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In another transaction, Axis Bank sold 715,202 shares of Sical Logistics at Rs. 16.2 per share through a bulk deal on the National Stock Exchange.
Stocks in the news: HCL Technologies, Federal Bank, IDBI Bank and Mindtree Life Insurance Corporation of India (LIC) is keen to divest its stake in IDBI Bank, ET NOW reported quoting government sources.
from Stocks-Markets-Economic Times https://ift.tt/3j7w29H
… Read MoreCFO, three others allege fraud at Sambandh FinserveThe whistleblowers said that the management has inflated the company’s assets under management through fictitious loans and also diverted funds to other entities.
from Stocks-Markets-Economic Times https://ift.tt/3dwMD5Z
… Read MoreIrdai comes out with mandatory standard life insurance covers for the first timeThe policy called ‘Saral Jeevan Bima’ has been designed by the Authority as a non-linked, non-par protection policy with stipulated pay out in the event of death of the sum-assured. Insurers have been mandated to file their p… Read MoreJLR brings back 85% furloughed workforceSales in the July-September quarter were 50% more than the previous three months, when most markets around the world were in a lockdown. Its UK factories are now working on two shifts.
from Stocks-Markets-Economic Times http… Read MoreIndian companies may get nod to list in 7 countriesThe ministry of corporate affairs (MCA) and the department of economic affairs have agreed to do away with the contentious clause of dual listing, which required a company to list in India as well as overseas.
from Stocks-Ma… Read More
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