Monday, February 3, 2020

Today's Sector News - 04.02.2020: 09.00 Am

Today's Sector News - 04.02.2020: 09.00 Am
KEEP REFRESH FOR NEXT UPDATE 

       தினமும் வீட்டில் இருந்து பணம் சம்பாதியுங்கள்                                           Click Here :- Register for Free Training
Whatsapp Number : 91-9094047040 / 91-9841986753
 RUPEEDESK - SHARE MARKET TRAINING 


* AVIATION: The Tatas appear to be moving closer to a decision to bid for Air India in partnership with Singapore Airlines and have already started working on the structure for such an acquisition—including a merger of AirAsia India, in which they hold 51%, and Air India Express, a 100% subsidiary of the government-owned national carrier.

* ECONOMY: Finance Minister Nirmala Sitharaman on Monday said the money that the government raises from disinvestment in state-owned companies will be used for spending on infrastructure.

* REGULATORY: SEBI has proposed that in case of any delay in an open offer, the acquirer will have to pay an additional 10% interest to all the shareholders over and above the offer price.

* TELECOMMUNICATION: The Budget, presented on Saturday, did not factor in the government's claims against telecom companies following a court verdict in its favour on calculation of adjusted gross revenue. The dues were not part of revenue estimates for 2019-20 (Apr-Mar) as well as 2020-21, Economic Affairs Secretary Atanu Chakraborty said.
- The Telecom Regulatory Authority of India has yet to get a reference from the telecom department
on the pricing of 26 GHz spectrum, Chairman R.S. Sharma said.

 Our Blog Information Learning purpose only 
    (Paper Trading Practice for Currency, Equity, Commodity Segment)
Register For Free Equity Tips Trial: http://rupeedesk.in/rupeedeskfree-calls