A view on the financial world.
Hi everyone. Sorry was away from the blog due to exams. But hoping to pick it back up. So here is the summary of this week's news. Also, suggestions about what else content can be posted on this blog are most welcome. Monday- 13th November 2017 Owing to the fiscal deficit for the year due to …
Monday- 19th June 2017 Sensex closed at a record high of 31,311 points and Nifty at 9,657 points as RBI asked lenders to start bankruptcy proceedings against big defaulters. It has raised the hopes of a speedy resolution to the bad loans issue. The Income tax department has demanded all dividends due to Cairn Energy Plc from …
Monday- 24th April 2017 Reliance Industries reported a 12.3% increase in quarterly net profit to ₹8,046 crores owing to robust petrochemical and refining margin. Jio reported a net loss for the six months as ₹22.50 crores. Owing to strong cues from French presidential elections, the Sensex rose 290.5 points to close at 29,656 points while Nifty …
Continue reading "Sensex hits 30K, Delhi HC turns down RBI, RCom-Aircel Merger – Weekly Digest #42"
Monday- 13th March 2017 No Major news as the market was closed on the occasion of Holi. Tuesday- 14th March 2017 Nifty hit an all-time high of 9,112.75 points in response to BJP's decisive win the state of UP. It ended lower at 9,087 points. RBI intervened in the currency market to hamper profit booking …
Monday- 13th February 2017 Infosys CEO, Vishal Sikka, denied the involvement of any wrongdoing in the $200 million acquisition of Panaya, saying that the company has been a victim of malicious rumours. GIC of Singapore is in talks with promoters of DLF Limited, KP Singh and his family to acquire their 40% stake in DLF Cyber …
The Financial Lens 