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INDONESIAN STOCK EXCHANGE
Indonesia puts vehicle imports from Tata Motors and Mahindra & Mahindra on holdIndonesia has put on hold an order for 105,000 vehicles from Tata Motors and Mahindra & Mahindra following pushback from policymakers, Bloo...
Copper nudges upward on weaker dollar, despite slowing demand ahead of China holidayCopper prices climbed on Wednesday on a weaker dollar, though demand slowed ahead of China's nine-day Lunar New Year break that begins over...
Indonesia financial regulator says it will impose 15% stock free float requirementIndonesia's financial watchdog is boosting the free float requirement for listed companies to 15% to address MSCI's transparency concerns, ...
Reliance Power shares jump 3% on sale of Indonesian step-down subsidiariesReliance Power shares surged 2.7% after the company announced the sale of its Indonesian step-down subsidiaries for USD 12 million. The str...
Singapore's Grab not in talks with GoTo over a buyoutGrab denied reports of acquisition talks with Indonesian competitor GoTo, quashing market speculation about a potential merger. The stateme...
Indonesia stock market falls 9%, rupiah drops to record lowIndonesian markets faced turbulence after reopening. The stock market experienced a significant drop, triggering a trading halt. The rupiah...
Indonesia stocks plunge more than 9% at open, trading suspendedIndonesian stocks tanked more than nine percent at the open Tuesday following a long public holiday break, triggering a trading suspension ...
AMFI and AMII sign MoU in investment management industry to promote and foster bilateral relationsIn a significant move to foster bilateral collaboration, the Association of Mutual Funds in India (AMFI) and the Asosiasi Manajer Investasi...
Bharat Petroleum to invest $121 mn to develop Indonesian oil and gas blockBPCL plans to invest $121 million in Indonesia's Nunukan oil and gas block, with a 16.23% stake held by its exploration unit Bharat PetroRe...
Jindal Stainless announces expansion plans worth Rs 5,400 cr, including a Indonesian JV and an acquisitionJindal Stainless unveiled a Rs 5,400 crore investment plan focusing on expanding its melting and downstream capacities. This includes a joi...
Indonesia’s president-elect Prabowo Subianto keen on BrahMos purchase; emulating India's mid-day meal scheme for schoolsPrabowo Subianto, the Indonesian Defence Minister, will become the next president. He aims to purchase BrahMos missiles and emulate India's...
Asian stocks see heavy outflows in September as virus woes weighCross-border investors sold a combined net total of $6.5 billion worth of equities in Indian, Indonesian, Philippine, South Korean, Taiwane...
Palm oil rises on lower Indonesian inventories; set to post weekly lossPalm oil has ended lower for the past three sessions, and has lost 5% so far this week.
Crompton Greaves advances on Rs 720 crore order winFollowing the announcement, the stock rose 1.38 per cent to hit a high of Rs 65.80 on BSE. At the prevailing price, the stock trades at 0.8...
- Tata Power buys 26% in Indonesian coal mine Baramulti Sukses Sarana
Tata Power Company has acquired 26% stake in Indonesian coal mine BSSR, to ensure fuel security for its upcoming power plants.
- Merill Lynch cuts TVS Motor price target by 15%
Foreign brokerage Bank of America Merrill Lynch has cut its price target on TVS Motor by 15% to Rs 45, citing stronger than anticipated hea...
- Coal India gains on overseas mine acquisition buzz
Coal India shares today spurted by nearly 7 per cent on reports that the the firm is in advanced stages of talks to acquire stake in an Ind...
- Coal India net profit grows by 29 per cent at Rs 4,020 cr
Net sales was at Rs 22,525.53 crore, a rise of 16.9 per cent for the first half of the current fiscal as against Rs 19,269.52 cr in the sam...
- HSBC to buy Bank Ekonomi for $607.5 mn
Global banking giant HSBC said here on Monday that it had agreed to purchase 88.89 per cent of Bank Ekonomi based in Indonesia for $607.5 m...
- BoI acquires 76 pc stake in Indonesian bank
Bank of India has acquired 76 pc stake in Indonesia-based PT Bank Swadesi for an undisclosed amount.