Punjab National Bank on Friday reported a Rs 2,434 crore borrowal fraud linked to former SREI promoters to Reserve Bank of India. The borrower fraud related to SEFL stood at Rs 1,240.94 crore and the PSU bank has made 100% provision for the outstanding amount, the lender said in its filing to the exchanges.Read More
Indian government bonds fell on Friday as weak demand at a central government debt auction sparked a selloff in the secondary market, raising raised doubts about how long a recent rally can hold in the face of weak buying interest.Read More
The Indian rupee ended a tad lower on Friday and posted a weekly loss, as steady dollar demand from corporates and in the non-deliverable forwards market chipped away at gains fuelled by aggressive central bank intervention.Read More
RVNL, Lenskart, Hindustan Copper, Titan and IEX were key movers on Friday as Indian markets ended lower, led by IT, financials and auto stocks.Read More
The Regional Rapid Transit System (RRTS) in the country is emerging as a strong catalyst for corridor-led investment, with nearly 80 per cent of surveyed existing users associating improved RRTS connectivity with enhanced economic opportunities in their region, a report showed on Friday.Read More
Turkey’s Capital Markets Board imposed fines totalling around 2 billion lira ($47 million) on 19 people for market-disruptive transactions in shares of Peker Gayrimenkul Yatirim Ortakligi, according to its weekly bulletin.Read More
The Indian rupee ended a tad lower on Friday and posted a weekly loss, as steady dollar demand from corporates and in the non-deliverable forwards market chipped away at gains fuelled by aggressive central bank intervention.Read More
The BSE Sensex fell 367 points, or 0.4%, to end at 85,041.45, while the NSE Nifty 50 declined 0.4% to 26,042.3, slipping below the 26,050 mark.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
