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15 January, 2019 10:22 AM Govt going ahead with merger of nationalised banks despite opposition from industry: CPI(M)

The CPI(M) on Tuesday said the government was going ahead with the merger process of three nationalised banks in haste, ignoring opposition from the entire industry. The Communist Party of India (Marxist) politburo, in a statement, said it was concerned over the "haste" in which it was being done. "The politburo is deeply concerned at the unseemly haste 64

9 January, 2019 3:18 AM IL&FS Crisis: Lenders Asked To Classify Loans To Firm As Non-Performing, Says Report

In October, the government took control of IL&FS, after a string of defaults on debt obligations by the company spooked domestic markets. The Reserve Bank of India (RBI) has asked lenders of Infrastructure Leasing and Financial Services (IL&FS) to classify loans extended to the bankrupt shadow banking firm as non-performing, two sources with direct knowledge 95

7 January, 2019 7:10 AM D-Street Buzz: Metal stocks trade higher led by Tata Steel, Welspun Corp; ITC gains

Benchmark indices trimmed some of its morning gains with Sensex is trading higher by 250 points, while Nifty is around 10,800 level. ITC shares gained 1.5 percent intraday on Monday after global investment firm Macquarie maintained outperform call on the stock with a price target at Rs 376, implying 34 percent potential upside. Tata Motors, Axis Bank, Maruti 73

3 January, 2019 6:26 AM Dena Bank, Vijaya Bank Shares Fall After Announcement Of Swap Ratios For Merger

Under the merger plan, Bank of Baroda said it would issue 110 shares of Rs 2 each for every 1,000 shares of Dena Bank worth Rs 10 each. Shares of state-run Dena Bank and Vijaya Bank plunged on Thursday after the Cabinet approved their merger with Bank of Baroda late on Wednesday, in an attempt to clean up the country's banking system. Under the merger 60

2 January, 2019 12:17 PM BoB finalises share swap ratio for merger of Vijaya Bank, Dena Bank

New Delhi: Bank of Baroda (BoB) Wednesday finalised the share swap ratio for merger of Vijaya Bank and Dena Bank with itself. As per the Scheme of Amalgamation, shareholders of Vijaya Bank will get 402 equity shares of BoB for every 1,000 shares held. In case of Dena Bank, its shareholders will get 110 shares for every 1,000 shares of BoB. The government 50

1 January, 2019 6:56 AM D-Street Buzz: FMCG index trades lower led by HUL, Britannia, Colgate; Kolte-Patil Developers up 13%

Benchmark indices continues to trade lower on Tuesday afternoon with Nifty is below 10,850 level. The Sensex is down 83.90 points or 0.23% at 35984.43, while Nifty down 24.50 points or 0.23% at 10838. HDFC Bank, Reliance Industries, HDFC, Infosys and ITC ae the negative contributors to the Sensex. Nifty PSU bank index was up 0.50 percent led by Bank of Baroda 77

23 December, 2018 5:48 AM India vs Australia: Hardik Pandya Clicks 'Best Selfie Ever' With India Teammates

In September, Hardik Pandya had to be carried off the pitch after collapsing holding his back during the Asia Cup fixture against Pakistan. The 25-year-old has struggled to consistently perform in the whites during India's overseas tours of South Africa and England earlier this year but might get a place in the playing XI in the third Test. In September 80

13 December, 2018 2:05 AM Stocks in the news: Jubilant Foodworks, Pricol, Bank of Baroda, Ashoka Buildcon, Strides Pharma, Lupin

Jubilant Foodworks | Pricol | Bank of Baroda | Ashoka Buildcon and Music Broadcast are stocks which are in the news today. Jubilant Foodworks: Company has been allotted 51 lakh ordinary equity shares at a par value of BDT 10 (Bangladesh Taka Ten) each, in Jubilant Golden Harvest Limited (JV company). Subsequent to the allotment, company has become 51 percent 76

7 December, 2018 3:42 PM Ranji Trophy: Gautam Gambhir Leads Delhi's Charge Against Andhra

Gautam Gambhir, playing his final competitive match, lived a charmed life after being dropped twice by Andhra in the Ranji Trophy match. Following the departure of Hiten Dalal, Gambhir and Delhi skipper Dhruv Shorey added another 82 runs as the hosts ended the day 200 runs behind Andhra. Resuming the day on 266 for seven, Andhra's lower order showed 62

4 December, 2018 9:09 AM Bank of Baroda announces 900+ vacancies for Specialist Officers: Recruitment, pay scale details inside

Bank of Baroda Recruitment 2018: The last date for submitting applications is 26 December 2018. Bank of Baroda SO Recruitment 2018: The Bank of Baroda (BOB) announced over 900 vacancies for the posts of Specialist Officers in several scales on its official website bankofbaroda.com. In the recruitment notification, the bank notified positions of Specialist 82