Money News

Female mosquito’ in Aurobindo Pharma’s facility during inspection

March 12, 2018

This may be laughable but in developed countries there are bare minimum standards for food and drug industries. There are definitions of cleanliness and there is a vast difference of an ocean between what we consider clean and what they consider clean. Even a visit to a small country like Thailand or Malaysia will change […]

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Nomura sells BSE shares worth Rs 111 crore

March 5, 2018

New Delhi: Nomura Asset Management today offloaded nearly 14 lakh shares of stock exchange BSE for a little over Rs 111 crore through an open market transaction. BSE, which got listed on the rival bourse NSE last year, provides a host of other services to capital market participants including risk management, clearing, settlement, market data […]

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SBI posts Rs 2,416-cr loss, provisions for bad loans shoots up drastically

February 9, 2018

Mumbai/Chennai, Feb 9 (IANS) India’s largest bank, State Bank of India (SBI), on Friday said it closed the third quarter of the current fiscal ended December 31 with a net loss of Rs 2,416.37 crore. In a regulatory filing to the BSE, the bank said it had posted a net profit of Rs 2,610 crore […]

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