Fall in global crude oil and industrial metal prices triggered a strong intraday rebound on the domestic bourses at the onset of the week. A bout of volatility was witnessed in late trade as key benchmark indices trimmed gains after extending ... Business Standard India, 2 months ago
The central government has informally asked investment bankers brought in to manage share sales to abstain from taking big private-sector mandates in the coming months.This is to avoid a glut of new paper at a time when the government wants to dilute its holding in select state-run enterprises. The Centre is aiming to raise about Rs 40,000 crore (Rs 400 billion) by divesting holdings in public-sector undertakings.On the list are Steel Authority of India, Oil and Natural Gas Corporation, Coal ...Rediff.com, 2 months ago
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