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Centre puts onion under prohibition till 31st March, 2024 to ensure availability of onions to customers

Centre puts onion under prohibition till 31st March, 2024 to ensure availability of onions to customers

The export of onion has been put under prohibition till 31st March 2024 to ensure the availability of onion to domestic consumers at affordable prices. The Government took the decision taking into consideration the delay in Kharif's arrival, the quantity of onion exported, and the global situation such as trade and non-trade restrictions imposed by [...]
Vijay Kedia stock receives an arbitration award for ₹ 45.59 Crores from NTPC 

Vijay Kedia stock receives an arbitration award for ₹ 45.59 Crores from NTPC 

Realty Stock owned by Ace Investor Vijay Kedia, which has diverse business activities and interests related to Hydro-mechanical equipment, turnkey solutions for steel fabrication, Hydropower developments, Real Estate, and many more received arbitration award for Rs. 45.59 Crores from NTPC.  In the day’s trade, the shares of OM Infra Limited hit a 2 percent lower [...]
Tata Communications stock jumps after company partners with JLR for digital transformation

Tata Communications stock jumps after company partners with JLR for digital transformation

The shares of the world's largest global Ethernet service provider rose around 2 percent to Rs 1,736.55 per share after Jaguar Land Rover partnered with a company to advance its digital transformation efforts and embrace evolving standards such as Industry 4.0 and advanced analytics.  At 3:05 p.m., Tata Communications Ltd shares were trading at Rs [...]
RBI report: State’s finances improved for the second consecutive year  

RBI report: State’s finances improved for the second consecutive year  

A report titled “State Finances: A Study of Budgets of 2023-24”, released by the Reserve Bank of India (RBI) is an annual publication that provides information, analysis, and an assessment of the finances of State governments for 2023-24.  The report mentioned that the improvements by the state in their finances in the financial year 2021-2022, [...]
Mid-cap stock jumps after company secured orders worth ₹ 500 Cr for setting up five bio-CNG plants

Mid-cap stock jumps after company secured orders worth ₹ 500 Cr for setting up five bio-CNG plants

The shares of this leading energy and environment solutions company gained up to 2.2 percent after the company secured orders worth more than Rs. 500 crore from a leading energy conglomerate for setting up five bio-CNG plants across India.  With a market capitalization of Rs 32,411.71 Crores. Thermax Ltd, On Tuesday, The shares were trading [...]
L&T Technology shares in green after entering into a partnership with global energy firm BP 

L&T Technology shares in green after entering into a partnership with global energy firm BP 

The shares of this engineering company jumped around 1 percent in Tuesday’s trading session after it announced a partnership with global energy firm BP. The shares have delivered more than 30 percent to its shareholders on a YTD basis.  With a market capitalisation of Rs. 52,655 crores, the shares of L&T Technology Services Ltd started [...]
Auto ancillary stock hits 5% upper circuit after it’s board approves proposal of share buy-back worth ₹ 3.60 Cr

Auto ancillary stock hits 5% upper circuit after it’s board approves proposal of share buy-back worth ₹ 3.60 Cr

The shares of this leading manufacturer of precision sheet metal gained up to 5 percent after the company’s board approved the proposal of buy-back of up to 6,00,000 fully paid-up equity shares of face value of Rs 10 each.  With a market capitalization of Rs 70.44 Crores. SM Auto Stamping Ltd, On Tuesday, The shares [...]
Relaxo Footwears stock trades flat after it acquires 30-acre land for future manufacturing facilities

Relaxo Footwears stock trades flat after it acquires 30-acre land for future manufacturing facilities

The midcap stock rose 0.5 percent to its intraday high of Rs 921.30 from its previous close of Rs 916.55 on Tuesday after the company announced the acquisition of 30-acre land for future manufacturing facilities  According to Relaxo Footwear's filing, the company was declared the successful bidder in an e-auction for a 30-acre land parcel [...]
Stock jumps 7.4% after it receives a contract from the High Commission of India in Canada 

Stock jumps 7.4% after it receives a contract from the High Commission of India in Canada 

Small-cap stock that has a dominant position in providing visa-related services and consular services to governments, clients, and others all over the world jumped 7 percent in the day’s trade after it won a contract from the High Commission of India in Canada for outsourcing its services.  At 12:14 p.m. the shares of BLS International [...]
US Market gains on third consecutive day

US Market gains on third consecutive day

The US stock market finished higher on Monday, 11 December 2023, maintaining a third-day streak of gain. There was a general optimism in the US market regarding the interest rate. The most prominent gainers in that day were consumer staples, industrial, materials, and financial sectors. Nonetheless, the market gain was kept within bounds as the [...]
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