Business

The central bank has barred the co-operative bank from selling, transferring or disposing of any of its properties or assets for six months

According to analysts, market opened on a positive note as fresh foreign fund inflows and stock-specific gains led benchmarks higher.

AstraZeneca contacted Gilead last month and it did not provide terms of any transaction, the report added.

Axis Mutual Fund (MF), Mirae Asset MF, ICICI Prudential MF, Fidelity Investment, Aditya Birla Sun Life MF, Morgan Stanley, Nomura and Societe Generale are among the buyers who picked up shares of the insurance firm.

In the latest March quarter, revenue from operations rose to Rs 8,299.1 crore.

This will help the SSE leverage the existing infrastructure and client relationships of the exchanges to onboard investors, donors, and social enterprises, for-profit and non-profit.

The move is likely to help 4.58 lakh housing units across the country. Only RERA-registered projects with positive net worth will be provided funds.

More than 80 per cent of the PPPs that reached financial closure in Asia in the last two decades were in transport sector, and were usually structured so demand risk is retained by the project company through user fees, the blog said.

The Prime Minister will deliver the inaugural address at the Annual Session of the Confederation of Indian Industry (CII) to mark 125 years since its inception in 1895, sources in the industry chamber told PTI.

ONGC was the top gainer in the Sensex pack, jumping over 5 per cent, followed by Bajaj Auto, ITC, Sun Pharma, Nestle India, L&T, Maruti, UltraTech Cement and HUL.

The rise in the share came on the heels of the firm’s Baddi unit located in Himachal Pradesh getting an establishment inspection report (EIR) from the United States Food and Drug Administration (USFDA). The audit had given nil observations with no action...

Forex traders said rupee was trading in a narrow range as rising optimism about a potential coronavirus vaccine and a revival in business activity was offset by the escalation of US-China tension.

Experts pointed at a structural shift in buying patterns following the outbreak where customers are now ready to pay more for a product rather than going for a cheaper Chinese version.

The firm through a postal ballot sought shareholders nod to delist after Agarwal's Vedanta Resources Ltd offered to buyout about 49.9 per cent of public shareholding at a price of Rs 87.5 per share, it said in a regulatory filing.

The former Defence Research and Development Organisation (DRDO) chief said consultations are on with scientists and scientific institutions in this regard.

In view of the present pandemic crisis, he said, the first and foremost work for exporters is to find the markets where demand support is given by their respective governments through a package, citing examples of the US and Europe.