Sunday, February 2, 2020

Budget 2020: PSU insurers’ recapitalisation may be inadequate; delay merger, IPO

Budget 2020: PSU insurers’ recapitalisation may be inadequate; delay merger, IPO The merger and subsequent IPO of Oriental Insurance, United Insurance and National Insurance could be further delayed due to lower funds

from Moneycontrol Business News https://www.moneycontrol.com/news/business/budget-2020-psu-insurers’-recapitalisation-may-be-inadequate-delay-merger-ipo_13445321.html

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Adani Group stocks slide up to 14% on US SEC heat

Adani Group stocks saw a sharp decline on Friday. This followed news that the US SEC is seeking court permission to email summons to founder...