Creditors of Reliance Communications are expected to meet on 24 February to vote on Reliance Jio’s bid for assets worth Rs.4700 crore. The meeting will also consider a bid received from UV Asset Reconstruction Company. UV has made a much higher bid Read more [...]

Trigger for the Week How will it impact? Government likely to announce telecom fund for AGR This is likely to be a positive yet revenue-neutral deal for telcos to borrow and pay up their AGR dues MPC minutes clearly hint at Read more [...]

Chinese Coronavirus magnifies the problems for Indian pharma An elaborate report by CNN had clearly brought out that Indian pharma industry could be the most vulnerable to the Chinese Coronavirus pandemic. It only magnified the already existing problems Read more [...]

Sharp fall in savings rate could have long term consequences In the midst of all the chatter about the Coronavirus, the impending Trump visit and rising inflation; most readers missed out an extremely important data point. India’s savings rate has Read more [...]

MPC minutes show a clear preference for inflation over growth The MPC minutes announced by the RBI on 20th February showed consensus among the 6 members about the need to go slow on rate cuts. MPC has shown a clear preference for inflation control over Read more [...]

News Announcement Impact Analysis Trump keeps India guessing on trade deal ahead of state visit Trump has hinted that an elaborate trade deal with India could happen closer to the US elections later in 2020 Trump has been demanding Read more [...]

The sharp 429 points bounce in the Sensex and the Nifty closing above the 12,100 mark was largely driven by the heavyweights like RIL and HDFC. Of course, telecom provided the much needed impetus to the markets. With the government almost looking Read more [...]

The deal to sell 20% stake in Reliance refining business to Saudi Aramco has picked up steam. The proposal was first announced in August 2019 valuing the overall refining and petchem business at $75 billion with the 20% stake at $15 billion. RIL is keen Read more [...]