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GSR Exclusive: Block Deal Alert

February 26, 2018 3:56 PMby Neal Bhai

Gold Silver Reports (GSR) – Block Deal Alert – Motherson Sumi has 23 lakh shares change hands in a block deal. Buyers and sellers were not …

HDFC To Raise Rs 1,900 Crore; Shares Rise

February 26, 2018 3:52 PMby Neal Bhai

Gold Silver Reports (GSR) – HDFC To Raise Rs 1,900 Crore; Shares Rise — India’s largest mortgage lender Housing Development Finance Corporation Ltd. is set to sell shares to institutional investors to raise about Rs 1,900 crore as part of its Rs 13,000-crore plan to mop up funds to invest in its banking and other subsidiaries.

Reliance Infrastructure Gains On Winning Arbitration Award

February 26, 2018 3:50 PMby Neal Bhai

Gold Silver Reports (GSR) – Reliance Infrastructure Gains On Winning Arbitration Award — Shares of the Anil Ambani-led company rose as much as 3.8 percent to Rs 472.20 after it won arbitration award against the Goa government.

Jewellery Stocks Down, Gitanjali Gems Shares Tank 60% – PNB Fraud

February 23, 2018 6:19 PMby Neal Bhai

Gold Silver Reports – Jewellery Stocks Down, Gitanjali Gems Shares Tank 60% – PNB Fraud — While Mehul Choksi-promoted Gitanjali Gems Ltd has lost around Rs435.91 crore or nearly 60% of its market value ever since the fraud at Punjab National Bank (PNB) came to light, the steep erosion has hammered other jewellery stocks as well.

Axis Bank asks CIO Amit Sethi to Resign, Goldman Neal Bhai Reports INDIA

February 23, 2018 9:59 AMby Neal Bhai

Gold Silver Reports – Axis Bank asks CIO Amit Sethi to Resign — Axis BankBSE -0.08 % has asked its president and chief information officer Amit Sethi to resign. Sethi’s exit from the country’s third-largest lender followed a complaint from a whistleblower regarding the functioning of the bank’s technology department, which he headed, said two sources familiar with the development.

All You Need To Know Going Into Trade On Feb. 23, 2018

February 23, 2018 7:36 AMby Neal Bhai

Goldman Neal Bhai Reports – All You Need To Know Going Into Trade On Feb. 23, 2018 — Asian stocks look set to close out a lackluster week on a positive note on Friday as investors continue to debate the outlook for central bank policy normalisation and the impact of higher bond yields.

BSE, NSE, MSEI Assure Global Stock Exchanges Of Orderly Transition

February 23, 2018 6:39 AMby Neal Bhai

Goldman Neal Bhai Reports – Indian stock exchanges assured international bourses and index providers of orderly transition. Steps would be taken to ensure that ending licensing pacts do not disrupt the markets, BSE Ltd., National Stock Exchange of India Ltd. and Metropolitan Stock Exchange of India Ltd. said in a joint statement.