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Ashok Gehlot takes oath as Rajasthan CM, Sachin Pilot as deputy

Monday, December 17, 2018, 8:30 PM

Senior Congress leader Ashok Gehlot took oath as Rajasthan CM while state party chief Sachin Pilot was appointed as his deputy in a ceremony that turned into a show of strength for Opposition unity. Governor Kalyan Singh administered the oath of office to Gehlot at the historic Albert Hall. Gehlot has become the fourth leader to hold the CM's post for the third time.
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FIIs outflows near Rs 1 trillion so far in 2018

Monday, December 17, 2018, 8:17 PM

Foreign investors' portfolio investments have long been known as 'hot money' that comes in fast but can go-out even faster and it is the outward journey that seems to be the underlying theme for the Indian capital markets as 2018 draws to a close, with net outflows nearing the Rs.1L Cr mark. Before 2018, FPIs were net buyers of Indian equities for six-consecutive years.
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4 years since Senvion sale, turnaround continues to elude Suzlon

Monday, December 17, 2018, 8:15 PM

Shares of Suzlon Energy Ltd gained 3.8% last week after the Economic Times reported that the company is in talks to sell stake in its services unit to pare debt. The company also said it has won a 50.4 megawatt (MW) order. It is part of the pipeline of orders Suzlon indicated earlier. With this, Suzlon's order backlog rises by 4.8% to 1,107MW.

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