Digispice Technologies News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The counsel for Digispice contended that BSNL had made unreasonable deductions from the final bill amount, without considering Digispice’s view.

National Company Law Tribunal reserves order in insolvency petition against Bharat Sanchar Nigam Limited filed by Digispice Technologies Ltd. Digispice claims BSNL refused to pay for content and consultancy services. BSNL disputes bill amount and existence of running account. Digispice initiated insolvency proceedings. Supreme Court allows insolvency proceedings against government companies.

On the upside, we expect the Nifty to target levels of 19,650. In terms of levels, crucial support zone is placed at 19,330 – 19,300 and immediate hurdle is placed at 19,520 – 19,550

Market sentiment has been hit since the hawkish remarks on inflation by the Reserve Bank of India, and this got further dampened by the US Federal Reserves view that interest rates may need to harden further to bring down inflation.

Among broader indices, BSE Small-cap index ended on a flat note, while BSE Large-cap Index fell 0.7 percent and Mid-cap Index shed 0.5 percent.