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Tata Communications Gain As Cabinet Clears Equity Infusion Into Hemisphere Properties

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Gold Silver Reports (GSR) – Tata Communications Gain As Cabinet Clears Equity Infusion Into Hemisphere Properties — Shares of the Mumbai-based telecom service provider rose as much as 2.5 percent to Rs 653.80 after the Cabinet cleared transfer of administrative control of Hemisphere Properties India Ltd. from the telecom ministry to the housing and urban development ministry after equity infusion of Rs 700 crore and Rs 51 crore secured loan into the company.                                   

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Adani Group‬‬, Torrent Power Eye Eletrobras’ Power Distribution

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Adani Group Stocks

Gold Silver Reports (GSR) – At least two Indian companies—Given the limited opportunities in India, these firms have been attracted by Latin America’s biggest utility’s six subsidiaries that are up for sale and supply electricity to 13 million people. Price-water-house-Coopers Brazil is running the sell side transaction process. Adani Group and Torrent Power—have shown interest in acquiring six electricity distribution firms put on sale by Brazil’s Centrais Elétricas Brasileiras, or Eletrobras, two people aware of the development said.                              

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Inflation has Been Ticking Lower

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Gold Silver Reports (GSR) – Money Market Update – Inflation has been ticking lower, but the RBI expects it to inch up in coming months amid rising fuel and vegetable prices. Traders will also watch out for whether the central bank allows foreigners to up their investments in government bonds, a move which is likely to fuel a further rally in the market.

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RBI Policy Day 2018

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INDIA – RBI Policy Day 2018 LIVE RBI POLICY GUIDELINES Tweets by BloombergQuint

Here Are The Stocks To Watch Out For In Thursday’s Trade

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Here Are The Stocks To Watch Out For In Thursday’s Trade 

📌 Cabinet approved demerger and transfer of surplus land from Tata Communications to Hemisphere Properties.

📌 ICICI Bank clarified that it did not give individual loans to any of five companies.

📌 Adani Enterprises unit bagged order worth Rs 1,140 crore from NHAI in Chhattisgarh.                           

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