Sandhar Technologies Lists At 4% Premium On Stock Market Debut — Shares of the Gurugram-based auto parts maker rose 3.91 percent to open at Rs 345 compared with its issue price of Rs 332 per share.
Auto Stocks Gain On March Sales Numbers
Auto Stocks Gain On March Sales Numbers — Shares of auto makers were trading higher on the back of robust sales numbers reported in March. Gauge of …
ICICI Bank Falls Most In Over 2 Months As SEBI Begins Enquiry In Loan To Videocon
ICICI Bank Falls Most In Over 2 Months As SEBI Begins Enquiry In Loan To Videocon — Shares of the country’s leading private-sector lender fell as much as 4.6 percent, the most in over two months, to Rs 265.55, also its lowest level since Oct. 2017.
ICICI Bank Falls Over3% In Pre-Market Trade
ICICI Bank Falls Over3% In Pre-Market Trade — Shares of the country’s leading private sector lender fell as much as 3.02 percent to Rs 270 after reports alleged quid pro quo between Videocon Group and the bank’s Chief Executive Officer Chanda Kochhar as well as her family members with respect to extending a loan worth Rs 3,250 crore, an issue that has snowballed into a controversy even as the lender has come out in defence of Kochhar.
Bajaj Auto Sales Rise 23% In March
Bajaj Auto Sales Rise 23% In March — The two-wheeler makers’ sales rose 22.8 percent to 3.34 lakh units versus 2.72 lakh units during the same period …
Stocks To Watch: ICICI Bank, UltraTech Cement, Canara Bank, Coal India
Gold Silver Reports (GSR) – The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, fell 0.1 percent to 10,232 as of 7:10 a.m.
Asian shares edged higher, the dollar steadied and Treasuries slipped as the second quarter began for some of the region’s traders. Volumes are expected to be subdued with many markets across the world still closed for the Easter holiday.
State-Owned Banks Worst Hit By Fraud Despite Spending More On Audits
Gold Silver Reports (GSR) – State-Owned Banks Worst Hit By Fraud Despite Spending More On Audits — That’s according to a new report by proxy advisory firm Institutional Investors Advisory Services. The high audit fees in public sector banks are a function of large number of branches, multiple auditors, higher number of physical audits and Reserve Bank of India prescribed rates, IiAS said in its report. “Despite paying high audit fees, the quantum of fraud in public sector banks tend to be much higher.”