With 166 stocks wiping 85% wealth, Textile stocks recorded a net loss of ₹3000 crore
The players of Textile stock notified net loss of above ₹3000 crore on an average basis in the first quarter of the FY19. As per Economic Times, the net loss…
Supreme Court verdict on Aadhaar : Top 10 announcements by the apex court
A constitutional bench headed by Chief Justice of India Dipak Misra on Wednesday declared Aadhar- government’s biometric identification scheme, constitutionally valid but laid down the changes in certain provisions of…
2018 growth outlook : India’s recovery sustains 7.3% growth forecast by Asian Development Bank
India while standing at the growth forecast of 7.3% for the current fiscal year has continued on a robust growth path, said Asian Development Bank (ADB) in its flagship report…
In the wake of ₹45,000 crore package, sugar stocks witness mixed trends
Cash-starved sugar sector witnessed a mixed trend in its stock in the Wednesday trade as the government might consider ₹45,000 crore package for the industry today. The package will boost…
Yes Bank Board Meeting : Board urges RBI to allow Rana Kapoor to stay till September 2019
The Yes Bank’s board meeting on Tuesday came to a decision that it will request Reserve Bank of India (RBI) to extend Rana Kapoor’s term till 30th September 2019. Reserve…
Formalizing Economy can boost India’s growth by 8% : Arun Jaitley
Finance Minister, Arun Jaitley today met public sector bank’s chief where he discussed the issue, reviewed the financial performance and advised the banks to take “effective action” in case of…
India’s April-August fiscal deficit stands at ₹5.91 lakh crore
India’s fiscal deficit recorded from April-August reached 94.7% of the FY 19 target at ₹5.91 lakh crore. It stood at 96.1% of the budgeted target in the previous fiscal year.…
Pricey Aavas IPO opens despite 40% NBFC crash
Jaipur-based HFC Aavas Financier opened on Tuesday to raise ₹1734 crore for initial public offering despite turmoil in the domestic equity market plunging shares of non-banking financial companies to 40%.…
NHAI considering paying ₹700 crore to IL&FS for road project
Cash-Strapped Infrastructure Leasing & Financial Services (IL&FS) which is looking to refinance itself may get a payment of ₹700 crores from National Highway Authority of India (NHAI) NHAI was supposed…
As Nifty recovers, 300 stocks dread against 19 gainers
Vodafone Idea, Eicher Motors, InterGlobe Aviation, Jet Airways were among the 300 stocks which witnessed a 52-week low in Tuesday’s NSE trade. Stocks which lost the most Adding to the…