RIL, HDFC Bank Ltd, Kotak Mahindra Bank Ltd, ICICI Bank Ltd and State Bank of India were among the major contributors last week. Tata Steel: The steel major’s long-term rating has been affirmed at BB- by credit ratings agency Standard and Poor’s (S&P). Jewellery Companies: The government raised duty drawback on gold jewellery to ₹372.9 per gram and for silver jewellery to ₹4,332.2 per kilogram, according to a Bloomberg report. Vodafone Idea: Brokerages have said the government will not be in conflict with the Supreme Court if it does provide any relief for payments ordered by the court. Recently, the Supreme Court ordered that only NBCC Ltd and Surakaha Realty could bid to acquire Japyee Infratech.

Source: Mint November 18, 2019 02:15 UTC