Wipro inches up on collaborating with Microsoft

Wipro is currently trading at Rs. 460.50, up by 2.25 points or 0.49% from its previous closing of Rs. 458.25 on the BSE. The scrip opened at Rs. 462.00 and has touched a high and low of Rs. 462.00 and Rs. 460.45 respectively. So far 5032 shares were traded on the counter. The BSE group … Read more

Reserve Bank of India proposes tighter rules to govern lending to projects under implementation

Reserve Bank of India

The Reserve Bank of India (RBI) has proposed tighter rules to govern lending to projects under implementation. The central bank’s draft rules include a classification of the projects as per their phase and higher provisioning of up to 5 per cent during the construction phase, even if the asset is standard. It can be noted … Read more

Jio, Airtel and other telecom companies are worried about the increasing heat waves

Jio, Airtel

As temperatures rise in many parts of India, the cost of air conditioning for telecom towers is expected to rise. These facilities are important to ensure uninterrupted operation of base stations for mobile connectivity around the clock. According to a report in Economic Times, industry executives and analysts said that telecom operators such as Jio, … Read more

Marsons touches roof on bagging orders worth Rs 9 crore under RDSS scheme

Marsons

Marsons is currently trading at its upper limit of Rs. 53.32, up by 1.04 points or 1.99% from its previous closing of Rs. 52.28 on the BSE. The scrip opened at Rs. 53.32 and has touched a high and low of Rs. 53.32 and Rs. 53.32 respectively. So far 11570 shares were traded on the … Read more