Adani Group is the third largest conglomerate in India, headquartered in Ahmedabad. The group has a total market capitalisation of more than Rs.15 Lakh Crores. Six of these Adani Group companies including Adani Enterprises, Adani Ports & Special Economic Zone, Adani Power, Adani Energy Solutions, Adani Wilmar and Adani Total Gas have received show-cause notices …
The Indian Energy Exchange (IEX), India’s leading electricity exchange, released its April 2024 trading data on May 02, 2024, which showcases positive developments across various segments. Overall Volume Up During the month, total volume on the exchange witnessed a YoY growth of 14.1% to 9,044 Million Units (MU). This growth reflects a thriving electricity market …
Thomas Cook (India) Limited, a leading travel and tourism company known for its omnichannel services, announced a strategic expansion in the Mumbai Metropolitan Region (MMR). On May 02, 2024, the company inaugurated two new franchise outlets in Goregaon and Panvel, strategically chosen high-growth markets poised for significant travel demand. Expanding Network These new outlets bring …
The benchmark index S&P BSE 500 opened today at 33,462.68 and made its day high at 33,476.11, and it is trading in green today, up by more than 0.40%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Ajanta Pharma Ltd …
Coromandel International Limited, India’s leading player in agri-solutions, announced a strategic investment in Ecozen Solutions Private Limited (Ecozen) on May 2nd, 2024. This move underscores Coromandel’s commitment to fostering innovation and sustainability within the agricultural sector. Investment Details Subsidiary In Charge: Coromandel International’s wholly-owned subsidiary, Dare Ventures Limited, spearheaded the acquisition of 31,065 preference shares …
One of the world’s leading renewable energy (RE) companies, Adani Green Energy Limited, through an exchange filing dated May 02, 2024, announced that the company had secured USD 400 million in financing for its under-construction 750 MW solar projects in Rajasthan and Gujarat by a consortium of 5 leading international banks. The consortium includes Cooperative …
The real estate division of the Max Group, Max Estates Limited (Max Estates), announced in an exchange filing on May 02, 2024, that it had entered a legally binding agreement for a possible Group Housing Residential construction on 18.23 acres of land. The development area in Gurugram, which spans over 4 million square feet, has …
On Friday, the benchmark indices were trading in the red with the Sensex down around 200 points or 0.25% at 74,435, while the Nifty-50 was down around 22 points or 0.10% at 22,628. About 1,578 shares have advanced; 1,935 declined and 174 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Bajaj twins, Bajaj Finance and Bajaj Finserv, spearheaded today’s gains, propelling the indices closer to their all-time highs on the bourses. Additionally, power, metal, and utilities sectors emerged as other leading gainers, with all sectoral indices posting notable gains. The initial gains were considerably reduced later on. At 10:10 am, the BSE Sensex added 0.08% …
The calendar year 2024 has been a roller coaster ride for the stock market. Market participants have faced uncertainties due to a mix of potential rate cuts and geopolitical issues. However, a resilient domestic economy has kept investor morale high. As a result, the NSE benchmark Nifty 50 index is up about 4.83% and reached …
