Page 44 - Ortfolio Allocation News Today

Bandhan Bank said on Tuesday that the National Credit Guarantee Trustee Company (NCGTC) has decided to carry out an audit of loan claims filed by the bank under a guarantee scheme.

On Tuesday, despite the opening sharply higher, following a strong US rally, Nifty and Sensex sold off in the afternoon. On the Bombay Stock Exchange (BSE) 2241 stocks advanced, 1606 declined and 97 remained unchanged, with an advance decline ratio of 1.39, indicating positive closing of stocks in broader markets.

Can you believe that the excreta of a mere 170 horses in Mahabaleshwar is severely threatening the health of seven to eight lakh tourists who patronise this popular hill station annually? But the good news is that it is possible to eradicate this health menace, primarily by banning horse rides around Venna lake.

Reserve Bank of India (RBI) has imposed a penalty of Rs12.75 lakh on five cooperative banks, including three from Gujarat and one each from Telangana and Tamil Nadu, for non-compliance with the directions issued by the banking regulator.

ACC Limited, subsidiary of Ambuja Cements Limited and a leading entity in the cement and building materials sector, currently holds 45 per cent stake in Asian Concretes and Cements Private Limited (ACCPL).

Amid the online boycott Maldives campaign, EaseMyTrip, headquartered in the national capital, has opted to halt all flight bookings to the Maldives.

The picturesque Venna lake (that doubles up as a dam and is the main source of drinking water) greets you as you enter Mahabaleshwar, the most popular tourist destination of Western Maharashtra; be sure that its shimmering surface hides life-threatening viruses and bacteria, causing a serious high health risk to visitors and its residents.

Supam Maheshwari, Co-Founder and CEO of mother and child care e-commerce platform FirstCry has reportedly offloaded 6.2 million shares prior to filing for the company’s initial public offer (IPO).

While overall vehicle sales increased by 21%, the passenger vehicle (PV) category continues to face challenges with high inventory levels, despite a slight decline observed at the end of December, says the Federation of Automobile Dealers Associations (FADA).

Prime minister (PM) Narendra Modi will inaugurate the Mumbai Trans Harbour Link (MTHL), the countrys longest sea bridge, on 12 January 2024. The 21.8km-long MTHL would cater to 70,000 vehicles daily, connecting Sewri at Mumbai to Chirle at Navi Mumbai.