Month: October 2019

Oil prices edge higher on potential Brexit deal; OPEC signals of possible cuts

October 16, 2019 / admin / 0 Comments

Oil prices rose on Wednesday, tracking gains in equities, as investors pinned hopes on a potential Brexit deal between Britain and the European Union and on signals from OPEC and its allies that further supply curbs could be possible. But gains were limited on lingering concerns of a global economic …

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IOC to raise Rs 3000 crores via rupee denominated bond issue

October 15, 2019 / admin / 0 Comments

Indian Oil Corp (IOC), the nation’s biggest oil firm, plans to raise Rs 3,000 crore in rupee borrowings this month to meet its general corporate financing needs, IOC Director (Finance) Sandeep Kumar Gupta said on Tuesday. “We plan to raise through a rupee denominated bonds issue up to Rs 3,000 …

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IRCTC IPO: Best listing in two years; stock opens at double the issue price, but markets want more

October 14, 2019 / admin / 0 Comments

IRCTC Ltd’s stock made its stock market debut with a bang today, with the best stock market listing by any stock in the last two years. IRCTC stock opened at Rs 644 for trading on Monday on BSE, more than double the IPO price of Rs 320 per share, and …

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Diwali bonanza for shareholders: After TCS, Infosys announces dividend; check record, payment dates

October 11, 2019 / admin / 0 Comments

Shareholders of Infosys and TCS have something to look forward to in the coming festive season, as these IT behemoths have declared an interim dividend. IT major Infosys has declared an interim dividend of Rs 8 per share, while TCS has announced a total dividend of Rs 45. Interestingly, both …

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Aurobindo Pharma recovers 5 per cent after company’s clarification on USFDA observations

October 9, 2019 / admin / 0 Comments

Shares of Aurobindo Pharma recovered over 5 per cent on Wednesday after the company clarified that none of the seven observations from the US health regulator for its Telangana unit were linked to data integrity. In a regulatory filing post market hours on Monday, Aurobindo Pharma said that it is …

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PSU investment opportunity: Bharat 22 ETF issue open for retail, only for today, after IRCTC success

October 4, 2019 / admin / 0 Comments

After the mega success of IRCTC IPO, another PSU issue Bharat 22 ETF opened for retail investors only for today. Notably, Indian Railway Catering and Tourism Corporation (IRCTC) IPO created a new record to become the most subscribed PSU issue ever, after the firm saw bids for 112 times the …

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Month: October 2019

Reliance Industries hits Rs 9 lakh crore mcap; Mukesh Ambani firm becomes first ever to cross landmark figure

YES Bank rises over 17% after report of Sunil Mittal, Sunil Munjal showing stake buy interest

PSU investment opportunity: Bharat 22 ETF issue open for retail, only for today, after IRCTC success

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