NEW DELHI: ICICI Bank, the lead banker for Jaiprakash Associates Limited (JAL), has invoked the strategic debt restructuring (SDR) provision, setting in play the process that could pave the way for the lenders cumulatively taking over the company. Economic Times, 3 hours ago
Posted by Equitymaster Barring US stock markets and few markets in Asia Pacific region, major global indices closed on a weak note. Concerns over hike in the interest rate by US Fed kept the global markets on the edge. Investors are looking ahead to next ...Equitymaster.com, 2 weeks ago
Posted by Equitymaster Crude prices witnessed a surge of around 4% during the week. Oil output from producers outside the Organisation of Petroleum Exporting Countries (Opec) is falling faster than expected, helping the market to rebalance. Barring Japan, ...Equitymaster.com, 1 month ago
While such buying could indicate confidence in the business, investors should do a comprehensive evaluation before getting into the stock. More promoters bought than sold shares of their own companies in January-February this year, according to a report by Prime Database, which analysed insider trading in this period. It says the total value of insider buying was Rs 19,463 crore (Rs 194.63 billion) and of insider selling was Rs 14,100 crore (Rs 141 billion), a buy/sell ratio of 1.38, from 1.11 ...Rediff.com, 2 months ago
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