Aircraft MRO services provider Haveus Aerotech India on Friday said it has signed an initial pact with Hindustan Aeronautics Ltd for exploring business opportunities in the civil aviation sector both in the domestic and international markets. The memorandum of understanding (MoU) signed with HAL Accessories Division Lucknow (ADL), which is into manufacturing of aircraft systems [...]
Benchmark Sensex declined by 365 points and Nifty settled below the 19,300 level in a volatile trade on Friday as financials, IT and oil shares took a hit amid concerns over potential rate hikes and weak trend in global markets. Falling for a second day in a row, the BSE Sensex closed lower by 365.83 [...]
Brazilian aircraft maker Embraer sees a good opportunity to partner with India to develop a strong aerospace industry in both countries by synergising their strengths, company President and CEO Francisco Gomes Neto said on Friday. The challenges in the global supply chain brought by the pandemic also bring about opportunities to develop new partnerships in [...]
JSW Group, which is in talks with MG Motor India to enter the EV space, is also working on a parallel plan to make its own electric vehicles, Chairman Sajjan Jindal said on Friday. Discussions are underway with MG Motor, Jindal said. "We are extremely serious about entering the EV space. MG would be our [...]
It is challenging for big companies and startups to manually manage a fleet of cars. However, fleet managers benefit from efficient and streamlined operations due to location-based vehicle tracking technology. Vehicle tracking devices offer many benefits, but safety and security are paramount. The top five essential benefits of vehicle tracking devices include the following; 1. [...]
Helios Capital Asset Management (India) Private Ltd is making its foray into the mutual fund space with the filing of a scheme information document (SID) with markets regulator Sebi for an overnight fund. The company will launch the new scheme after getting approval from the Securities and Exchange Board of India (Sebi). Going by the [...]
Private sector HDFC Bank has signed a memorandum of understanding with StartupTN to promote innovation and entrepreneurship in Tamil Nadu, the bank said on Thursday. Through the partnership, the bank aims to contribute significantly towards the growth and success of startups present in the state. StartupTN is backed by the Tamil Nadu government and aims [...]
This defence stock moved up by 2.5% in the market after a day, the DAC approved a proposal worth Rs. 7800 crore to increase the efficiency of Indian Armed Forces. Share prices of Solar Industries opened at Rs. Rs. 4,499 levels. It reached its 52- week high of Rs. 4615.5 before the first half on [...]
The NR Group, owner of the world's largest incense stick brand Cycle, on Thursday, said monsoon rains will trigger the growth of the Rs 8,000-crore sector, though there are some concerns about normal rainfall as of now. "The sector’s actual demand is driven in the second and third quarters of the year due to the [...]
Months after a US short seller shook markets with a damning report on the Adani group, the Organised Crime and Corruption Reporting Project (OCCRP) - an organisation funded by likes of George Soros and Rockefeller Brothers Fund - is said to be planning another 'expose' on certain corporate houses in India, sources said. OCCRP, which [...]
Finance Minister Nirmala Sitharaman on Thursday said the government is aiming to make India a global hub for the production, utilisation and export of green hydrogen. Speaking at the launch of HSBC India’s strategic partnerships towards enabling innovation in Green Hydrogen, the minister said the government is focused on driving green growth through a range [...]
Reliance Industries in collaboration with The Oberoi Hotels and Resorts will co-manage three iconic hospitality projects which include Anant Vilas in Mumbai and Stoke Park in the UK, the company said on Thursday. The arrangement between the two companies also includes the management of another planned project in Gujarat. "Reliance Industries...has entered into an understanding [...]
Shares of this small-cap green energy company were on the rise to touch its 52-week high on Friday post signing a contract for a wind-solar hybrid project. With a market capitalization of Rs 3,331.01 crores, the stocks of KPI Green Energy Limited are currently trading at Rs 921.85. The company’s scrip witnessed an intra-day high, [...]
Running a small business comes with financial challenges, and entrepreneurs and small business owners need a solid grasp of their financial responsibilities. Financial management is crucial to small business' success, from budgeting and expense tracking to cash flow and financial planning. By implementing these tips and best practices, small business owners can confidently navigate the [...]
This electronic manufacturing stock gained 8.4% in today’s trading session after the company approved and appointed its new CEO with immediate effect. Share prices of Syrma Limited opened at Rs. 496.05 and reached its 52- week high at Rs. 539.95. The stock has returned a total of 100.77% in six months and 72.90% consistently in [...]
A bulk transaction in the stock market occurs when the total number of shares bought or sold surpasses 0.5% of the company's share capital. Following a large transaction, this small-cap company's stocks fell ~2% on Friday. Manapuram Finance Ltd The company has a market capitalization of Rs. 11,959 Cr., making it a small-cap. At 13.25 [...]
NMDC Steel Ltd on Thursday operationalised its 3 MTPA capacity steel plant at Nagarnar in Chhattisgarh built at a cost of about Rs 24,000 crore. "With today's development, we emerge as the newest entrant in the domestic steel market and have put Bastar on the steel map," NMDC Chairman and Managing Director (CMD) Amitava Mukherjee [...]
Max Ventures Investment Holdings, one of the promoters of Max Financial Services, offloaded a 3.6 per cent stake in the company for Rs 1,091 crore through open market transactions. Nippon India Mutual Fund (MF), ICICI Prudential MF, Kotak MF, Kotak Mahindra Life Insurance, HDFC Standard Life Insurance, Morgan Stanley Asia Singapore, International Monetary Fund and [...]
Shares of this multibagger stock under the ‘small-cap’ category gained 7 percent after entering into an MoU with the Government of Karnataka. With a market capitalization of Rs 11,563.67 crores, the stocks of Kaynes Technology India Limited opened their trading hour on Friday at Rs 1,958.95 and currently trade at Rs 1,988.85. The company’s scrip [...]
In today's digital era, online banking has become an integral part of our lives, offering convenience and accessibility. However, it is crucial to prioritise the security of your online banking data. This article serves as a comprehensive guide to help you safeguard your financial information and protect yourself from potential cyber threats during online banking. [...]
