard report, the Securities and Exchange Board of India is working on a plan to arrest the deep market sell-off and reduce volatility
Trading was halted for 45 minutes in early session after the index hit its lower circuit limit.
The government on Friday extended the deadline for submitting bids for buying 100 per cent stake in Air India till April 30. The deadline was originally set at March 17