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RESIDUAL SELLOFF
Rupee strengthens to 90.18 per dollar, weekly rally gathers steam before RBI MPC outcomeOn Friday, the Indian rupee continued its ascent, marking a notable weekly gain ahead of the Reserve Bank of India's much-anticipated polic...- HDFC Bank Q3 results in line; FII selling behind stock correction, says Gaurang ShahHDFC Bank’s Q3 results met expectations, with stable operations and limited downside despite recent stock correction. Gaurang Shah, Senior ...
- By March 15, most market negativity will be priced in; prefer largecaps but select midcaps have a lot of value:Sanjiv BhasinMarket experienced uncertainty and nervousness, caution advised for midcaps due to Ides of March. China's outlook on commodities and energy...
- Adani Green's $409-million bond sale gets over 7 times bidsThe bonds from Adani Green with a tenor of 18 years were priced 6.7%, better than the indicated price as it received bids for more than $3 ...
- Rouble pares losses after slumping to 15-month lowMercenaries led by Yevgeny Prigozhin withdrew from the southern Russian city of Rostov-on-Don overnight on Saturday under a deal that halte...
- Adani loan exposure fears hit big bank shares"The market seems to be looking at some adverse scenarios of banks' exposure to the Adani Group especially when their share prices are fall...
- Maharaja fails to create enough excitementIndustry experts say the biggest hurdle is the lack of clarity over the airline’s huge debt burden.
- SBI to tie-up with MMTC to sell Indian gold coinsSBI said it is in the process of entering into agreement with MMTC, the state-run bullion trader.
- Rashtriya Chemical, MMTC and Nalco stake sale likely by March 31At current market prices, the government will be able to raise about Rs 21,000 crore from 10 per cent stake sale in Coal India.
- Cabinet set to OK stake sale in Hindustan Copper, NALCO, Neyveli Lignite, Oil India and MMTCThe Cabinet is expected to give nod to stake sale in 5 PSUs, as the govt scrambles to meet disinvestment target of Rs 30K cr set in the Uni...
- Panel on disinvestment to decide e-auction for PSUs this weekA core group of secretaries on disinvestment will meet this week to take a call on using the e-auction route for strategic sale in state-ru...
- ACC sells 8.2% to exit Everest IndustriesACC has sold off its residual 8.2% equity stake in building materials manufacturer, Everest Industries, in the secondary market.
- Private MFs to enter ring for 10.27% govt stake in MarutiThe government has decided to throw open the bidding process for the sale of its residual stake of 10.27% stake in Maruti Udyog (MUL) to lo...
- Govt to sell off 5% in Bhel, MarutiThe government will offload 5% each in Maruti Udyog and Bhel by the end of this financial year to mop up over Rs 2,000 crore as disinvestme...
- Centre kicks off sale of residual stake in CMCThe government today kicked off the sale of its residual stake in Tata group-controlled, CMC with the appointment of Enam Financial and HSB...
- SC ruling slams the brakes on divestmentIt's not just the disinvestment in Hindustan Petroleum and Bharat Petroleum that has been aborted after the Supreme Court ruling against th...
- Govt to sell residual stakes in 5 more PSUsMissed the Maruti IPO bus? The government will give you a chance to hop on to the PSU gravy train in the form of a spate of public offering...
- IMG on SCI disinvestment on Apr 29The Inter-Ministrial Group of disinvestment of Shipping Corporation of India is likely to meet on April 29 to finalise the sell-off details.
- Govt raises disinvestment target to Rs 13,200 cr for FY-'04Brushing aside a major shortfall in the disinvestment target of Rs 12,000 crore during the current financial year, the government has pegge...
- Govt puts rider on inter-corp PSU fundingStill smarting under the VSNL-Tata Teleservices controversy over Rs 1,200 crore inter-corporate investment, the divestment ministry has dec...
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