The shares of ITI Limited zoomed by more than 6 percent in the early hours on Friday and were trading at Rs 110 levels. It moved on the positive news that the company bagged an order from the Kerala Infrastructure and Technology for Education (KITE). As per the BSE filing, ITI Limited’s Palakkad Plant has [...]
The trade between India and China has touched an all-time high of USD 135.98 billion in 2022 while New Delhi's trade deficit with Beijing crossed for the first time a USD 100 billion mark despite frosty bilateral relations, according to data released by the Chinese customs on Friday. The total India-China trade for 2022 has [...]
Realty firm Kolte-Patil Developers on Friday reported a 28 per cent growth in its sales booking at Rs 716 crore for the quarter ended December 2022 on better demand. Its sales booking stood at Rs 561 crore in the year-ago period. The Pune-based company in a regulatory filing said it has achieved the highest-ever quarterly [...]
The shares of National Standard (India) Ltd opened at Rs 4,770 and rallied to hit an upper circuit of 20 percent in the early hours of the last trading day of the week. The stock has gained more than 40 percent in the last five days after it posted strong quarterly earnings. In Q3FY23, the [...]
Shares of Infosys bounced back after declining in initial trade on Friday and were trading in the positive territory, a day after it announced its December quarter earnings. The stock, after making a positive beginning, declined 0.84 per cent to Rs 1,468 on the BSE. However, later it bounced back and climbed 0.74 per cent [...]
The shares of Deep Diamond India were trading 3.5 percent higher in the early hours of Friday. On January 3rd, 2022 the company announced a stock split. Since then the stock has gained more than 26 percent. The board of the company has approved the Subdivision of equity shares with a Face Value of Rs. [...]
The Centre and states are likely to budget for higher market borrowings to the tune of Rs 2.3 lakh crore next fiscal even though the Union budget may peg a lower-than-expected fiscal deficit for the Centre at 5.8 per cent of GDP, says a report. Icra Ratings anticipates higher redemptions will lead to gross market [...]
The National Company Law Tribunal (NCLT) on Thursday approved the amalgamation of the country's top two multiplex chains -- PVR Limited and INOX Leisure. The Mumbai bench of NCLT has cleared the scheme of amalgamation between INOX Leisure (transferor) and PVR (transferee company), PVR said in a regulatory filing. "NCLT, Mumbai Bench, has allowed the [...]
IT company HCL Tech has bagged a digital transformation deal from US-based toy manufacturing company and owner of children's and family entertainment franchises Mattel Inc, the company said on Thursday. Unde the deal, HCLTech will serve as Mattel's primary IT digital transformation partner for the next several years. HCL Tech will support Mattel's future direction [...]
IT company L&T Technology Services will acquire the Smart World & Communication (SWC) Business of its parent firm Larsen & Toubro Limited in an all-cash deal worth Rs 800 crore. Smart World & Communication (SWC) was founded in 2016 to cater to the demands in smart cities, address opportunities and provide smart solutions in the [...]
