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Stocks In News

 

SYNDICATE BANK

Opens QIP Issue today; Sets Floor Price at Rs 88.57/Share

PUNJ LLOYD

Bags Rs 276 Cr order from GAIL for construction of Steel Pipeline

Bags Rs 1,177 Cr road upgradation order in Mayanmar from NHAI

INTERGLOBE AVIATION

OFS of 1.11 Cr shares by acquire and IGE

Total stake sale is 2.91%

Acquire proposes to sell 2.07% stake in Co

IGE proposes to sell 0.84% stake in Co

Floor price of offer shall be Rs 1130/Share

BHARTI AIRTEL

Warburg pincus to invest $350 mn to acquire 20% stake in Airtel's DTH Arm

15% stake will be sold by Airtel

5% stake will be sold by another Bharti Entity

Airtel will own 80% in Bharti Telemedia post transaction

Bharti Telemedia has 1.4 Cr Subscribers

RBI DEADLINE

Videocon, JP Assoc, Uttam Galva Steel, BILT, Jai Balaji

Deadline for resolution of 2nd list of 26 defaulters ends today

Failing this, cases should be filed against cos under IBC at the NCLT before 31 Dec

  • SENSEX

    33,358.83 130.84   (0.39 %)
  • NIFTY

    10,284.00 43.85   (0.43 %)
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News In Brief

 

    TRAI's in-flight connectivity norms by year-end

    New Delhi: The Telecom Regulatory Authority of India (TRAI) will come out with its much-awaited recommendations for in-flight connectivity by December-end. 

    "Recommendations on in-flight connectivity to come out by year end or next 15 days," TRAI Chairman R.S. Sharma told reporters here on Wednesday on the sidelines of an event organised by Broadband India Forum.  Declining to reveal any further details, Sharma said: "In-flight connectivity will be allowed, recommendations will set the broad parameters for that."

     (IANS) 

    Sri Lanka win toss, elect to bowl against India in 2nd ODI

    Mohali: Sri Lanka skipper Thisara Perera won the toss and elected to bowl against India in the second ODI of the three-match series here today.

    For India, Tamil Nadu offspin-bowling allrounder Washington Sundar received his maiden ODI cap. He replaced Kuldeep Yadav in the playing XI. Sri Lanka, on the other hand, fielded an unchanged side.

    (PTI)

    S&P futures extend losses as Democrat tipped to win Alabama race

    Tokyo: US S&P futures extended earlier losses on Wednesday, as Democrat Doug Jones took a slight lead over Republican Roy Moore with about 86 percent of the vote counted in a bitter U.S. Senate race in Alabama. S&P emini futures were down 0.3 percent, compared to their drop 0.1 percent before the Alabama polls closed. 

    A Jones victory could mean trouble for President Donald Trump and his populist political base. It would narrow the Republicans’ already slim majority in the U.S. Senate, possibly making it harder for Trump to advance his policy agenda.

    (Reuters)

    Japan to keep record-low interest rates in FY18 budget draft: Sources

    Tokyo: Japan’s government is set to keep an assumed interest rate at a record low of 1.1 percent as it compiles the budget for the next fiscal year starting in April, which will keep its borrowing costs low, government sources told Reuters on Wednesday.

    (Reuters)

    Bonds fall after Nov inflation spurs rate-hike talk

    Mumbai: India’s benchmark 10-year bond fell to its lowest level in more than 16 months on Wednesday, while shares weakened after unexpectedly high November consumer inflation created the prospect the Reserve Bank of India (RBI) could raise interest rates sooner than expected.   

    The benchmark 10-year bond yield was up 3 basis points at 7.22 percent by 0443 GMT after rising to as high as 7.25 percent, the highest since July 2016.

    (Reuters)

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