BoB will Raise $500 Mn, Overseas Loan
Bank of Baroda (BoB) is planning to raise $500 million via an overseas loan as it seeks to expand its offshore investments and credit, as...
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HFCL Soon Invests Rs 450 Crore, Making Telecom arts
HFCL, an Indian telecom company incorporated in 1987, has invested Rs 450 crore in the Design-Linked Incentive (DLI) scheme of the Department of Telecommunications (DoT)...
US Fiscal Year Begins, Records $31 Trillion Gross National Debt
On Tuesday, the Nation’s gross national debt surpassed $31 trillion, as per the US Treasury report, logging America’s daily finances. Edging closer to $31.4 trillion,...
Asian Stocks Rebound on Signs That Rate Hikes Are Working
On Wednesday, Asian shares rose as investors hoped that future global interest rate hikes might become less aggressive. Previous policy tightening works to ease price...
Electronics Mart India IPO Subscribed 1.69 Times
On Tuesday, Electronic Mart India, the durable retail chain of consumers, announced that the initial public offer (IPO) was subscribed 1.69 times on the first...
Gold Rose By Rs 550, Silver by Rs 4,400, Sold at Rs 61,800
Gold and silver prices edged higher in early trade on Wednesday, with 10 grams of the yellow metal (24 carats) trading at Rs 51,660 after...
Hindustan Zinc’s Mined Metal Production Marginally Up in Q2
In the July-September quarter, Vedanta group company Hindustan Zinc’s mined metal output increased by 3 per cent to 2,55,000 tonnes on the back of better...
Wall Street Futures Climb 1% as US Treasury Yields Retreat
On Tuesday, Wall Street futures rose more than 1 per cent as a pullback in US Treasury yields boosted the demand for stocks, with investors...
Bank of America Plans to Invest $100 Million in Minority-Owned Banks
The Bank of America Corp (NYSE: BAC) plans to invest $100 million in banks that concentrate on minority communities, taking equity stakes of less than...
CCI Grants Conditional Approval to Zee-Sony Merger
On Tuesday, CCI (Competition Commission of India has granted conditional approval to the proposal for merger of Sony Pictures Network India and Zee Entertainment Enterprises...