The South-based Karnataka Bank has reported a fraud amounting to Rs. 86.47 crore in loans extended to Gitanjali Gems, headed by Mehul Choksi. 

Taking a decisive step in its attempt to privatise the debt-ridden national carrier, Air India, the government on Wednesday invited expressions of interest from bidder seeking to acquire controlling stake in the entity.

The Board of Directors of the state-run iron ore miner, NMDC at its meeting held on March 17, 2018 decided not to declare interim dividend for the financial year 2017-18. 

Gravita India soared over 6 per cent intraday on Friday after the company announced that it has bagged a Rs. 300 crore order from a Singapore firm. 

The World Bank forecasted Indian economic growth to accelerate to 7.3 per cent in 2018-19 and to further speed up to 7.5 per cent in 2019-20.

MMTC Limited on Wednesday intimated the exchanges that the company will consider and approve the proposal for issue of Bonus Shares in its meeting scheduled to be held on March 19, 2018.

Himadri Speciality Chemical zoomed past 4 per cent in the morning trade on Thursday on the back of company’s plan to invest Rs. 1,000 crore to setup a greenfield plant in West Bengal.

Hyderabad-based steel PSU, Mishra Dhatu Nigam or MIDHANI is set to open its Rs. 438.4 crore initial public offer for subscription next week. 

Leading construction company, IRB Infrastructure Developers (IRB), has won two projects under Hybrid Annuity Model in Tamil Nadu. This is also the first project for the company under Hybrid Annuity space.

International credit rating agency Moody's Investors Service on Wednesday prognosticated Indian Economy to grow at 7.6 per cent in the ongoing calendar year and at 7.5 per cent next year in 2019.