L 1 VISA
Stocks in the news: YES Bank, Bajaj Finance, ITI, TCS, DHFL and Tata Power
The RBI-appointed administrators of DHFL have invited bids from interested parties, which are keen to own the company’s assets.
Share market update: Telecom shares mixed; MTNL up 1%
The S&P BSE Telecom index was trading 2.1 per cent down at 1185.99.
US IT Body, Cos sue USCIS for $350-m visa fee refund
ITServe Alliance and 3 US staffing firms claim the US agency charged excess fee for H-1B...
Share market update: Consumer Durables shares trade higher; VIP Industries up 2%
The S&P BSE Consumer Durables index was trading 0.31 per cent up at 26249.3 .
Jefferies maintains buy on Supreme Industries, raises target price to Rs 1,530
The brokerage has raised FY20 EPS estimate by around 3%.
L&T raises Rs 1,000 cr via NCDs
The debentures are proposed to be listed on the NSE.
Three expressways/green corridors to be completed in 3 yrs; 22 to be built at Rs 3 L cr: Nitin Gadkari
"We will complete the flagship Delhi Mumbai Express Highway in the next three years. The work will be done in 51 packages and work has already been started on 18. This will be India's longest expressway at 1,320 km and will reduce travel time between Delhi and Mumbai from 24 hours to 13 hours," the road transport and highways minister said.
Once realty starts improving, HDFC to press growth accelerator: Keki Mistry
Keki Mistry, VC & CEO, HDFC, says since HDFC has more profits, the housing finance major has been extremely conservative about provisioning and for the quarter and has allocated Rs 2,995 crore for provisioning. It is much higher than what HDFC would need to provide if NHB guidelines with regard to periods of defaults were to be followed.
ITI Small Cap Fund
The new fund offer of ITI Small Cap Fund is open from January 27 and it will close for subscription on February 10.
L&T to raise Rs 1,000 crore through NCDs
Shares of the company closed at Rs 1,302.60 per unit, up 0.53 per cent over the previous close.
Buzzing stocks: Vodafone Idea, YES Bank, Axis Bank, L&T
Axis Bank (Rs 422.43 crore) was leading the pack of most active stocks in value terms.
Street gives thumbs up to L&T for standing by its FY20 guidance
Most brokerages maintained their ‘buy’ rating on the conglomerate citing cheaper valuations.
HSBC Securities maintains ‘Buy’ on L&T Finance Holdings, target price Rs 150
The brokerage said in the third quarter, L&T Finance delivered stable results despite an uncertain environment.
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L&T may report double-digit rise in profit, cut guidance
Outlook and commentary on key orders in Maharashtra and margins in infrastructure segment will be the key monitorables.
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