Kamdhenu Ventures, the paints business of Kamdhenu Group, will be listed on the stock exchanges BSE and NSE later this month. The paints division was separated from the steel business of the group last year for better management focus and operational flexibility, its CMD Satish Agarwal said, citing reasons for the demerger. There are plans [...]
Union Minister Nitin Gadkari on Thursday said that Sri Lanka and Bangladesh have shown their keenness to import ethanol from India. The minister of road transport and highways said that he discussed about ethanol with the government of both the countries -- Sri Lanka and Bangladesh. "I was able to discuss this matter with PM [...]
The government is committed to growth of online gaming with new rules safeguarding digital citizens, but will not allow hijack of the proposed self-regulatory body, that will operate at arm's length from the industry and have equitable representation, IT Minister Rajeev Chandrasekhar has said. SRO or the self-regulatory body, proposed under the draft rules for [...]
Indian benchmark indices opened in the green on Thursday. However, it slipped into the red as bank, pharma and FMCG indices fell. The BSE Sensex was at 59730 levels, down 0.62%, while the NSE Nifty 50 was at 17790 levels, down 0.60%. Here are two stocks that brokerages have recommended for an upside of up [...]
Rail Vikas Nigam Limited (RVNL), a Mini-Ratna CPSE gained 4 percent in the early hours to trade at Rs 74.85 levels. The shares edged higher after the company bagged projects worth Rs 1,134.1 Crore. RVNL received a letter of approval (LoA) on January 10th, 2023, for constructing an elevated viaduct (approximate length of 10 kilometers), [...]
All 7,000 electric buses under the FAME-II scheme are expected to ply in different cities of the country in the next one year, a senior official of the Heavy Industries ministry said on Thursday. Out of the 7,000 electric buses under the FAME-II scheme, over 3,000 e-buses are already operating in the country. In 2019, [...]
Societe Generale, a European financial services company on Wednesday bought 20 lakh shares of ICICI Bank. ICICI Bank’s shares were trading at ₹ 857.00 apiece at 12:00 PM on Thursday on the Bombay Stock Exchange (BSE). According to the block deal data available on the BSE’s website, Societe Generale bought these shares at a price [...]
The India US Trade Policy Forum meeting has resulted in a smoother, friendlier and trusted environment for businesses to expand their trade and investment between the two countries, Union Commerce and Industry Minister Piyush Goyal said Wednesday. "Since we relaunched it (TPF) in a new form that renewed vigour in November 2021, we have seen [...]
Reliance Jio Infocomm has invested Rs 40,446 crore as it expanded the footprint in the Tamil Nadu with the unveiling of True 5G services in five cities, a top company official said on Wednesday. Reliance Jio Infocomm Ltd State Business head Hemanth Kumar Guruswamy said 45 people out of every 100 people were using Jio [...]
5Paisa Capital Limited saw its share price jump by more than 7 percent in the early hours of Thursday. The shares rallied after the company reported a multifold jump in its net profits in the December quarter. The total revenue of 5Paisa Capital Limited stood at Rs 83.76 crore in Q3FY23 which increased by 5 [...]
