L&T

Tower Talk – March 08 – 15, 2019

Shriram Transport Finance intends to tap the overseas market in dollar-bond sales to meet its capex plans. Buy. Reliance Jio has bought majority stake in Haptik (an artificial intelligence firm) for ~Rs.700 crore. A positive for its parent company – Reliance Industries. Buy. JK Tyre & Industries has made a preferential allotment of Rs.200 crore Read More

News of the day – 04 Apr 2019

Business Standard Ø  Moscow Exchange signs deals with Indian bourses to attract investors Ø  New investment proposals in 2018-19 lowest in 14 years Ø  Sebi defers UPI for retail IPO investors till June 30 Ø  Naresh Goyal agrees to conditions laid down by lenders Ø  Southwest Monsoon to be below normal this yr: Skymet Ø  Centre pays sovereign guarantees for IL&FS Read More

News of the day – 01 Apr 2019

Economic Times Business Standard Ø  75 power companies have debt of Rs 2.24 lakh crore Ø  Welspun Corp to sell assets worth Rs 940 crore Ø  India to be among top-10 media markets by 2021: Study Ø  ILFS Securities files case against Delhi Police’s EOW Ø  Govt notifies new accounting standard on leases Ø  DGH Read More