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India's economy to grow by 5.7% in FY20: UN Report

India, Jan. 17 -- The United Nations (UN) in its World Economic Situation and Prospects (WESP) 2020 reprot has projected that India's economy to grow by 5.7% in the current fiscal year (FY20) and expe... Read More


UCO Bank to issue equity shares on preferential basis to Govt

India, Jan. 17 -- UCO Bank has received approval for the issue of equity shares on preferential basis to Government of India against capital Infusion of Rs 2,142 crore. The Board of Directors of the b... Read More


FIIs were net buyers of Rs 50.38 crore in index futures and options segments on January 16

India, Jan. 17 -- According to the data released by the NSE, the Foreign Institutional Investors (FIIs) were net buyers of Rs 50.38 crore in index futures and options segments, as per Thursday's data,... Read More


F&O total turnover stood at Rs 3227320.73 crore on January 16

India, Jan. 17 -- Futures & Options (F&O) total turnover stood at Rs 3227320.73 crore on January 16 and the total number of contracts traded on the day were 46678492. Of the total turnover, Index Fu... Read More


Wipro's arm sets up $150 million Fund II to invest in emerging digital enterprise software leaders

India, Jan. 17 -- Wipro's strategic investment arm -- Wipro Ventures is closing its $150 million Fund II. Buoyed by the success of its first $100 million fund launched in 2015, Wipro Ventures will con... Read More


HIL to sell calcium silicate insulation products division

India, Jan. 17 -- HIL has received approval for the sale and transfer of the Company's calcium silicate insulation products division operated under the brand 'HYSIL' to Calderys India Refractories thr... Read More


Indigo, Wipro and HIL to see some action today

India, Jan. 17 -- InterGlobe Aviation (Indigo) has launched Dammam as its 24th international and 87th overall destination on its network. Having entered the Kingdom of Saudi Arabia in 2019, Dammam wil... Read More


Benchmarks likely to make slightly negative start

India, Jan. 17 -- Indian markets managed to close volatile session with minor gains on Thursday, after oscillating in a range, as investors booked some profits amid weekly index options expiry on the ... Read More


US markets settle higher on upbeat economic data

India, Jan. 17 -- The US markets settled notably higher with gains around a percent on Thursday following the signing of a trade truce between the US and China on Wednesday and Senate approval of a ne... Read More


Crude oil futures end notably higher on Thursday

India, Jan. 17 -- Rebounding sharply from losses in the previous session, crude oil futures ended sharply higher, with gains of over a percent, on Thursday, on the back of drop in US crude inventories... Read More