• Indonesia Cuts Interest Rates For First Time In Nearly 2 Years 18 Jul 2019 13:23 Indonesia's central bank cut its key interest rate for the first time in nearly two years and signaled more easing in future, joining its peers who have reduced rates ahead of a possible rate cut from the US Federal Reserve. The Board of Governors, led …
  • Rupee skids for 3rd straight day; settles 15 paise down at 68.97 vs USD 18 Jul 2019 12:38 Mumbai, Jul 18 () The rupee depreciated by 15 paise to close at 68.97 against the US dollar Thursday, amid heavy selling in domestic equities and rising crude oil prices. The rupee opened on a positive note but failed to sustain the gains and settled for …
  • Deals Buzz: Greenko Group in talks to raise up to $1 billion in dollar bond sale 18 Jul 2019 04:57 Mumbai: Mint brings you your dose of the top deals news, reported from newsrooms across the country. Greenko Group in talks to raise up to $1 billion in dollar bond sale Renewable energy firm Greenko Group is meeting investors to raise up to $1 billion in …
  • Market pricing in a 50-bps interest rate cut by RBI 18 Jul 2019 04:06 Reuters The fall in India’s bond yield reflects higher probability of interest rate cuts in the near term by the Reserve Bank of India. ET Intelligence group: With the benchmark 10-year bond yield at 20-month low, the Indian bond market has emerged as the …
  • Yatra to merge with Ebix arm 17 Jul 2019 22:03 Ebix had announced commencement of the due diligence process in March this year. Chennai: US software firm Ebix will acquire Nasdaq-listed domestic travel service provider Yatra Online for an enterprise value of $337.8 million, or around Rs 2,325 crore. As …
  • Wipro Limited (WIT) CEO Abidali Neemuchwala on Q1 2020 Results - Earnings Call Transcript 17 Jul 2019 19:47 Wipro Limited (NYSE:WIT) Q1 2020 Earnings Conference Call July 17, 2019 9:45 AM ET Company Participants Aparna Iyer - Vice President and Corporate Treasurer Abidali Neemuchwala - Chief Executive Officer Jatin Dalal - Senior Vice President and Chief …
  • Ebix acquires Yatra for an enterprise value of $337.8 million 17 Jul 2019 18:04 MUMBAI: Ebix Inc., a supplier of on-demand software and e-commerce services, said on Wednesday that it has acquired online travel portal Yatra Online Inc., for an enterprise value of $337.8 million, in an all stock transaction. “We see the deal as a …
  • Thomas Cook India honoured with 'India Travel Partner of the Year 2018' Award by SAP Concur 17 Jul 2019 15:48 Thomas Cook (India) Ltd., India's leading integrated travel and related financial services company, was honoured with the "India Travel Partner of the Year 2018" Award by SAP Concur at the recently concluded India Partner Ascend, 2019. The …
  • Ebix acquires Yatra for $239 million in travel services push 17 Jul 2019 13:47 Mumbai: Nasdaq-listed Ebix Inc., a supplier of on-demand software and e-commerce services, said on Wednesday it has acquired online travel portal Yatra Online Inc., for an enterprise value of $239 million, in an all-stock deal. Ebix acquires Yatra for $239 …
  • Rupee falls 11 paise to 68.82 vs USD on foreign fund outflows 17 Jul 2019 13:10 New Delhi, Jul 17 () The rupee depreciated by 11 paise to close at 68.82 against the US dollar Wednesday due to foreign fund outflows and rising crude oil prices. Forex traders said cautious trading in the domestic equity markets also weighed on the local …
  • Sridhar Sivaram on sectors to buy and avoid in next five years 17 Jul 2019 07:37 Banking and discretionary consumption would still remain top sectors to buy into in the next five years, says Sridhar Sivaram, Investment Director, Enam Holdings. IT and power utilities could prove to be the sectors to avoid. Excerpts from an interview …
  • The good, bad and ugly of Finance Minister Nirmala Sitharaman's dollar dreams  17 Jul 2019 07:14 Express News Service HYDERABAD: "We are maxed out," sighed investors. The centre, states and PSUs have been borrowing recklessly and owe Rs 90 lakh crore to individuals, mutual funds, insurers, provident and pension funds, banks and foreign …
  • Rupee slips 9 paise to 68.80 vs USD in early trade 17 Jul 2019 05:49 Mumbai, Jul 17 () The rupee opened on a cautious note and fell 9 paise to 68.80 against the US dollar in early trade Wednesday amid rising crude oil prices and foreign fund outflows. At the Interbank Foreign Exchange, the rupee opened at 68.69 then fell to …
  • Where does the buck stop? 16 Jul 2019 23:27 A frequent topic of both serious investment commentators and some of the darker corners of the internet is the future of the US dollar as the dominant global currency. While some believe its decline is imminent (and has been for many years), evidence …
  • Rupee falls 17 paise against USD on rising crude, capital outflow 16 Jul 2019 13:12 Mumbai, Jul 16 () The rupee on Tuesday depreciated by 17 paise to close at 68.71 against the US dollar due to rising crude oil prices and foreign fund outflows. A strengthening US dollar against major currencies overseas also weighed on the rupee sentiment …
  • Domestic catalysts hint at positive outlook for Indian bonds in short term: DBS 16 Jul 2019 09:56 Despite the recent correction in Indian bond yields, domestic catalysts suggest a largely positive outlook for the bond market in the short-term, a report said Tuesday. Global drivers are also supportive as US yields harbour expectations of a dovish US Fed …
  • Rupee opens 5 paise down at 68.59 vs USD 16 Jul 2019 04:43 Mumbai, Jul 16 () The rupee depreciated marginally by 5 paise to 68.59 against the US dollar in early trade Tuesday as the country's exports entered the negative zone after a gap of eight months. At the interbank forex market, the rupee opened weak at …
  • POSCO Network Announces its Version 1.1 Launch 16 Jul 2019 01:38 Jul 15, 2019 (AB Digital via COMTEX) -- Posco Network, an investment and trading firm started by a passionate team of Japanese technology investors, who have been involved in futuristic avenues likes forex, commodities, Cryptocurrency, artificial …