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February 16: Titagarh Wagons Posted A Weak Set Of Earnings In Q3 As One-Time Provision Hurts EBITDA. Umesh Chowdhary, VC And MD At Titagarh Wagons Joined Us To Discuss The Quarter Gone By In Detail.
February 16: PSU Banks Q3 earnings have disappointed the market. Provisions continue to rise, loses have mounted and asset quality stress remains elevated. To Analyse The Quarter Gone By For PSU Banks, We Caught Up With Rajat Sharma Of Sana Securities.
February 16: HDFC Allots Almost 25 Million Shares To 8 Investors On A Preferential Basis. Keki Mistry, Vice Chairman And CEO Of HDFC Says That Shares Are Allotted On Preferential Basis At Rs 1,726.05/Share To 5 Large Investors. He Further Adds That The Bank Need To Infuse Rs 8,000 Cr In HDFC Bank.
February 16: Many Questions In The PNB Fraud Remain Unanswered. The Total Number Of Banks Involved Or The Kind Of Exposure They Have Is Still Unknown. Also, The Role Of The Exchanges And The Market Regulator Also Comes Into Question. It’s Been 48 Hours Since This Scam Came To Light, And Yet Neither The Exchanges Nor SEBI Has Officially Asked For A Clarification Or Disclosure From Any Of The Listed Banks On Jewellery Companies Mentioned? BTVI’s Siddharth Zarabi Joined Us With The Details.
February 16: More Developments In The Big Bank Fraud. CBI Has Filed Fir Against Gitanjali Gems & 3 Group Companies. BTVI’s Chetan Bhutani Joined Us With The Exclusive Details.
February 15: A Mixed Set Of Numbers For Apollo Hospitals. The Company Registered A Fall In Profit Of 7 Percent, Whereas Their Revenue Has Jumped Up To 13 Percent. To Know More About Company's Q3 Numbers, We Spoke To Krishnan Akhileswaran, CFO At Apollo Hospitals.
February 15: Sonata Software Posted Mixed Set In Q3. Revenues Have Jumped 80 Percent But Margins Have Fallen To 8.5 Percent. Prasanna Oke, CFO At Sonata Software Says That The Company Continues To See Good Realisations and Not Facing Any Pricing Pressure.
February 15: Zee Learn Ltd Has Signed Definitive Agreements To Invest Rs200 Cr In MT Educare Ltd Through A Preferential Allotment Of Equity Shares. Hear Out Chhaya Shastri, Director At MT Educare Says That The Deal Is Very Concrete, To Conclude By QFY18 And Both Cos Are Co-Promoters See Lot Of Synergy In The Deal With Zee Learn.
February 15: PNB Fraud Spreads To Other Banks. PNB Management Admits Due Process Was Not Followed In Issuing LOUs. BTVI’s Siddharth Zarabi Joined Us With More Details.
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
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%
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
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
Granted European GMP certification from Hungarian regulators for Mfg plant at Goa