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Stocks in news: Granules, JSW Steel, Ultra Tech, Mindspace Biz ,Burger king IPO and more
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Non-bank NPAs to rise, derail sector recovery: ICRAThe rise in the NPAs would be double that of the 40 to 50 basis points reported in the fiscal ended March 2021 as loans in risky segments like real estate, personal loans, micro finance, loans to SMEs and vehicle finance whic… Read More
NCLT orders liquidation of Choksi’s Nakshatra WorldThe ruling came on an insolvency petition ICICI Bank filed around two years ago against the company, which was also allegedly involved in a money laundering case reported at the Punjab National Bank. The court appointed Santa… Read More
NARC, provision buffers to help banks contain Covid 2.0 damageAsset quality is still a major concern for many Indian banks even as non-performing assets (NPA), on average, could be contained, the global consultancy firm said. from Stocks-Markets-Economic Times https://ift.tt/3jmsc0r … Read More
Traders add bets in oil & gas, metals and insurance countersReliance Industries could see further correction in share price while Apollo Hospitals Enterprise is expected to surge 8-10% more in the near-term. from Stocks-Markets-Economic Times https://ift.tt/3AapnFt … Read More
RIL lines up petrochemical play with Adnoc in UAEMukesh Ambani flagship RIL will be investing $1.2-1.5 billion in a factory to produce ethylene dichloride (EDC), located next to Adnoc’s integrated refining and petrochemicals site in Ruwais — the biggest such complex in the … Read More
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