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S&P maintains India ratings at 'BBB-', says outlook stable

Standard & Poor’s on Friday maintained its sovereign score on India consistent at BBB-, whilst preserving its outlook for India stable, assets instructed ET Now. The transfer via the ratings company dashed hopes of home inventory marketplace traders who driven BSE barometer Sensex for a 7th consecutive buying and selling …

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Hong Kong, Shanghai stocks up after sell-off

AFP| Nov 24, 2017, 02.05 PM IST Hong Kong stocks bounced again on Friday from the day before today’s losses, whilst Shanghai edged up after a pointy drop, however investors remained on edge over China’s crackdown on speculative making an investment. The Hang Seng Index added zero.53 p.c, or 158.38 …

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Edelweiss Financial Services raises Rs 1,528 crore via QIP

MUMBAI: Edelweiss Financial Services (EFSL) these days mentioned it has raised Rs 1,528 crore throughout the certified establishment placement (QIP) direction. The QIP used to be subscribed via overseas in addition to home traders like CDPQ, Fidelity, Goldman Sachs, Nomura, HDFC Mutual Fund, Kotak and Birla MFs. “Investors in Edelweiss …

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Market Now: Over 85 stocks hit fresh 52-week highs

NEW DELHI: Benchmark NSE Nifty index used to be as soon as purchasing and promoting 36.90 problems up at 10,385.65 on Friday at spherical 1.03 pm (IST). Shares of KSS, Zuari Global, Royal Orchid, Weizmann Forex, Rane (Madras), Praj Industries, MIRC Electronic, Quess Corp, Puravankara Prj and N Okay Industries …

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Offroad shift, output rise to drive Ceat’s earnings

ET Intelligence Group: Ceat may just harness its ‘born tough’ credentials to garner for itself a good proportion within the off-highway tyres (OHT) industry – and stretch its working margins and top class valuations within the cut price. High margin OHT may have an expanding proportion in overall revenues at …

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Swaraj Engines soars 16% as board considers share buyback

NEW DELHI: Shares of Swaraj Engines jumped over 16 in keeping with cent in Friday’s business after the corporate mentioned it used to be taking into consideration a share buyback proposal. The announcement used to be made after marketplace hours of Thursday. Following the advance, the inventory rose 16.49 in …

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