AGS may be first ePayments firm to go public
AGS is the second largest company in India in terms of number of ATMs deployed.
Month: August 2018
IPOs that see big listings gains quickly go into long hibernation
Stocks with strong listings tend to lose steam after six months of their debuts.
Mrs Bectors Food Specialities files for Rs 800 crore IPO
The IPO will see sale of shares to the tune of Rs 800 crore by existing shareholders and promoters.
Carlyle starts preparations for $5 billion listing of chemicals group Atotech
For Carlyle, it’s about taking some money off the table and using it ahead of a potential correction of stock markets.
Mazgon Dock Shipbuilders gets Sebi nod for IPO
Going by the draft papers, Mazagon will see sale of over 2.24 crore equity shares by the government.
Sensex, Nifty wobbly; Hind Zinc, SBI, Force Motors most active
Asian Paints, SBI, Tata Motors, HUL and Maruti Suzuki are top gainers while ONGC, Axis Bank, MM, Bajaj Auto and Hero MotoCorp are major losers in the Sensex.
Moneycontrol Exclusive: Govt plans overhaul of tax administration for smooth GST rollout
The government has readied plans for a major change in India’s tax administration structure, including overhauling the Central Board of Excise and Customs (CBEC) to ensure a glitch-free roll-out of a nation-wide goods and services tax (GST).
Bond bull market may pause but is far from over: Expert
The benchmark 10-year government-security yield remained stuck in 8-7.5 percent range through all of 2015 and half of 2016, moving lower to sub-7 percent only when the RBI promised in April to reduce the system’s liquidity deficit. The yield may now fall more.
Automation threatens 69% jobs in India: World Bank
“In large parts of Africa, it is likely that technology could fundamentally disrupt this pattern. Research based on World Bank data has predicted that the proportion of jobs threatened in India by automation is 69 percent, in China it is 77 percent and in Ethiopia, the percentage of jobs threatened …
Scope for meaningful rate cuts going ahead: Neelkanth Mishra
Credit Suisse’ Neelkanth Mishra expects repo rate to fall to a decade low in the coming quarters. He says that beginning December the market may see a robust and widespread pick-up which may boost indices.