Share market update: Power shares mixed; RInfra falls 4%
The S&P BSE Power index was trading 0.13 per cent down at 1884.28 .
Stocks in the news: YES Bank, Reliance Ind, Bharti Airtel, Gati, M&M and Allcargo Logistics
Antique Stock Broking has maintained buy rating on ICICI Bank with a target price of Rs 575.
Nitin Gadkari rues hurdles being faced in road projects across country
Gadkari also asked all MPs to remain aware about road projects in their respective constituencies and help in resolving problems coming on the way of constructing roads and bridges.
Edelweiss maintains buy on GMR Infrastructure, target price Rs 25
The GMR stock may come under pressure in the short term having lost out on the bid for Jewar Airport.
MCXCCL first Indian clearing corporation to get ESMA recognition
European participants shall be able to apply lower risk weightage towards their exposures to MCXCCL and be benefitted towards lower capital requirements.
JSW Infra lends support to Suraksha Realty in turnaround of Jaypee Infratech
JSW Infra said it has issued a letter of support to Suraksha Realty to give financial, strategic and technical assistance in the delivery of pending flats to Jaypee homebuyers within the timeframe. Suraksha Realty and state-run NBCC on Tuesday submitted their final bids to acquire bankrupt realtor Jaypee Infratech through the insolvency process.
Share market update: Telecom shares mixed; Vodafone Idea slips 3%
The S&P BSE Telecom index was trading 1.25 per cent down at 1121.27 .
Panasonic India revenue dips 10% in FY19; company to enter IT infrastructure management
As per Panasonic India’s latest regulatory filings with the Registrar of Companies (RoC) accessed through business intelligence platform Veratech Intelligence, revenue from operation dropped 10.6% year on year in 2018-19 at Rs 4,758.62 crore, while its net loss more than tripled at Rs 459.58 crore against Rs 131.88 crore in FY18.
Government plans to invest $1.39 trillion in infrastructure to spur economy
India's economic growth slowed to 4.5% in the July-September quarter - its weakest pace since 2013.
FICCI urges government to revisit tendering system for construction work contracts
Experience in India has shown that officials in procuring departments and agencies, in order to maintain utmost probity and transparency, prefer to adopt the least cost principle for the award of contracts.
India, Japan favour strong action against terror infrastructure and terror financing
The Ministers condemned in the strongest terms the growing threat of terrorism and acknowledged that it constituted a major threat to peace and security in the region. The Ministers called upon all countries take resolute action in rooting out terrorist safe havens and infrastructure.
Share market update: Telecom shares rise; Vodafone Idea jumps 7%
The S&P BSE Telecom index was trading 0.56 per cent up at 1131.72 .
India and Japan ask Pakistan to take concrete action against terror infrastructure
The two countries specifically called upon Islamabad to "fully comply" with its international commitments to deal with terrorism including the steps prescribed by the Financial Action Task Force (FATF), the global anti-terror watchdog.
Infra stocks with ‘Maha’ exposure fall up to 10%
Though stoppage of payment has posed a near-term uncertainty on big-ticket projects like Mumbai Metro and Mumbai-Nagpur expressway, it’s unlikely to go back to re-bidding process, said analysts.
NSE puts eight companies under surveillance
The exchange would levy minimum margin of 35 per cent on the respective shares, including on stocks in derivatives segment.
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