L&T Finance Holdings to get Rs 708 cr from Bain Capital
L&T Finance Holdings , the subsidiary of engineering & construction major Larsen & Toubro, will get Rs 708 crore from Bain Capital by issuing preferential shares and warrants. “The board of directors in today’s meeting has approved a preferential allotment of equity... read more »
Why ONGC, Oil India Are Likely to Come Under Pressure
Shares of ONGC and Oil India are likely to come under pressure from October 1 as natural gas prices in India may fall below $4.2 per mmBtu (million British thermal unit) from $5.18 per mmBtu now according to reports. As per the mechanism approved in October 2014, price of domestically produced... read more »
Hiring activity up 13% in August, says Naukri survey
In what can be seen as a reason for optimism among job seekers, hiring activity has increased 13 per cent in August 2015 against the same month last year, a survey said. According to the Naukri Job Speak Index for August this year, banking and financial services recorded the maximum increase (26... read more »
Gold hovers near three-week high as equities slip
Gold held close to its highest level in nearly three weeks on Monday, boosted by safe-haven demand after the Federal Reserve’s move last week to leave US interest rates unchanged weighed on global equities. Spot gold was steady at $1,138.90 an ounce by 0640 GMT, after gaining 3% in the... read more »
