Monday, December 31, 2018

PSU share sale hits record high of Rs 77,417 cr in 2018; Air India sale next on agenda

PSU share sale hits record high of Rs 77,417 cr in 2018; Air India sale next on agenda The BJP-led NDA, which in its previous stint privatised the most number of PSUs ever, continues to shy away from the outright sale of bluechip state firms to the private sector in the present regime and is instead pursuing a newfound strategy of merging companies to meet its revenue targets.

from Moneycontrol Business News http://bit.ly/2Aj2e6H

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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 ...