Alibaba wins exchange's approval for Hong Kong listing
The base offering could raise $11.7 billion based on Alibaba’s last close in New York, though it wasn't clear if the company would market the deal at a discount to its US stock price.
Giant Aramco listing a critical test for young Saudi exchange
Facebook's 2012 listing on Nasdaq was hit by widespread delays.
Commodity companies seek tax rebate to cut costs
A tax of 0.01% is levied on exchange-traded commodity derivatives apart from other taxes.
Recruiter exchange CBREX raises $1.1 million
CBREX caters to both companies and temporary staffing firms, although the former makes up the bulk of clientele.
Nearly 75,000 BSNL employees have opted for VRS so far: Chairman
The 'BSNL Voluntary Retirement Scheme - 2019' that was rolled out last week, will remain open till December 3. BSNL is looking at savings of about Rs 7,000 crore in wage bill, if 70,000-80,000 personnel opt for the scheme.
Agri Commodities: Soyabean, mustard ease in futures tarde amid weak demand
Refined soya oil prices on Thursday fell 0.33 per cent to Rs 798.85 per 10 kg in futures trade .
Base metals: Aluminium, lead, nickel gain on pickup in demand
Aluminium prices on Thursday edged up 10 paise to Rs 133.10 per kg in futures market a
Infosys firm on stand, refutes charges of lapses
Lawyers dealing with the company’s legal strategy said Infosys followed all the required procedures as per its internal whistleblower policy. They are also taking a view that if whistleblower complaints are disclosed without verifying the veracity of the charges, they would hurt the company and also the interests of minority investors.
Nikkei slips as Trump speech, Hong Kong unrest dent mood
Chaos in Hong Kong also undermined sentiment as the city prepared for more clashes.
ITC acquires minority stake in FMCG vending machine start-up
The Kolkata-based conglomerate said this will strengthen presence of ITC's FMCG products in the emerging distribution channel of vending machines. ITC has said it will complete the acquisition within 12 months in an all-cash deal. The size of the deal is Rs 7.5 crore which will be paid in four tranches over a period of 12 months.
Lupin sells Japanese arm Kyowa for $300 million
Lupin MD Nilesh Gupta said the company made 4½ x the initial investment it made in Japan.
No new proposals will be exchanged with BJP, except "50:50" : Sanjay Raut
Shiv-Sena is not ready to settle for any anything less than equal share of power as Sanjay Raut on Wednesday outrightly denied the possibility of reaching any new settlement with BJP
Don't misuse your oligopolistic position: Tyagi to exchanges
Retail investors also need to be given extra focus and be made a part of the capital market story, Tyagi said.
Palm edges lower but costlier rival oils contain slide
Palm's losses was however limited by a rise in rival oil prices.
Be prepared for lower returns from your debt mutual funds
A host of measures taken by the Securities and Exchange Board of India (Sebi) to enhance the safety of debt mutual funds are likely to drag down the returns from these schemes, say mutual fund advisors.
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