Authum converts RInfra and RPower debt into equity
Boards of RInfra and RPower approved the preferential allotment on Saturday following which a notice was issued for shareholder approval on Sunday. Authum had...
Gland Pharma surges 20% as biz momentum seen turning
A better pricing environment in the US, impending product launches, and prospects of superior profitability are also seen boosting the earnings of the company...
BofA sets Nifty December target at 20,500
BofA's US economists earlier this month revised its outlook for the world's largest economy in favour of a 'soft landing'. US Gross Domestic Product...
Indices fall ahead of RBI policy review
The broader market, however, ended positive. The Nifty Midcap 150 index gained 0.26% and Nifty Small-cap 250 index rose 0.16%. Foreign portfolio investors sold...
Banks reject proposal by corporates to club ‘fraud’ A/Cs & ‘wilful defaulters’
Banks have come together to reject a proposal by corporate lobbies to club borrowers tagged as 'fraud' accounts with 'wilful defaulters'. Senior bankers, who...