European equities rose at the open, reversing some of their recent sharp losses, as markets awaited developments in the trade dispute between the US and China, whose central bank called for investors to remain calm.
Markets ended higher on Wednesday despite mixed cues from their Asian peers amid ongoing trade war tensions between the US-China.
Shares of Wheels India hit a new high of Rs 2,690 per share, rising 11% from its previous close. The stock has surged 30% in past two trading sessions after the company announced that its board will consider a bonus issue proposal in their forthcoming board meeting on Friday, June 22, 2018.
Engineering conglomerate Larsen & Toubro (L&T) has written to the NITI Aayog raising concerns over the recent submarine project award to public sector owned Mazagon Dock Shipbuilders on a nomination basis, according to people with direct knowledge of the development.
The first six months of calendar year 2018 (CY18) has seen 28 companies announce buyback plans aggregating Rs 213 billion with Tata Consultancy Services (TCS), Kaveri Seed Company and Jagran Prakashan planning a buyback of their shares for the second consecutive year.
Baba Ramdev’s Patanjali is on a hiring spree. The Haridwar-based company is looking to “urgently” hire thousands of youth across the country.
ATM withdrawals from 66 different banks have been over Rs 2.65 lakh crore in April 2018, up 22% from the same period last year, the Reserve Bank of India data showed.
The further fund offer (FFO) of Bharat-22 exchange-traded fund (ETF) has been opened for subscription by non-anchor investors on Wednesday.