Saudi Aramco lists RIL investment, expansion in India in monster IPO prospectus

New Delhi (IANS) Saudi Aramco launched has its prospectus for the worlds biggest IPO with a potential largest ever company valuation of estimates ranging wildly from $1.2-2.3 trillion, with an India angle-acquiring 20 per cent in Reliance Industries…

IndiGo codeshare to be operationalised from Dec: Qatar Airways

New Delhi (IANS) Even as it waits to expand its partnership with IndiGo, Doha-based Qatar Airways will first operationalise its new codeshare agreement with Indias airline major by December.

According to Qatar Airways Group Chief Executive…

Liquidity flows, healthy Q2 expected to push equities higher

Mumbai  (IANS) Liquidity flows, as well as positive sentiments on the back of better-than-expected quarterly results and the government's recent reform measures, have the potential to lift the key Indian equity indices higher during the upcoming…

Cabinet may take up BPCL privatisation this month

New Delhi (IANS) Union Cabinet is likely to take up the strategic disinvestment of the entire stake of government of India along with transfer of management control in oil marketing PSU - BPCL this month to push ahead the exercise, sources said.
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Nomura heat-map shows most macro indicators in red zone

New Delhi (IANS) A heat-map prepared by CEIC and Nomura Global Economics has shown most macro economic data slipping into red since first quarter of the current fiscal.

The high frequency data across sectors point to deeper slowdown in the…

Moody's warns India could be headed for debt trap and recessionary phase

New Delhi (IANS) Global ratings agency, Moody's Investors Service has cut India's outlook to negative from stable on increasing risks of lower economic growth than the past and reflecting lower government effectiveness at addressing long-standing…

Sensex up 110 pts, Nifty touches 12,021

Mumbai (IANS) Indian markets opened on a firm note on Thursday. The Sensex touched a fresh high of 40,676.44 after government boosters for the realty sector.

The Centre on Wednesday committed up to Rs 10,000 crore for completing housing projects…

India added 1,300 start-ups in 2019, including 7 unicorns

New Delhi (IANS) India added over 1,300 start-ups, including 7 unicorns in 2019, making the country the third biggest start-up ecosystem in the world behind China and the US, according to a new report from industry body National Association of Software…

Markets hit fresh highs on hints of more boosters

Mumbai (IANS) Indian markets on Wednesday logged fresh highs after Finance Minister Nirmala Sitharaman hinted more boosters for the pivotal real estate sector.

Sensex hit fresh life time high of 40,606.91 while the Nifty surpassed the key 12,000…

Karnataka HC stays NCLT order against Flipkart

New Delhi (IANS) The Karnataka High Court has stayed the order of National Company Law Tribunal (NCLT) which had initiated solvency proceedings against Flipkart.

"Karnataka High Court has stayed the order of the NCLT in favour of Flipkart.…