Tag Archives: STX

BENGALURU, July 25 (Reuters) – Shares of Indian conglomerate ITC (ITC.NS) shares fell as much as 3.3% on Tuesday, extending a slide from the previous session, as investors baulked at the company’s plans to retain a 40% stake in its hotels business after spinning it off. ITC said on Monday …

MUMBAI, July 24 (Reuters) – India’s markets regulator will consider permitting the delisting of companies via fixed price instead of the reverse book-building procedure, Chairperson Madhabi Puri Buch said on Monday. The Securities and Exchange Board of India (SEBI) will issue a discussion paper on the subject by December, the …

BENGALURU, July 24 (Reuters) – Shares of Reliance Industries (RELI.NS), India’s largest company by market capitalization, fell nearly 3% on Monday after the conglomerate posted a bigger-than-expected drop in its first-quarter profit late on Friday. Weak demand and a steep fall in refining margins impacted the company’s flagship oil-to-chemicals (O2C) …

BENGALURU, July 24 (Reuters) – Indian shares are set to open lower on Monday, tracking Asian peers, amid caution ahead of key corporate earnings and central bank meetings due later this week. India’s GIFT Nifty on the NSE International Exchange was down 0.11% at 19,744, as of 8:03 am IST. …