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Bank Nifty jumped by 330 points, while Nifty Auto and Nifty Consumer Durables climbed 100 points and 500 points respectively.

City Union Bank rose 1.03% to Rs 142.35 after the bank said its board approved a proposal to raise upto Rs 500 crore via qualified institutional placement (QIP) route.

According to news reports, Indian Overseas Bank (IOB) is looking for buyers for its impaired credit portfolio, which includes loans to subsidiaries of the GVK and Lanco groups as well as Aban Holdings, Rotomac Global, and Essar Group entities.

Jacob & Co. is a watchmaker known for creating Haute Horlogerie pieces, and Ethos will now make its treasured watches available to the Indian market as its exclusive retailer.

On 28 July 2022

His suspension is effective from July 5, 2022.

Reserve Bank of India (RBI) on Wednesday further liberalised norms to boost inflows of foreign exchange, including doubling the borrowing limit under the ECB route, amid the rupee falling against the US dollar. In a statement, the central bank said it has been closely and continuously monitoring the liquidity conditions in the forex market and has stepped in as needed in all its segments to […]

The domestic equity barometers traded with modest gains in early trade, amid decent buying in index pivotals. The Nifty hovered near the 16,100 level. Autos, IT, consumer durables and realty stocks led the charge. At 09:25 IST, the barometer index, the S&P BSE Sensex, was up 346.51 points or 0.64% to 54,097.48. The Nifty 50 index added 108.60 points or 0.68% to 16,098.40. In the […]

The drug major on Thursday (7 July) announced that its manufacturing facility in Somerset, New Jersey received the Establishment Inspection Report (EIR) from the US drug regulator.

Havells informed that the project has been initiated.