Tata Motors retained top position in the buying list of Nifty50 stocks, rising nearly 6 percent after good JLR show in the US in March.
Corporate Affairs Secy on ICICI Bank-Videocon matter: It is well within the SIFO's ambit to make a reference about a case but there is no such reference currently with the corporate affairs ministry on the issue involving ICICI Bank and Videocon Group, a senior official said.
Against the backdrop of controversy over the alleged conflict of interest and quid pro quo involving ICICI Bank CEO Chanda Kochhar and her family members in extending a loan to Videocon Group, reports said the Serious Fraud Investigation Office (SFIO) has sought permission to look into the matter.
The probe agency comes under the Corporate Affairs Ministry.
On whether the matter is being looked at by the SFIO, Corporate Affairs Secretary Injeti Srinivas said there is no such reference in the ministry and added that the RBI is the regulator that is looking into it.
"If the SFIO considers it necessary to make a reference to the ministry, it is well within its ambit," he told reporters.
Benchmark indices extended losses, with the Sensex falling 333.36 points or 1 percent to 33,037.27 after China unveiled new retaliation plan for US tariffs.
The Nifty fell 111.80 points or 1.09 percent to 10,133.20.
The market breadth turned negative as about 1,394 shares declined against 1,078 advancing shares on the BSE.
If you want more information regarding the Market News & many other tips like share market tips, investing in stocks, share trading tips, commodity tips, intraday trading tips.
Visit: http://www.tradecure.com
Give Us A Missed Call @ 7415077760
MMMFS STOCK CASH BUY AXIS BANK 723.50 TGT 730.50-737-745 SL AT 713.50
ReplyDeleteSTOCK CASH BUY CALL OF AXISBANK NEAR TO TGT BOOK SOME PROFIT @727.40
Get Free Trials
If you had financial problems, then it is time for you to smile. You only need to contact Mr. Benjamin with the amount you wish to borrow and the payment period that suits you and you will have your loan in less than 48 hours. I just benefited for the sixth time a loan of 700 thousand dollars for a period of 180 months with the possibility of paying before the expiration date. Make contact with him and you will see that he is a very honest man with a good heart.His email is lfdsloans@lemeridianfds.com and his WhatApp phone number is + 1-989-394-3740
ReplyDelete