News Overview

Network 18 Media & Investments Ltd is quoting at Rs 82.3, up 3.98% on the day as on 12:54 IST on the NSE. The stock is up 98.79% in last one year as compared to a 15.76% spurt in NIFTY and a 33.07% spurt in the Nifty Media index.

The UK budget deficit narrowed in February from the last year but the shortfall was the second-highest for the month of February since records began in 1993, the Office for National Statistics said on Tuesday. Public sector net borrowing excluding public sector banks was GBP 13.1 billion in February, which was GBP 2.4 billion less than in February. In the financial year-to-February, PSNB excluding banks […]

Indias COVID-19 vaccination coverage has crossed 181.52 Crore (1,81,52,45,644) today. More than 27 lakh (27,07,127) Vaccine Doses have been administered till 7 pm today. More than 32 lakh (32,36,418) vaccine doses have been administered to 12-14 years age group so far. More than 2.18 Crore (2,18,70,591) Precaution Doses for the identified categories of beneficiaries (HCWs, FLWs and Over 60 years) for COVID vaccination have been […]

The upgrade reflects an improvement in GPIL’s credit risk profile over 1HFY22 aided by faster-than-expected deleveraging.

Business Wire India Schlumberger Limited (NYSE:SLB) will hold a conference call on April 22, 2022 to discuss the results for the first quarter ending March 31, 2022.   The conference call is scheduled to begin at 9:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time.   To access the conference call, listeners should […]

The benchmark indices dragged minor losses during early afternoon trade. Barring IT, oil & gas and metal, the sectoral indices on the NSE were in red. The Nifty hovered above 17,000 mark. At 12:30 IST, the barometer index, the S&P BSE Sensex dropped 225.01 points or 0.39% at 57,067.48. The Nifty 50 index lost 77.10 points or 0.45% at 17,040.50. The S&P BSE Mid-Cap index […]

The cash consideration paid by Indian Bank for subscribing to 11,96,95,455 new equity shares of the face value of Rs.10/- each in the said preferential allotment by NARCL is ~Rs120 crore.

The company stated that the sale is expected to be completed within 120 days from March 21, subject to shareholders’ approval.

The bank said that its board has approved raising upto Rs 300 crore by issuing subordinated bonds.

Speaking at the 38th Annual Economic Policy Conference of the National Association for Business Economics, Washington, Jerome Powell reiterated his hawkish outlook for rates.