Banks raising overseas capital for tier-I part under Basel-III !

The 50-share Nifty index is expected to open higher on Friday following mixed trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological level of 6,100 in trade today ahead of crucial GDP data. Stocks in news are Heidelberg Cements, Idea, BHEL, L&T, Nevyeli Lignite Corporation, Arvind, TCS, United Bank of India, Wipro and Sugar Stocks.

Today’s Headlines

1) RBI begins probe into UBI over mounting bad debts.
2) IKEA looks to scale up furniture sourcing from India.
3) Kristal Spirits eyes 10% share in Indian premium vodka market.
4) Telcos migrating to IP backbone on rising data usage: NSN chief.
5) Banks raising overseas capital for tier-I part under Basel-III.

Read detail analysis report here: - http://www.quora.com/Rahul-Prasad-12/Posts/Banks-raising-overseas-capital-for-tier-I-part-under-Basel-III