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The share price of Maruti Suzuki jumped almost 2.5 per cent on Saturday morning after the auto giant announced growth in sales from 1,51,721 units in January 2019 to 1,54,123 in January 2020. The auto industry has witnessed a slow growth in auto sales throughout the last year. The scrip was trading …
Continue reading “Maruti Suzuki share price gains as sales figures show growth”
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Gold and silver prices inched up on Thursday as US Federal Reserve said the “uncertainties about the outlook remain, including those posed by the new coronavirus”. “Gold has risen this year as the outbreak of the deadly virus threatens to harm the world economy. Silver recoups some of the massive …
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Markets regulator Sebi has asked an individual to disgorge Rs 4.9 crore latest by January 31 for failing to comply with takeover regulations in the matter of Orient Tradelink. The amount has to be paid along with a 10 per cent interest from August 1, 2019 till the date of actual …
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The Indian rupee opened marginally higher on Thursday as US and China announced an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of US goods and services, defusing an 18-month conflict between the world’s two largest economies, Reuters reported. At 10.15 AM, the rupee was trading …
Continue reading “Rupee trades marginally higher as US, China announce an initial trade deal”
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Leading stock exchanges BSE and NSE will suspend trading in shares of cafe chain operator Coffee Day Enterprises and fraud-hit CG Power and Industrial Solutions from February 3 for not complying with listing norms pertaining to submission of quarterly financial results. However, if companies comply with the provisions of listing norms on …
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Shriram Properties has said it plans to start work on the pending IPO after the Union Budget, which the realty firm believes, would have measures to revive the the stock market. The realty arm of the Chennai-headquartered Shriram Group had received capital markets regulator Sebi’s approval to float an IPO …
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Shares of Steel Authority of India Ltd (SAIL) on Thursday traded higher after recording the highest-ever sales in a month during December 2019. The shares hit the day’s high of 9 per cent from the previous close in the morning trade. The shares were trading at Rs 46.80 up 3.90, or 9.09 …
Continue reading “SAIL share price at day’s high after record growth in sales”
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Oil prices edged lower on the final day of the year on Tuesday, but were on track for their biggest annual rise since 2016, supported by a thaw in U.S.-China trade dispute and ongoing supply cuts. Brent crude futures for March delivery, the new front month contract, were down 11 …
Continue reading “Oil prices edge down but set for biggest yearly rise since 2016”
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