In the stock market world, promoter confidence can be a strong indicator of a company’s potential for growth and stability. When promoters—the key stakeholders and often founders—increase their stake in a company, it often signals their belief in the company’s future prospects. Let’s explore some companies where promoters have demonstrated increased confidence by raising their …
Industry leader Fischer Medical Ventures Ltd (Fischer MV) and Nanyang Biologics (NYB), a rising star in drug discovery, have joined forces to revolutionise the healthcare landscape. This strategic partnership, announced on July 16, 2024, signifies a commitment to delivering innovative, evidence-based solutions that promote holistic health and well-being. Fischer MV, formerly Fischer Chemic Ltd, is …
The benchmark index S&P BSE 500 opened today at 36,753.59 and made its day high at 36,780.12, and it is trading in green today, up by around 0.30%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Chennai Petroleum Corporation Ltd …
On Tuesday, the benchmark indices were trading in the green with the Sensex up around 120 points or 0.18% at 80,790, while the Nifty-50 was up around 55 points or 0.22% at 24,642. About 2,115 shares have advanced; 1,079 declined and 117 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Domestic indices continued their upward trend, hovering around 52-week highs on the bourses. Broader indices outperformed the main indices by a notable margin. At 10:10 am, the BSE Sensex added 0.12% reaching a level of 80,763. The Nifty 50 index gained 0.15% to the 24,622 level. On the Sensex, Bharti Airtel, Infosys and Tata Steel …
Yes Bank Limited issued a statement on July 16, 2024, regarding a recent order received from the Tamil Nadu Goods and Services Tax (GST) department. The order, dated July 15, 2024, pertains to a demand for the reversal of input tax credit (ITC) claimed by the bank, along with associated interest and a penalty of …
On July 16, 2024, Rites Ltd, a leading engineering consultancy firm in India, secured a significant contract from the Public Works Roads Department (PWRD) of the Assam government. The project involves providing consultancy services for third-party monitoring and quality control of 47 roads spanning a total length of 996.7 kilometers across Assam. This project falls …
On July 16, 2024, RateGain Travel Technologies Limited announced a new partnership in a stock exchange filing. Its airline pricing solution, AirGain, has teamed up with Hahnair, a well-known German airline specialising in comprehensive ticketing and distribution services. This collaboration aims to enhance Hahnair’s airline distribution by integrating AirGain’s advanced pricing intelligence technology with Hahnair’s …
The Indian Renewable Energy Development Agency (Ireda) is charting a course for ambitious expansion. Led by Chairman and Managing Director (CMD) Pradip Kumar Das, the company is pursuing a multi-pronged strategy that involves a follow-on public offer (FPO), cost-cutting measures, and potential benefits from a green bond market. Ireda’s primary goal is to achieve a …
Rays Power Infra, a key player in India’s solar Engineering, Procurement, and Construction (EPC) service sector and a company eyeing an Initial Public Offering (IPO), marked a strong start to the fiscal year by announcing the acquisition of new projects worth ₹833 crore in the April-June quarter of 2024. This significant win translates to over …
