📰 Latest Economy & Stock Market News
SP Group in talks to raise up to $375 million via Dubai property sale
Updated at : 2021-11-24 07:20:01

​​Shapoorji Pallonji International (SPINT) is the global arm of Shapoorji Pallonji Engineering & Construction (SP E&C) for its construction operations outside of India. SPINT has successfully built hundreds of diversified landmark structures worldwide in various segments, including residential, commercial, industrial, healthcare, hospitality, educational and stadiums.

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CCI approves FedEx India's minority stake-buy in Delhivery
Updated at : 2021-11-24 01:20:01

Under the proposed combination, FedEx India will acquire a minority stake in Delhivery on fully diluted basis along with certain minority investor rights, according to a combination notice filed with the regulator.

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Sebi levies Rs 25 lakh fine on individual for insider trading in L&T Finance Holdings scrip
Updated at : 2021-11-24 01:20:01

The unpublished price-sensitive information (UPSI) pertained to financial results for the period ended June 30, 2018.

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Trade Setup: Holding 17,500-level key for Nifty50 to see further technical pullback
Updated at : 2021-11-23 23:20:01

Wednesday is likely to see the levels of 17600 and 17635 acting as resistance points. The supports come in at 17420 and 17350 levels.

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NSE-BSE bulk deals: Vedanta promoters buy 3.7% stake in company
Updated at : 2021-11-23 23:20:01

Life Insurance Corporation of India sold 39,000 shares of Sir Shadi Lal Enterprises at Rs. 156.2 apiece through a bulk deal on the BSE.

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ZEE-Sony merger in final stages of stitching up: Punit Goenka
Updated at : 2021-11-23 21:20:01

"ZEE and Sony will form the largest media entertainment player in the country. Our revenues on a standalone basis combined will be close to $2 billion, and the capital that Sony is going to infuse in the merged entity ($1.575 billion) will give us the opportunity to invest in premium content, including sports. We will be able to generate great value for our stakeholders," he said.

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Government lists cryptocurrency bill for passage in winter session
Updated at : 2021-11-23 21:20:01

The much-awaited bill purports to create a facilitative framework for the creation of the official digital currency to be issued by the Reserve Bank of India.

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S&P 500, Nasdaq open lower as rising yields dent tech shares
Updated at : 2021-11-23 21:20:01

The Dow Jones Industrial Average rose 0.67 points at the open to 35,619.92.

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Star Union Daiichi Life raises Rs 125 cr via maiden local bonds
Updated at : 2021-11-23 20:20:01

The bonds, marked as subordinated debt in market parlance, offered 7.75 percent with a 10-year maturity.

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Unless pace of debt switches increases, govt redemptions, gross borrow seen elevated
Updated at : 2021-11-23 20:20:01

As the size of the government’s debt has grown, so have its repayment obligations. Ensuring adroit handling of these payments is growing into quite a headache for the central bank.

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