Opening bell: Asian markets open higher; JSW Steel, Union Bank, M&M in news | Indian Share Market

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Opening bell: Asian markets open higher; JSW Steel, Union Bank, M&M in news

JSW Steel explores tie-ups to acquire stressed assets, while M&M plans to expand footprint in Rs1,000 crore e-rickshaw market

US stocks end higher; Asian markets follow suit

US stocks rose on Monday as Wall Street bet tax cuts would keep economic expansion going.

Asian markets were higher in early trade, following the lead from Wall Street overnight amid strong economic data

JSW Steel exploring tie-ups to acquire stressed assets

Sajjan Jindal-controlled JSW Steel Ltd may team up with external investors to set up a platform for acquiring distressed assets, reports Mint.

GST rate cut: FMCG firms asked to update MRPs immediately

Central Board of Excise and Customs (CBEC) chairperson Vanaja Sarna has written to fast-moving consumer goods (FMCG) companies asking them to immediately revise the maximum retail price (MRP) on all products in line with the GST rate cut announced by the GST Council on 10 November.

Union Bank of India starts roadshows abroad for Rs2,000 crore QIP

Union Bank of India has started roadshows for its Rs2,000 crore qualified institutional placement (QIP), reports Mint.

AT 9.43 am: Market Live: Sensex gains 100 pts, Nifty above 10,300 at open; Quess Corp up 8%
Quess Corp was up 8 percent after acquisition of 51 percent equity stake in Tata Business Support Services Limited.

source: livemint.com

 

 

 

 

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