EOD Update 19-03-2019

Aegis Insurance may look at buying additional 23% stake from IDBI Bank in IDBI Federal Life Insurance: Sources

TCS: Bags Order From Offshore Drilling Co Seadrill, To Support Seadrill’s Global I.T. Ops Across Businesses

Anil Ambani Group Shares Rally After Repayment Of Dues To Ericsson

Reliance Group companies surged after Reliance Communications repaid dues to Swedish telecom giant Ericsson a day before a Supreme Court deadline.

L&T Buys 20.3% Stake In Mindtree For Rs 10,730 Crore

L&T will buy the stake from Cafe Coffee Day founder V.G. Siddhartha and companies related to him, Coffee Day Enterprises and Coffee Day Trading, L&T said late on Monday.

Hotel Leela Venture locked at upper circuit on sale of hotel properties for Rs 3,950 cr
There were pending buy orders of 1,059,544 shares, with no sellers available

Amazon India, Flipkart preparing to enter India’s Rs 35,000-crore online insurance market: Report
Both the companies will provide standalone insurance products and also weave it into their various verticals

Mindtree Rejects Hostile Bid From L&T, Calls Offer “Value Destructive”

L&T said late Monday it would buy a fifth of Mindtree for roughly $475 million and that it wanted to raise its stake to 66% spending Rs 10,730 crore

Economists Raise Concerns Over Growth Slowdown With RBI Chief: Report

Neither RBI Governor Shaktikanta Das nor any RBI official from the monetary policy department gave any indication of their thoughts or views, as is typical in such big-group meetings.

Jet Airways Lessors Offer 50 Grounded Aircraft To SpiceJet: Report

Jet Airways is regularly grounding its aircraft as it is unable to pay the dues to its lessors.

Vikesh Kumaar Kataria

Experienced Founder of Brokers Bazaar with a demonstrated history of working in Skilled in RMS from various big corporate giants, Analytical Skills, Banking, Entrepreneurship, Digitalisation and Equities with Strong entrepreneurship professionalism. Experienced Co-Founder with a demonstrated history of working in the logistics and supply chain industry.

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