Karnataka Bank discloses Rs. 86 crore fraud Karnataka Bank discloses Rs. 86 crore fraud Tanay Loya / Thursday, March 29, 2018 0 2465 Article rating: 5.0 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. Read more
Government to offload 76 per cent stake in AI Government to offload 76 per cent stake in AI Tanay Loya / Thursday, March 29, 2018 0 741 Article rating: 5.0 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. Read more
NMDC skips dividend payout; slumps 6 per cent NMDC skips dividend payout; slumps 6 per cent Tanay Loya / Monday, March 19, 2018 0 1931 Article rating: 5.0 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. Read more
Gravita India gains after Rs. 300 crore order win Gravita India gains after Rs. 300 crore order win Tanay Loya / Friday, March 16, 2018 0 1057 Article rating: 5.0 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. Read more
World Bank forecast: India to grow at 7.3 per cent in FY19 World Bank forecast: India to grow at 7.3 per cent in FY19 Tanay Loya / Thursday, March 15, 2018 0 1418 Article rating: 3.0 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. Read more