PSU Banking index was off its multiple support zone at the start of May 2018. The same bounce was misconceived as bottom fishing for the PSU Banking sector. It was just a short covering after major PSU Banks had badly fallen post Q4 results.

The telecom operator and the e-commerce major join hands to offer 40 smartphones, starting at a price of Rs. 3,399. The scheme aims to promote the use of 4G network among new smartphone users.

As a part of Government of India’s ‘Make in India’ initiative, Titagarh Wagons Limited is set to provide four vessels, two each for the Indian Navy and Ministry of Earth Sciences, respectively. The company has been successful in launching the first of the four vessels.

The company’s consolidated total income for the fourth quarter of FY18 was at Rs. 2,092 crore as compared to Rs. 2,098 crore in the corresponding quarter last year.

Its lending plan for this financial year is 20 per cent higher than the previous year and the NCD issue is set to open on May 22 and close on June 4, with a base size of Rs. 3,000 crore and an option to retain over subscription of up to Rs. 9,000 crore.

A UN report has predicted that India will be the fastest growing economy in the world with a projected growth rate of 7.6 per cent in FY19.

EBITDA for the quarter rose by 38.7 per cent yoy to Rs. 101 crore with a corresponding margin expansion of 64 bps. EBITDA margin for the quarter stood at 9.8 per cent.

Overall volumes in futures & options currently stand at 1.45 crore contracts with a turnover of Rs. 14,32,762.88 crore.

Overall volumes in futures & options currently stand at 1.45 crore contracts with a turnover of Rs. 14,32,762.88 crore.

The stock of Biocon was buzzing as the details about the inspection of the company's Bengaluru unit is crucial for the planned launch of three biosimiliars reached the market.