National Skill Development Corporation has entered into a partnership with HDFC Life to impart skills among youth in the insurance sector, in a bid to facilitate livelihood creation and promote entrepreneurship opportunities. As part of this collaboration, NSDC will support HDFC Life in inducting trained life insurance advisors. It will also provide training to candidates [...]
The shares of Rossell India Ltd opened at Rs 226.70 levels on Wednesday and rallied during the day to end after hitting an upper circuit of 20 percent at Rs 273 levels. Rossell India started as Rossell Tea Limited. Over the years, the company diversified into the Aviation and Defence manufacturing segment. A few weeks [...]
Billionaire Gautam Adani's embattled conglomerate said its balance sheet is "very healthy" and is laser focused on continuing business momentum, as it looked to reassure investors to keep faith in the conglomerate despite a share rout triggered by a damning report by a US short-seller. Group CFO Jugeshinder (Robbie) Singh in an earnings call said [...]
With a market capitalization of ₹ 2554 crores, Titagarh Wagons is a small-cap company engaged in the manufacturing and selling of freight wagons, passenger coaches, metro trains, train electricals, specialised equipment & bridges, ships, steel castings, and so on. It caters to both domestic and export markets. Titagarh reported a 98.70% increase in its revenue [...]
Digital financial services firm One97 Commuications, which operates under the Paytm brand, on Tuesday said it has completed buyback of shares worth Rs 849.83 crore at an average price of Rs 545.93 per share. The company bought back shares in the price range of Rs 702.65 to Rs 480.25 apiece, according to a regulatory filing. [...]
The shares of Emami Ltd, a homegrown FMCG company, saw its share price decline by more than 2 percent in Wednesday's session and reach a 52-week low of Rs 390 in the early hours. In the past month, the stock has declined by approximately 10 percent. The stock started declining after the company reported flat [...]
Asian Paints, a Blue Chip stock, saw its shares inch marginally higher till the afternoon on Wednesday and were trading at Rs 2,778 levels. The stock has been on a declining trend as it has lost approximately 5 percent in the past month and more than 20 percent in the past six months. The company [...]
India's exports in January dipped by 6.58 per cent to USD 32.91 billion, as against USD 35.23 billion in the same month last year, according to the data released by the commerce ministry on Wednesday. Trade deficit in January stood at USD 17.75 billion. Imports in January also declined by 3.63 per cent to USD [...]
Billionaire Anil Agarwal's Vedanta Resources Ltd on Wednesday said it has slashed debt by USD 2 billion in the current fiscal as it looked to soothe investor concerns over ability to repay upcoming obligations. The company, which is the parent firm of Mumbai-listed Vedanta Ltd, had a net debt of USD 9.66 billion as of [...]
The shares of Torrent Power Limited opened 8 percent higher on Wednesday at Rs 494.40 levels compared to its previous close of Rs 457. In the early hours of the session, it further gained 2 percent to reach an intraday high of Rs 505.40 levels. Torrent Power jumped after the company posted its quarterly numbers. [...]