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Mkt ends on a new high; outperforms Asia |
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The markets ended on a new high outperforming most of its Asian peers. Asian markets closed in red and even Europe was trading weak after the Fed cut rates by 25 bps disappointing analyst who were expecting a 50 bps cut... |
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TDSAT order on spectrum setback for GSM players |
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According to the TDSAT order, spectrum will be allotted to all eligible participants. CNBC-TV18's Sandeep Gurumurthi reports that the TDSAT order has come as a really a big blow for GSM operators. There will be no spectrum allotment... |
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SAT vacates stay order on Essar Steel delisting |
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SAT has vacated the interim stay order on the delisting of Essar Steel. Essar Steel will delist after trading on December 14, reports CNBC-TV18. Essar Steel delisting price was fixed at Rs 48 per share... |
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TV18 acquires strategic control in Infomedia India |
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TV18 has acquired at least 53% stake in Infomedia India Ltd., from an ICICI Venture managed fund. A company press release reported that the stake shall be purchased in a staggered manner 40% immediately, ... |
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