Gold trading outlook: futures lower as dollar rises, data ahead
Gold futures were lower during early trade in Europe today, as investors look towards economic data to further strengthen speculation for an earlier than previously expected US rate hike. The US dollar hovered near a 13-month peak, weighing on havens. Gold futures for December delivery on the Comex... read more »
Sebi makes fresh attempt to locate Sahara investors
In a fresh attempt to identify investors eligible for refund from the Sahara Group, the Securities and Exchange Board of India (Sebi) has asked all such persons to submit their claims by next month even as the Lucknow-based conglomerate claims to have already returned the money to its bond... read more »
‘ITC Is India’s Most Admired Company’: Fortune
ITC has replaced IT giant TCS as the country’s most admired company, according to business magazine Fortune. ITC is followed by engineering and infrastructure major Larsen and Toubro (L&T), Hindustan Unilever, Maruti Suzuki and SBI among the top five most admired companies in India. The... read more »
Adani Group plans to invest $2 bn in Odisha power plant
Gautam Adani plans to invest $2 billion to build a 2,500 megawatt power plant in Odisha. The Gujarat-based Adani Group expects to ink a deal with theOdisha government in the next three-four months to set up a coal-based power plant in the state, a senior company official said Monday. The... read more »
