Saturday, December 26, 2020

SBI, Union Bank, IOB mark RCom account as fraud

The State Bank of India (SBI), the Union Bank of India (UBI) and the Indian Overseas Bank (IOB) have marked Reliance Communication Ltd (RCOM) account as fraud, according to banking sources. https://ift.tt/3aJmRvN

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Netherlands-based ASM, whose deposition tools are used to make advanced chips, projects Q2 revenue of ~€980M, above €886.8M est., driven by AI demand (Sarah Jacob/Bloomberg)

Sarah Jacob / Bloomberg : Netherlands-based ASM, whose deposition tools are used to make advanced chips, projects Q2 revenue of ~€980M, a...