Private equity inflows plunged 75.4 per cent to USD 2.2 billion in the March quarter, making it the sixth consecutive quarter of decline, amid global macroeconomic and geopolitical headwinds, according to a report. At USD 2.2 billion of inflows, this is the lowest private equity investment in the country since 2018, when it stood at [...]
BSES discoms BRPL and BYPL have facilitated the installation of around 2300 charging points in Delhi for electric vehicles (EVs) and are in the process to set up 900 more in the coming months, company's officials said on Tuesday. The 2300 charging points installed at over 900 locations across south, east, central and west Delhi [...]
Neogen Chemicals Ltd stock opened its trading hour today at Rs 1450 and currently trades at Rs 1,535. The scrip has hiked around 14 percent as compared to the previous closing price of Rs 1,410.90. Evaluating the stock movement over a horizon of three years, the stock has been able to provide multibagger returns of [...]
Equity benchmark Sensex climbed over 310 points to reclaim the 60,000 mark on Tuesday, propelled by robust buying in metal, bank and financial stocks amid a firm trend in global equities and continuous foreign capital inflows. Rising for the seventh straight session, the 30-share BSE Sensex rose 311.21 points or 0.52 per cent to finish [...]
A unified portal of the Central Bureau of Narcotics(CBN) will instil efficiency and transparency and reduce the time taken by the pharma industry to get trade licence, the finance ministry said on Tuesday. Revenue Secretary Sanjay Malhotra on Tuesday launched the unified portal of the CBN. CBN is a central government organization dealing with the [...]
Majority of Indian Large-Cap equity mutual funds failed to beat the benchmark, with 88 per cent of actively managed funds underperforming the S&P BSE 100 in 2022, according to new study by S&P Dow Jones Indices released on Tuesday. In the same period, the benchmark for Indian Equity Mid-/Small-Cap funds -- the S&P BSE 400 [...]
Star Health and Allied Insurance Company's share price climbed 5.65% on Tuesday, to reach an intraday high of ₹ 598.00 apiece after it reported an increase in its gross direct premiums. Its shares were quoting at ₹ 590.00 apiece at 03:24 PM on Tuesday. The company informed the bourses that its Gross Direct Premium has [...]
Shares of Trident Ltd gained 8.05% on Tuesday’s early trades to reach an intraday high of ₹ 32.20 apiece after the company released a business update. Its shares were trading at 31.60, up 6.04% at 01:42 PM. Trident Ltd is the flagship company of the Trident group and is a leading manufacturer of yarn, bath [...]
A total of 2,838 complaints against companies and market intermediaries were disposed of through Sebi's SCORES platform in March. At the beginning of March, as many as 2,241 complaints were pending and 2,643 fresh complaints were received during the month, the data released by Sebi on Monday showed. The regulator also noted that as of [...]
E-commerce company Flipkart has set up eight supply chain facilities and 200 delivery hubs in Tamil Nadu under its initiative towards creating inclusive job opportunities besides boosting economic growth, the company said on Tuesday. The company has onboarded 15,000 kirana partners under its Kirana Delivery programme, which enables faster customer shipments and also creates an [...]
