Kansai Nerolac Paints announced that its subsidiary Kansai Nerolac Paints (Bangladesh) has allotted 1,65,00,000 equity shares of the face value of BDT 10 per share to the company. The equity contribution of the company in the further issue of shares by the Bangladesh subsidiary is BDT 16.50 crore (Rs 13.90 crore). The percentage shareholding of the company in the said subsidiary remains the same i.e. […]
At meeting held on 06 December 2022
European stock markets were mostly lower on Tuesday, 06 December 2022, following declines on Wall Street overnight, as stronger-than-expected US economic data reinforced the belief among investors that the Federal Reserve might stick longer with aggressive interest rate rises. At 11:55 GMT, the pan European Stoxx 600 index was down 0.35% to 440.10. The U.K.s FTSE 100 index fell 0.32% to 7,543.40. Frances CAC 40 […]
Crude oil slipped today amid mostly weak equities. Asian stocks saw muted trades amid lack of major economic cues and negative overnight leads from the US markets. European markets witnessed modest losses today. The US stocks fell on lingering uncertainty about the outlook for interest rates. The Dow slumped 1.4 percent, the Nasdaq lost 1.9 percent and the S&P 500 tumbled 1.8 percent to 3,998.84. […]

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