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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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 ...