The government announced Rs 88,139 crore capital infusion in 20 public sector banks (PSBs) during the current fiscal, with IDBI Bank getting the most Rs 10,610 crore.
British lender HSBC said waning effects from the GST impact will help push the Indian GDP growth to 7 percent in FY19.
Beijing’s municipal govt said it will keep its 2018 economic growth target at around 6.5%, on par with the objective that Shanghai has set for itself this year.
China’s yuan edged up as much as 0.4 percent, its firmest since December 2015.
Fadnavis has promised to make his state a trillion-dollar economy in the next 7-8 years.
INDIAN OIL CORPORATION
Board to consider bonus issue on Jan. 30.
HPCL may acquire MRPL in cash and share swap deal
HPCL may buyout ONGC shares which is worth roughly Rs 16,000 Cr
Financial Express Reports
Gets four orders worth Rs 871 Cr
Gets Rs 282 Cr order from APTRANSCO to supply, construct substations
To also set up associated transmission line work for APTRANSCO
Gets Rs 100-cr order from Bangladesh power co, Nepal’s electricity body
Order includes 400 KV double circuit transmission line from Bangladesh
Nepal order includes setting up of 132 KV Transmission Line
Gets Rs 123 Cr order from CORE to commission rail electrification work
Gets pipeline augmentation work in Rajasthan for Rs 366 Cr from a pvt client