Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Market / Stock-market-news/  Opening bell | Asian markets open lower; ICICI Bank, Piramal Enterprises in news
BackBack

Opening bell | Asian markets open lower; ICICI Bank, Piramal Enterprises in news

In other news, JSW Steel to acquire JSW Praxair Oxygen for ₹240 crore

A file photo of the BSE building in Mumbai. Photo: Aniruddha Chowdhury/MintPremium
A file photo of the BSE building in Mumbai. Photo: Aniruddha Chowdhury/Mint

US Fed official’s comments unsettle global equities

US markets closed lower. S&P 500 lost 0.55% to 2,178 points after US Federal Reserve officials stoked speculation over interest-rate increases, reports Bloomberg. Tracking the cues, Asian markets opened lower.

ED to register fresh case against Vijay Mallya

The Enforcement Directorate (ED) will register a fresh case against Vijay Mallya and Kingfisher Airlines Ltd to investigate whether they laundered money taken as loans, reports Mint.

Temasek buys shares in ICICI Bank

Temasek Holdings Pte bought 2.55 million American depositary receipts of ICICI Bank Ltd at the end of June, reports Bloomberg.

Piramal Enterprises buys contract drug maker

Piramal Enterprises Ltd has bought Ash Stevens Inc., a US-based contract developer and manufacturer of drugs, in an all-cash deal for $43 million (Rs.286 crore).

SBI may revise credit offtake projection later this year

State Bank of India Ltd (SBI) is likely to revise the credit offtake projection from the current level of 12% later this year, reports The Indian Express.

Whirlpool aims to double sales by 2020

Home appliances major Whirlpool of India Ltd aims to double its sales in India by 2020, reports Business Standard. According to the report, the company is diversifying its portfolio to increase sales in India.

JSW Steel to acquire JSW Praxair Oxygen

JSW Steel Ltd said it will acquire 74% stake in JSW Praxair Oxygen Pvt. Ltd for 240 crore in cash. Praxair produces industrial gases such as oxygen, nitrogen and argon. JSW Steel already holds 26% of Praxair.

Radico Khaitan Ltd, Philips Carbon Black earnings today

Radico Khaitan Ltd, Philips Carbon Black Ltd and Strides Shasun Ltd are some of the companies that will release their earnings for the June quarter today.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 17 Aug 2016, 08:03 AM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App