Stockarchitect
NARCL offers Rs 640 crore for Simplex Infra debt November 10th, 2023 07:27
The offer from the NARCL includes ₹590 crore for banks having a fund-based exposure and ₹50 crore for banks with non-fund-based exposure.

Stockarchitect
Adding more than just shine to your portfolio, gold's an essential asset November 10th, 2023 07:27
While the yellow metal may not be at top-of-the-table in terms of returns, its role in portfolio diversification remains critical, wealth advisors said. Gold is seen gaining in high single digits over the next few months.

Stockarchitect
Dabur's Burmans seek probe into Religare share sale by chairperson November 10th, 2023 07:27
In an email sent to Sebi and bourses on November 8 that has been reviewed by ET, four entities - MB Finmart, Puran Associates, VIC Enterprises and Milky Investment and Trading Co - that collectively hold 21.24% in Religare said Sal chairperson Rashmi Saluja sold a portion of her personal holdings in the firm soon after a meeting with a representative of the Burmans.

Stockarchitect
IOB invites bids for Rs 457-crore MSME loans November 10th, 2023 07:27
​​The bank will give preference to bids offering a higher cash portion. The recovery involves a cash portion of ₹137 crore and an equal sum in SRs, taking the total recovery to ₹274.4 crore, which is 60% of the book's outstanding amount, according to a bid document.

Stockarchitect
From Russia with love: Corporate bonds may get Vostro funds to boost trade settlement in rupee November 10th, 2023 07:27
Earlier this year, Russian officials said that Moscow had accumulated billions of rupees in Indian banks that couldn't be used. Industry estimates peg this amount at $7-8 billion. Until July 2, the RBI had approved 34 applications from different Russian banks for opening SRVAs in 14 Indian commercial lenders.

Stockarchitect

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OpenAI investors see more startup opportunities despite ChatGPT expansion November 10th, 2023 07:27
Investors are still hunting for new AI products that could help consumers interact better with the technology and address deep tech issues such as brain computer interface, they said.

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ASK Automotive IPO | Check grey market premium; listing allotment dates November 10th, 2023 07:27
ASK Automotive IPO | The shares of auto ancillary company may start trading on the bourses with effect from November 15, i.e. T 3 timeline instead of T 6 timeline set by the company earlier.

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Yields jump, stocks fall as Jerome Powell suggests higher rates possible November 10th, 2023 07:27
The fight to restore price stability "has a long way to go," Powell said in comments that delved into how he sees the final phase of fighting inflation unfold, with possibly more "disinflation" needing to come from an economic slowdown.

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Google wants AI chatbot Bard to help it reach billions of users November 10th, 2023 07:27
Bard, which lets consumers brainstorm and fetch information with the help of new artificial intelligence, is laying the ground work for Google to attract still more customers, its Product Lead Jack Krawczyk said in an interview.

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