Markets notch up impressive gains
Markets notch up impressive gains

Markets notch up impressive gains

Dnyanada Kulkarni Article rating: 5.0

The Indian benchmark indices BSE Sensex and NSE Nifty ended in the green at the close of today’s market hours. The Sensex closed at 37,393.48, up 0.75 per cent or 278.60 points, while Nifty closed at 11,257.10, up 0.90 per cent or 100.10 points.

HFCL acquires stake in Raddef
HFCL acquires stake in Raddef

HFCL acquires stake in Raddef

Dnyanada Kulkarni Article rating: 3.8

Himachal Futuristic Communications Ltd. (HFCL) has acquired 90 per cent of the equity shares of Raddef Pvt. Ltd.

Ashok Leyland bags orders of Euro 10.06 mn
Ashok Leyland bags orders of Euro 10.06 mn

Ashok Leyland bags orders of Euro 10.06 mn

Dnyanada Kulkarni Article rating: 4.3

Ashok Leyland has secured orders for 400 Ashok Leyland Eagle 916 minibuses from Senbus Industries in Senegal. The total order amounts to a whooping Euro 10.06 million.

MFs obligated to submit reports on AI/ML-based systems to SEBI
MFs obligated to submit reports on AI/ML-based systems to SEBI

MFs obligated to submit reports on AI/ML-based systems to SEBI

Dnyanada Kulkarni Article rating: 5.0

The Securities and Exchange Board of India (SEBI) upped its scrutiny of MFs by raising the surveillance bar. It did so by demanding that the fund houses provide quarterly information pertaining to the AI-based systems employed by them.

NBFCs feel the pinch as MFs curtail debt exposure
NBFCs feel the pinch as MFs curtail debt exposure

NBFCs feel the pinch as MFs curtail debt exposure

Dnyanada Kulkarni Article rating: 5.0

The investments made by Mutual Funds in commercial papers and bonds that mature in 90 days plummeted to Rs. 3.24 trillion towards the end of March reporting the lowest figures in the last six quarters.

South Indian Bank reports mixed Q4 results
South Indian Bank reports mixed Q4 results

South Indian Bank reports mixed Q4 results

Dnyanada Kulkarni Article rating: 5.0

South Indian Bank reported its financial performance for the quarter ended March 2019. Net Interest Income (NII) surged a mere 1 per cent YoY to Rs. 499 crore in Q4FY19 from Rs. 492 crore in Q4FY18.

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