Month: December 2017

Fixing UTI, finally! Sebi did well to reiterate sponsors can’t own two funds

December 30, 2017 / admin / 0 Comments

Sensex finishes at 34,056 on last day of 2017, logs yearly return of 28%; Modi wave plays out?

December 29, 2017 / admin / 0 Comments

Bank of India may shut 700 ATMs by February-end

December 22, 2017 / admin / 0 Comments

In a cost-cutting drive, Bank of India will shut 400 ATMs and will take a call on closing a further 300 ATMs by the end of February, reports Business Standard. Officials at the public sector lender said the move is a part of a turnaround plan that aims to cause …

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TCS Bags Record $2.25 Billion Outsourcing Contract

December 22, 2017 / admin / 0 Comments

Tata Consultancy Services (TCS) has bagged the largest-ever outsourcing contract by an Indian IT company, sealing a USD 2.25 billion deal with television ratings measurement firm Nielsen, according to a report in Mint. The contract is a renewal of the 10-year deal signed in 2008 for USD 1.2 billion. The …

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Petronet LNG gains 4% on revised supply pact for LNG

December 18, 2017 / admin / 0 Comments

Petronet LNG rose nearly 4% to a six-session high of 257.50 rupees on a pact, which is likely to lead to cheaper liquefied natural gas imports for the company from the Gorgon LNG project in Australia. The company, after market hours on Friday, informed the exchanges that it has executed …

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Capital Infusion in Banks to Help in Credit Growth: Arun Jaitley

December 16, 2017 / admin / 0 Comments

Finance Minister Arun Jaitley today said the government has decided to recapitalise public sector banks (PSBs) to enhance credit growth and job creation. The government has decided to infuse Rs 2.11 lakh crore capital in PSBs in the next two years through budgetary provisions of Rs 18,139 crore, Rs 1,35,000 …

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Nifty reclaims 10,300 mark; SBI, Airtel stock up

December 11, 2017 / admin / 0 Comments

Benchmark indices opened higher tracking positive cues from other Asian equity markets and US equities overnight. The gains on the Nifty50 were led by shares of Axis Bank, UltraTech Cement, Bharti Airtel and State Bank of India. At 9:40 AM, the Nifty50 index was up 52 points, or 0.5% at …

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How to find out Genuine Stock tips provider in Stock market?

December 10, 2017 / admin / 0 Comments

Best stock advisory company, 100% confirm intraday tips

How to find out Genuine stock tips provider in Stock market: There are hundreds of investment advisers or advisory companies available in market but it’s difficult to identify best one or atleast good one. There are lot of SEBI registered and unregistered advisers and tips providers available in market. You …

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BSE, NSE Plan to expand Business Outside SEBI’s purview: Report

December 4, 2017 / admin / 0 Comments

Major stock exchanges — Bombay Stock Exchange and National Stock Exchange — are mulling expansion into businesses outside the SEBI’s purview, a source-based report in the Hindu BusinessLine said. The exchanges are seeking one-time approval for the same. The proposal has been sent to the SEBI committee, headed by former …

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