Saturday, September 29, 2018

No clarity on ILFS rights issue at AGM; shareholders against distress sale of assets

No clarity on ILFS rights issue at AGM; shareholders against distress sale of assets The board of Infrastructure Leasing Finance Services (ILFS), headed by ex-LIC chairman S M Mathur, is scheduled to meet here this evening to decide on the rights issue.

from Moneycontrol Business News https://ift.tt/2NQykj2

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...