Gold Silver Reports (GSR) – Bajaj Electricals Surges To Record High After Order Win — Bajaj Electricals Surges To Record High After Order Win – Shares of the consumer electrical maker rose as much as 7.6 percent to surge to a record high at Rs 665.95. – The company bagged order worth Rs.3577.93 crore from Madhyanchal Vidyut Vitaran Nigam Ltd. from Uttar Pradesh state, according to its stock exchange notification.
Idea Cellular Gains After Block Deals
Gold Silver Reports (GSR) – Idea Cellular Gains After Block Deals – Shares of the telecom operator rose as much as 3.1 percent to Rs 73.50. About 4.23 crore shares or 1 percent equity changed hands in two block deals, according to Bloomberg data. Buyers and sellers were not known immediately.
Aditya Birla Group in Talks to Raise $1 bn for Idea Cellular
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
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. …
China’s Economic Growth Remains Robust Amid Strong Retail Sales
Gold Silver Reports (GSR) – China’s Economic Growth Remains Robust Amid Strong Retail Sales — Steady growth offers support for President Xi Jinping’s mission to shore up financial stability, one of Beijing’s top goals along with reducing poverty and curbing pollution. The robust pace of expansion is a tailwind for the global economy which is seen maintaining its solid performance this year, providing needed support in the form of strong demand for China’s exports.
China, India Extend Grace Periods for Mozambique Debt Repayments
Gold Silver Reports (GSR) – China, India Extend Grace Periods for Mozambique Debt Repayments — The two countries agreed to the extensions in talks last year, Stelia Neta, deputy national director of the ministry, said in an emailed response to questions. In addition, China agreed to forgive $34 million of debt, she said.
Stocks To Watch: Adani Ports, Amtek Auto, RCom, Muthoot Capital Services
Gold Silver Reports (GSR) – The S&P BSE Sensex rose 0.3 percent to 34,302 while the NSE Nifty 50 gained 0.5 percent to 10,530. The market breadth was tilted in favour of the sellers all through the session.