Adani Electricity Mumbai (AEML) on Tuesday said it is investing Rs 500 crore to install smart meters for seven lakh consumers in the financial capital by the end of 2023. The power discom, a unit of the listed Adani Transmission, said the 7 lakh smart meters is the first phase target and the remaining 20 [...]
Coal India Limited’s shares surged 2.12% on Tuesday’s intraday trades to reach a fresh 52-week high of ₹ 235.50. Their share price surged 4.85% in the past five days and 10.15% in the past month. The shares are currently trading at ₹ 234.30 apiece. Coal India’s shares have risen by 50.90% as per year-to-date data. [...]
Various stocks gained 20% today and hit the upper circuit on Tuesday as equity benchmarks NSE Nifty and BSE Sensex traded in the green amid brisk buying in frontline blue chip counters. The thirty share index (BSE Sensex) was quoting at 59,280.59 points up1,307.97 points or 2.26%, while the fifty share index (NSE Nifty) was [...]
The much-awaited Reliance Annual General Meeting was held on Monday. In the meeting, chairman Mukesh Ambani spoke about different ventures of Reliance going forward. Here are some of the highlights of the AGM meeting: The 5G services will be first launched during Diwali i.e, by October end of this year in four metro cities in [...]
Private sector lender Tamilnad Mercantile Bank on Tuesday said it has fixed a price band of Rs 500-525 per share for the Rs 832 crore-Initial Public Offering (IPO). The initial share sale will open on September 5 and conclude on September 7. The bidding for anchor investors will open on September 2. The IPO will [...]
The shares of Tata Teleservices (Maharashtra) Limited opened at Rs 91.5 on Tuesday and shot up by approximately 20 per cent to trade at Rs 108 till 12 pm. The stock had shed more than 10 per cent in a week before the rally started. The rally can be attributed to a huge surge in [...]
The shares of GAIL (India) Limited were trading 1.5 per cent up at Rs 136 levels in the early trading hours on Tuesday. The stock remained volatile last week and has gained approximately 3.8 per cent in the last five days. However, in a month the stock has shed 7 per cent. So far this [...]
SpiceJet on Monday said a tyre of one of its aircraft was found deflated after landing at the airport here. Passengers were deplaned in a normal manner from the aircraft that had come from Delhi, a SpiceJet spokesperson said in a statement. It did not share the number of passengers on board the plane. "On [...]
Billionaire Mukesh Ambani on Monday announced a Rs 2.75 lakh crore investment plan to expand and diversify his USD 221 billion-empire by rolling out 5G services from October, adding capacity in the core oil and chemical business and taking on rival Gautam Adani with a foray into FMCG sector. Ambani, 65, also identified the businesses [...]
Specialty chemical company Prasol Chemicals has received capital markets regulator Sebi's go-ahead to raise as much as Rs 800 crore through an Initial Public Offering (IPO). The IPO comprises fresh issue of equity shares aggregating up to Rs 250 crore and an Offer-For-Sale (OFS) of up to 90 lakh equity shares by existing shareholders, according [...]
