Lupin Ltd said that its corporate social responsibility (CSR) arm, Lupin Human Welfare and Research Foundation (LHWRF) has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan to strengthen the healthcare system. Its shares were trading at 715.25 apiece at 12:43 PM on Wednesday. It will address the prevalence of Cardiovascular Disease (CVD) [...]
As a part of its periodic review which takes place Semiannually in June and December, the 30 shares index BSE has announced a rejig in its constituents. The index includes some of the highly valued and liquid companies in India. The Sensex Next 50 index is designed to measure the performance of the next 50 [...]
The shares of UCO Bank opened at Rs 15.85 on Monday and gained as much as 17 percent to reach its new 52-week high of Rs 18.65 in the early trading hours. In the past five days, the stock has gained approximately 25 percent. UCO Bank, formerly United Commercial Bank, is an Indian public sector [...]
India’s largest conglomerate, Tata group, recently announced its plan to integrate the four airline brands- Air India, Vistara, Air India Express, and AirAsia India, under Air India Ltd. In addition to that, it is also considering scrapping the Vistara brand, which is Singapore Airlines’ local affiliate in India. Vistara brand is a joint venture between [...]
Buoyed by an announcement the shares of Timken India rose 19.31% and were trading at ₹ 3486.00 apiece at 01:47 PM on Thursday. Timken India is a part of the global Timken group. It manufactures, distributes and sells anti-friction bearings, components, accessories and mechanical power transmission products for the customer base across different sectors. In [...]
Adani Realty, the real estate arm of the Adani group, along with DLF and the Naman Group have submitted their bids for the redevelopment of Asia’s largest slum, Dharavi, situated in Maharashtra. The project is estimated to cost over Rs 20,000 crore. In October, the Maharashtra authority floated the tender for the redevelopment project. The [...]
The shares of Tata Consultancy Services Limited (TCS) were trading in green at Rs 3,349 levels till the afternoon on Wednesday. In the past five days, the stock has gained approximately 5 per cent. The Tata group IT giant became the lone bidder for the much-awaited Bharat Sanchar Nigam Limited (BSNL) 4G rollout soon. TCS [...]
The shares of India’s third-largest satellite TV provider surged 9% on Wednesday to reach an intraday high of ₹ 16.35. Ace investors are picking the company’s shares, while retail investors are offloading them. This increase comes after a change in the leadership of Dish TV. Dish TV has faced challenges both on the corporate and [...]
The biggest merger in the Indian Information Technology (IT) sector has received approval from the Securities and Exchange Board of India (SEBI). L&T Infotech and Mindtree announced their plans for the merger in May 2022. The merged entity will get the name ‘LTIMindtree’ and will be listed on the Indian stock exchanges on November 24th, [...]
The shares of the largest insurance company, Life Insurance Corporation of India opened at Rs 665 on Tuesday. However, till the afternoon the stock declined by 1 percent to trade at Rs 657 levels. This came after the stock rallied by more than 8 percent on Monday after the insurer reported robust growth in its [...]
