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Bombay Stock Exchange (BSE) News
Bombay Stock Exchange (BSE)
Axis Bank shares up 1% after cutting MCLR by 5 bps
Thu, Aug 18, 2016
The fourth largest private lender, lowers its marginal cost of fund-based lending rate (MCLR) by 5 basis points, a move which will lower EMIs for its new borrowers.
Tata Power's Singapore arm completes 50% stake sale in OTP Geothermal
Wed, Aug 17, 2016
Tata Power's Singapore subsidiary Tata Power International has completed its 50% stake sale in OTP Geothermal to KS Orka Renewables.
SC to take up Unitech - home buyer case in Oct 2016; shares up
Wed, Aug 17, 2016
Unitech said on the charges,"The money received from customers has already been invested in land cost and building structures constructed at project site and hence it is not possible to refund money to customers."
BSE plans to hire banks for $150 million IPO
Fri, Aug 12, 2016
BSE Ltd, India's second-biggest exchange, plans to hire Axis, Edelweiss, Jefferies and Nomura as joint global coordinators for a $150 million initial public offering in India, IFR reported, citing two sources close to the transaction.
Adani Port soars 8% as company reports good Q1 profit
Wed, Aug 10, 2016
Karan Adani, Chief Executive Officer of APSEZ said, “Our results are reflection of our ability to deliver robust performance every time. A healthy growth in cargo volumes, operational efficiencies and our strategy to increase bulk cargo volumes, other than coal volumes have enabled us to report all round growth in our financial numbers. ”
GlaxoSmithKline Q1 profit up nearly 3%; Stock down 3.13%
Fri, Aug 05, 2016
GlaxoSmithKline Consumer Healthcare (GSK) has reported nearly 3% rise in standalone net profit for the first quarter (Q1) ended on June 30, 2016.
Global markets were a mixed bag this week
Sun, Jul 31, 2016
The July 25 - 29 week was filled with surprises for investors, led by mixed performance on various exchanges. While some indices touched new highs during the week, others were engulfed in negative volatility.
RBI imposes total Rs 7 crore penalty on Bank of Baroda, HDFC Bank
Mon, Jul 25, 2016
The Reserve Bank of India (RBI) on Monday has imposed penalties of total Rs 7 crore on Bank of Baroda and HDFC Bank on the back of irregularities it found in both banks. The central bank has imposed penalities on the two banks under Section 35 (1A) of the Banking Regulation Act, 1949.