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SBI, SBI Cards, BPCL, Vedanta in spotlight - Vimarsana News

SBI, SBI Cards, BPCL, Vedanta in spotlight

State Bank of India (SBI) said that the Reserve Bank of India (RBl) has, vide its letter dated 16th March,2021, imposed a monetary penalty of Rs 2 crore on the bank for contravention of provisions of Section 10 (1 ) (b) (ii) of the Banking Regulation Act, 1949 and specific directions of RBI issued to the bank on payment of remuneration to employees in the form of commission. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Sections 46 (4) (i) and 51 (1 ) of the Act. Private equity firm Carlyle has reportedly launched a b...

Australia Market end flat - Vimarsana News

Australia Market end flat

The Australian market closed virtually flat after surrendering early gains on Thursday, 11 March 2021, as gains in tourism stocks on news of support package countered losses in big banks and buy-now-pay-later giant Afterpay. At closing bell, the benchmark S&P/ASX200 edged down 0.18 point, or 0.00%, to 6,713.92. The broader All Ordinaries edged up 5.77 points, or 0.08%, to 6,952.92. Consumer discretionary stocks were the bright spot throughout the day as travel-exposed companies were buoyant on news of stimulus for the sector. The government unveiled a A$1.2 billion tourism support package aim...

MMTC Ltd leads losers in 'A' group - Vimarsana News

MMTC Ltd leads losers in 'A' group

Adani Transmission Ltd, Godawari Power & Ispat Ltd, Morepen Laboratories Ltd and Indo Count Industries Ltd are among the other losers in the BSE's 'A' group today, 09 March 2021. Adani Transmission Ltd, Godawari Power & Ispat Ltd, Morepen Laboratories Ltd and Indo Count Industries Ltd are among the other losers in the BSE's 'A' group today, 09 March 2021. MMTC Ltd lost 8.08% to Rs 41.55 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 5.39 lakh shares were traded on the counter so far as against the average daily volumes of 15.07 lakh shares in the past one mont...

Wall Street surges on US jobs data, global equity markets regain ground - Vimarsana News

Wall Street surges on US jobs data, global equity markets regain ground

By Suzanne Barlyn NEW YORK (Reuters) - Wall Street and a gauge of global equity markets rose on Friday as investors cheered signs of economic strength in a report that showed faster-than-expected U.S. jobs growth, data that initially stoked inflation concerns. The session was marked by frantic trading across the globe. Asian markets dropped overnight. MSCI's all-country index was on its longest losing streak in six months before clawing back. All Wall Street's main indexes closed higher, bouncing back from early losses. Investors were spooked this week by rising interest rates, which offs...

Advertiser.ie - New affordable housing scheme will make houses anything but affordable, warns Farrell - Vimarsana News

Advertiser.ie - New affordable housing scheme will make houses anything but affordable, warns Farrell

A new affordable housing scheme from the Government will not result in more people owning their own homes, but instead will push up prices and see “a return to failed housing policies of the Celtic Tiger era”.