After getting FPI ‘Visa’ for D-Street, Russians move to open GIFT shops
Just a few months after half a dozen Russian institutions were permitted by the Indian capital market regulator to trade as foreign portfolio investors (FPIs) on local stock exchanges, three Russian entities are learnt to have applied for different licences with the GIFT City authorities.
Nifty trend still positive, could head to 20,900: Analysts
The index marked a new record high supported by broad market participation, which indicates that the near-term trend remains positive.
RBI has food for thought but likely to keep rate pause
The MPC, which will detail its next policy statement at the end of its three-day meeting on December 8, is seen keeping the repo rate unchanged at 6.50% while retaining its stance of withdrawal of accommodation, an ET poll of 10 economists showed. After raising the repo rate by 250 basis points (2.5 percentage points) […]
Nine bidders submit plans for Rolta India which owes Rs 14,000 crore
People aware of the development told ET that resolution plans have come from Rashmi Metaliks, United Biotech, Real Value Infotech Projects, Cyfuture India, Square Four Housing & Infrastructure Development, Ashdan Properties, Quant Efficient, and Yash Shares. One individual, Viren Jain, has also submitted a final bid.
BJP’s 3S returns on main Street to fire up market sentiment
The Nifty, the most keenly tracked gauge in the world’s fourth-largest equities market, could surge to 20,500 immediately, building on its record closing levels of 20,267.90 Friday.