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IDBI Appoints Prakash Sawhney As Additional Director

IDBI Appoints Prakash Sawhney As Additional Director
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IDBI Bank Limited Appoints Ajay Prakash Sawhney as Additional Director, Effect from August 28, 2023

IDBI Bank Limited approved the appointment of Shri Ajay Prakash Sawhney as an Additional Director on the Board of the Bank with effect from August 28, 2023. Shri Sawhney is not related to any other. ....

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Nifty, Sensex Remains Under FII Selling Pressure – Weekly Closing Report

On Monday, 2209 stocks advanced, 1470 declined and 199 remained unchanged, with an advance decline ratio of 1.50 on the Bombay Stock Exchange (BSE), indicating a positive closing of stocks in broader markets. Markets opened the week with a gain of more than 0.5%, following encouraging global signs. Beaten-down sectors of the previous sessions, such as IT, metals, power, and oil & gas stocks, performed well while a strong buoyancy in Asian and European indices boosted the local market confidence. ....

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Nifty, Sensex Under Selling Pressure – Thursday Closing Report

On Thursday, 1791 stocks advanced, 1769 declined and 155 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 1.01, indicating a positive closing of stocks in broader markets. Global markets are still reeling from the effects of the US rating downgrade, as evidenced by rising bond yields and a strengthening dollar index. The pharma sector, on the other hand, has weathered the storm thanks to its earnings results, while mid and small-cap stocks have outperformed the benchmark index. The domestic service PMI has outperformed market estimates, reaching a 13-year high. ....

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WorldAce Investments Limited & OOO Granite Construction Heads of Terms for Potential Disposal

Further to our previous announcement on 14 June 2023, PetroNeft announces that it has entered a non-binding conditional Heads of Terms with Pavel Tetyakov to sell its entire interests in WorldAce. ....

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