News

 

Govt ordered SFIO probe in 139 cases: Jaitley

Apr 24 2015

SFIO has been directed to probe as many as 139 cases in the last three years.

Govt puts Ford Foundation on 'watch list'; curbs on funding

Apr 24 2015

Union Home Ministry has put the Ford Foundation of the USA on its "watch list".

Infosys Q4 net up 3.5%; CEO Vishal Sikka feels encouraged

Apr 24 2015

Infosys reported 3.5 per cent growth in consolidated net profit to Rs 3,097 crore for the quarter ended March 31.

FM tables GST Bill, Opposition wants House panel scrutiny

Apr 24 2015

Jaitley says GST will spur growth, tame inflation, shore up government revenues and reduce India's Inc's tax burden.

Crompton Greaves to sell consumer electronics unit for Rs2k cr

Apr 24 2015

Crompton Greaves said it will sell its consumer electrical business.

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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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