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Stocks In News

 

MAX INDIA

Max Healthcare receives Cancellation Notice For one Hospital At New Delhi

Max healthcare has equal JV with Life Healthcare, (South Africa)

FUTURE ENTERPRISE

Future Supply chain solutions IPO subscibed 7.6x on final day

HEXAWARE

Baring looks to sell up to 15% in Hexaware

PE firm May opt for multiple blocks deals

ET Reports 

IL&FS ENGG

Wins Rs 215.79 Cr pipeline laying contract from GAIL

Contract for 157.8 km Dobhi-Durgapur-Haldia Pipeline section

Contract covers 13.28 km JHBDPL project

ULTRATECH CEMENT

To set up 3.5 MTPA integrated cement plant at Pali, Rajasthan

Investment of Rs 1,850 Cr

Plant is expected to commence commercial production by June 2020

  • SENSEX

    33,455.79 205.49   (0.62 %)
  • NIFTY

    10,322.25 56.60   (0.55 %)
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News In Brief

 

    RBI sets rupee reference rate at 64.3616 against US dollar

    Mumbai: The Reserve Bank of India today fixed the reference rate of the rupee at 64.3616 against the US dollar and 75.8051 for the euro.

    The corresponding rates were 64.4649 and 75.7978, as on Dec 08, 2017 According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 86.3282 and 56.68 per 100 yens, respectively, based on reference rates for the dollar and cross-currency quotes at noon. The SDR-rupee figure will be based on this rate, the statement added.

    (PTI) 

    Rahul Gandhi elected Congress President

    New Delhi: Congress Vice President Rahul Gandhi was on Monday elected the President of the country's oldest political party, Returning Officer Mullappally Ramachandran announced here on Monday.

    (IANS) 

    Saudi Arabia to grant cinema licenses from 2018

    Riyadh: Saudi Arabia announced on Monday its plan to grant licenses to open cinemas from early next year. 

    Minister of Culture and Information Awwad bin Saleh Alawwad said in a statement that the industry regulator, the General Commission for Audiovisual Media, had started the process, reports Xinhua news agency. He said the first cinema was expected to open in March 2018.

    (IANS) 

    Delhi government approves Rs 15 cr for Ring Road

    New Delhi: The Delhi government on Monday approved Rs 15 crore to "strengthen" the stretch of Ring Road from the All India Institute of Medical Sciences (AIIMS) to Ashram here. 

    The decision was taken at an Expenditure Finance Committee meeting chaired by Deputy Chief Minister Manish Sisodia, who announced it.

    (IANS)

    Nokia COO to leave the company

    Helsinki: Telecom network equipment maker Nokia said  its Chief Operating Officer Monika Maurer was leaving the company. 

    Joerg Erlemeier, currently a Senior Vice President for Nokia Transformation, will be the new COO, Nokia added.  “Monika Maurer... will support Erlemeier during a transition period and then leave Nokia to pursue new opportunities outside the company,” Nokia said.

     (Reuters) 

    ECB likely to delay rules on bad loans by a "few months": Nouy

    Frankfurt: The European Central Bank is likely to delay the implementation of its new rules on non-performing loans by a few months as it needs time to process industry feedback, supervisory chief Daniele Nouy told a Portuguese newspaper.

    “I think this process of analysis will take a month or two,” Nouy told Público. “It is therefore very likely that implementation will be postponed by a few months. However, I would say that it doesn’t change much whether it happens on say 1 January, 1 April or 1 June,” she said, adding that there was no reason for a delay until 2019.

    (Reuters)

    Gold futures fall 0.16 percent on global cues

    New Delhi: Gold prices fell 0.16 per cent to Rs 28,487 per 10 grams in futures trade today as speculators reduced their positions amid weak global cues.   

    At the Multi Commodity Exchange, gold for delivery in February month fell by Rs 46, or 0.16 per cent, to Rs 28,487 per 10 grams in business turnover of 40 lots. Similarly, the metal for delivery in April contracts traded lower by Rs 28, or 0.10 per cent, to Rs 28,480 per 10 gram in 3 lots. 

    (PTI)

    NZ govt appoints Adrian Orr as next Reserve Bank governor

    Wellington: New Zealand’s government on Monday named pension fund chief Adrian Orr as the new governor of the nation’s central bank, triggering a rally in the local dollar as markets prepared for changes to the monetary policy mandate.

    Orr will take up the role at the Reserve Bank of New Zealand (RBNZ) on March 27, Finance Minister Grant Robertson said in an emailed statement.

    (Reuters)

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