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BusinessToday.in
New Delhi, July 20, 2018
Ruchit Jain, Technical Analyst, Angel Broking, takes viewers through all the market action today. The Sensex rebounded over 145 points while the broader NSE Nifty settled above the 11,000-mark today, led by a spurt in IT and pharma counters. Investors looked beyond the no-confidence motion against the government in the Lok Sabha and accumulated fresh positions, brokers said.


BusinessToday.In
New Delhi, July 20, 2018
Jio was the only gainer when it came to upload speeds, Airtel and Vodafone maintained the previous month's record.


BusinessToday.In
July 20, 2018
The Sensex rebounded over 145 points while the broader NSE Nifty settled above the 11,000-mark today, led by a spurt in IT and pharma counters.Investors looked beyond the no-confidence motion against the government in the Lok Sabha and accumulated fresh positions, brokers said.A recovery in the rupee from its record low also supported the bounce back, they added.While the Sensex rose 145 points or 0.40 per cent at 36,496, Nifty gained 53 points to close at 11,010 level.Top Sensex gainers were...


PTI
July 20, 2018
Besides, persistent buying by domestic institutional investors (DIIs) too influenced sentiment. The 30-share index, which had lost 168.73 points in the previous two sessions, was trading higher by 158.11 points, or 0.43 per cent, at 36,509.34.


PTI
New Delhi, July 18, 2018
The Commission for Agricultural Costs and Prices (CACP) had recommended Rs 20 per quintal hike in the FRP of sugarcane at Rs 275 per quintal for next season.


BusinessToday.In
July 17, 2018
It fell despite strong earnings as some brokerages downgraded their target price citing the expensive valuations of the stock. The stock opened at 1770 level on the BSE compared to Monday's close of 1753.85 on the BSE.


PTI
New Delhi, July 16, 2018
Last week, the bank and Carlyle Group, which owns over 32% in PNB Housing Finance, had announced their plans to sell at least 51% stake in the company.


Rahul Shrivastava
New Delhi, July 16, 2018
The 70,000 officers and employees of banks like State Bank of Patiala, State Bank of Hyderabad, State Bank of Mysore, State Bank of Travancore and State Bank of Bikaner & Jaipur -- these all merged with the SBI on April 1, 2017 -- got the compensation but now they are being asked to \"return the compensation for extra work\".


BusinessToday.In
New Delhi, July 16, 2018
PNB's NPA recovery in first quarter tops FY'18 level  Scam-hit PNB's recovery of over Rs 7,700 crore in bad loans during the first quarter in the current fiscal has surpassed the total amount it recovered in the entire 2017-18 financial year, indicating that it has embarked on the turnaround path, the bank's top official has said. The Insolvency and Bankruptcy Code (IBC) resolution process has greatly helped Punjab National Bank, which was hit by nearly USD 2 billion fraud ...


PTI
July 15, 2018
Last financial year, PNB made recovery of about Rs 5,400 crore. However, in the first quarter of current fiscal, the bank has done recovery of over Rs 7,700 crore.


E Kumar Sharma
New Delhi, July 13, 2018
Analysts were hoping for a better performance in the developed markets, at least in three verticals (retail, BFSI and communication) that contribute over 60 per cent of total revenues.


BusinessToday.In
New Delhi, July 13, 2018
On July 5, a UK High Court judge issued an enforcement order in favour of a consortium of 13 Indian banks allowing them to enter, search and seize goods from Mallya's current location. However, most of the Mallya's assets are not in his name, and hence won't be of any use to the recovery officials. Watch BusinessToday.In video on what India can and can't seize from fugitive Vijay Mallya.


E Kumar Sharma
July 11, 2018
The TCS stock touched a 52-week high on the Bombay Stock Exchange in early trade on July 11 and some analysts believe it's adding to a growing perception that the IT sector is coming out of the woods.


BusinessToday.In
New Delhi, July 10, 2018
IT major TCS reported the total revenue of Rs 34,261 crore, which is 6.8 per cent up sequentially and 15.8 per cent compared the corresponding quarter last year. The company's operating margin stood at 25 per cent.


Anand Adhikari
New Delhi, July 9, 2018
New RBI regulations have created a flutter in the P2P market.


Anand Adhikari
New Delhi, July 9, 2018
Fintech players are making a mark in the lending business but need a sustainable business model.


BusinessToday.In
July 9, 2018
Share sale and purchase of beaten down stocks such as that of IDBI Bank by the insurer is a part of long-term strategy to reap huge gains when the fortunes of public sector banks revive in the future, the report added.


Mail Today Bureau
July 7, 2018
SBI is the leader of the consortium of 13 banks that lent about Rs 9,000 crore to Mallya's now defunct Kingfisher Airlines. The state-run lender has appointed a valuer to assess the value of Vijay Mallya's assets. 


BusinessToday.In
New Delhi, July 6, 2018
SBI Managing Director Arijit Basu says Indian banks are working closely with various agencies, including in the UK, to recover the maximum possible assets owned by Mallya.


BusinessToday.In
July 6, 2018
\"We are pretty bearish (on the rupee) at this moment, given all the circumstances combined. Not only high oil prices but also the trade war that has been taking off,\" Hugo Erken, senior economist at Rabobank told Reuters.


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