In consultation with the chiefs of public sector banks (PSBs), the Finance Ministry has created a roadmap to reviving the state-owned bank and consolidation smaller PSBs to form four large banks with increased reach and competitive advantage.

Kalpataru Power Transmission received an order from PGCIL and South America in T&D business. The order is worth approximately Rs. 1263 crore which includes designing, supplying, erecting, testing and commissioning of railway electrification including OHE, TSS & associated works in India from RVNL.

The Bombay Stock Exchange (BSE) on Friday said that it will announce new weekly futures and options contracts in the equity derivatives segment in the month of September.

One of the leading information technology companies, Wipro, has announced that it has extended its strategic partnership with Google Cloud. On Friday, shares of Wipro are trading near Rs. 252.70, up by Rs. 3.70 or 1.49 per cent on BSE.

The shares of the affordable housing company, Gruh Finance surged higher by more than 8 per cent intra-day on Friday. The price reaction is on the back of stake sale by HDFC through a block deal, on the exchange.

The markets on August 30, 2019 opened gap down. BSE Sensex is trading at 36,972.99, down by 95.94 points and the Nifty is trading at 10,915,30, down by 33.00 points.

The rating agency's Managing Director and Group CEO Naresh Takkar is being probed by various government investigation agencies for his alleged involvement in the IL&FS crisis.

JV of L&T bags a large order from THDC. Shares of L&T have, however, fallen over 2 per cent in the morning session on Friday despite positive news.

PNC Infratech on Thursday informed the bourses that it has been the lowest bidder for National Highways Authority of India’s (NHAI) project of construction of 31.7 km long Four Lane Bypass connecting NH-56.