SeQuent Scientific, despite the markets being under pressure, stock saw a strong rally and jumped 13 percent today trading at Rs 83.85 in comparison to the previous closing price of Rs 74.10. In a span of just 2 days, the stock has seen a movement of around 35 percent from Rs 70 to current stock [...]
Punjab Finance Minister Harpal Singh Cheema presented a Rs 1.96-lakh-crore state budget for 2023-24 in the assembly here on Friday with a focus on agriculture, education and health segments. Speaking in the Assembly, Harpal Cheema said education, health, and agriculture are among the priority sectors for the government. Total budget size has been increased by [...]
Deloitte in India has hired close to 50,000 professionals over the last three years, nearly doubling the headcount as it invests in people and productive capacity in the country, the audit firm said on Friday. In a statement Deloitte Touche Tohmatsu India LLP said it focused on building skills to deliver technology-driven growth. It also [...]
Tata Technologies, a unit of Indian automobile major Tata Motors filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI)for an initial public offering (IPO) on Thursday. Following the announcement, the shares of Tata Motors gained 1.29% in an otherwise weak market. Tata Technologies provides engineering and product development [...]
Energy and environment solution provider Thermax on Friday announced its foray into the green hydrogen market in partnership with Australia-based Fortescue Future Industries (FFI). Thermax and FFI plan to explore opportunities to jointly develop fully integrated green hydrogen projects for commercial and industrial customers in India, a statement said. Thermax Ltd, an energy and environment [...]
Deep Polymers Limited jumped 20 percent today and hit the upper circuit today. The stock opened its trading session at Rs 106.50 and is currently trading at Rs 121.54. Within a span of just 2 days, the stock performed exceptionally well leading the stakeholders to enjoy an upside of around 38 percent. Having a purview [...]
State-owned non-banking finance firm REC Ltd board on Thursday approved Rs 1,20,000 crore market borrowing programme for 2023-24 in its meeting. "Board of Directors of REC Ltd in its meeting held on March 9, 2023, inter-alia approved the market borrowing programme under different debt instruments for the financial year 2023-24," a BSE filing stated. REC [...]
Bessemer India Capital Holdings II on Thursday divested 7.75 per cent stake in Home First Finance Company India for over Rs 467 crore through an open market transaction. Fidelity Funds - Asian Smaller Companies Pool and Nomura Trust and Banking Co. Ltd bought a total of 11.93 lakh equity shares of the company. Bessemer India [...]
IRB Infrastructure Developers on Thursday said its total toll collection across all projects has increased 27 per cent year-on-year to Rs 351.75 crore in February 2023. The company had reported the toll collection at Rs 277.47 crore in February 2022, it said in a statement. IRB Infrastructure Developers Chairman & Managing Director Virendra D Mhaiskar [...]
Capital markets regulator Sebi on Thursday disposed of show-cause notices issued against 22 individuals as the allegation of violation of insider trading rules was not established in Titan Company Ltd (TCL) case. The order came after the Securities Appellate Tribunal (SAT) in its ruling on February 7 had set aside Sebi's order against 22 individuals [...]
