uk

 

May sees off pro-EU rebellion, wins vote for 'smooth' Brexit

Jun 21 2018 | 6 hrs ago

As the government won the vote 319 to 303, the Prime Minister dubbed it as a crucial step in delivering a smooth Brexit

Niti Aayog is India's action tank: Rajiv Kumar

Jun 20 2018

NITI Aayog vice-chairman Rajiv Kumar today hailed the planning body as an "action tank" whose action-oriented approach is getting things done in India.

Abu Dhabi Investment buys stake in UK insurer PIC

Jun 19 2018

ADIA said its private equity department would acquire a stake of up to 21.4 percent in Pension Insurance Corporation Group from funds advised by private equity firm J.C. Flowers & Co.

Engie sees British customer base and profitability growth: UK CEO

Jun 19 2018

French power producer Engie which entered the British retail market last year, will have a 100,000-strong customer base in the country by the end of 2018, a year that will also be more profitable.

Setting up new showdown, May rejects Brexit proposal

Jun 19 2018

PM May will not accept a proposal to hand parliament more control over Brexit, setting up a showdown with MPs who want to prevent Britain from crashing out of the European Union without a deal.

Britain stops short of criticising US immigration policy

Jun 19 2018

Britain responded to an outcry over the U.S. separation of immigrant parents and children by saying it was happy with its own rules not to separate families and that child welfare was a top priority.

May return this year with more 50-yr bond issuance:UK debt office

Jun 19 2018

Britain’s debt office chief said the country could issue more ultra long-dated govt bonds this year if demand from investors is strong.

Stheeman says may return this year with more 50-year bond issue

Jun 19 2018

Britain’s debt office chief said the country could issue more ultra long-dated government bonds this year if demand from investors is strong.

Debenhams warns on profit again, blames weak market

Jun 19 2018

Debenhams warned on profit for the third time in six months, blaming poor trading on increased competitor discounting and weakness in key markets.

UK households see fastest income growth in at least 9 years

Jun 18 2018

British households enjoyed the fastest growth in employment income in at least nine years in June, according to a survey that may give the BoE concern that underlying inflation pressures are rising.

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Global Markets

 

Stocks In News

 

ICICI BANK

I-T department probing acquisition of Chanda Kochhars Mumbai Residence

I-T department looking into acquisition of the residence by Deepak Kochhar

Acquisition of residence said to be linked to firms of Videocon group

Indian Express Reports

BANK OF MAHARASHTRA

3 officials including MD & CEO RP Marathe, ED RK Gupta arrested in Pune

Arrests are in connection to fraudulent loans sanctioned to Kulkarni Developers

Outstanding exposure to DS Kulkarni Developers at Rs 94.52 Cr

IPO UPDATE

RITES IPO subscribed 0.6x on day 1

Fine organic industries IPO subscribed 0.12x on day 1

IDBI BANK

SBI's B Sriram takes additional charge as MD & CEO of IDBI Bank

B Sriram is the longest serving PSB MD

B Sriram Has Experience In Managing Stressed Assets

INDIAN HOTELS

Wins bid for Connaught Place in Delhi

Taj Group wins 33-year lease for Connaught Hotel in E-auction

Offered to share 31.8% of annual revenue earned with civic body

INDIGO CLARIFIES

Have not received any notice from ED on FEMA violations

WELSPUN CORP

U.S. to levy tariff on Indian welded pipes

U.S. imposes anti-subsidy duties of upto 500% on welded pipes from India

China, South Korea, & Turkey to also face duties from U.S.

U.S. imported large-diameter welded pipes worth $294.7 Mn from India in 2017

U.S. International Trade Commission scheduled to make a final decision By Dec 20

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