Nine new stocks will be part of the MSCI India Index as the rejig comes into effect from Thursday. These stocks are IndusInd Bank, Suzlon Energy, Persistent Systems, APL Apollo, Polycab, Macrotech Developers, Tata Motors A, One 97 Communications (Paytm), Tata Communications. Moreover, seven stocks viz. Zomato, Hindustan Aeronautics (HAL), Jio Financial Services, Vedanta, PFC, … Read more
ETCFO: The Securities and Exchange Board of India (Sebi) has found PTC India Financial Services‘ top officials – Chairman Rajib Mishra and Pawan Singh, MD and CEO -responsible for corporate governance lapses in its probe. “…the MD and CEO (Pawan Singh) being in the executive position and in control of the daily affairs of the … Read more
PTC India Financial Services Limited (PFS) on Friday said its board has approved a proposal to sanction Rs 800 crore as loan to borrowers. PFS is a non-banking finance company promoted by PTC India Limited. A “board meeting dated December 9, 2022 (Friday) sanctioned additional loans of Rs 800 crore to various borrowers,” the company … Read more
Nifty futures on the Singapore Exchange traded 52.5 points, or 0.28 per cent lower at 18,615.5, signaling that Dalal Street was headed for a negative start on Friday. Here are a dozen stocks which may buzz the most in today’s trade: : The USFDA has issued 8 observations for the drug product facility and API … Read more
NEW DELHI: The poor financial health of state electricity boards could pose significant business risks for power traders in the country, says rating agency Fitch. In a report released today, Fitch Ratings said the credit risk of power traders has become “riskier” due to profitability and liquidity constraints faced by state power utilities. “If these … Read more