News Overview

Treasury income will decline materially during FY23 in a rising bond yield scenario, despite this, the return on assets (RoA) is estimated to improve, supported by improved credit growth and decline in credit provisioning as legacy net stressed assets continue to decline.

It is among the largest solar panel projects in Rajasthan.

India VIX rose as shares declined

This transformation will serve as a platform for their future growth enabling the business expansion, incubate new business models, improving customer experience and other strategic benefits.

Business Wire India Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star has successfully acquired SENQCIA Corporation (“SENQCIA”). Terms of the transaction were not disclosed.   Headquartered in Tokyo, SENQCIAis a leading structural building materials company in Japan, with expertise in developing, designing and distributing structural and building safety products, seismic reinforcement products and raised access (including clean room) floor products. […]

K E C International has secured new orders worth Rs 945 crore across its various businesses: Transmission & Distribution (T&D): The business has secured orders for T&D and Cabling projects in India, SAARC, Middle East, and Americas: ? 765 kV GIS Substation order in India, from Power Grid Corporation of India Limited (PGCIL), under Tariff Based Competitive Bidding (TBCB) route ? 400 kV Transmission line […]

RKFL wins biggest recent Export Order of INR 1350 million for 5 years from Euroasian OEM.

Union Bank of India is going to conduct its maiden Digital Conclave on 06 April 2022 to mark its foray into creating a Digital Bank within Bank. During the Conclave, the name of the Future Digital ready transformation project will be unveiled. As a part of the project, the Bank is planning to launch a super App and the name of this app will also […]

After the flat start, the benchmark hovered in a range and ended around the day’s low dragged by heavyweights and a lack of cues from other Asian markets, many of which were shut for a public holiday.

The seasonally adjusted S&P Global Eurozone PMI Composite Output Index posted 54.9 in March, a slight decline from 55.5 in February but still indicative of strong growth in business activity across the eurozone. The expansion was driven by the service sector, where output rose at a marginally faster pace than in February. Manufacturing production was also up over the month, although the expansion was the […]