UBI looks at Rs 3,000 cr recovery, expects to turn profit this fiscal

State-run United Bank of India (UBI), which received about Rs 676 crore from two stressed accounts through resolution in the NCLT, is expecting to recover Rs 3,000 crore in... Read more »

Expectation of healthy rural demand lifts equity indices

Expectation of a healthy rural demand on the back of the government’s enhanced farm sector support buoyed the key Indian equity indices on Wednesday. Additionally, positive economic data on... Read more »

SEBI allows Hapur Commodity Exchange to exit commodity business

Securities Exchange Board of India (SEBI) has allowed Hapur Commodity Exchange to discontinue operations as a bourse, making it the seventh derivatives exchange to exit after the merger of Forward... Read more »

Equity indices end flat on mixed global cues; FMCG stocks rise

The key Indian equity indices ended volatile trade on Tuesday on a flat note, tracking mixed global markets. Although the indices had opened in the red, they pared their... Read more »

Global cues subdue equity indices, Sensex ends 200 points lower

Weak global cues pulled the key Indian equity indices lower on Monday, with the benchmark BSE Sensex falling over 200 points. Heavy selling pressure was witnessed in the auto,... Read more »

Punjab National Bank reports net loss of Rs 13,417 crore for Q4

The multi-crore fraud hit Punjab National Bank posted a net loss of Rs 13,417 crore for the fourth quarter (January-March) of 2017-18, a regulatory filing by the company on... Read more »

Key Indian equity indices open flat

The key Indian equity indices on Monday opened on a flat note. The 30-scrip Sensitive Index (Sensex), was trading 28.51 points or 0.08 per cent higher soon after opening.... Read more »

Equity indices close flat; consumer durables, IT stocks rise

After a largely volatile session, the key Indian equity indices provisionally ended Wednesday’s trade on a flat-to-positive note supported by healthy buying in consumer durables, IT and capital goods... Read more »

Fintech company ‘Future1coin’ schedules ICO on 15 May 2018

Future1coin targets high growth sectors like Global Cryptocurrency education market,  ICO Community voting system and Token advisory services The success of Blockchain & Bitcoin depends largely on Cryptocurrency education and... Read more »

Equities rise marginally tracking global cues

The key Indian equity indices traded marginally higher on Tuesday afternoon following broadly positive cues in the global markets. Heavy selling pressure on the capital goods and consumer durables... Read more »