On Monday, India and the UK reaffirmed their commitment to hastening the conclusion of their free trade agreement (FTA). Finance Minister Nirmala Sitharaman and UK Chancellor of the Exchequer Jeremy Hunt both expressed a desire to move the free trade agreement along during a joint press conference. "There is definitely some discussion on the FTA...the [...]
This micro-cap stock jumps upto 9% after the company received multiple orders. The stock has delivered 16% returns to the investors in past six months. The stock closed 16% blow the 52-week high. The company shares are currently, trading above the both 50-day and 200-day moving averages. Dhruv Consultancy Services Ltd Dhruv Consultancy Services Ltd [...]
Shares of a telecom company gained 3.15 percent on Monday to reach an intraday high of ₹ 78.55 apiece on the National Stock Exchange (NSE) after it bagged orders to supply optical fiber cables to a telecom company. According to an exchange filing, HFCL Ltd. along with its material subsidiary, HTL Ltd. has received the [...]
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A strategic partnership between Bestway Agencies Private Limited (BAPL), a fully owned subsidiary of Greaves Electric Mobility Private Limited, and Akasa Finance Limited, a prominent financier of e-rickshaws in India, has been announced. This partnership represents a significant turning point for the electric three-wheeler market, enabling consumers all over India to adopt more cost-effective and [...]
On Monday shares of this small-cap company rose up to 11% after the company plans to acquire a 48.5% stake in Vortex Engineer Pvt Ltd company. As a result of strong and rising volume that is higher than usual when compared to the previous day and week, the stock price has remained high. This stock [...]
A trade group for the mutual fund industry reported on Monday that investors poured in a record Rs 15,813 crore in August via the systematic investments plans (SIPs) route provided by mutual fund players. The income- or debt-oriented schemes saw a net outflow of Rs 25,872 crore in August, according to the Association of Mutual [...]
As part of the Open Market Sale Scheme (OMSS) to control retail prices, the government-owned Food Corporation of India (FCI) sold 1.66 lakh tonnes of wheat and just 17,000 tonnes of rice from the central pool through the 11th e-auction last week. In order to keep cereal prices in check, the government announced last month [...]
Post the G20 summit that took place a few days back, most of the stocks in the ‘Renewable Energy’ sector are in the green on Monday. Reportedly, India's National Investment and Infrastructure Fund and the U.S. Development Finance Corporation have given a letter of intent (LoI) for a “Renewable Infrastructure Investment Fund” with a contribution [...]
The shares of India's second-largest National E&P Company rose 3 percent to Rs 289.80 apiece after the company plans to invest Rs 25,000 crore in clean energy sources to achieve net zero carbon emission goals by 2040. At 1:45 p.m., On the National Stock Exchange, Oil India Ltd shares were trading at Rs 282.60 per [...]
