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Latest News
  • M D Mallya The Frontrunner To Succeed Sharma As ICICI Non-exec Chairman
    2018-06-06, By: System Administrator
    Private sector icici bank has initiated the process of appointment of non-executive chairman as the term of incumbent m k sharma is coming to an end on june 30. The process has started and the board has to take a call if the appointment has to be made from the existing pool of independent directors or by inviting an outsider to take up the position, sources said. As the term of the current chairman is coming to an end so a new chairman has to be appointed, sources added. Among various independent directors, seasoned banker and former bank of baroda chairman and managing director m d mallya is set to be the frontrunner to succeed sharma. Mallya was recently appointed to the icici bank board as an independent director on may 29.
  • Tech View: Nifty50 Forms Bearish Engulfing Pattern, 10,620 Level Key
    2018-06-06, By: System Administrator
    The bulls were at the receiving end on monday. Their comeback attempt went in vain, and the nifty50 ended the session at the days low. In the process, the 50-pack index formed a bearish engulfing pattern on the daily chart. A breach of the 10,600-620 range in the coming session may further weaken the technical outlook for the index. On the other hand, the 10,770 level proved too strong a hurdle and may remain so over the next few sessions. For the past three sessions, the nift ..
  • Vegetable Prices Jump In India As Farmers Go On Strike
    2018-06-07, By: System Administrator
    Vegetable prices jumped as much as 10 percent in major indian cities, including mumbai and delhi, as a four-day old strike by millions of farmers curtailed supplies. Farmers began their 10-day protest on friday to press demands such as farm loan waivers and higher prices for produce such as cereals, oilseeds and milk. "wholesale prices of some vegetables like tomatoes and french beans have risen due to lower supplies," said a mumbai-based vegetable vendor mahesh gupta.
  • GCL Won Kisan Pragati Award 2017
    2018-06-06, By: System Administrator
    Ganganagar commodity limited (gcl), one of india's prestigious financial services group has won the "kisan pragati award" at a function organized by ncdex. Ncdx has selected gcl for the award under outstanding performance, category in agriculture commodity in west zone (rajasthan and gujarat) of india. Vishal bagadia and honey sharma, director (s) of gcl have received the award from central food and civil supplies minister ram, vilas paswan and union minister of state for water resources, arjun ram meghwal in a grand ceremony held in hotel taj, new delhi. On the occasion, vishal bagadia, director ganganagar commodity limited said that gcl has been active in the field of commodity exchange from last 13 years. The company is offering services of broking and investment in equities, currency, insurance, mutual funds, along with the online and offline procurement of commodities, hedging and trading to its customers.
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