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Coal import of India declines 22% in Jan

India Infoline News Service / 08:50, Feb 21, 2017

India’s coal imports in January declined 22% to 14.31 million tonne as compared to 18.28 million tonnes in January last year. There was a drop in demand from discoms as they already have enough supplies.

Stock Market News

UBS and HSBC stop issuing P-Notes, as government ramps up suppression

India Infoline News Service / 08:46, Feb 21, 2017

HSBC and UBS and many other foreign investors have stopped issuing P-Notes as there was a misuse of these. These once were a popular instrument among foreign investors to invest in Indian markets.

Economy News

Currency in surplus; ATMs being kept under vigilance: Arun Jaitley

India Infoline News Service / 12:37, Feb 16, 2017

While replying to multiple queries on ATMs across the country running dry, inclusive of the national capital, Finance Minister, Arun Jaitely stated that a constant watch is being kept by the Department of Financial Services on ATMs on a daily basis to sort out operational issues, while adding that there is no shortage of cash.

Business News

Paytm looks to dominate the travel category; Over 10 mn travel tickets booked

India Infoline News Service / 12:24, Feb 13, 2017

Paytm now offers the complete range of travel bookings that include air, bus, train tickets and hotel bookings. The company has also emerged as India’s biggest private B2C player in train tickets segment within months of launch.

IPO News

Steel City Securities IPO subscribed by 4.88 times on final day

India Infoline News Service / 09:33, Feb 10, 2017

The Issue opened on Monday, February 6, 2017 and closed on Thursday, February 9, 2017 and the Price was fixed at Rs 55 per equity share. 

Global News

Asian markets end higher on Thursday

India Infoline News Service / 15:55, Feb 09, 2017

KOSPI Index increased 0.8 points or 0.04% to 2,065.88, Jakarta Composite increased 6.18 points or 0.12% to 5,367.27, Shanghai Composite increased 16.2 points or 0.51% to 3,183.18.

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