NTPC Block Deal Alert

April 17, 2018 10:37 AM by Neal Bhai

NTPC Block Deal Alert – NTPC : About 10.3 crore shares changed hands in a block deal. Buyers and sellers were …

Power Grid Gains On Heavy Volumes

April 17, 2018 10:12 AM by Neal Bhai

Gold Silver Reports (GSR) – Power Grid Gains On Heavy Volumes — Power Grid Gains On Heavy Volumes – Shares of the state-run central transmission utility of India rose as much as 3.9 percent, most in six months, to Rs 207.1, extending a three-day gaining period. Trading volume of the stock was 11 times the 20-day average. It was the top gainer on the S&P BSE Power Index.

Rakesh Singh, President At India Cements

April 17, 2018 10:09 AM by Neal Bhai

Rakesh Singh, President At India Cements

📌 Seeing around 37 percent growth from states like Telangana, Andhra Pradesh

📌 Tamil Nadu contributed least due to sand mining issues.

📌 Clocked around 4 percent growth last year

📌 Affordable housing, upcoming elections aiding to growth from Karnataka.

Aditya Birla Group in Talks to Raise $1 bn for Idea Cellular

April 17, 2018 9:28 AM by Neal Bhai

Gold Silver Reports (GSR) – Aditya Birla Group in talks to raise $1 bn for Idea Cellular — The Aditya Birla Group is in talks with buyout firms to sell stakes in promoter entities that control Idea Cellular Ltd to raise more than $1 billion, part of which will be used to pay down regulatory dues of the telecom operator ahead of a merger with Vodafone India Ltd, two people directly aware of the development said.

Ram Gopal, Director Of Refineries At India Oil

April 17, 2018 8:59 AM by Neal Bhai

Ram Gopal, Director Of Refineries At India Oil 📌 Have signed MoU with Saudi Aramco. 📌 Saudi Aramco will hold equal partnership but stake is not finalised yet. …

Crude Oil Investors Rally Behind the Rally With Record Bets on Rise

April 17, 2018 6:31 AM by Neal Bhai

Gold Silver Reports (GSR) – Their bets that Brent crude futures will climb reached a new high as growing tensions across the Middle East are putting almost half of the world’s supply at risk. The escalation of strife in the region sent the key crude benchmark to its highest in more than three years, while volatility surged.

Breaking News; Supreme Court Halts Reliance Communication Asset Sale

April 16, 2018 12:19 PM by Neal Bhai

Gold Silver Reports (GSR) – Supreme Court Halts Reliance Communication Asset Sale – Shares of the debt-ridden company fall as much as 4.7 percent after the apex court halted its asset sale. HSBC Daisy Investments and other minority shareholders had moved Supreme Court against National Company Law Appellate Tribunal (NCLAT)’s order that allowed State Bank of India-led bankers to sell mortaged assets of Reliance Infratel, the tower unit of Reliance Communications.