UK imposes asset freezes on Chelsea owner Roman Abramovich, Rosneft boss Sechin

UK imposes asset freezes on Chelsea owner Roman Abramovich, Rosneft boss Sechin

Britain said on Thursday it had imposed asset freezes on Chelsea soccer club owner Roman Abramovich and Igor Sechin, the chief executive of Russian oil group Rosneft, plus five other Russian oligarchs. In total Britain said the seven figures added to the sanctions list because of their connections to Russian President Vladimir Putin had a … Read more

The week that was in 10 stocks: IT stocks steal the show, Avenue Supermarts declines

The week that was in 10 stocks: IT stocks steal the show, Avenue Supermarts declines

Mumbai: The sentiment in the market was upbeat last week, as June quarter earnings surprised investors, and hopes of a vaccine kept global markets firm. Even as the frontline indices logged gains for the fifth straight week, the market breadth was weak with only 202 of BSE 500 stocks registering gains in the week. IT … Read more