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Trump announces 'heaviest sanctions ever' against North Korea

Feb 24 2018 | 38 mins ago

US President Donald Trump announced the "heaviest" set of US sanctions against North Korea on Friday.

Citigroup Inc discloses credit card rate issues

Feb 23 2018

Citigroup Inc (C.N) said that it had found problems with how it figures credit card interest rates and that it will provide “remediation” to affected customers.

Latvia aims to halve foreign deposits, but slowly: PM

Feb 23 2018

Maris Kucinskis said Latvia plans to halve the share of bank deposits held by non-residents after US accused one of its biggest banks of laundering money on large scale.

Wall Street advances on gains in technology stocks

Feb 23 2018

Wall Street’s main indexes rose, with gains in technology stocks helping claw back some of the week’s losses, which were sparked by concerns about interest rates.

US banks set for M&A wave as Trump cuts red tape

Feb 23 2018

An easing of financial rules will soon unleash pent-up mergers and acquisitions among mid-sized U.S. banks, according to deal bankers, analysts and bank executives.

Modi promises 'strict action' against PNB fraudsters

Feb 23 2018

Breaking his silence over Rs 11,400-cr fraud at PNB, Modi said his govt will take stringent action against financial irregularities and not tolerate loot of public money.

Rahul Gandhi meets Canadian PM Justin Trudeau

Feb 23 2018

Rahul Gandhi met Canadian Prime Minister Justin Trudeau here and said both of them had a fruitful discussion on a range of issues concerning the two countries.

Negotiators asked to redouble effort to finalise India-Canada eco pact

Feb 23 2018

PM Modi said negotiators have been asked to redouble efforts to finalise comprehensive economic partnership agreement as well as investment protection pact with Canada.

Taxpayers can check return filing status of suppliers on GSTN portal

Feb 23 2018

Taxpayers can now check the last return filing status of their suppliers on the GST Network (GSTN) portal.

Virat Kohli still brand embassador; not engaged PwC for audit: PNB

Feb 23 2018

PNB said Virat Kohli continues to be its brand ambassador and denied reports that it has engaged audit firm PwC to investigate the Rs 11,400 crore fraud.

Indian Markets

 
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Global Markets

 

Stocks In News

 

ULTRATECH CEMENT

Ultratech Cement leads race to take over Binani Cement

Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors

Dalmia Bharat offers Rs 6,300 Cr

Dalmia seen to lose as UltraTech offering equity stake to creditors

Final decision on winner to be ratified by NCLT

Business Standard Reporst

IRB INFRA

4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model

Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray

NHAI hopes to generate more than Rs 6000 cr Under TOT model

auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km

Successful bidder to get toll collection rights for 30 years

BALAJI AMINES

Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide

Recommend duty for 5 Yrs on DMAC originating from China and Turkey

ADANI TRANSMISSION

Co bags Rajasthan Project

Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan

Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation

With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets

On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation

Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations

FORTIS HEALTHCARE

To be out of F&O if it does not declare quarterly results by March 1

All existing F&O contracts will expire on March 28

No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1

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