News Overview

Hughes Communications India (HCIPL), a majority-owned subsidiary of Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, and Bharti Airte today announced the formation of a joint venture to provide satellite broadband services in India. Operational as HCIPL, the entity combines the Very Small Aperture Terminal (VSAT) businesses of both companies to offer flexible and scalable enterprise […]

Bandhan Bank rose 1.26% to Rs 257.45 after the bank said that its advances have increased by 11% to Rs 89,213 crore as on 31 December 2021 as against Rs 80,255 recorded on 31 December 2020.

Total number of securities issued is 2000 NCDs of face value of Rs10 lakh each.

Deccan is a Debt free entity and is in the process to implement a manufacturing facility where it will manufacture various API's.

The Company had approached South Indian Bank for ceding a pari passu charge on movable assets in favour of the NCD holders and other banker.

Marvel Properties & Asmakam Infra Projects Private Limited is the proposed purchaser for the property.

Singapore private sector continued to expand in December, and at a faster rate, the latest survey from Markit Economics showed on Wednesday with a PMI score of 55.1. Thats up from 52.0 in November and it moves further above the boom-or-bust line of 50 that separates expansion from contraction. Both demand and output grew at the quickest pace in five months. Purchasing activity increased once […]

Record date is 04 February 2022

Growing concerns over the Omicron variant of coronavirus and its impact on economic recovery as well as firm crude oil prices is expected to take a toll on the Indian rupee in opening trades on Wednesday, 05 January 2022. However, sustained foreign fund inflows into the Indian markets and easing dollar ahead of Fed minutes could support the domestic currency. On Tuesday, rupee slumped 29 […]

Copper stayed well supported yesterday on firm equities. The Dow hit new record closing high and kept the red metal above $4.40 per pound. The counter is yet again witnessing some selling pressure around five week high of $4.45 per pound. MCX Copper futures closed at Rs 751 per kg, up 0.83% on the day. Meanwhile, the US manufacturing PMI slid to 58.7 in December […]