Shares of Tejas Networks, a Tata Group company spiked 6.47% on Wednesday’s early Trades to reach an intraday high of ₹ 656.00 apiece on the National Stock Exchange after ICRA reaffirmed its credit rating. ICRA is required to review its ratings on an annual basis or as and when circumstances warrant. The credit rating agency, [...]
Suzlon Group on Wednesday said it has bagged a project for developing a 50.4 MW wind power project for Sembcorp's renewables subsidiary Green Infra Wind Energy Ltd. As part of the order, Suzlon will install 24 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 2.1 MW each, [...]
State-owned Shipping Corporation of India’s (SCI) share price is on a gaining streak. Its shares hit the 5 percent upper circuit for two days in a row and were locked at ₹ 89.15 apiece at 11:52 AM on Wednesday after a buzz about the privatization of the company. Reportedly, the Indian Government is planning to [...]
Bajaj Auto Ltd shares zoomed nearly 2 percent today and currently trade at Rs 4,264. The scrip marked its 52-week high mark at a price of Rs 4,277.90. Additionally, the stock is near its all-time high figure which was recorded in February 2021 at Rs 4,361.20. In just five trading sessions, the stock has gained [...]
The CBIC has extended the interest waiver on customs duty payable by importers and exporters through the Electronic Cash Ledger (ECL) till April 13. An upgraded Customs duty payments system was launched by the Central Board of Indirect Taxes and Customs (CBIC) on April 1. After the members of the export-import trade complained of difficulties [...]
Trade ministers of India and France have held discussions related to the ongoing talks for a free trade agreement between India and the European Union, the commerce ministry said on Wednesday. Commerce and Industry Minister Piyush Goyal was here to attend India-France Business Summit and CEOs roundtable meet. He held bilateral meetings with several CEOs [...]
Nearly 12,000 matches a year across 12 disciplines, five million requests per second during a fantasy cricket tournament and 150 million users engaging with the platform. It’s about numbers, technology -- and the vision to make sports better, says Dream Sports Chief Technology Officer Amit Sharma. Combining the thrill of live sports and the excitement [...]
Government incentives, including those to consumers, local battery manufacturing, state-level subsidies and cut in GST rates would help drive EV penetration in India, Moody's has said. In a report, Moody's Investors Service said India has the fourth-largest car market globally, but electric vehicle (EV) penetration is currently only around 1 per cent. The pace of [...]
Fintech firm BankBazaar.com on Tuesday said it plans to go public in the next 12-18 months. The company had a net revenue of Rs 160 crore in FY23. The Initial Public Offering (IPO) plans are in progress with an aim to list in 12-18 months, co-branded credit card issuer BankBazaar.com said in a statement. Prior [...]
Astec LifeSciences, a subsidiary of Godrej Agrovet (GAVL), on Tuesday launched its Research and Development (R&D) centre in Rabale, Maharashtra. The facility 'Adi Godrej Centre for Chemical Research and Development' will focus on innovation and developing sustainable and safe solutions for people and the environment and providing services to innovator companies in the contract development [...]
