On Thursday, the benchmark indices were trading in the red with the Sensex down around 145 points or 0.20% at 77,191, while the Nifty-50 was down around 34 points or 0.14% at 23,482. About 2,257 shares have advanced; 1,225 declined and 161 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Seedlings India Private Limited, a wholly-owned subsidiary of Best Agrolife Limited, has secured a significant win with the Central Insecticides Board & Registration Committee (CIB&RC). The regulatory body has granted Seedlings a license for the indigenous manufacture of a powerful new insecticide formulation. This new product, a combination of three active ingredients – Chlorantraniliprole 4.5%, …
IndianOil, a leading integrated energy company in India, has signed a joint venture agreement with GPS Renewables, a prominent biofuels company. This collaboration marks a significant step towards promoting sustainable energy solutions in the country. The 50:50 joint venture will be dedicated to advancing biofuel adoption across India. Focus on Biogas Technology and Reducing Emissions …
On June 19, 2024, Radico Khaitan announced that its luxury brands dominated the 2024 John Barleycorn Awards, a prestigious competition for recognising excellence in the spirits industry. The company’s Rampur Jugalbandi #3 secured the coveted title of Best World Whisky, while Jaisalmer Gold Indian Craft Gin triumphed in the Best Gin category. Both award winners …
On June 19, 2024, Gokaldas Exports Limited (GEX), a major player in the textile industry, struck a strategic deal with BRFL Textiles Private Limited (BTPL) to bolster its vertical integration and fuel future growth. GEX will infuse ₹50 crore into BTPL through Optionally Convertible Debentures (OCDs) in an initial tranche. The agreement allows for further …
On June 19. 2024, Yatra Online Limited has announced a significant expansion in its stake in the adventure tourism sector. The company has acquired the remaining 49% stake in its joint venture, Adventure and Nature Network Private Limited (ANN), making ANN a subsidiary of Yatra Online. This transaction was formalised through a Share Purchase Agreement …
The Indian automobile industry has seen remarkable growth in recent years, bolstered by factors such as improving economic conditions, rising personal incomes, increased availability of semiconductor chips, and a reduction in input costs. Similar to the defence sector, Auto ancillaries has seen substantial growth due to strategic government initiatives and increasing self-reliance, the auto component …
Brigade Enterprises has announced a significant investment of Rs. 150 crore to construct the third tower of the World Trade Center (WTC) in Kochi’s Infopark. This development is set to further strengthen Kochi’s position as a key commercial hub in Kerala and is expected to generate employment opportunities. Project Overview The World Trade Center Kochi, …
On June 19, 2024, the Nifty 50 fell 0.18% and closed at 23,516, and the Sensex was flat at 77,314, reflecting a rise of 0.02%. Top Gainers and Losers On the sectoral front, Nifty Private Bank, Nifty Bank, Nifty Financial Services, and Nifty Nifty Financial Services 25/50 ended in the green. Meanwhile, Nifty Realty, Nifty …
On Wednesday, the market saw a mixed close after hitting record highs intraday. All four frontline indices reached record highs today. Buying in major private banking names helped Nifty Bank achieve a record high. Sensex gained 0.05% to close at 77,337.60, while Nifty declined 0.15% to close at 23,516. In the sectoral landscape, Nifty Bank, …
