Torrent Power Limited stands as a prominent integrated power utility company in India, operating extensively in the generation, transmission, and distribution of power. The company has a significant presence across multiple states in India, including Gujarat, Maharashtra, Uttar Pradesh, and Karnataka. The company’s share price touches a significant milestone of Rs 1,000 each today. The …
On Wednesday, the benchmark indices were trading mixed with the Sensex down around 20 points or 0.03% at 65,959 while the Nifty-50 up around 24 points or 0.11% at 19,715. About 2,087 shares have advanced, 1,426 declined, and 148 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
Infosys has signed a strategic collaboration with Danske Bank, a leading Nordic Bank, to accelerate the bank’s digital transformation initiatives with speed and scale. This collaboration will help Danske Bank achieve its strategic priorities towards better customer experiences, operational excellence, and a modernized technology landscape, powered by next-gen solutions. Headquartered in Denmark, Danske Bank provides …
The benchmark index S&P BSE 500 opened today at 28,553.41 and made its day high at 28,661.31 and it is trading in green today, up by more than 0.75% From the same space, these are the top 3 companies that outperformed the benchmark index and were up …
The stock market consists of various participants who buy and sell numerous shares. These participants can be categorised into retail investors, large investors, and institutional investors. Retail investors are typically smaller investors, while large investors are individuals with high net worth. What is a bulk deal? A bulk deal is a type of transaction where …
In November, the broader indices such as Nifty and S&P BSE Sensex experienced a robust rally, concluding the month with a strong bullish sentiment. Regarding Nifty, it commenced the month at 19,064, reaching an intraday high of 20,158 and a low of 18,973. Finally, it concluded the month at 20,133, marking a substantial increase of …
The Indian headline indices kicked off the trading session on a cheerful note, driven by substantial gains in power, utilities, real estate, and capital goods sectors. However, BSE Information Technology and BSE Teck were the sole sectors experiencing losses. With 2,290 shares rising on the BSE and 1,104 shares declining, the advance-decline ratio strongly remained …
About Integration of Viatris’ Biocon’s subsidiary — Biocon Biologics has completed the Integration of Viatris’ Biosimilar Business in 31 Countries in Europe. Following the acquisition of substantially all of the global biosimilar business of Viatris in November 2022, and the related integration of over 70 emerging market countries in July 2023 and North America in …
Whirlpool Corporation, a global giant in home appliances, has recently unveiled its plans to divest up to 24% of its ownership interest in Whirlpool of India Limited, a move set to reshape its financial landscape. The decision, as outlined in the company’s official announcement on November 30, 2023, aims to enhance balance sheet flexibility by …
In a significant move within the cement industry, Kesoram Industries Limited has announced its decision to demerge its Cement Business, paving the way for an acquisition by UltraTech Cement Limited. The board of directors at UltraTech has given the green light to this transformative move, approving a Scheme of Arrangement that positions UltraTech to absorb …
