After reaching all-time highs in the previous trading session, domestic indices struggled to gain momentum in early trades today but later managed to gain traction. The sectoral gains were led by the capital goods, power, oil & gas, and auto sectors. At 10:35 am, the BSE Sensex gained 0.28% reaching a level of 76,703. The …
On Tuesday, the benchmark indices were trading in the green with the Sensex up around 175 points or 0.23% at 76,661, while the Nifty-50 was up around 57 points or 0.24% at 23,315. About 2,491 shares have advanced; 991 declined and 157 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
L&T Technology Services Limited (LTTS), a leading engineering services company, and the Indian Institute of Technology Hyderabad (IIT Hyderabad), a premier academic institution, have announced a groundbreaking collaboration. This partnership aims to propel advancements in the automotive industry by focusing on Advanced Driver Assistance Systems (ADAS) and Cellular Vehicle-to-Everything (CV2X) communication technologies. This collaboration highlights …
Vodafone Idea Ltd (VIL), India’s leading telecom operator, announced a crucial board meeting scheduled for Thursday, June 13, 2024. The agenda centres on proposals for issuing equity shares or convertible securities to vendors on a preferential basis. This move signifies Vodafone Idea’s proactive approach to addressing outstanding dues and strengthening its financial position. Addressing Vendor …
Cosmic CRF Limited, a leading manufacturer of cold-rolled stainless steel sections, has announced a significant boost to its order book with the successful acquisition of 3 new contracts. The company revealed these developments on June 10, 2024, signifying continued growth and strong industry demand for their high-quality products. Strengthening Strategic Partnerships Two of the new …
EKI Energy Services Ltd. (EKI), a leading global developer and supplier of carbon credits in International Carbon Markets, has strongly supported the recent approval by the Integrity Council for the Voluntary Carbon Market (ICVCM). This decision marks a significant step forward in ensuring the integrity and effectiveness of carbon credits within the voluntary market. The …
On June 10, 2024, H.G. Solar Projects Private Limited, fully owned by H.G. Infra Engineering Limited, formed a new subsidiary called H.G. Jaipur Solar Project Private Limited. The acquisition could be categorised as a related party transaction since the investment is in a step-down subsidiary, fully owned by H.G. Solar Projects Private Limited and wholly …
On June 10, 2024, Domino’s, the largest quick-service restaurant (QSR) chain in India, revealed the inauguration of its 2000th store in the nation. To mark this significant milestone, the brand expanded its footprint by launching seven new stores strategically located within its seven operational regions nationwide. Since its first store in New Delhi in 1996, …
Market Turbulence and Recovery: A Tale of June 4th On June 4th, the Indian equity markets experienced unprecedented turbulence, recording the sharpest single-day fall since the pandemic outbreak. This decline was primarily due to the actual voting results showing an underperformance by the BJP compared to the exit polls. As a result, uncertainty gripped the …
Indian equity markets were seen trading in the green, with Sensex and Nifty up by 0.21% and 0.22%, respectively. One stock that is buzzing in early deals is Suzlon Energy. Shares of Suzlon were seen trading near the day’s high up by 3%, with about 2.45 crore shares changing hands. So, what is the buzz …
