by pallanus | Jun 5, 2020 | Business News
The bank is expected to report a healthy March quarter profit as the recent SBI Card IPO is likely to cushion the bank’s NPAs to some extent. While March quarterly results are expected to be healthy for SBI, it has started off the current fiscal on a rough note due to...
by pallanus | Jun 5, 2020 | Business News
Domestic markets opened on a positive note on Friday as both benchmark indices were trading in the green, in line with positive global cues. At 9:30 am, BSE Sensex was up 335.12 points or almost 1 per cent at 34,315.12, while NSE Nifty was trading 0.88 per cent higher...
by pallanus | Jun 5, 2020 | Business News
Asian stocks were poised for their biggest weekly rise in over eight years while the euro hovered near a 1-1/2 month high as Europe’s central bank surprised with more stimulus, fuelling hopes for a global rebound. The equities rally prompted investors to take winnings...
by pallanus | Jun 5, 2020 | Business News
As part of the fresh deal, Mubadala will own 1.85 per cent equity stake in Jio Platforms, which is the digital wing of Reliance’s business. Abu Dhabi-based Mubadala has become the latest company to invest in Jio Platforms. (Photo: Reuters) HIGHLIGHTS Mubadala becomes...