Yes Bank approves fund raising plan
Yes Bank approves fund raising plan

Yes Bank approves fund raising plan

Amir Shaikh Article rating: 2.5

Yes Bank, the capital-starved bank, which was bailout by the consortium led by SBI, has approved a fund raising plan for an additional amount aggregating up to Rs 5,000 crore

Government shuts toll collection amid countrywide lockdown
Government shuts toll collection amid countrywide lockdown

Government shuts toll collection amid countrywide lockdown

Amir Shaikh Article rating: 5.0

In light of the recent outbreak of COVID-19, Ministry of Road Transport & Highways (MoRTH) has asked National Highways Authority of India (NHAI) to suspend toll collection at all toll plaza across India 

RBI takes preventive measure to maintain liquidity
RBI takes preventive measure to maintain liquidity

RBI takes preventive measure to maintain liquidity

Amir Shaikh Article rating: 5.0

The country’s central bank on Monday said that it will inject more liquidity into the market for which, it announced long-term repo operations (LTRO) of Rs 1 lakh crore that will be carried out in two tranches

COVID-19 to give stress assets to banks
COVID-19 to give stress assets to banks

COVID-19 to give stress assets to banks

Amir Shaikh Article rating: 4.0

The outbreak of pandemic COVID-19 has resulted in the lockdown-like situation all over the world. India too has not been an exception of this and almost 75 districts across the country have been put under a lockdown, where COVID-19 cases have been reported

Indian Government Bond yield edge higher
Indian Government Bond yield edge higher

Indian Government Bond yield edge higher

Amir Shaikh Article rating: 5.0

After Reserve Bank of India (RBI) decides to inject Rs 10,000 crore through purchase of bonds from the secondary market, the bond yield witnessed an uptrend. RBI has already injected nearly Rs 25,000 crore by way of long-term repo operations (LTRO)

Dilip Buildcon gets LoA for Chhattisgarh highway project
Dilip Buildcon gets LoA for Chhattisgarh highway project

Dilip Buildcon gets LoA for Chhattisgarh highway project

Amir Shaikh Article rating: 4.0

Infrastructure developer, Dilip Buildcon today informed the bourses that it has received a letter of acceptance (LoA) from National Highways Authority of India (NHAI) for a new HAM project in Chhattisgarh.

IndusInd Bank tumbles 37 per cent in single trading session
IndusInd Bank tumbles 37 per cent in single trading session

IndusInd Bank tumbles 37 per cent in single trading session

Amir Shaikh Article rating: 3.5

The stock of IndusInd Bank in today’s trading session witnessed the brunt of weak market sentiments amidst Supreme Court’s order to dismiss the plea of telecom companies

Sun Pharmaceutical announces a buyback of Rs 1,700 crore
Sun Pharmaceutical announces a buyback of Rs 1,700 crore

Sun Pharmaceutical announces a buyback of Rs 1,700 crore

Amir Shaikh Article rating: 4.2

The board of directors of Sun Pharmaceutical Industries has approved share buyback amid broad market sell-off. The board in today’s meeting, approved equity share buyback of Rs 1,700 crore at a maximum price of Rs 425 apiece, which represents nearly 15 per cent premium from Monday’s closing

Corona impact on stocks!
Corona impact on stocks!

Corona impact on stocks!

Amir Shaikh Article rating: 4.1

All over the world, equity market has been witnessing a massive sell-off due to weak market sentiments triggered by the outbreak of Coronavirus. This panic-like situation has resulted in a sharp fall in the benchmark indices all over the world

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