RBI has imposed prompt corrective action (PCA) on Allahabad Bank for non-fulfillment of the regulatory requirements regarding adequate capital, rising NPA’s and return on assets on Wednesday. Almost half of public sector banks are under RBI’s watch of prompt corrective action. Here is short brief about what is PCA

AMFI, in consultation with SEBI and Stock Exchanges, has prepared the list of stocks, that fall into different market capitalisation.

The stocks that are likely to witness significant movement on the bourses on Friday, January 5, are JSW Energy Limited, Karur Vysya Bank Limited, AksharChem India Limited, Healthcare Global Enterprises Limited and Bharti Airtel Limited.   

India’s flexible packaging major Uflex has introduced a 2 ply laminated packaging for wheat flour comprising a specialised polyester or specialised polyethene structure. 

Idea Cellular, India’s third largest telecom operator, on Thursday approved a Rs. 3,250 crore fundraising proposal ahead of its merger with Vodafone. 

Automobile major, Tata Motors forged an alliance with Canada-based Westport Fuel Systems Inc to source Bharat Stage VI type engines for the company’s CNG-fueled trucks and buses.

High-end realtor, Nitesh Estates zoomed on Thursday on the back of a news report that Chinese conglomerate Fosun may buy around 50 per cent stake in the company for Rs. 800 crore. The stock was up nearly by 20 per cent. 

Mutual fund (MF) is a collective investment vehicle wherein investors lacking expertise in the securities market can invest their money to earn better returns

Blockchain and Bitcoin have just entered into its 10th birth year as NITI Aayog is said to be exploring the use of this technology across multiple sectors.

Following stocks are close to their 52-week low as at 12.33 p.m. on January 4.