Monday, 29 June 2020

S&P Maintains China's Sovereign Rating With Stable Outlook

S&P in its report saidthat China is likely to maintain above-average economic growth relative to other middle-income economies

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Nick Kyrgios Slams "Selfish" Alexander Zverev After Viral Party Video

After testing negative for coronavirus, Alexander Zverev had released a statement vowing to self-isolate, only to be spotted at a busy bar, apparently over the weekend, in footage that went viral.

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Piramal Shares Jump After US-Based Carlyle Buys Stake In Pharma Unit

Piramal Enterprises had said the deal valued its pharmaceuticals business at an enterprise value of $2,775 million with an upside component of up to $360 million.

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Sensex, Nifty Struggle; Banks Fall, Pharma, FMCG Shares Outperform

Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Metal index's 3 per cent fall.

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Chinese Firms Bag 50% Of Global Equity Raising In First Half Of 2020

China-based companies sold shares worth $32.1 billion in January-June, equivalent to 49.8 per centof worldwide offerings

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ITC Surges After Profit Rises In March Quarter As Tax Expense Reduces

ITC's board recommended a dividend of Rs 10.15 per share for financial year 2019-20.

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Sunday, 28 June 2020

Ruchi Soya March Quarter Loss At Rs 41 Crore, Shares Fall

Ruchi Soya said it is ensuring the movement of edible oils and soya food products to the end-consumer.

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Insurance Regulator Asks Firms Offer Health Policy For COVID-19 By July

IRDAI has asked the insurance firms to offer two health insurance policies - Corona Kavach Policy, Corona Rakshak Policy.

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Toughest Times May Be Over For Rupee, Asia's Worst-Performing Currency

The rupee may strengthen to 75 per dollar by the end of December, an advance of about 1 per cent from Friday's close of 75.6475, according to a Bloomberg survey.

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Stuart Broad Uses Sports Psychologist To Prepare For Tests Without Fans

England start a three-Test series against the West Indies in Southampton on July 8, but fans will be absent due to the coronavirus.

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Windies Players To Wear "Black Lives Matter" Logo On Shirts In England

A three-match Test series between England and West Indies will mark international cricket's resumption on July 8.

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Too-Big-To-Fail Banks Mostly A Thing Of The Past: Regulators

Funding costs for banks have risen in a reflection that banks are more likely to write down the special debt rather than be rescued by taxpayers, the evaluation showed.

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Sensex Falls Over 400 Points, Nifty Near 10,250 Tracking Global Markets

Shares elsewhere in Asia began the week with caution as the relentless spread of the coronavirus made investors question their optimism on the global economy.

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