Healthcare stocks edge higher on the bourses

The rating agency ICRA in its latest report has said that Indian healthcare sector is on a recovery path after past two years of underperformance that was mainly due to the cap on prices of stents and knee implants by the National Pharmaceutical Pricing Authority (NPPA), adverse impact of rollout of Goods and Services Tax … Read more

GAIL trades higher on the bourses

GAIL (India) is currently trading at Rs. 127.40, up by 1.55 points or 1.23% from its previous closing of Rs. 125.85 on the BSE. The scrip opened at Rs. 126.50 and has touched a high and low of Rs. 128.60 and Rs. 125.60 respectively. So far 98011 shares were traded on the counter. The BSE … Read more

Avenue Supermarts rises on the bourses

avenue supermarts rises on the bourses

Avenue Supermarts is currently trading at Rs. 1847.20, up by 19.05 points or 1.04% from its previous closing of Rs. 1828.15 on the BSE. The scrip opened at Rs. 1830.00 and has touched a high and low of Rs. 1874.80 and Rs. 1817.80 respectively. So far 76799 shares were traded on the counter. The BSE … Read more

ICICI Bank gains on launching ‘FD Health’

icici pru mf introduces commodities fund

ICICI Bank is currently trading at Rs. 431.60, up by 3.00 points or 0.70% from its previous closing of Rs. 428.60 on the BSE. The scrip opened at Rs. 430.00 and has touched a high and low of Rs. 433.20 and Rs. 428.00 respectively. So far 111001 shares were traded on the counter. The BSE … Read more

ONGC shines on inking MoU with EXXON-Mobil

ongc shines on inking mou with exxon mobil

Oil & Natural Gas Corporation is currently trading at Rs. 137.35, up by 2.15 points or 1.59% from its previous closing of Rs. 135.20 on the BSE. The scrip opened at Rs. 136.60 and has touched a high and low of Rs. 138.00 and Rs. 135.40 respectively. So far 280340 shares were traded on the … Read more

RBI imposes penalty of Rs 75 lakh on Syndicate Bank

rbi levies rs 1 crore penalty on lakshmi vilas bank

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 75 lakh on Syndicate Bank for non-compliance with the directions issued by RBI on frauds classification and reporting; innovative housing loan products wherein upfront disbursal of loans is done. Syndicate Bank is one of the oldest and major commercial banks of India.

Tejas Networks launches disaggregated packet-optical switch at India Mobile Congress 2019

rbi levies rs 1 crore penalty on lakshmi vilas bank

Tejas Networks has launched TJ1600S/I, which is the world’s largest disaggregated multi-terabit packet-optical switch optimized for 5G, cloud and broadband networks. TJ1600S/I was unveiled at the India Mobile Congress 2019, New Delhi. TJ1600S/I is the latest addition to Tejas’s TJ1600 series of carrier-class products for optical aggregation, metro and core networks. Tejas Networks designs, develops … Read more

RBI levies Rs 1 crore penalty on Lakshmi Vilas Bank

1200px Seal of the Reserve Bank of India.svg

Reserve Bank of India (RBI) has imposed a penalty of Rs 1 crore on Lakshmi Vilas Bank for non-adherence to guidelines on IRAC norms and divergence in respect of two NPA accounts aggregating to Rs 169.50 crore for the year ended March 31, 2017. Lakshmi Vilas Bank offers a wide range of services such as … Read more

Shemaroo Entertainment planning to raise funds by various means

lemon tree hotels opens 142 room hotel in kolkata

Shemaroo Entertainment is planning to raise funds by way of issue of equity shares or any other instruments or security including fully/partly convertible debentures or by way of a composite issue of non-convertible debentures and warrants entitling the warrant holders to apply for equity shares or right issue or any other eligible securities through qualified … Read more