JSW Steel: CoC accepts Rs. 1,525 crore offer for Asian Colour JSW Steel: CoC accepts Rs. 1,525 crore offer for Asian Colour DSIJ Intelligence / Saturday, June 29, 2019 0 2106 Article rating: 3.5 The Committee of Creditors (CoC) voted in favour of JSW’s Rs. 1,525 crore for the assets of debt-ridden Asian Colour Coated Ispat Limited, said news reports on Saturday. The company was the lone bidder for the assets. Read more
CAD tapers to lowest in two years CAD tapers to lowest in two years DSIJ Intelligence / Saturday, June 29, 2019 0 1146 Article rating: 5.0 The slowdown in the economy resulted in weak imports, thereby causing India’s Current Account Deficit (CAD) to constrict in the last quarter. Read more
KPTL bags new orders worth Rs 975 crore KPTL bags new orders worth Rs 975 crore Pratik Shastri / Friday, June 28, 2019 0 3003 Article rating: 5.0 The Gujarat-based global EPC transmission company Kalpataru Power Transmission announced on Friday after market hours that it has won orders worth Rs 975 crore. Read more
Midcaps, smallcap lead Sensex to positive weekly closing Midcaps, smallcap lead Sensex to positive weekly closing Pratik Shastri / Friday, June 28, 2019 0 1770 Article rating: 2.8 Indian indices ended the week on a positive note for the first time after three consecutive weeks. The BSE Midcaps and Smallcap index managed to beat the Sensex, which can be considered as a major positive cue of the markets, going forward. Read more
Top 6 stocks showing substantial decline in FII holdings Top 6 stocks showing substantial decline in FII holdings DSIJ Intelligence / Friday, June 28, 2019 0 1560 Article rating: 4.2 The inflow of foreign investor funds is crucial for the growth of the Indian equity market. India is one of the most coveted investment destination for Foreign Institutional Investors (FIIs). Read more