Page 37 - Ortfolio Allocation News Today

HSBC has filed a contempt of court case against the Central government, alleging non-compliance with the Bombay High Courts ruling concerning a service tax refund.

It took over 60 years from conception to delivery, but Atal Setu, or the Mumbai trans-harbour link (MTHL), could be a game-changer for Maharashtra, exactly like the Mumbai-Pune Expressway (MPE), constructed by the Maharashtra State Road Development Corporation (MSRDC) in 2002.

Aarti Industries (Aarti) recently announced that it has entered a long-term contract with a global agro-chemicals player for the supply of a niche agro-chemicals intermediate.

Google has updated Chromes incognito mode disclaimer in the experimental Canary channel after it agreed to pay $5 billion for settlement over tracking users’ activity in incognito mode.

In order to appease voters of housing societies, member of legislative assembly (MLAs) and members of legislative council (MLCs) of various political parties divert their local area development scheme (LADS) funds, given by the state government to carry out civic and beautification works in these private premises.

Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs10 lakh on Abhijit Pawar (noticee) for indulging in insider trading in Magma Fincorp Ltd, now known as Poonawalla Fincorp Ltd. SEBI found Abhay Bhutada, the then managing director and chief executive officer (CEO) of Poonawalla Finance Pvt Ltd had passed on unpublished price sensitive information (UPSI) about the Company to Mr Pawar, who then traded directly or indirectly, in the scrip of Magma.

Union Civil Aviation Minister Jyotiraditya Scindia on Wednesday referred to Shashi Tharoor as an

On Wednesday, 1301 stocks advanced, 2510 declined and 89 remained unchanged, with an advance decline ratio of 0.52 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets.

The RBI on Monday issued a draft circular which proposes to harmonise regulations of housing finance companies (HFCs) with that of non-banking finance companies (NBFCs) in several areas such as minimum capital requirement and deposit taking rules.

Passengers of an IndiGo Goa-Delhi flight, which was diverted to Mumbai, made the most of their unscheduled stop, holding a virtual