You are here: » Home » Stock Market News » Indian Stock Market News

Indian Stock Market News News

This is the category page for all Indian Stock Market News news here on stocktrader.org.uk...

Maruti Suzuki closes Indian plant after violence erupts

Storey Link: Maruti Suzuki closes Indian plant after violence erupts

Indian-based car manufacturer Maruti Suzuki has closed its plant in Manesar after clashes last week left 85 people injured and one official dead. The violence and subsequent closure has seen shares in the joint operation between Suzuki Motor Corporation and Maruti tumble by five per cent. The firm’s chairman, RC Bhargava, said at the...

Price fears cause ONGC share sales to slightly miss target

Storey Link: Price fears cause ONGC share sales to slightly miss target

As reported by the BBC, the Indian government's efforts to sell a 5 per cent share in the Oil and Natural Gas Corporation slightly missed the set target amid fears that stakes were over-priced. It put up for sale 428 million shares at 290 rupees each, expecting to raise 124 billion rupees ($2.5bn; £1.6bn). However, it received offers for...