Shell Energy India on Wednesday said it will invest Rs 3,500 crore in Gujarat to set up a renewable energy facility, charging stations for electric vehicles, and an LNG regasification terminal, which would create nearly 4,300 jobs. A memorandum of understanding (MoU) in this regard was signed between the Gujarat government and Shell Energy India [...]
Shares of a logistics company as well as its promoter company jumped more than 5 percent on Thursday’s early trades to reach their new 52-week highs respectively. This happened after the promoter company bought a stake in it. Snowman Logistics gained 5.81 percent on Thursday to reach a fresh 52-week high of ₹ 56.30 apiece [...]
The country's largest airline IndiGo on Thursday told shareholders that a whole range of mitigating measures are being taken to deal with the situation arising out of grounded aircraft and it is working hard to have a positive net worth for the company. Speaking to shareholders at the 20th annual general meeting of InterGlobe Aviation, [...]
This FMCG stock declined by 5% in the first half of Thursday’s trading session after its Q4 results came into sight. Procter & Gamble Health Limited shares opened at Rs. Rs. 5,143.35 and fell to Rs. 5,036.10. This happened after the company published its financial results for the June quarter on 23rd August. However, the [...]
Reserve Bank Governor Shaktikanta Das on Wednesday said the frequent food price spikes pose a risk to anchoring inflation expectations and called for timely supply-side measures to limit such shocks. Delivering the Lalit Doshi Memorial Lecture here, Das said vegetable price shocks are short-term in nature and the monetary policy can wait for the "dissipation" [...]
Shares of this stock under the ‘micro-cap’ category rose up to 14.5 percent on Thursday after doubling its capacity in its existing business unit. With a market capitalization of Rs 56.84 crores, the stocks of Auro Laboratories Limited started their trading session at Rs 84.79 and currently trade at Rs 91.20. Inching near its 52-week [...]
Reserve Bank Governor Shaktikanta Das on Wednesday termed the success of the Chandrayaan-3 mission as a historic moment that will give a huge boost to the country's space technology manufacturing sector. "A little while ago, we all witnessed history being made when the chief of ISRO proudly announced that India is now on the moon," [...]
An individual on Wednesday settled a case with markets regulator Sebi in relation to the alleged violation of insider trading norms in the matter of Himadri Speciality Chemical Ltd after paying Rs 26 lakh as settlement charges. The settlement order came after the applicant, Debashis Ghosh, proposed to settle the instant proceedings initiated against him [...]
The Competition Commission of India has levied fines totalling Rs 55 lakh on Abu Dhabi Investment Authority (ADIA) and TPG Group for making false declarations before the regulator while availing the green channel facility in a deal related to the acquisition of a stake in UPL Sustainable Agri Solutions Ltd (UPL SAS). The acquirers, ADIA [...]
The deadline for implementing an Aadhaar-based payment system as the only mode of payment to workers under National Rural Job Guarantee Scheme MGNREGS will not be extended beyond August 31, government sources said. The Union government in January this year made the use of an Aadhaar-based payment system (ABPS) mandatory for paying wages to those [...]
