📰 Latest Economy & Stock Market News
Investors grappling with Evergrande fallout weigh risk of wider pain
Updated at : 2021-09-21 10:20:01

For now, many US-based investors believe there is little chance that the woes of Evergande, China’s second-largest property developer, could morph into a systemic crisis reminiscent of the 2008 collapse of Lehman Brothers.

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Cryptocurrencies post 5th straight week of inflows
Updated at : 2021-09-21 10:20:01

Crypto inflows amounted to $41.6 million for the week ended Sept. 17, with bitcoin getting the bulk of inflows at $15.3 million, and ether products garnering $6.6 million. The data showed that inflows were seen across the board.

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Buy Indraprastha Gas, target price Rs 720: HDFC Securities
Updated at : 2021-09-21 10:20:01

Indraprastha Gas Ltd. key Products/Revenue Segments include Gas Natural and Other Operating Revenue for the year ending 31-Mar-2020.

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Buy Ashok Leyland, target price Rs 146: ICICI Direct
Updated at : 2021-09-21 10:20:01

Ashok Leyland Ltd., incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 36473.93 Crore) operating in Auto sector.

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CIL signs pact worth Rs 1,880 crore for commercial extraction of coal bed methane
Updated at : 2021-09-21 09:20:02

While BCCL would be putting up close to Rs 370 crore towards the cost of the land, the rest will be met by the CBM developer, selected through a global bidding process. CIL has assigned CMPDI, its Ranchi-based consultancy arm, as the principal implementing agency to oversee the project, the statement said.

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Airtel commits to big cut in emissions by 2030-31
Updated at : 2021-09-21 09:20:02

Bharti Airtel said the targets will be achieved through green energy adoption across its network operations, energy-efficient infrastructure and processes.

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Buy HCL Technologies, target price Rs 1340: ICICI Direct
Updated at : 2021-09-21 09:20:02

HCL Technologies Ltd. key Products/Revenue Segments include Software Development Charges and Computer Hardware & Software for the year ending 31-Mar-2021.

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With the focus on a taper, five questions for the Fed
Updated at : 2021-09-21 09:20:02

Although investor expectations are high that tapering will start in 2021, there is still much uncertainty around when the Fed will announce and subsequently reduce bond purchases. The same applies to when it will then hike interest rates for the first time since 2019, before the pandemic led it to slash rates to zero.

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L&T Hydrocarbon bags Petronet LNG order
Updated at : 2021-09-21 08:20:02

Larsen & Toubro’s hydrocarbon engineering division has won a “significant order” from Petronet LNG as a part of its Dahej expansion project in Gujarat, the former said in a statement on Monday.

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Named in Magma case, KPMG ousts partner
Updated at : 2021-09-21 08:20:02

Days after managing director Abhay Bhutada quit following the Sebi action on insider trading in erstwhile Magma Fincorp shares, advisory and consulting major KPMG India on Monday terminated the services of one of its partners, Saumil Shah.

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