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ICICIdirect Research Posted on 09:06am 10-Jun-2021

The Gail CMD said natural gas consumption in April and May was down 10-15% compared to 50% dip last year...

Also, the company is planning to bid for 400 MW capacity along with Bhel in Solar Energy Corporation of India (Seci) tender in order to build clean energy portfolio, according to Mint. Click on the title to read key market updates...
Latest Updates

ICICIdirect Research Posted on 09:06am 09-Jun-2021

The National Asset Reconstruction Company (NARCL) is in the process of finalising its core team...

and has invited quotes from a professional recruitment agency to help it in the hiring process, as it gears up for launch in July this year, according to Business Standard. Click on the title to read key market updates...
Latest Updates

ICICIdirect Research Posted on 09:02am 04-Jun-2021

Sebi has revised the overseas investment limit for mutual funds (MFs)...

The market regulator said in a circular that MFs can make overseas investments up to | 100 crore each. MFs had made representations to the regulator to increase the investment limit. Last November, Sebi had enhanced the overseas investment limit from $300 million per mutual fund to $600 million. Click on the title to read key market updates...
Latest Updates

ICICIdirect Research Posted on 08:58am 03-Jun-2021

Bharti Airtel informed the stock exchanges that it has divested tower portfolio belonging to Airtel Tanzania...

To a JV owned by independent tower company SBA communications. The transaction value was US$175 million for portfolio of 1400 towers. Click on the title to read key market updates...
Latest Updates

ICICIdirect Research Posted on 09:13am 31-May-2021

According to ICRA, toll collection on national highways is likely to fall by 25-30% in May over last month...

As a fall out of the lockdown and restrictions imposed by several states to contain the spread of coronavirus. In April too, toll collection fell 10% over March. However, with fall in number of Covid cases from third week of May, states are expected to relax lockdown restrictions in a gradual manner which is likely to ramp-up toll collections from June onward. Click on the title to read key market updates...