Tata Motors-owned Jaguar Land Rover on Tuesday said it is partnering with Tata Technologies to accelerate its digital transformation. As part of the collaboration, Tata Technologies will deliver end-to-end integrated Enterprise Resource Planning (ERP) to transform Jaguar Land Rover's manufacturing, logistics, supply chain, finance and purchasing modules by bringing data and knowledge from multiple departments [...]
Divgi TorqTransfer Systems stock made its market debut with a 5 per cent premium on Tuesday against the issue price of Rs 590. The stock made its debut at Rs 620, up 5.08 per cent from the issue price on the NSE. On the BSE, it opened at Rs 600, a premium of 1.69 per [...]
RO Jewels Limited started its trading session today at Rs 32.60 and since then it was locked in the 5% upper circuit. In a span of just 5 days, the stock has been able to deliver returns to its stakeholders at around 21.5 percent ranging from Rs 26.84 to the current price levels. Having a [...]
Cash-strapped Pakistan has decided to seek help from the US to secure “lenient treatment” from the IMF, amid a delay in signing the staff-level agreement with the global lender. Pakistan is awaiting a much-needed USD 1.1 billion tranche of funding from the Washington-based International Monetary Fund (IMF). After failing to convince the global lender, Islamabad [...]
Finance Minister Nirmala Sitharaman on Monday presented in the Lok Sabha a Rs 1.18 lakh crore budget for Jammu and Kashmir for the year 2023-24 with a thrust on providing housing in rural areas and water tap connections to 18.36 lakh households. Union Minister of State for Finance Pankaj Chaudhary tabled the budget for the [...]
The initial share sale of Global Surfaces Ltd got subscribed 42 per cent on the first day of subscription on Monday. The initial public offering (IPO) received bids for 32.75 lakh shares against 77.49 lakh shares on offer, according to NSE data. The portion for Retail Individual Investors (RIIs) got subscribed 60 per cent while [...]
President Joe Biden on Monday sought to reassure jittery Americans that they can have confidence that the US banking system is "safe" and vowed stricter bank regulation after a string of bank failures raised concerns about the nation's financial stability. The president's early morning comments came after US bank regulators spent the weekend working on [...]
Equity benchmark indices Sensex and Nifty gained in early trade on Tuesday despite weak global cues. Amid volatile trading, the 30-share BSE Sensex surged 205.55 points or 0.35 per cent to 58,443.40 points while the broader NSE Nifty rose 44 points or 0.26 per cent to 17,198.30 points. In the Sensex pack, 20 stocks were [...]
The Gautam Adani-owned conglomerate issued a statement on Sunday mentioning that it has prepaid a $500 million facility it had taken for Ambuja acquisition financing, adding that the payment came in continuation of promoter’s commitment to repay the leverage. With respect to the same, the group quoted in its release that "This is in line [...]
Markets regulator Sebi on Monday provided relaxation of 60 days to large Registrars to an issue/ Share Transfer Agents (RTAs) from complying with the enhanced requirements pertaining to periodic reporting. Under the rules, QRTAs or qualified RTAs are required to comply with enhanced responsibilities through adoption and implementation of an internal policy framework and periodic [...]
