CCI approves Reliance's divestment of Jio tower assets
The proposed transaction involves the acquisition of indirect control of RJIPL by Jarvis, the Competition Commission of India (CCI) noted in a combination notice filed with it. Tower Infrastructure Trust, an InvIT, currently holds 51 per cent of the outstanding equity share capital of RJIPL. Current Sponsor of the InvIT is RIIHL.
ED arrests Robert Vadra's close aide in foreign assets case
The Enforcement Directorate (ED) has arrested NRI businessman C.C. Thampi in rela...
Paytm expects 25 million merchant bases by next year: Official
Paytm said that it will be on-boarding 1.5 million merchants from Andhra Prade...
Base metals: Nickel, copper futures gain on spot demand; lead drifts lower
Rising demand in spot market from alloy-makers supported price rise in nickel futures.
Commodity outlook: Natural gas plunges 5%; here's how others may fare during the day
Here is how SMC Global expects commodities to fare today.
Kotak Mahindra Q3 results preview: Profit may rise 25-30%; asset quality to remain stable
Analysts said investors must watch out for management commentary on auto and MSME segments.
Urea may come under NBS before direct cash transfer
Fixing NBS rate for urea will encourage balanced use of urea and bring in efficiency in the fertiliser industry by infusing competition. The DCT is aimed at replacing the existing direct benefit transfer (DBT) system where farmers buy urea at subsidised price, which is almost one-third of the total cost.
Best ELSS mutual funds to achieve long-term goals
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Here are the trading rules based on PVI and NVI
The probability of a bear market when PVI is placed below its long-term moving average is 67%.
ED attaches Rs 204 crore worth assets of ex-BPSL CMD Singal
Assets worth over Rs 204 crore, including houses in Delhi and London, of former Bhushan Power and Steel Ltd (BPSL) CMD Sanjay Singal have been attached under the anti-money laundering law, the ED said on Saturday.
HDFC Bank PAT grows on other income, asset quality weakens: Key Q3 takeaways
Net non-performing assets (NNPAs) were at 0.48 per cent of net advances for the Dec quarter.
Base Metals: Nickel, copper edge up in futures amid high demand
Nickel prices on Friday edged up by Rs 5.30 to Rs 1,020.50 per kg in futures trade.
Growth in mutual funds' equity assets far outpaces the rise in benchmarks
AUM of domestic mutual funds grew annually by 19% to Rs 26.9 lakh crore between 2013 and 2019. Mutual fund AUM constituted 10% of total bank deposits in 2013, increasing to around 18% now.
Mirae Asset launches Mirae Asset Nifty Next 50 ETF
The fund is an open ended scheme replicating/tracking Nifty Next 50 Total Return Index. This will be the second ETF offering from the Mirae Asset Mutual Fund.
Jio widens its subscriber base, Vodafone Idea falls further: Trai
Among the three access service providers, Reliance Jio added the highest number of 5.6 million wireless subscribers, while Bharti Airtel saw a nominal net addition of 1.6 million, according to subscriber data for November 2019 released by the Telecom Regulatory Authority of India (TRAI) on Thursday.
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