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Ravi Ranjan Prasad
About the AuthorRavi Ranjan Prasad
Reporting Indian stock market developments since 2005 from India' financial capital Mumbai and business related news from 1998.Mutual Funds,IPOs, Sebi also on radar.
    S&P Global Ratings estimates Chinas full-year GDP growth will fall to 5 per cent in 2020, from 5.7 per cent projected earlier, but it feels the lost ground will be made up in 2021.Nation
    Coronavirus to slow China GDP growth to 3.8% in Q1

    According to Nomura, the first quarter growth rate in China may dip to 3.8 per cent before a bounce back in Q2 on...

    8 Feb 2020 3:23 AM IST

    But divestment department is confident with strategic sales of BPCL, Concor, Shipping Corporation of India, Air India, IDBI and LIC IPO coming. The ground work has already been done this year to reap rewards in the next fiscal year, Tuhin Kanta Pandey, secretary, Department of Investment and Public Asset Management said.Business
    Stiff divestment target of Rs 2.10 lakh-cr to finance govt

    During the Current Financial Year 2019-20 so far Rs 18,094.59 crore has been obtained through disinvestment...

    2 Feb 2020 2:29 AM IST

    Nirmala Sitharaman.Nation
    Dividend will be taxed in hands of investors: Nirmala Sitharaman

    The removal of DDT will lead to estimated annual revenue forgone of Rs 25,000 crore.

    2 Feb 2020 2:29 AM IST

    According to the officials, the funds to the Congress were sent by Hyderabad-based infrastructure company.Nation
    New tax regime gives with one hand, takes away with another

    Analysts claim there won’t any great savings under new tax regime.

    2 Feb 2020 2:22 AM IST

    Top gainers in the Sensex pack included Infosys, Vedanta, Tata Steel, ONGC, and ICICI Bank, rising up to 3.05 per cent.Business
    Earnings cheer stocks, indices at new peak

    The BSE Mid-cap Index gained 0.87 per cent and Small-cap, 0.95 per cent.

    14 Jan 2020 1:31 AM IST

    Private bank and disinvestment related stocks closed higher. The currency was at 71.45 and 10 years Bond Yield was at 6.56, which is negative for the market, if these hold at the same levels for the next few days, analysts said.Business
    Nifty-50 at new high as hopes soar

    As US-Iran tensions eased, Brent crude oil futures traded around $65 a barrel, a fall from $70-plus.

    11 Jan 2020 1:28 AM IST

    Private bank and disinvestment related stocks closed higher. The currency was at 71.45 and 10 years Bond Yield was at 6.56, which is negative for the market, if these hold at the same levels for the next few days, analysts said.Business
    Panic in stock market as US-Iran tensions simmer

    Sensex down 788 points, Nifty falls below 12,000 mark.

    7 Jan 2020 2:06 AM IST

    Ministry of Corporate AffairsBusiness
    Independent directors must enrol with online data bank

    Centre wants new directors to clear qualifying test

    27 Dec 2019 2:23 AM IST

    Tata Sons will have enough time to appeal against the judgment in the Supreme Court and possibly even get a stay on its implementation, Jefferies Financial Group analysts Arya Sen and Ankur Pant wrote in a note on Wednesday, maintaining their buy rating on TCS.Business
    Market shrugs off ruling against Tata Group

    Tata Motors-owned Jaguar Land Rover on Wednesday said it has acquired Bowler, a UK-based manufacturer of all-terrain...

    20 Dec 2019 2:06 AM IST

    Cyrus MistryNation
    Cyrus Mistry reinstated as Tata Group head

    Shares of Tata Group companies fell after the judgment and several closed in the red.

    19 Dec 2019 1:16 AM IST

    Non-banking finance companies were largely dependent on banks for their financing need while mutual funds as a source had mostly dried up, but things could improve with the government, along with the Reserve Bank of India, actively trying to inject liquidity.Business
    NBFCs woes could ease by mid-2020

    Risk aversion of banks to reduce over the year.

    17 Dec 2019 12:48 AM IST

    Yes Bank had reported a net profit of Rs 965 crore in the same quarter of the previous year.Business
    Yes Bank shares fall 15 per cent

    With Tuesday’s over eight per cent fall the share of the bank are down over 23 per cent in the last two sessions.

    12 Dec 2019 2:39 AM IST

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