BSE will suspend seven companies from trading their securities on the stock exchange from April 18 for failing to comply with certain rules for two consecutive quarters.
Babul Surpiyo, Minister of State for Heavy Industries and Public Entreprises, informed the parliament today that there are as many as 43 central public sector enterprises (CPSEs) which includes Air India and BSNL that are making losses over the last three consecutive years.
According to Skymet Weather forecast, monsoon in India this year is likely to remain below normal at 95 per cent (with an error margin of +/-5 per cent).
The stocks which are expected to witness significant movement on March 29 are Karnataka Bank, Britannia, V-Guard Industries, ICICI Bank, Nestle India.
The total balance in PMJDY stood at Rs 71,036 crore as on December 28, 2016. Divulging further details, the MoS informed that public sector banks, regional banks and 13 private banks have reported that nearly 95,52,609 accounts were frozen under the PMJDY.
Indian capital markets remained bullish on Tuesday and increased more than half a per cent. Nifty was able to sustain above the 9100 level.
Bharti Airtel, India's global telecommunication company, sold 10.3 per cent stake in its tower company Bharti Infratel to consortium of funds to raise Rs 6,193.9 crore.
The government today levied import duty of 10 per cent on wheat and tur dal with immediate effect. This decision was taken to protect the interests of the farmers.
Demonetisation had huge impact on almost every industry and NBFCs are no different. After the below average results in Q3, the NBFC sector expects recovery in the upcoming quarter.
Suven Life Sciences has received approval for product patent from New Zealand for its molecule that will be used in the treatment of neuro-degenerative diseases.