Tyre stocks

Tyre stocks under pressure after CCI slaps Rs 1,788-crore fine over cartelisation

Shares of most tyre manufacturers were under pressure in the morning trade on February 3 after the Competition Commission of India (CCI) slapped a Rs 1,788-crore fine on these companies for cartelisation. The fair-trade body found that five companies and the Automotive Tyre Manufacturers Association had jointly increased prices of cross-ply variant of tyres sold by each […]

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Airtel Africa inducted into London Stock Exchange's FTSE 100 index

Airtel Africa inducted into London Stock Exchange’s FTSE 100 index

Bharti Airtel on Thursday said its subsidiary Airtel Africa has been inducted into the London Stock Exchange’s (LSE) FTSE 100 index. Airtel Africa listed on LSE in June 2019 and had a market capitalisation of $ 7.5 billion on Wednesday. “This is a significant milestone for Airtel Africa which becomes part of FTSE 100 index in just two and half years of listing. Airtel […]

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Markets hit fresh highs as telecom, PSU stocks gain, Sensex near 59K

By Administrator_ India Capital Sands The Indian markets hit fresh record highs on Wednesday amid rally a tally in telecom and public sector undertaking stocks, with benchmark Sensex’s notching up its 41st record close for the year. The benchmark Sensex rose 476 points, or 0.8 percent, to end the session at 58,723. The Nifty, on the other hand, rose 139 points […]

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