Industry

 

Telecom sector generated Rs 2.19 lakh cr rev in 2013-14

May 06 2015

The government on Wednesday said the telecom sector in 2013-14 generated over Rs 2.19 lakh crore revenue.

SC: NCLT must start working soon

May 06 2015

Apex court observes that Company Law matters have been kept in cold storage.

Exclusive - Bharti Airtel may raise $2 bn from Chinese bank

May 06 2015

Bharti to use funds to buy equipment from Huawei and ZTE for 4G LTE roll out.

Shroffs part ways for better days

May 06 2015

India’s largest law firm Amarchand Mangaldas Splits.

Give SEZ or repay money: Infosys tells Bengal

May 05 2015

Infosys asked West Bengal government to either give SEZ status to the company's proposed software development centre at Rajarhat or repay money.

Indian Markets

 
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Global Markets

 

Stocks In News

 

US dollar ends higher against rupee

Mumbai: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here today.

Following are the Interbank forex and RBI rates: (In Rs per unit) Unit   Interbank   RBI Reference US Dollar  64.21/22  US Dollar  Rs 63.9097 Pound Sterling  90.34/36  Euro       Rs 80.1683 Euro   80.18/20 Japanese Yen (100) 60.50/52

(PTI)

HDFC

Approves Allotment Of 24.9 Mn Shares On Preferential Basis To 8 Investors

Approves Allotment Of 24.9 Mn Shares At Rs 1,726.05/Share

MAHINDRA & MAHINDRA

To invest in Zoomcar India, Zoomcar Inc, U.S.

To invest Rs 176 cr in Zoomcar India

Initial investment in Zoomcar India likely to be completed by Feb 20

Additional investment in Zoomcar India expected to be completed by Aug 31

Co’s stake to increase to 16%

RELIGARE ENTERPRISES

RBI inspection had found diversion of funds within group firms

Funds to the tune of Rs 525 cr given to intermediary borrowing cos

Religare Finvest increased corporate loan book against RBI’s directions

RBI has asked for clarity on rollover of fixed deposits with a bank

Findings suggested continued weakness of internal controls

Economic Times Reports

FORTIS HEALTH

SC Allows Sale Of Fortis Health Shares Pledged With Lenders

SC allows Axis Bank, Yes Bank to sell, transfer pledged share of Fortis

Earlier, SC had restrained financial institutions from selling pledged shares

Business Standard Reports

INDOCO REMEDIES

Granted European GMP certification from Hungarian regulators for Mfg plant at Goa

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