Dollar/rupee ended over one-week high Tuesday

Manoj Kumar Jain Director & Head of Commodity Research, IndiaNivesh NiveshDaily Currency Dollar/rupee ended over one-week high Tuesday on buying by nationalized banks likely on behalf of oil importers amid likely $1... Read more »

Market summary for ICEX Steel, Diamond and Rubber future contracts ended on January 8 at 11.55 pm

ICEX Steel future: Physical market at Mandi Gobindgarh  opened at Rs. 33,300  traded in the range of Rs. 33,400 – 33,300/ton and settled at Rs. 33,300/ton. Ghaziabad market traded  at Rs. 32,200/ton.... Read more »

AION Capital acquires InterGlobe Technologies

Affiliates of AION Capital Partners has announced that they have acquired InterGlobe Technologies, a leading Global Travel BPM, Technology and Digital Services company.   AION Capital is an India focused private equity fund with USD 825 million in committed capital.  AION... Read more »

Zen Cruises launches Jalesh – India’s premiere cruise line

India’s premiere domestic and international cruise business, Zen Cruises launched its first brand, Jalesh Cruises – a multi-destination cruise line to offer the best of entertainment shows, adventure activities and exotic authentic... Read more »

Israel’s polished-diamond exports stabilizes in 2018

Diamond News: i. Israel’s polished-diamond exports witnessed stabilizing in 2018 after three years of contractions. According to data published by Ministry of Economy and Industry, shipments slipped 2.5% to $4.48 billion for... Read more »

Bandhan Bank and GRUH Finance announce merger

The Board of Directors of Bandhan Bank Limited and GRUH Finance Limited approved the merger of GRUH into Bandhan Bank. The merger would be subject to regulatory and shareholder approvals. The share... Read more »

Essar Global repays all debt to Indian and foreign lenders

Essar Global Fund Ltd (Essar Global), the holding company of the Essar Group of companies, reached yet another milestone in deleveraging by repaying the last tranche of debt of Rs 12,000 crore... Read more »

Central Bank of Kuwait Modernizes Its Technology Platform with TCS BaNCS

Tata Consultancy Services has announced that the Central Bank of Kuwait (CBK) is now operational on TCS BaNCS, its flagship banking platform that helps financial services institutions embrace open and innovative technologies... Read more »

Gold trades cautiously ahead of US-China trade talk outcome

Manoj Kumar Jain Director and Head of Commodity Research, IndiaNivesh Securities Limited Both the precious metals were traded range bound in international markets on Monday. Gold settled at $1289.90 per troy ounce... Read more »

NiveshDaily Currency : Dollar/rupee ended near one-week low Monday

Seema Yadav  Research Analyst, IndiaNivesh Securities Limited Dollar/rupee ended near one-week low Monday on selling by foreign banks tracking a weak greenback after dovish comments from Federal Reserve Chair Jerome Powell. Technical, USDINR... Read more »