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CIL officers protest pay disparity

2017-11-23 thehindubusinessline
Coal India officers, who are demanding salaries on par with officers of other Maharatna PSUs, will meet on November 25 to decide on their next course of action. (5-0)

CESC gains 3%; Motilal Oswal retains Buy, sees 34% upside as demerger to unlock value

2017-11-22 moneycontrol
Motilal Oswal has maintained its buy call on CESC and expects the stock to rally 34 percent to hit its target price of Rs 1,360 per share, citing the expected demerger into four separate businesses. (5-0)

In mid-cap space, mutual funds bullish on NLC, Apollo Tyres

2017-11-21 thehindubusinessline
The mutual fund industry has lapped up the offer-for-sale of NLC India (formerly Neyveli Lignite Corporation) made by the government last month. (35-0)

Coal India may double supplies of coal for nearby consumers via road transport

2017-11-21 moneycontrol
Coal India is planning to double supplies to power generators within a radius of 60 km of its mines by increasing the transportation of coal via road to meet the shortages at plants, reported Economic Times.  (5-0)

Market Update: Maruti, United Spirits hit new 52-week high; Tech Mahindra up 2%; LT Finance falls 3%

2017-11-21 moneycontrol
The Indian benchmark indices on Tuesday morning were trading on a positive note with the Nifty up 33 points or 0.34 percent while the Sensex gained 124 points at 33484. (22-0)

Centre raises ₹14,500 cr from Bharat-22 ETF

2017-11-20 thehindubusinessline
The Centre’s PSU disinvestment plan got a big boost with the Bharat-22 Exchange traded Fund (ETF) subscribed four times and raising ₹14,500 crore. (15-0)

Cement stocks crack on petcoke ban

2017-11-20 business-standard
Share prices of cement companies fell sharply on Monday, on Friday's order of the Supreme Court reiterating the ban on use of petcoke in Delhi and the rest of the National Capital Region, to control pollution. The SC has clarified that the ban is applicable across Rajasthan, Haryana and Uttar Pradesh, too. (5-0)

Govt raises Rs 14,500 cr from Bharat-22 Exchange Traded Fund

2017-11-20 freepressjournal.in
New Delhi: The government has raised Rs 14,500 crore through the Bharat-22 Exchange Traded Fund (ETF), comprising 22 companies, a top official said today. (15-0)

Sensex, Nifty end flat but Midcap outperforms; metals, realty shine; cement stocks dip

2017-11-20 moneycontrol
It was a lacklustre session for equity benchmarks after a nearly 600-point rally on the Sensex in previous two consecutive sessions, but broader markets continued to rally on Monday. Investors digested Moody's India rating upgrade and focussed on global cues. (28-0)

Market Update: GAIL, Yes Bank top Nifty gainers; ICICI Bank falls 2%, IndusInd, HDFC most active

2017-11-20 moneycontrol
The Indian benchmark indices on Monday afternoon wiped out of of its morning gains and were trading in the red with the Nifty down 2.8 points while the Sensex was down 22.71 points at 33320. (20-0)

Market Update: ICICI, PNB drag Bank Nifty lower; Maruti, United Spirits hit new 52-week high, Idea up 4%

2017-11-20 moneycontrol
The Indian benchmark indices on Monday afternoon wiped out of of its morning gains and were trading flat with the Nifty down 1 points while the Sensex was up 4 points at 33347. (18-0)

News Live: BJP releases 1st list of 70 candidates for Gujarat Assembly polls

2017-11-17 moneycontrol
Ace investor, Rakesh Jhunjhunwala, Partner, Rare Enterprises said the ratings upgrade by Moody’s earlier on Friday did not come as a surprise for him but, it could be for those who were criticising efforts made by the Modi government to revive the economy. “I see the economy growing by 7.5-8% by next year. Most importantly, it is a recognition of the fact that however disruptive in the short term the measures were, all the actions which the government took were correct, bold and required,” he said. (12-0)

News Live: It is encouraging to see international recognition on reforms, Jaitley on Moody’s upgrade

2017-11-17 moneycontrol
Ace investor, Rakesh Jhunjhunwala, Partner, Rare Enterprises said the ratings upgrade by Moody’s earlier on Friday did not come as a surprise for him but, it could be for those who were criticising efforts made by the Modi government to revive the economy. “I see the economy growing by 7.5-8% by next year. Most importantly, it is a recognition of the fact that however disruptive in the short term the measures were, all the actions which the government took were correct, bold and required,” he said. (12-0)

Sensex zooms 414 points after Moody’s ups India rating

2017-11-17 freepressjournal.in
Mumbai: The BSE Sensex today skyrocketed 414 points to 33,521 and the NSE Nifty raced past 10,300 as banking stocks led a solid rally after Moody’s upgraded India’s sovereign credit rating. (50-0)

News Live: United Spirits seeks to recover Rs 1.8k cr from United Breweries, says report

2017-11-17 moneycontrol
In an arbitration case fought between Diageo owned United Spirits (USL) and United Breweries Holdings (UBHL), the former had claimed a recovery of around Rs 1,800 crore including interest from Vijay Mallya’s holding company after it defaulted between 2010 and 2013, sources told The Economic Times. The ongoing arbitration in Bengaluru, which was to be concluded in few months, has now been extended by six months. (14-0)

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