Midnight News Update –Nov 27th 2017 The coming week is likely to be driven by 3 key events and announcements.  The F&O expiry falls on the last day of the month and that will evidence how much of the positions are being carried forward to the Read more [...]

What you need to know about the November 30th buyback The stock price of Infosys has been on an uptrend in the month of November and is up by nearly 10%. The immediate trigger appears to be the buyback of shares which opens on 30th November. Here is Read more [...]

The IBC gets a facelift, but will it defeat the entire process? The President of India gave his assent to an Ordinance to make amendments to the Insolvency & Bankruptcy Code (IBC). While the bill could have been passed in the Winter Session Read more [...]

Weekly Capsule (Nov20–Nov24) The President signs ordinance to amend the Bankruptcy Bill   The primary focus of the amendment will be to legally prevent the defaulters from taking control of the company The amendment also Read more [...]

Midnight News Update – Nov 22nd 2017 Reliance Industries has managed to raise $800 million at the lowest ever coupon rate for an Indian company at 3.66%. This was largely enabled by the Moody’s upgrade last week which has reduced India’s borrowing Read more [...]

 Midnight News Update – Nov 21st 2017 Reliance Industries has hit the forex debt market again with a plan to borrow $800 million. Reliance Jio has already sunk in nearly Rs.140,000 crore into the telecom space and is now relying on global funding Read more [...]

Midnight News Update – Nov 20th 2017 The government is seeking the surplus of Rs.13,000 crore from the RBI as additional dividend. It may recollected that this year the RBI dividend to government was reduced by Rs.30,000 crore. While Rs.17,000 crore Read more [...]