Nifty futures on the Singapore Stock Exchange were trading 84 points, or 0.80 per cent, higher at 10,549.50, indicating a positive opening start for the Nifty50 in India. The company is expecting a revenue of ₹900 crore every year for supplying 300 MW under a tender floated by Bangladesh Power Development Board (BPDB), a source said. The bank had reported a net profit of Rs 101.7 crore a year ago. The state-owned lender made a loss of Rs 637.5 crore in the three months ended December compared with a net profit of Rs 64 crore a year earlier. About 3 of those faulty engines are with IndiGo and have been grounded after the order from the DGCA.
Source: Economic Times February 14, 2018 02:32 UTC