Nifty futures on the Singapore Exchange traded merely 7.5 points, or 0.04 per cent higher at 17,051 signaling that Dalal Street was headed for a flat start on Monday. Here are a dozen stocks which may buzz the most in today’s trade: ITC: The FMCG conglomerate said it will acquire a 16 per cent stake…Continue Reading
Terming whistleblower allegations on loan evergreening as “grossly inaccurate and baseless”, on Saturday admitted to have disbursed 84,000 loans without customer consent in May owing to a “technical glitch”. Lending without the consent was reported by the field staff in two days, and the glitch was also rectified expeditiously, the private sector lender said in…Continue Reading
on Wednesday reported a 72.09 per cent year-on-year (YoY) rise in standalone net profit at Rs 1,113.53 crore compared with Rs 647.04 crore in the corresponding quarter last year. The interest earned rose 6.59 per cent YoY to Rs 7,650.36 crore from Rs 7,177.21 crore in the year-ago quarter. Provisions and contingencies fell to Rs…Continue Reading