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BSNL, MTNL merger plan back: Merger talks between MTNL and BSNL initiated again by telecom dept as the firms are under financial stress due to increasing competition in telecom sector. Earlier there were talks of Jio picking the stake. MTNL and ITI will have positive...Daily newsletter
1. Cabinet approved a proposal to revive 50 unserved and under-served airports as well as airstrips at an estimated cost of Rs 4,500 crore to enhance regional connectivity. SpiceJet may rally on this development 2. Govt is chocking out on new coal linkage policy to...Daily newsletter
Key events that would drive markets 1. US fed yellen signaled that it is all set to raise the interest rate this month, if labor and economic data holds up. India rupee may be volatile in Mondays trading session. However, this is already factored in in to markets and...Daily newsletter
Rain industries is a stock to watch out for. Company is in to CTP and CPC. Both of these are used in aluminum industry. There is a deficit of pet coke in the industry because of the new Chinese air pollution law implemented last year. Both these products has seen...Daily newsletter
Real estate will be on focus today, due to recently announced DLF rental arm deal said to be valued at 14,000 cr. Company positioned in similar space, prestige estate would be on focus, as similar story can spill out here Positive. Yesterday there was a rally seen in...
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