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Top News In ஒன்றுபட்டது கிஂக்டம் நிதி சீராக்கி Today - Breaking & Trending Today

New fiscal may see positive beginning for markets - The Hindu BusinessLine

New fiscal may see positive beginning for markets
April 01, 2021
But economic recovery and rising Covid cases worry investors
Markets are likely to open on a positive note on the first day of the new fiscal, despite uncertainty over economic recovery and rising number of Covid-19 cases continuing to weigh on investors’ minds. The SGX Nifty at 14,857 indicates that the Nifty may open with a gain of about 100 points. The Nifty April futures on Wednesday closed at 14,752 on the NSE. High corporate tax rate in the US by Biden administration will also impact market sentiment, both at the global and domestic levels. ....

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Axis Bank Share Price Today: Axis Bank Gains After Entering Into Agreement For Selling 100% Stake In Subsidiary

Axis Bank was last trading 2.54 per cent higher at Rs 715.25 on the BSE.
Share price of Axis Bank gained around three per cent on Thursday, April 1, after the bank entered into a share purchase agreement for the sale of 100 per cent stake in its subsidiary - Axis Bank UK to OpenPayd Holdings. On Thursday, Axis Bank opened on the BSE at Rs 706, touching an intra day high of Rs 716.90 and an intra day low of Rs 695.60, in the trading session so far. According to a regulatory filing by the bank to the BSE, the transaction is subject to approval by the UK Financial Regulator - the Prudential Regulation Authority or PRA. ....

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Stocks To Watch In Trade Today (April 1, 2021): HCL Tech, Axis Bank, Indian Oil

Stocks To Watch: HCL Tech, Axis Bank, Indian Oil
HCL Technologies has announced an agreement with Tenneco Inc, an automotive supplier and manufacturer for a multi-year, integrated application development, modernization, and operations services contract
Updated: April 01, 2021 9:00 am IST
Indian Oil Corporation has cut domestic LPG prices by Rs 10 to Rs 809 per cylinder in Delhi
The domestic stock markets are likely to open in the green, post the 1 per cent decline in the previous session, going by positive global cues. The Asian markets are poised to open firm and trends on SGX Nifty indicate a gap-up opening for the index in India, with a 114-points gain. At 7:30 am, the SGX Nifty futures were trading at 14,860, higher by 114 points or 0.95 per cent, on the Singapore Stock Exchange. ....

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axis bank: Axis Bank to sell UK arm to tech platform

(This story originally appeared in
on Apr 01, 2021)Mumbai: Axis Bank has informed the exchanges that it has agreed to sell its UK subsidiary to OpenPayd Holdings. According to the filing, the UK arm contributed Rs 206 crore total income in FY20 and had a net worth of Rs 765 crore as of March 2020. This is almost 1% of the bank’s net worth.
The specified date for the completion of the sale has been fixed at September 30, 2021 and is subject to the approval of the UK Financial Regulator and the Prudential Regulation Authority. The UK unit is being sold for the net asset value plus a fixed premium of $5.5 million. ....

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