Sunday, Nov-19-2017, 2.21PM

Five Reasons Why Moody's Ended India's 13-Year Wait for Rating Upgrade

Nov-18-2017 | 0 Comments

Five Reasons Why Moody's Ended India's 13-Year Wait for Rating Upgrade New Delhi: In a move that has already boosted the stock market, the US-based international rating agency, Moody's has upgraded India's local and foreign currency issuer ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive. The upgrade comes after 13 years when Ind... Read Full Story »

State-owned Oil Firms Betting on Natural Gas as Next Big Thing

Nov-18-2017 | 0 Comments

State-owned Oil Firms Betting on Natural Gas as Next Big Thing Mumbai/New Delhi: State-owned oil refiners are planning an aggressive push into natural gas in coming years to meet Prime Minister Narendra Modi's goal of making the fuel a bigger part of the country's energy mix. Indian Oil, Bharat Petroleum and Hindustan Petroleum are planning to raise gas contri... Read Full Story »

Ericsson, Bharti Airtel Ink Pact for 5G Technology

Nov-18-2017 | 0 Comments

Ericsson, Bharti Airtel Ink Pact for 5G Technology New Delhi: Swedish telecom gear maker Ericsson on Friday said it has partnered with Bharti Airtel for 5G technology for the telecom giant's India operations. "We have MoUs (agreements) with 36 operators globally. In India, we have recently tied up with Bharti Airtel for 5G technology," Ericsso... Read Full Story »

Moody's Rate Hike: Are Stock Markets on The Cusp of a Boom or a Bust?

Nov-18-2017 | 0 Comments

Moody's Rate Hike: Are Stock Markets on The Cusp of a Boom or a Bust? New Delhi: Moments after Moody's placed India a notch higher on their rating list, the stock markets rallied to a frenzy, going up by more than 400 points with the Indian rupee also appreciating by 69 paise. However, the million dollar question is where are the markets headed now? While a majority of e... Read Full Story »

SEBI Keen to Resolve NSE's Co-location Issue Soon

Nov-18-2017 | 0 Comments

SEBI Keen to Resolve NSE's Co-location Issue Soon Mumbai: Following NSE's submission of the latest forensic reports on the co-location issue, SEBI chairman Ajay Tyagi on Friday said the regulator is looking for a quick resolution of the matter. "We will see how we proceed, but we want to resolve it (the case) as soon as possible," Tyagi told ... Read Full Story »

Yes Bank, IndusInd to join BSE Sensex index; Lupin, Cipla dropped

Nov-18-2017 | 0 Comments

Yes Bank, IndusInd to join BSE Sensex index; Lupin, Cipla dropped New Delhi: Private sector lenders Yes Bank Ltd and IndusInd Bank Ltd will join the BSE stock exchange's 30-member Sensex index, effective Dec. 18, the index provider said on Friday. Drugmakers Lupin Ltd and Cipla Ltd will make way for the two banks, according to a statement from Asia Index Pvt Ltd. Ye... Read Full Story »

RBI Cancels Open Market Bond Sale in Surprise Move

Nov-18-2017 | 0 Comments

RBI Cancels Open Market Bond Sale in Surprise Move Bengaluru: The Reserve Bank of India (RBI), in a rare move, cancelled a bond sale via open market operation (OMO) worth 100 billion rupees ($1.54 billion) that was scheduled for November 23, citing "evolving liquidity conditions". The OMO sale of government securities was withdrawn due to "rec... Read Full Story »

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