DSIJ Mindshare

The Reserve Bank of India deputy governor Viral Acharya has said that the Prompt Corrective Action (PCA) taken by the central bank against 11 public sector banks and one private bank has limited the losses of these banks and saved taxpayers’ money.

The stocks most likely to witness significant movement on the bourses on October 15, 2018 are Voltas Limited, Karnataka Bank Ltd., 3i Infotech, Tata Sponge Iron and Hindustan Unilever Limited. 

RajCOMP Info Services, a Govt of Rajasthan Undertaking has awarded a Letter Of Intent (LoI) to ITI Limited to execute RajNet project.

Major auto stock were buzzing as SIAM released sales data for the six months ending September. Domestic automobile sector registered 7.97 per cent growth in the production of vehicles from April-September period.

Ahead of its second-quarter results, the stock of Tata Sponge Iron was trading at a positive mark. The stock which opened at Rs. 815 per share went up by almost 10 per cent from its previous close to touch intraday high of Rs. 894.6 crore.