India, Sensex
June 19, 2020
184 views 11 secs 0

Sensex, Nifty rise on boost from Reliance

By Administrator_India Capital Sands   Indian shares rose on Friday and were on course to finish the week higher, boosted by a jump in Reliance shares after the oil-to-telecoms conglomerate said it had become net-debt free. The NSE Nifty 50 index rose 0.58% to 10,146.75, while the benchmark S&P BSE Sensex was up 0.51% at […]

Covid-19, India
May 27, 2020
190 views 2 mins 0

Reliance’s $7 Billion Rights Rings in New Trading Venue in India

By Administrator_India Capital Sands Reliance Industries Ltd., which popularized equities as an investment in the world’s second-most populous nation, is now the first to test a trading avenue in India with its record $7 billion rights issue. Introduced in January, the trading platform allows shareholders to sell their rights entitlement to others interested in subscribing […]

India
May 06, 2020
204 views 2 mins 0

India’s services activity collapses as coronavirus paralyses global economy

By Ritu, Capital Sands India’s services activity suffered a shock collapse in April as the coronavirus lockdown crippled global demand, causing a historic spike in layoffs and reinforcing fears of a deep recession in Asia’s third-largest economy, a private survey showed. The grim result for the industry, the engine of economic growth and jobs, underlined […]

Economic News, India
April 14, 2020
206 views 3 mins 0

India extends world’s biggest lockdown as coronavirus cases cross 10,000

By Administrator_India Capital Sands India extended on Tuesday a nationwide lockdown for its 1.3 billion people until May 3 as its prime minister warned of economic sacrifices to save lives as the number of coronavirus cases crossed 10,000. Sharp downward revisions to economic growth forecasts in the wake of the pandemic point toward sickening levels […]