DCB Bank: RBI imposes fine of Rs. 2 crore DCB Bank: RBI imposes fine of Rs. 2 crore Gayathri Udyawar / Monday, March 4, 2019 / Article rating: 3.3 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 acquires two tech firms Reliance acquires two tech firms Gayathri Udyawar / Monday, March 4, 2019 / Article rating: 3.3 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 to divest full stake in APFTAL GMR Infra to divest full stake in APFTAL Nidhi Jani / Monday, March 4, 2019 / Article rating: 5.0 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.
What is the optimum MF allocation to accumulate Rs. 1 crore? What is the optimum MF allocation to accumulate Rs. 1 crore? Henil Shah / Monday, March 4, 2019 / Article rating: 5.0 Who doesn't wish to become a crorepati? Everyone is competing in the rat race to become crorepati one day. Let’s find out if optimum allocations to mutual funds can help you become a crorepati in 10 years?
MIDHANI secures orders worth Rs 475cr MIDHANI secures orders worth Rs 475cr Nidhi Jani / Monday, March 4, 2019 / Article rating: 3.7 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.
Bharti Airtel to raise Rs. 32,000 crore Bharti Airtel to raise Rs. 32,000 crore Gayathri Udyawar / Monday, March 4, 2019 / Article rating: 3.0 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.
Diesel consumption expected to hit record highs Diesel consumption expected to hit record highs Advait Dharmadhikari / Saturday, March 2, 2019 / Article rating: 5.0 The current government is expected to increase infrastructure spending this year in view of the general election which in-turn is expected to take diesel consumption to record highs
ABB India contemplates interim dividend ABB India contemplates interim dividend Dnyanada Kulkarni / Friday, March 1, 2019 / Article rating: 4.8 The board of Directors of ABB India Ltd. recommended an interim dividend of Rs. 4.80 per share on 211,908,375 equity shares of face value of Rs. 2 each fully paid up for the year ended December 31, 2018.
ITC Limited: Bollinger Band squeeze pick ITC Limited: Bollinger Band squeeze pick Vinayak Gangule / Friday, March 1, 2019 / Article rating: 3.6 ITC Limited was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout.
Wockhardt gets USFDA approval for prostate cancer drug Wockhardt gets USFDA approval for prostate cancer drug Apurva Joshi / Friday, March 1, 2019 / Article rating: 5.0 Wockhardt Limited has received approval from the United States Food & Drug Administration (USFDA) for an ANDA for 250 mg tablet of Abiraterone acetate, which is used to treat prostate cancer.