IDBI Bank seeks capital from LIC IDBI Bank seeks capital from LIC Dnyanada Kulkarni / Wednesday, February 13, 2019 / Article rating: 4.6 The penalty-laden IDBI Bank has sought further capital infusion of Rs. 10,000 crore from its new promoter, LIC. This is in addition to the Rs. 21,000 crore it received from LIC when it raised its stake in the company to 51 per cent from 8 per cent in August 2018.
JSW Steel inches closer to acquiring Bhushan Power JSW Steel inches closer to acquiring Bhushan Power Aakash Makhija / Wednesday, February 13, 2019 / Article rating: 5.0 The letter was sent late on Tuesday, JSW Steel has to review the approved resolution plan sent along with the letter before accepting the offer. With this development, JSW Steel is closer to acquiring Bhushan Power, provided there is no arbitrary insertion of clauses by the IRP or the stressed company’s Committee of Creditors (CoC).
Neuland Labs zooms 20 per cent post Q3 results Neuland Labs zooms 20 per cent post Q3 results Gayathri Udyawar / Wednesday, February 13, 2019 / Article rating: 5.0 The API pharma company reported revenue growth of 40 per cent YoY. The stock steadily moved northward on Wednesday and in the afternoon session zoomed 20 per cent to close at its upper circuit limit.
Ten stocks close to their 52-week low Ten stocks close to their 52-week low Shital Jibhe / Wednesday, February 13, 2019 / Article rating: 4.0 Following stocks are close to their 52-week low as at 3.10 p.m. on February 13, 2019.
BLS International reports stable Q3 results BLS International reports stable Q3 results Gayathri Udyawar / Wednesday, February 13, 2019 / Article rating: 5.0 Visa applications processor BLS International Services Limited reported stable numbers for the third quarter ended December 2018. The company's total income for the quarter was Rs. 201.3 crore.
Ten stocks close to their 52-week high Ten stocks close to their 52-week high Shital Jibhe / Wednesday, February 13, 2019 / Article rating: 2.5 The markets on February 13, 2019 opened flat. BSE Sensex is trading at 36,059.45, down by 0.0625 points and the Nifty is trading at 10,800.45, down by 30.95 points.
RBI punishes 7 banks; 4 PSBs, 3 private banks RBI punishes 7 banks; 4 PSBs, 3 private banks Gayathri Udyawar / Wednesday, February 13, 2019 / Article rating: 4.0 The Reserve Bank of India (RBI) has ordered penalties ranging from Rs. 1.5 crore to 20 lakh against four public sector banks (PSBs) and three private banks for non-compliance of RBI's guidelines including KYC and monitoring the end-use of funds.
Balaji Telefilms reports Q3FY19 result Balaji Telefilms reports Q3FY19 result Shohini Nath / Wednesday, February 13, 2019 / Article rating: 5.0 India’s premier television and digital content creation house, Balaji Telefilms reported a good set of numbers from its television and film making businesses for the third quarter ended December 31.
Bharat-22 ETF: Should you go for it? Bharat-22 ETF: Should you go for it? Shashikant Singh / Wednesday, February 13, 2019 / Article rating: 2.5 The Government of India will come out with an additional offering of its Bharat -22 Exchange Traded Fund (ETF) on February 14. Read on to find if you should go for it.
Subsidiaries of Gillanders Arbuthnot undergo amalgamation Subsidiaries of Gillanders Arbuthnot undergo amalgamation Apurva Joshi / Wednesday, February 13, 2019 / Article rating: 4.0 Gillanders Arbuthnot and Company Limited’s subsidiaries are undergoing a scheme of arrangement which has been approved by High Court at Malawi.