Global Markets: Equities, commodities dented by trade war worries

Mar 23 2018 | 39 mins ago

The threat of a global trade war pushed benchmark equity indexes in the US and Europe deep into the red on Thursday.

Trump's lead lawyer in Russia investigation resigns

Mar 23 2018 | 1 hrs ago

John Dowd, US President Donald Trump's lead lawyer who was handling investigation into alleged Russia meddling in the 2016 presidential election, has resigned.

Trump sets China tariff plan, edges away from global trade war

Mar 23 2018 | 2 hrs ago

US President Donald Trump signed a presidential memorandum on Thursday that could impose tariffs on up to $60 billion of imports from China.

Union rejects Deutsche Telekom pay offer

Mar 22 2018

Deutsche Telekom’s (DTEGn.DE) proposed pay deal for 55,000 of its workers in Germany was rejected as inadequate by the Verdi services union.

Trump administration eyes tariffs on $50 billion in Chinese goods

Mar 22 2018

Trump will sign a presidential memorandum on Thursday to potentially slap tariffs on $50 billion in Chinese imports over forced transfer of intellectual property.

Indian Markets


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Global Markets


Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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