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RBI Holds Rates, LIC OFS Attracts Institutional Buyers
Aug 5 The Reserve Bank of India holds the repo rate and kept its neutral stance amid gathering inflationary forces. The rate-setting committee revised higher its estimates of annual economic growth and lowered its inflation outlook. lici kalyankjil pnbhousing
- India Indexes Diverged Ahead of Rate Decisions, LIC and Ather In Focus
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Info Edge Struggles to Turnaround Real Estate Unit
Apr 8 Info Edge reported higher revenue in the March quarter, driven by an increase in its core recruitment solution and real estate division. naukri
- Earnings: TCS, Infosys, HCL Technologies
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Manipal Health Agreed to Acquire Medica Synergie to Tap Rising Demand in Smaller Cities
Apr 8 Manipal Health agreed to acquire Medica Synergie. Two hospital chains, controlled by Singapore-based Temasek, ramp up services in smaller cities across India.
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Aster DM Sells Middle East Business for $1 Billion
Nov 29 Aster DM agreed to sell its business located in the Gulf Cooperation Council to a group controlled by the promoters of the company and a private equity group based in the Middle East. asterdm
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Current Account Deficit Widened In Fiscal First Quarter
Oct 1 India's current account stayed elevated on the persistent deficit in international goods deficit and the sharp decline in international flow of funds for portfolio investment.
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Infrastructure Sector Output Shrank in August
Oct 1 India's infrastructure sector output shrank for the first time in August, highlighting the weakness in production of coal, natural gas, and refined crude.
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U.S. Indexes Advanced Towards Record Highs as Earnings Roll In
Aug 4 U.S. stocks advanced on Tuesday amid improving global risk sentiment and upbeat corporate earnings.
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US-Japan Yen Intervention May Prove to Be a Blip in the Longer-Term
Aug 4 The US-Japan joint 3-day currency market intervention may provide temporary support for the yen, but the longer-term downward trajectory is not likely to change.
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