March 20, 2024
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Chinese equities led gains in the Asian markets amid rally in property shares as major developer reached a solution with bondholders for its liquidity issues and Chinese government announced easing in some home buyinh curbs COMEX Gold extended losses as elevated US inflation hurt rate cut wagers further WTI Crude slipped below $83/bbl amid fading geopolitical premium as US Secretary of State Antony Blinken will step up efforts to persuade Israel to call off an attack on Rafah during a Saudi visit today LME base metals mostly trade higher as latest measures boosted optimism regarding property sector Chengdu, capital of Chinese southwestern province of Sichuan, will no longer review home buyers’ qualifications for real estate purchases from April 29, as per statement from housing authority issued Sunday (Bloomberg) This week, US and Chinese PMIs, US jobs data, and FOMC policy meeting to be watched Caution prevails as the Fed may de r a slightly hawkish tone Chinese equities led gains in the Asian markets amid rally in property shares as major developer reached a solution with bondholders for its liquidity issues and Chinese government announced easing in some home buyinh curbs COMEX Gold extended losses as elevated US inflation hurt rate cut wagers further WTI Crude slipped below $83/bbl amid fading geopolitical premium as US Secretary of State Antony Blinken will step up efforts to persuade Israel to call off an attack on Rafah during a Saudi visit today LME base metals mostly trade higher as latest measures boosted optimism regarding property sector Chengdu, capital of Chinese southwestern province of Sichuan, will no longer review home buyers’ qualifications for real estate purchases from April 29, as per statement from housing authority issued Sunday (Bloomberg) This week, US and Chinese PMIs, US jobs data, and FOMC policy meeting to be watched Caution prevails as the Fed may de r a slightly hawkish tone
Chinese equities led gains in the Asian markets amid rally in property shares as major developer reached a solution with...
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Infosys The company and ATP Renew Partnership until 2026 to Drive AI-first Innovations in Professional Tennis Cyient Cyient joins a rapidly expanding network of businesses as an eSync Alliance member. HAL The Company has signed an amendment to the LCA IOC Contract. The value of the Contract has been revised from Rs.2700.87 Crore to Rs.5077.95 Crore. Indiabulls Housing Finance Moody’s Investors Service has upgraded Indiabulls Housing Finance Limited’s long-term corporate family rating to B2/Stable from B3/Stable. Moody’s has also upgraded the company’s foreign and local currency ratings on its senior secured medium- term note (MTN) program to (P)B2 from(P)B3. HCC The board meeting to be held on March 12, 2024 inter alia to consider, discuss and decide various matters in connection with the Rights Issue, including the specific terms of the Rights Issue, such as the determination of the Rights Issue price and related payment mechanism, rights entitlement ratio, the record date and timing of the Rights Issue. Jupiter Wagons Ltd The Company has received an offer from Ministry of Railways to manufacture and supply of 2237 numbers of BOSM Wagons for a contract value of Rs. 956 crores LIC The company has increased its shareholding through private placement basis in LIC Mutual Fund Asset Management Limited, shareholding of the company in LIC MF has increased from 40.93% to 44.61% of the paid-up capital Exide Industries The company will invest Rs 70 crore in unit Chloride Metals to finance long-term capital requirements NLC India The government on Wednesday said that it plans to sell up to 7% stake in NLC India through an offer for sale, and has set the floor price for the same at Rs 212 a share. Tata Motors Moody’s Investors Service has affirmed its “Ba3” corporate family rating on Tata Motors, and also maintained “positive” outlook, following the automaker’s move to demerge the commercial and passenger vehicles businesses. Mahindra and Mahindra Mahindra and Mahindra clarified on reports that Prudential Media & Services is considering sale of company’s shares through block deal. UPL UPL’s arm UPL Corp Mauritius has entered into a share subscription agreement to set up a manufacturing complex in Saudi Arabia for the production of phosphate, cyanide and chlorine value added products
Infosys The company and ATP Renew Partnership until 2026 to Drive AI-first Innovations in Professional Tennis Cyient Cyient joins a...
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