Shareholders of Bharti Airtel have approved proposals to raise up to $2 billion in equity and another $1 billion in debt. The proposal for issuance of securities for amount up to $2 billion received 99.99 percent votes in favour of the special resolution at the company's EGM held on January 3, a regulatory filing showed. … [Read more...] about Market Headstart | Info Edge, Muthoot and 3 other stocks moved to largecap category
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For India, the extent of the fall in the Sensex from its highs was much more during the Chinese scare, but that was also the period when we had our spectacular demonetisation experiment. The Indian markets suffered as much during 2013 as in the 2018 fall, but crude oil prices were higher then, so the Indian economy was far more vulnerable. … [Read more...] about 100-Word Take | Was the recent market fall worse than the taper tantrum?
Corporate Buzz podcast | Coronavirus hits airlines hard; new CEO at IndusInd Bank; Apple to set shop in India and more Hot Stocks | 'Can buy Tata Motors, JSW Steel, Hindalco for short term' In the News podcast | Death toll in Delhi violence rises to 37; Indians return from coronavirus-hit cruise ship; Apple to launch retail store in India and more … [Read more...] about The Market Podcast | Coronavirus carnage on D-Street; is it time to buy yet?
— Chetan Bhagat (@chetan_bhagat) February 28, 2020His remarks come at a time when Delhi is limping back to normalcy after days of communal clashes that claimed at least 42 lives, including that of a police constable, and injured more than 300 persons. The violence broke out late last week in northeast Delhi, initially over the Citizenship Amendment Act. It soon escalated into brawls between people supporting and opposing the new law, before transforming into a full-fledged communal riot.Subscribe to Moneycontrol Pro's Annual plan for Rs 399/- for the first year. Use coupon PRO2020 (Available on Web & Android only). … [Read more...] about Chetan Bhagat slams India’s obsession with Hindu-Muslim debate amid market collapse, Coronavirus
The fall has been primarily attributed to the spread of coronavirus across the globe derailing economic growth. Metals, realty, infrastructure, public sector, capital goods, auto, banks, Oil & Gas, as well as IT stocks have been under pressure. … [Read more...] about Editor’s Take | Sensex, Nifty crash over 3%: Know what led to market mayhem