Overnight Digest: Stocks to look out for on April 2
Overnight Digest: Stocks to look out for on April 2

Overnight Digest: Stocks to look out for on April 2

Nikita Singh Article rating: 4.0

The stocks that are likely to record significant movement on the bourses on Monday, April 2, 2018 are Rama Steel Tubes LimitedMEP Infrastructure Developers LimitedGSPLNeuland Laboratories Limited  and Cadila Healthcare Limited   

IPOs raise funds worth Rs. 805 billion in FY18
IPOs raise funds worth Rs. 805 billion in FY18

IPOs raise funds worth Rs. 805 billion in FY18

Nikita Singh Article rating: 5.0

Buzzing with IPOs, so far FY18 has witnessed the listing of 43 companies to raise an aggregate sum of Rs. 805 billion. The funds raised from initial public offerings have recorded a tremendous increase over the years, as compared to Rs. 413 billion raised by 84 companies in FY08.

Government to offload 76 per cent stake in AI
Government to offload 76 per cent stake in AI

Government to offload 76 per cent stake in AI

Tanay Loya Article rating: 5.0

Taking a decisive step in its attempt to privatise the debt-ridden national carrier, Air India, the government on Wednesday invited expressions of interest from bidder seeking to acquire controlling stake in the entity.

MEP Infra bags orders worth Rs. 2,922.83 crore
MEP Infra bags orders worth Rs. 2,922.83 crore

MEP Infra bags orders worth Rs. 2,922.83 crore

Nikita Singh Article rating: 5.0

Infrastructure major MEP Infrastructure Developers announced on Wednesday that it has bagged orders worth Rs. 2,922.83 crore in Maharashtra through a joint venture with Long Jian Road & Bridge Company.

​Lotus Auto to face insolvency proceedings
​Lotus Auto to face insolvency proceedings

​Lotus Auto to face insolvency proceedings

Sanket Dewarkar Article rating: 4.7

Oriental Bank which is one of the lead lender with half of the loan exposure has filed a complaint against Lotus Auto Engineering with NCLT (National Company Law Tribunal),

Top 10 stocks that hit gold in FY18
Top 10 stocks that hit gold in FY18

Top 10 stocks that hit gold in FY18

Amir Shaikh Article rating: 3.9

During FY18, the benchmark index Sensex has gone through various jolts, but despite this, the Sensex has delivered a 14.3 per cent growth in the fiscal year 2018.

Videocon NPA dwarfs image of ICICI Bank, Kochhar
Videocon NPA dwarfs image of ICICI Bank, Kochhar

Videocon NPA dwarfs image of ICICI Bank, Kochhar

Gayathri Udyawar Article rating: 5.0

If the public sector banks are facing scrutiny for loans sanctioned on back of pressures from the government or influential politicians, the private banks are now under the scanner for vested interests and other such possible favoritism in granting of unworthy loans to defaulting borrowers.

Top funds with low probability of steep losses
Top funds with low probability of steep losses

Top funds with low probability of steep losses

Nikhil Desai Article rating: 5.0

With the current market volatility, it is very significant for a mutual fund investor to pick right mutual fund schemes from the range of schemes available in the market. To tackle with the market volatility, it is important to look into the risks involved in the investment of particular scheme

IDBI Bank uncovers fraud of Rs. 7.72 billion, share price falls
IDBI Bank uncovers fraud of Rs. 7.72 billion, share price falls

IDBI Bank uncovers fraud of Rs. 7.72 billion, share price falls

Nikita Singh Article rating: 5.0

Adding to the string of banking system frauds disclosed in the recent times, IDBI Bank announced on Tuesday that it has uncovered fraudulent loans worth Rs. 7.72 billion that were issued from five of its branches in Andhra Pradesh and Telangana.


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