Page 1548 - Business Finance
RBI meddling could undermine India's financial stability: S&P Global
LONDON (Reuters) - The increasing involvement of the Indian government in the affairs of the country's central bank is a negative for the ratings of giant Asian economy's banking system, S&P Global said on Monday.
Miner NMDC challenges government's demand for higher revenue from Donimalai mine in Karnataka
NEW DELHI (Reuters) - India's biggest iron ore miner NMDC Ltd filed a case in a court in Karnataka on Monday, objecting to the state government's demand for higher share in sale of iron ore, Rajender Kataria, the state mining secretary, told Reuters.
Ahluwalia Contracts (India) spurts after winning order
Ahluwalia Contracts (India) rose 5.95% to Rs 302 at 13:45 IST on BSE after the company said it secured new order of approximately Rs 425.42 crore for construction of government medical college and hospital building at Chapra, Bihar.
Indian enterprises see silver lining in Cloud (2018 in Retrospect)
With digital transformation rapidly re-defining the regional landscape in India -- amid humongous amount of data being generated -- many more enterprises this year looked at embracing agile, scalable and cost-friendly Cloud offerings, searching for providers with deep technological expertise to help transform their businesses.
Central Bank of India spurts 2.63%
Central Bank of India is quoting at Rs 31.2, up 2.63% on the day as on 12:44 IST on the NSE. The stock is down 59.19% in last one year as compared to a 4.56% slide in NIFTY and a 22.15% slide in the Nifty PSU Bank.
Sensex extends 5th straight session's gains, up 250 points
The key equity indices extended its fifth straight session of gains as Sensex advanced over 250 points and the Nifty traded over 10,850 on Monday.
Malaysia files criminal charges against Goldman Sachs in 1MDB probe
KUALA LUMPUR (Reuters) - Malaysia said on Monday it has filed criminal charges against Goldman Sachs and two of the U.S. bank's former employees in connection with a corruption and money laundering probe at state fund 1MDB.
Bank of India increases for fifth straight session
Bank of India is quoting at Rs 88.4, up 0.45% on the day as on 12:44 IST on the NSE. The stock is down 51.17% in last one year as compared to a 4.56% jump in NIFTY and a 22.15% jump in the Nifty PSU Bank.
Shriram Transport Finance Company Ltd in demand
Shriram Transport Finance Company Ltd is quoting at Rs 1189, up 0.88% on the day as on 12:44 IST on the NSE. The stock is down 16.08% in last one year as compared to a 4.56% gain in NIFTY and a 8.85% gain in the Nifty Financial Services.
GAIL (India) Ltd extends gains
GAIL (India) Ltd is quoting at Rs 352.5, up 0.36% on the day as on 12:44 IST on the NSE. The stock is down 5.24% in last one year as compared to a 4.56% spurt in NIFTY and a 0.22% spurt in the Nifty Energy.
Vedanta surges 6% post NGT order on Tuticorin unit
Stocks of Vedanta Monday climbed over 6 per cent after the NGT set aside the Tamil Nadu government order for closure of the company's copper plant at Tuticorin. On the BSE, the stocks opened at Rs 214.25, higher 6.48 per cent from the previous close. At 1250 hrs, the scrip was trading at Rs 207.65, a gain of 3.21 per cent. The stock, after a positive opening on the NSE, gained 5.80 per cent to the intra-day high of Rs 213.30. The NGT on Saturday, set aside the Tamil Nadu government order for closure of the copper unit at Tuticorin, which was at the centre of massive protests over alleged pollution, saying it was "non sustainable" and "unjustified". A bench headed by NGT Chairperson A K Goel asked the Tamil Nadu Pollution Control Board (TNPCB) to pass a fresh order for renewal of consent and authorisation to handle hazardous substances, subject to appropriate conditions for protection of the environment in accordance with law within three weeks from Saturday. In May, Vedanta's Sterilte
Affle Wins Big at MOBEXX Awards 2018
/ -- - Anuj Khanna Sohum awarded with 'Mobile Advertising Person of the Year' - Nine Awards for innovative Campaigns for DishTV, Mondelez & Reckitt Benckiser Affle (India) Limited ('Affle'), a global technology business, has won several awards at the recently held MOBEXX Awards '18. The company won 2 Industry, 2 Gold, 3 Silver and 3 Bronze awards. During the ceremony, Anuj Khanna Sohum, the Chairman, MD and CEO of Affle, was recognized as the Mobile Advertising Person of the Year. Affle's Mkr8 platform delivered dynamic ad experiences for campaigns that bagged 9 awards for leading brands, like DishTV, 5-Star & Harpic with DishTV bagging the 'Most Innovative Mobile Campaign of the Year' award. All these campaigns were delivered in association with agencies including Interactive Avenues, Carat Media and partners like Greedy Games. Affle's ad authoring platform, Mkr8 has been delivering campaigns integrated with Artificial Intelligence (AI) and Augmented Realty (AR) that garner .
Zee Media Corporation Ltd up for third consecutive session
Zee Media Corporation Ltd is quoting at Rs 24, up 1.27% on the day as on 12:49 IST on the NSE. The stock is down 42.79% in last one year as compared to a 4.55% slide in NIFTY and a 23.15% slide in the Nifty Media index.
Power Finance Corporation Ltd gains for third straight session
Power Finance Corporation Ltd is quoting at Rs 91.75, up 1.16% on the day as on 12:49 IST on the NSE. The stock is down 22.87% in last one year as compared to a 4.55% jump in NIFTY and a 8.83% jump in the Nifty Financial Services index.
Vedanta Ltd up for five straight sessions
Vedanta Ltd is quoting at Rs 207.7, up 3.03% on the day as on 12:44 IST on the NSE. The stock is down 32.65% in last one year as compared to a 4.56% gain in NIFTY and a 15.16% gain in the Nifty Metal.
Tech Mahindra Ltd gains for fifth straight session
Tech Mahindra Ltd is quoting at Rs 714, up 0.25% on the day as on 12:44 IST on the NSE. The stock is up 44.53% in last one year as compared to a 4.56% jump in NIFTY and a 30.86% jump in the Nifty IT.
NIIT Technologies Ltd soars 1.2%, rises for fifth straight session
NIIT Technologies Ltd is quoting at Rs 1152.85, up 1.2% on the day as on 12:44 IST on the NSE. The stock is up 86.76% in last one year as compared to a 4.56% spurt in NIFTY and a 30.86% spurt in the Nifty IT.
GlaxoSmithkline Consumer Healthcare Ltd up for fifth straight session
GlaxoSmithkline Consumer Healthcare Ltd is quoting at Rs 7790, up 0.31% on the day as on 12:44 IST on the NSE. The stock is up 22.24% in last one year as compared to a 4.56% jump in NIFTY and a 15.39% jump in the Nifty FMCG.
Dabur India Ltd spurts 0.86%, gains for fifth straight session
Dabur India Ltd is quoting at Rs 447.85, up 0.86% on the day as on 12:44 IST on the NSE. The stock is up 28.82% in last one year as compared to a 4.56% jump in NIFTY and a 15.39% jump in the Nifty FMCG.
Godrej Consumer Products Ltd soars 1.61%, rises for fifth straight session
Godrej Consumer Products Ltd is quoting at Rs 840.5, up 1.61% on the day as on 12:44 IST on the NSE. The stock is up 27.58% in last one year as compared to a 4.56% spurt in NIFTY and a 15.39% spurt in the Nifty FMCG.