NEW DELHI: The Indian market is expected to open flat with a negative bias on Friday tracking muted trend seen in other Asian markets. : SBI on Wednesday said it had raised $300 million (about Rs 2,000 crore) through the country's first additional tier 1 (AT1) bond offering. The company had posted a net loss from ordinary activities after tax of Rs 60.66 crore in the year-ago period, Gujarat NRE Coke said in a BSE filing.State-run BEML Ltd's standalone net loss widened to Rs 107.10 crore for the quarter ended June 30, 2016. IVRCL Ltd has posted a loss of Rs 151.85 crore for the first quarter ended June 30, 2016, as against a loss of Rs 189.65 crore for the corresponding quarter last year on a standalone basis.State-run trading firm MMTC reported a net loss of Rs 7.01 crore for the first quarter ended June 30, 2016. The company had incurred a net loss of Rs 30.55 crore during the corresponding quarter of 2015-16.Rolta Ltd reported a consolidated net profit of Rs 23.1 crore for the quarter ended June 30 compared with Rs 32.70 crore reported in the year-ago period.

Source: Economic Times September 15, 2016 02:40 UTC