The chairman as well as managing director of Andhra Bank, BA Prabhakar, announced this day that they have been looking forward for loan restructure worth nearly Rs 1,000 crore in the second quarter of the current financial year.
In the latest development, the price of petrol has been increased this day by 70 paisa for each liter as well as the price of the diesel by 50 paisa for every liter due to strengthening oil prices globally.
The government announced this day that it is set to sell 3.56% shares in Neyveli Lignite Corporation or NLC by means of the institutional placement route on August 2 in order to raise more or less Rs 350 crore.
The government announced this day that it already accumulated the amount of Rs 101 crore by means of selling 3.74 crore shares in NFL or National Fertilizers wherein the OFS or offer for sale obtained offers for more than 5.84 crore shares.
GCM Commodity & Derivatives, a firm based in West Bengal, announced this day that it is set to launch its IPO or initial public offering of 35,10,000 equity shares on August 1, which will close on August 5.
Trimax IT Infrastructure & Services, an Integrated IT solutions firm, announced this day that it already submitted documents with SEBI for its IPO or initial public offering of 13,050,000 equity shares.
The S&P BSE Sensex lost 2.64 points or 0.01% to 19,345.70, its lowest closing level since 10 July 2013. The index rose 39.16 points at the day's high of 19,387.50 in mid-afternoon trade. The index declined 221.52 points at the day's low of 19,126.82 in morning trade, its lowest level since 28 June 2013.
The CNX Nifty was down 13.05 points or 0.23% to 5,742, its lowest closing level since 27 June 2013. The index hit a low of 5,675.75 in intraday trade. The index hit a high of 5,752.10 in intraday trade.
The total turnover on BSE amounted to Rs 2366 crore, higher than Rs 1753.18 crore on Tuesday, 30 July 2013.
The BSE Mid-Cap index fell 0.87% and the BSE Small-Cap index fell 0.92%. Both these indices underperformed the Sensex.
Positive 840 Negative 1364 Unchanged 140 From the 30 share Sensex pack, 16 rose and rest fell.
The chief financial officer of Siyaram Silk Mills, Surendra S Shetty, announced this day that they have been looking forward to obtain sales turnover to the amount of Rs 1,200 crore in the current financial year.
The chief financial officer of the sugar producing firm in Tamil Nadu Ponni Sugars (Erode), K Yokanathan, announced this day that they have been looking forward to absorb deficits in the current financial year due to insufficient sugar cane production.
Small Industries Development Bank of India or SIDBI announced this day that it has been looking forward to obtain a 10% increase in loan disbursement which is worth Rs 44,000 crore in the current financial year.