Tuesday, 8 July 2014
·
Axis, Union Bank among 5 new
entrants to UK banking space
Two banks
from India Axis Bank and Union Bank are among the five new entities authorized
to do banking business in the UK during the last fiscal, as per latest
statistics released by the British regulators.
·
ONGC drops on buzz government may
offload 5-10% stake
ONGC lost 4.11% on
reports the government is planning to sell a 5 to 10% stake in state-run oil
& gas exploration firm.
·
Cairn India drops along with crude
oil price
Cairn India
lost 1.89% as oil prices traded lower on reports that the militant insurgency
hasn't spread to Iraq's south, the source of more than three-quarters of its
oil output.
·
Siemens bags order worth Rs 52
crore from NTPC
Siemens has
bagged an order worth Rs 52 crore from NTPC for supply of Distributed Control
System to their power plant in Bihar.
