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The government's sale of its 5 per cent shareholding in India's largest steelmaker SAIL was over-subscribed 3.6 times on the first day.
Asian shares rise, US yield falls; demand weighs on oilThe U.S. benchmark yield was on track to post its first full-session decline in 2021, even as a jump in gasoline prices pushed inflation higher last month.
from Stocks-Markets-Economic Times https://ift.tt/3qjplpf
… Read MoreBrokerages bullish on Infosys after robust Q3 resultsThe company’s revenue rose 5.5 per cent from the previous quarter to Rs 25,927 crore while profit increased 7.3 per cent from the quarter-ago period to Rs 5,197 crore.
from Stocks-Markets-Economic Times https://ift.tt/3qrmR8… Read MoreNBFCs seek TDS exemption on interest incomeAbout a dozen non-banking finance companies (NBFC) have approached the finance ministry seeking an exemption from Tax Deducted Source (TDS) on their interest income. The facility is available to high-street banks.
from Stock… Read MoreDHFL voting likely to conclude todayThe frontrunners are Piramal Group, Oaktree Capital, and Adani Group who have submitted their offers for the housing finance company.
from Stocks-Markets-Economic Times https://ift.tt/2LOwRJU
… Read MoreBiden's $1.9 trillion rescue package offers bridge for hard-hit economySpending big on vaccine rollout, testing, and to shore up state and local governments on the frontlines of those efforts could help bring a swifter end to the country's healthcare crisis, which remains at the root of the econ… Read More
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