Interview

 

Important to build framework to regulate crypto space: Koinex CEO

Feb 16 2018

India is becoming one of the biggest trading hubs of cryptos and things will only get bigger once policymakers lay out a clear regulatory framework for this space.

IBM eyeing BFSI, telecom sector for growth in India

Feb 14 2018

When it comes to digital transformation, sectors like BFSI and telecom, will become the growth engines for India and IBM is ready to meet the tech requirements, says IBM.

Zebra Technologies eyes double-digit growth in India in 2018

Feb 05 2018

Zebra Technologies said the Asia-Pacific Region has consistently been a hotbed of growth for the company and it looks at India as the key market.

BCCI may expand selection panel: COA chief Vinod Rai

Jan 28 2018

"We need more pairs of eyes to be watching because cricket is going on in at least five-seven centres all the time," Rai said.

Indian media should have own sources in Afghanistan: Hamid Karza

Jan 26 2018

Terming the Western media propagandist, former Afghan President Hamid Karzai said that India should develop its own sources in his country.

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Global Markets

 

Stocks In News

 

US dollar ends higher against rupee

Mumbai: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here today.

Following are the Interbank forex and RBI rates: (In Rs per unit) Unit   Interbank   RBI Reference US Dollar  64.21/22  US Dollar  Rs 63.9097 Pound Sterling  90.34/36  Euro       Rs 80.1683 Euro   80.18/20 Japanese Yen (100) 60.50/52

(PTI)

HDFC

Approves Allotment Of 24.9 Mn Shares On Preferential Basis To 8 Investors

Approves Allotment Of 24.9 Mn Shares At Rs 1,726.05/Share

MAHINDRA & MAHINDRA

To invest in Zoomcar India, Zoomcar Inc, U.S.

To invest Rs 176 cr in Zoomcar India

Initial investment in Zoomcar India likely to be completed by Feb 20

Additional investment in Zoomcar India expected to be completed by Aug 31

Co’s stake to increase to 16%

RELIGARE ENTERPRISES

RBI inspection had found diversion of funds within group firms

Funds to the tune of Rs 525 cr given to intermediary borrowing cos

Religare Finvest increased corporate loan book against RBI’s directions

RBI has asked for clarity on rollover of fixed deposits with a bank

Findings suggested continued weakness of internal controls

Economic Times Reports

FORTIS HEALTH

SC Allows Sale Of Fortis Health Shares Pledged With Lenders

SC allows Axis Bank, Yes Bank to sell, transfer pledged share of Fortis

Earlier, SC had restrained financial institutions from selling pledged shares

Business Standard Reports

INDOCO REMEDIES

Granted European GMP certification from Hungarian regulators for Mfg plant at Goa

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