Indian Hume Pipe Company has received three Letters of Intent (LoI) for works aggregating to Rs 187.06 crore from Vidarbha Irrigation Development Corporation (VIDC), Nagpur, in Maharashtra.

The Reserve Bank of India (RBI) levied a fine of Rs. 4 crore on Karnataka Bank for failure to comply with regulatory norms regarding the implementation of four of the SWIFT-related operational controls directed by RBI.

SIP investments had underperformed lumpsum investment in the last one-year period. Read on to know if you should continue with your SIP.

The stock had formed doji candle on weekly scale. If the doji occurs alone, it is a signal that there is indecision and must not be ignored.

The Reserve Bank of India (RBI) imposed a penalty of Rs. 2 crore on DCB Bank for the delay in compliance of RBI directives on SWIFT transaction related operational controls issued by the central bank in February 2018.

Reliance Industries, through its 100 per cent subsidiary RIIHL, has signed agreements to acquire C-Square Info Solutions and Grab A Grub Services. These companies will strengthen RIL's digital and e-commerce capabilities. 

GMR Infra on Monday informed the bourses that its subsidiary GMR Hyderabad International Airport Limited (GHIAL), has divested its 100 per cent stake in its subsidiary called Asia Pacific Flight Training Academy Limited (APFTAL) to a third party, for a token consideration.

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Mishra Dhatu Nigam, one of the leading manufacturers of special steels and superalloys informed the bourses that it has secured an order amounting to Rs. 475 crore. The cumulative order book of the company during FY19 stood at Rs. 1,800 crore.

The board of Bharti Airtel approved the fundraising proposal to raise upto Rs. 32,000 crore through rights issuance and perpetual bond. This development seems to have given rise to negative investor sentiments and the stock dipped close to 4 per cent.