Equity mutual funds attracted Rs 15,685 crore in February, making it the highest net infusion in nine months despite significant volatility in the stock markets. This is higher than Rs 12,546 crore inflow seen in January and Rs 7,303 crore reported in December. February also saw the 24th straight month of inflows into equity-oriented mutual [...]
Tata Power Renewable Energy has signed an agreement with Tata Power Delhi Distribution Ltd (TPDDL) to supply electricity from its 510 MW solar-wind hybrid project, a statement said on Friday. It is one of the largest hybrid projects in the country with the capacity bifurcation of 170 MW solar & 340 MW wind power. The [...]
Benchmark stock indices Sensex and Nifty tanked more than 1 per cent on Friday due to heavy selling in IT, financial and oil stocks in line with weak trends in the global markets. The 30-share Sensex tanked 671.15 points or 1.12 per cent to close at 59,135.13, as 21 of its scrips declined. The index [...]
Telecom major Bharti Airtel’s share price remained composed even as the markets were deep in the red on Friday. The fifty-share NSE Nifty 50 was trading at 17,385.60 points, down 1.16%, while the thirty-share BSE Sensex was down 1.25% at 59056.92 points at 03:01 PM on Friday. Meanwhile, Airtel’s shares were trading at ₹ 774.00 [...]
Max Healthcare Institute Ltd opened its trading session at Rs 453.20 and gained approximately 2 percent to trade at Rs 460. Within a timeframe of 1 month, the stock has provided its stakeholders with a gain of 6.8 percent ranging from Rs 437.40 to the current stock levels. Moving further ahead with a span of [...]
Liquor worth around Rs 14 crore was sold across Noida and Greater Noida in the two days ahead of Holi, after subdued sales since the outbreak of the COVID-19 pandemic, Gautam Buddh Nagar Excise Department officials said on Friday. In the run-up to Holi last year, the revenue earned from liquor sales stood around Rs [...]
FMCG major HUL on Friday announced the appointment of Rohit Jawa as the Managing Director & Chief Executive Officer. Jawa, presently the Chief of Transformation for Unilever, would take over the leadership role for five years with effect from June 27, 2023. "The appointment of Rohit Jawa as a whole-time Director and MD & CEO [...]
IFL Enterprises Ltd, is a company involved in the business of trading in goods like fabric and related products. In addition, it is involved in selling shares and securities within permissible limits prescribed by the regulators. The company has a market capitalization of ₹ 281 crores and its shares are currently trading at ₹ 152.95 [...]
Reliance Industries Ltd (RIL) started its trading session at Rs 2,341.50 and is currently trading at Rs 2,316.55 which is a downfall of 1.06 percent. In the past two sessions, the stock has shed almost 4 percent. This week has been full of announcements for the company and the same has been listed below: Firstly, [...]
India and the US on Friday signed a memorandum of understanding (MoU) on semiconductor supply chain and innovation partnership during the Commercial Dialogue 2023 here, the commerce ministry said. On the invitation of Commerce and Industry Minister Piyush Goyal, the US Secretary of Commerce Gina Raimondo visited Delhi between March 7 and 10. During this [...]
