28 C 
Prestige Group looks to list commercial office portfolio
Prestige Group currently has 11 million sq. ft of ready and rent yielding assets.It also plans to launch projects in Mumbai and NCR as part of its strategy to enter new m
GIP eyes up to $1 billion corpus for India-focused infra fund
The fund will aim to acquire operating assets in roads, renewables and transmission.The PE firm hired Hardik Shah from Brookfield Asset Management in October to lead its
Commodity picks: 19 August, 2019
Soy bean prices at the benchmark Indore markets are trading at Rs 3,740 per quintal
Q. I sold a flat for ₹40 lakh in February 2019. I had bought the property in my name in September 2001 for ₹12 lakh. Now, I want to use this entire m
Confident of coming out of RBI's PCA framework by March next year: UCO Bank CMD Atul Kumar Goel
Atul Kumar Goel said the bank had set an NPA recovery target of ₹2,000 crore per quarter, or ₹8,000 crore per year.The Reserve Bank of India's PCA framework kicks i
Home loans linked to repo rate are cheaper, but carry risks
Transmission to borrowers of interest rate changes by the RBI will be immediate but note that it can cut both ways.
Striking a balance between spending sleepless nights over debt and being niggardly involves many intricacies
Bank of India hoping to recover around ₹2,500 crore in 2-3 quarters, says off..
The recovery would be around ₹2,500 crore from the eight to 10 big accounts, CG Chaitanya said.For BOI, the NPAs have 'tapered out' and the bank is on the growth path,
Credit demand subdued, economy needs stimulus: SBI Chairman Rajnish Kumar
Though lack of credit demand exists in the economy, there is no supply-side constraint as the public sector banks are more or less well-capitalised, Rajnish Kumar said.R
Parsvnath receives ₹1,200 cr from RLDA; plans to use the money to reduce debt
₹1,200 crore from Rail Land Development Authority (RLDA) as per a court order in a dispute related to a project.In 2010, Parsvnath through an auction had bought about
Govt increases oil, gas bidding round to three times a year
The government has increased expression of interest (EoI) submission cycle for oil and gas acreage to three times a year from two times earlier.The overhauled oil and gas
ZEE5 and ALTBalaji announce first set of originals
Coldd Lassi aur Chicken Masala—story of 2 chefs—is produced by Doris De and Suhail Zaidi of Linga Bhairavi Devi Productions.Mission Over Mars (M-O-M) is a fictional a
Govt to clarify on applicability of FDI policy on digital media: Report
The present FDI policy is silent on the fast-growing digital media segment.FDI in India dipped 1% to $44.36 billion in 2018-19
PNB, Bank of India top posts: Bank Board Bureau invites application
As per the Bank Board Bureau's recruitment notice, candidates can apply for the vacancies at PNB and BOI till 16 September.The post of MD and CEO in PNB will fall vacant
Nine of top-10 firms lose ₹84,354 cr in market valuation
Reliance Industries Ltd was the only firm to post a gain in its market valuation
Net NPAs expected to come down to 6% in Q 2,3: Union Bank MD
Union Bank of India said they have recognised their NPAs.The Finance Ministry has asked public sector banks to undertake a month-long consultation process with officers
Foreign investors pull out Rs 8,319 cr in Aug amid trade worries, FPI tax
FPIs, however, invested a net Rs 2,096.38 crore in the debt securities during the period
PMS investment is too risky, opt only if you have a large portfolio
Only those who have a large portfolio and the ability to select the right fund managers should opt for it
How to show your trading and F&O income in the tax returns?
BL Research BureauFor traders, aside from predicting the stock market, reporting income from intra-day trading or Futures & Options (F&O), in
Analysts fear massive pull back in gold after sharp rally past five months
They worry that the current rally is without real demand from Indians, who make up 15% of global gold offtake, indicating an artficial inflation the metal's price
'Sacred Games 2' memes take over social media
In 'Sacred Games 2', actors Saif Ali Khan and Nawazuddin Siddqui reprise their roles as Inspector Sartaj Singh and Ganesh Gaitonde.Those disappointed with the 2nd season
Netflix’s reputation for canceling shows too soon is overblown
Of the English-language scripted programs that debuted on Netflix from 2013 to 2017, about 19% lasted more than three seasons.The frustration with Netflix illustrates tha
Time for reform: A spot exchange is just what the gold market needs
Spot gold has crossed the psychological level of $1,500 an ounce in the international market, its highest level since May 2013. Whereas, domestic futu
‘Mission Mangal’ grows on day two, ‘Batla House’ sustains
Trade website Box Office India said there was only a 40% drop in the collections of Mission Mangal on the second day.Batla House is trailing behind the trajectory of Abra
Gold ETFs: Investors bet big on the safe haven asset
The report noted that ETF gold holdings are now approaching their old highs reached back in 2012.
Trai starts consultation for bigger play by infrastructure providers
Infrastructure creation by standalone companies, who do not directly compete with telecom operators, needs to be promoted, Trai has suggested.At present, passive infrastr
GM tech comes up for discussion in CMs’ panel
The High Powered Committee (HPC) of Chief Ministers for Transformation of Indian Agriculture, under NITI Aayog, is looking to build a consensus on us
India initiates safeguard investigation on imports of palm oil from Malaysia
Complaint filed by Solvent Extractors’ Association of India on behalf of producers
The arrival of turmeric for sale increased at Erode market on Friday. The price of Finger turmeric at the Erode Turmeric Merchants Association Sales
Spot rubber finished lower on Friday. RSS 4 weakened to ₹145 (146) per kg according to traders and the Rubber Board. The market lost further following
The majority of pulse seeds and pulses ruled flat on subdued trading . On Friday, masur (bold) ruled at ₹4,150-4,200 a quintal, while masur (Madhya Pr
What to watch: CG Power to declare FY19 results on Monday
The board of CG Power and Industrial Solutions will meet on Monday to consider fourth quarter and year ended March 31, 2019 results. Consequent to del
NBCC not to invest any money in Amrapali stalled projects; to work as project management consultant
The transcript of the investor call was filed by the NBCC with stock exchanges.Last month, the SC asked the NBCC to complete pending projects of the Amrapali Group at an
Steady gains continued in the sugar market on bulk and retail demand support. On Thursday, 21-22 mills sold 68,000-70,000 bags at ₹3,140-₹3,220 a qu
FinMin asks PSBs to seek ideas from branches for achieving $5-trillion economy
The suggestions emanating from a month-long campaign beginning Saturday will be used as inputs to prepare a road map for the future growth of the banking sector.The consu
TRAI seeks relook at caps on channel discounts
TRAI's new regulations/orders for the television and broadcasting sector gave freedom to consumers to select television channels they want to watch.The regulator hit out
Public sector banks on a massive review, beginning with branches and upwards
'The review will be based on 16 parameters, including efficiency and potential,' said a senior banker.During this review process, starting Saturday, bankers are expected
Rupee slips 20 paise to 71.47 against $ in early trade
The rupee opened on a weak note and fell 20 paise to 71.47 against the US dollar in early trade on Friday amid rising crude oil prices and a cautious
RBI to cut interest rates by 40 basis points before this fiscal-end: Fitch
Fitch said poor monetary policy transmission as a result of high NPL in the banking sector continues to be a major impediment to lower interest rates.RBI has cut interest
BIG JUMP! Gold prices reach all-time high! Top 5 reasons behind the surge
Gold prices in global commodity markets have been scaling new highs in last one month. Federal Reserve, Sino-US trade war escalation, negative long-term bond yield are t
Katrina Kaif to endorse Emami’s seven oils in one hair oil brand
Emami Ltd has appointed Bollywood actor Katrina Kaif for its 7 Oils in One non-sticky hair oil brand.Emami relies heavily on celebrity marketing
The impartiality of ‘Batla House’ slowly unravels
Nikkhil Advani’s film is about the 2008 encounter involving the Delhi police and suspected terrorists.The film maintains the veneer of impartiality before arguing force
Sensex, Nifty end a tad higher; banking, auto stocks save the day
During the week, the Sensex lost 231.58 points, or 0.60%; while the NSE Nifty gave up 61.85 points, or 0.55%.
Chinese stimulus hopes, chip stocks push European shares higher
European shares churned higher on Friday, boosted by positive investor sentiment after China hinted of plans to spur economic growth while chipmaker s
Market Wrap, Aug 16: Sensex settles 39 pts higher; IT, pharma stock decline
Sectorally, public sector banks gained the most, with the index closing 1.5 per cent higher. This was followed by Nifty auto index, up 1.15 per cent
The BSE Sensex gained 38 points and closed at 37,350 levels while the 50-stock Nifty gained 18 points and closed at 11,047 levels, reclaiming the psychological 11,000 le
Gold heads for third weekly gain on trade, growth concerns
Gold prices edged lower on Friday but were headed for a third consecutive weekly gain, as fears over a global economic slowdown and a lack of clarity
Precious Metals: Gold, silver futures fall on weak domestic cues
Globally, gold prices dipped 0.40 per cent to USD 1,525 an ounce in New York.
Oil gains after strong US retail sales help ease recession worries
Crude oil prices rose on Friday after two days of declines, buoyed following data showing a rise in US retail sales helped ease some concerns about a
Tata Motors share price falls after Crisil lowers rating on weakening risk profile of JLR
Tata Motors share price fell up to 2.85% to Rs 117 compared to the previous close of Rs 120.85 on BSE.
