NCLT reserves order on Arcelor’s Essar bid
Essar directors, led by Prashant Ruia, recently sought to set aside the ArcelorMittal bid citing a January 31 Supreme Court judgement in the Ruchi Soya case.
Market will price in another rate cut in April: MS Gopikrishnan, Standard Chartered
In quarter beginning April, there could be a lot of pressure on the rupee, says Gopikrishnan
Standard Chartered likely to open global branch in GIFT city
Indian companies having offshore presence can avail dollar loans from the business branch while the UK-based multinational bank would also invest in domestic securities as a foreign portfolio investor operating from there, said two people familiar with the matter.
Rupee getting stronger on rising foreign fund inflows
The rupee rose 0.13 per cent against the dollar since the beginning of this month.
ONGC, Airtel, ZEE in CLSA’s ‘Pigs that might fly’ list
CLSA also listed 10 piglet stocks — basically smallcap companies — in the note.
NCLAT directs NCLT Ahmedabad bench to decide on ArcelorMittal's resolution plan for Essar Steel by Feb 11
A two-member bench headed by Justice S J Mukhopadhaya has directed to list the matter on February 12.
The last Winsome link vanishes, all trails in the Rs 6,800-cr scam go cold
Mustafa Batliwala, key aide of group founder Jatin Mehta, is feared to have left the country.
Without OMOs, it’s difficult for bond yields to sustain current levels: MS Gopikrishnan
In the current MPC, there seem to be an additional emphasis on growth., says
Standard Chartered cuts India headcount as digital alternatives gain steam
The bank's overall strength in India has now reduced to 7,300 people, the sources said.
Bankers see more rate cuts in the offing
In December, the retail price index had cooled off to an 18--month low of 2.2 percent.
People with income up to Rs 9.5 lakhs can escape tax liability: Piyush Goyal
Goyal said individuals earning up to Rs 9.5 lakh can escape liability by taking advantage of saving schemes.
Standard Chartered Bank challenges Essar Steel's resolution plan
The bank in its application alleged that the resolution plan did not comply with the Insolvency Code.
Consumption to remain main growth driver over FY19 and FY20: Anubhuti Sahay, Standard Chartered Bank
Rural demand is likely to remain supportive but not as strong as was expected initially, says Sahay
Market sees RBI setting course towards rate cut
Eight survey participants expect the RBI to decrease the repo rate by at least 25 basis points.
Baring PE may buy stakes of founder promoters Rajendra Pawar and Vijay Thadani in NIIT Tech
Baring, which already owns a controlling 63.22 per cent stake in Hexaware Technologies, is bidding on a standalone basis