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The Delhi High court has stayed an order by the Enforcement Directorate to attach the assets of the insolvent Deccan Chronicle Holdings Ltd, paving the way for debt resolution at the distressed publisher. Bankers have agreed to sell the assets of the firm to recover their advances.
Neutral on Infosys, target price Rs 710: NomuraNomura thinks that demand impacts from verticals like BFSI and telecom will be visible in the second quarter as clients calibrate spending in the first quarter.
from Stocks-Markets-Economic Times https://ift.tt/3i2KNvx
… Read MoreStocks in the news: RIL, Asian Paints, IOC, Adani Power, Ujjivan Financial and YES BankRIL is working to complete the contours of a strategic partnership with Saudi Aramco, the company said in its annual report.
from Stocks-Markets-Economic Times https://ift.tt/3189eS4
… Read MoreMFs can’t pile up a rising RIL as stock holding limits play spoilerThey are unable to buy more shares of RIL due to mandatory limits on holding a particular stock.
from Stocks-Markets-Economic Times https://ift.tt/2V9iilF
… Read MoreHold Asian Paints, target price Rs 1,625: Emkay GlobalThe brokerage says growth for VFM products is likely to remain strong and it will continue to drive higher growth in the low-end segment.
from Stocks-Markets-Economic Times https://ift.tt/37WbXPO
… Read MoreSensex crosses 35,000; ‘Nifty could touch 10,600’The Sensex, which has rallied 38 per cent in the last three months, gained 519.11 points to close above the 35,000-level for the first time since March 11.
from Stocks-Markets-Economic Times https://ift.tt/3ex1tZU
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