Month: October 2018

ICICI Bank share price zooms 10% after Q2 result shows improved asset quality; is it the right time to buy?

October 29, 2018 / admin / 0 Comments

ICICI Bank shares zoomed nearly 10% on Monday after the bank’s quarterly results showed an improvement in asset quality for the quarter ended September 2018. ICICI Bank share price surged by 9.8% to an intra-day high of Rs 346.55 per share on the NSE on Monday, the highest level in …

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Equitas, Ujjivan Financial shares plunge up to 28% after RBI’s directive on small finance banks listing

October 26, 2018 / admin / 0 Comments

Shares of Equitas Holdings plunged more than 28% in the early morning trade on Monday to hit the day’s low of Rs 92.35, while shares of Ujjivan Financial Services tanked over 20.5% to touch an intra-day low of Rs 177.35, after the Reserve Bank of India’s letter to the entities …

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L&T Finance Holdings share price plunges 13% despite strong Q2 results; IL&FS concerns at play?

October 25, 2018 / admin / 0 Comments

L&T Finance Holdings share price: Shares of NBFC firm L&T Finance Holdings plunged on Thursday, despite the firm reporting stellar Q2 results, however, business was affected by exposure to IL&FS in the latest quarter. LTFH noted that four issues including Kerala deluge, Infrastructure Leasing & Financial Services (IL&FS), rumors of Supertech default …

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Big relief to Anil Ambani! RCom share price soars as Supreme Court gives more time to pay up Ericsson

October 23, 2018 / admin / 0 Comments

Reliance Communication share price surged nearly 3.6% on the BSE following media reports that the Supreme Court had allowed the company time till December 15, 2018 to repay Rs 550 crore to Ericsson. Earlier this month, Anil Ambani-led Reliance Communications had sought another 60 days for repayment of the amount …

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Rupee rebound temporary? ING lowers year-end forecast; says these 2 factors weigh

October 22, 2018 / admin / 0 Comments

ING Bank NV has lowered its year-end rupee forecast just as the currency is staging a rebound. Rising oil prices and political uncertainty ahead of state elections will see Asia’s worst-performing currency resume losses, according to Prakash Sakpal, an economist at ING in Singapore, whose estimate of 76.50 per dollar …

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India’s nation brand value increases 5% in 2018; US, China dominate most valuable nation brands list

October 19, 2018 / admin / 0 Comments

India lost one spot to rank as the 9th most valuable nation brand in the world, falling for the second consecutive year in the list of most valuable nation brands, despite its brand value rising 5% from the previous year, according to Brand Finance’s annual Nation Brands 2018 report. During the …

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Petrol price today: Petrol prices cut by 21 paise in Delhi; check latest rates in other metros

October 18, 2018 / admin / 0 Comments

Petrol Price today: The prices of both petrol and diesel across all metro cities witnessed a drop on Thursday, bringing some respite to common people. Oil marketing companies have cut the petrol prices in the national capital New Delhi by 21 paise to Rs 82.62 per litre and diesel price by 11 …

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Diesel price rise: Modi’s Rs 2.5 relief eroded by 10 rate hikes in a row; what will government do now?

October 15, 2018 / admin / 0 Comments

As diesel prices were hiked for the tenth straight day on Monday by the oil marketing companies (OMCs), the entire Rs 2.50 per litre cut in rates announced by the government earlier this month got erased. The question now is: What will the government do next? “Given the pullback in …

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Month: October 2018

Coal India OFS day 1: Government stake sale gets good response from non retail investors; oversubscribed 106%

Petrol price today: Petrol prices cut by 21 paise in Delhi; check latest rates in other metros

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