SJVN Green Energy Ltd (SGEL), a fully owned subsidiary of SJVN, signed two memorandums of understanding (MoUs) on August 9, 2023, one with ONGC and the other with Sambhar Salts, a division of Hindustan Salts. The agreement with ONGC will open the door for joint development of renewable energy projects, including offshore and onshore solar, …
Today, the demerged entity of Mirza International, Redtape Limited, made its market debut. The shares of Redtape debuted on the BSE at Rs 475 each, reaching an intraday high of Rs 498. The current market capitalisation of the company stands at Rs 6302 crore. As of now, while composing this article, they are being traded …
On Friday, the benchmark indices were trading red with Sensex up around 231 points or 0.35% at 65,457 and the Nifty-50 up around 71 points or 0.36% at 19,473. About 1,692 shares have advanced, 1,550 declined, and 170 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …
The trading session concluded with the Sensex and Nifty both recording losses of 0.47% and 0.46%, respectively. Meanwhile, the Nifty Midcap experienced a slight decrease of 0.08%, while the Nifty Smallcap saw a more significant drop of 0.47%. Among sectors, Nifty Media, Nifty Metal, and Nifty Energy emerged as the top gainers, displaying strong momentum. …
At 2 pm, the shares of Nippon Life India Asset Management were trading at Rs 320.30, up by 1.42% from its previous closing of Rs 315.80 on the BSE. Nippon Life India Asset Management has launched Nippon India Innovation Fund (An open-ended equity scheme investing in innovation theme). The Fund will predominantly invest in a …
Indian frontline indices were trading down after the RBI chose not to modify repo rates, however, the CPI inflation prediction for FY24 was lifted from 5.1% to 5.4%. Telecommunications, fast-moving consumer goods, and banking sectors performed the worst today, while power and utilities were the only gaining sectors. Schneider Electric Infrastructure, a heavy electrical equipment …
The National Company Law Tribunal (NCLT) has approved the proposed merger of Zee Entertainment Enterprises Ltd with Sony India. Initially reserving its verdict on the merger between Zee Entertainment Enterprises and Culver Max Entertainment (previously known as Sony Pictures Networks India) on July 10, The NCLT’s approval led to a 15% jump in the company’s …
Uno Minda has reported results for the first quarter ended June 30, 2023 or Q1FY24. The company has reported a 49.79% rise in its net profit at Rs 135.16 crore for the quarter under review as compared to Rs 90.23 crore for the same quarter in the previous year. The total income of the company …
The benchmark index S&P BSE 500 opened today at 26,971.36 and made its day high at 26,991.59 and it is trading in red, down by around 0.20% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% …
The Make in India scheme was started by the Union Government of India, in September 2014, to boost the manufacturing capabilities of India. It was spearheaded by the Department for Promotion of Industry and Internal Trade under the Ministry of Commerce and Industry. The scheme has the following primary objectives: Attract foreign companies to set …
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