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Stock Market News

Indices trade higher; Tata Motors, ONGC stocks gain

India Infoline News Service / 12:16, Oct 14, 2019

The market breadth, indicating the overall health of the market, was positive. On the NSE, 966 shares rose and 712 shares fell and 459 shares were unchanged.

Economy News

Economic slowdown weigh on toll revenue growth while HAM projects make steady progress: India Ratings

India Infoline News Service / 16:30, Oct 14, 2019

The weakening of financing sentiments and a sharp rise in land acquisition costs exert stress on the central budget and could compel the government to rethink the bidding model.

IPO News

IRCTC IPO subscribed 111.84 times

India Infoline News Service / 09:13, Oct 04, 2019

The issue has received bids for 225.46cr shares on October 3, 2019, as against 2.01cr shares on offer, as per the NSE data.

Global News

European stocks fall, Asian markets end higher

India Infoline News Service / 16:00, Oct 14, 2019

China said it would make large agricultural purchases from the US as well as act on intellectual property, financial services and the yuan.

M & A News

RBI rejects proposed merger of Indiabulls Housing with Lakshmi Vilas Bank

India Infoline News Service / 09:45, Oct 10, 2019

“This is to inform you that RBI vide their letter dated October 9, 2019 has informed that the application for voluntary amalgamation of the Company with Lakshmi Vilas Bank can’t be allowed,” Indiabulls Housing Finance said in the press note.

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