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FIVE WORLD class comedians, in two studios with multi-camera setups, in two different cities in two different countries, and a live virtual audience? It can only be the Online KARLnival. ....

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Intellect Design Arena and Yes Bank win award for 'Best Fintech Partner in Asia'

Intellect Design Arena and Yes Bank won the Best Fintech Partner in Asia award by IDC Financial Insights at its annual Financial Insights Innovation Awards 2021 (FIIA) held at the 17th Asian Financial Services Congress (AFSC) recently.
The prestigious recognition was received for the implementation of credit origination system powered by Intellect s API first micro-services based Credit Origination and Management platform.
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Intellect Design Arena Ltd leads gainers in 'A' group

West Coast Paper Mills Ltd, Zensar Technologies Ltd, Triveni Turbine Ltd and General Insurance Corporation of India are among the other gainers in the BSE s A group today, 16 March 2021.
West Coast Paper Mills Ltd, Zensar Technologies Ltd, Triveni Turbine Ltd and General Insurance Corporation of India are among the other gainers in the BSE s A group today, 16 March 2021.
Intellect Design Arena Ltd surged 13.42% to Rs 591.9 at 11:48 IST. The stock was the biggest gainer in the BSE s A group. On the BSE, 3.14 lakh shares were traded on the counter so far as against the average daily volumes of 38926 shares in the past one month. ....

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Intellect Design Arena adds over 34% in six days

Intellect Design Arena surged 18.61% to Rs 618.95, extending gains for the sixth day.On the BSE, 4.19 lakh shares of the company were traded in the counter so far, which is 9.98 times jump as compared to the average trading volume of 42,238 shares in the past three months.
The stock has added 34.51% in six sessions from its recent closing low of Rs 460.15 on 5 March 2021. In the past one year, the stock has zoomed 797.59% while the benchmark Sensex has added 60.80% during the same period.
On the technical front, the stock s RSI (relative strength index) stood at 83.888. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. ....

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SBI to conduct e-auctions of 12 bad accounts this month to recover dues

SBI will conduct e-auctions of 12 bad accounts this month to recover dues of over Rs 506 crore under sale to asset reconstruction company (ARC) mechanism.
In terms of the bank s policy on sale of financial assets, in line with the regulatory guidelines, we place these accounts for sale to ARCs/banks/NBFCs /FIs, on the terms and conditions indicated there against, SBI said in sale notifications.
The total outstanding against these companies is Rs 506.22 crore.
Aarya Industrial Products Pvt Ltd has dues of Rs 72.24 crore and the e-auction of the account is slated to take place on March 16.
State Bank of India said Aarya Industrial Products has filed a suit against it in January 2016 before Civil Court, Alipore, Kolkata for claiming recovery damages of Rs 226 crore. ....

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