PwC India on Monday said it is investing more than Rs 600 crore over the next 3 years towards holistic learning and development of its employees and across different wellbeing initiatives. The past three years have had a dramatic effect on people, and as a result, individuals are now reassessing what they want to do [...]
Shares of Fineotex Chemical Ltd. were in the green after seasoned investor Ashish Kacholia increased his stake in the company. Its shares climbed 2.78% on Monday to reach an intraday high of ₹ 249.65 apiece. At 02:57 PM, its shares were trading at ₹ 246.40 apiece, up 1.44%. Fineotex Chemical is engaged in the business [...]
Passenger vehicle exports from India rose 15 per cent in FY23 with Maruti Suzuki India leading the segment with dispatches of over 2.5 lakh units, as per the latest data by industry body SIAM. The total passenger vehicle (PV) exports stood at 6,62,891 units in the 2022-23 fiscal as compared to 5,77,875 units in 2021-22. [...]
Equity benchmark indices Sensex and Nifty buckled under selling pressure after nine-session rally on Monday, as massive sell-off in IT, tech and telecom counters unnerved investors. Intense selling in Infosys, which fell over 9 per cent after lower-than-expected revenue guidance for FY24, and HDFC twins also pulled the benchmarks down. The 30-share BSE Sensex tanked [...]
ArcelorMittal India on Monday said a resolution plan submitted for Indian Steel Corporation by its arm AM Mining India has been approved by the NCLT, Mumbai. In a statement, ArcelorMittal India Pvt Ltd said it "welcomes National Company Law Tribunal (NCLT) order on Indian Steel Corporation Ltd (ISC)". It looks forward to implementing the recently [...]
Fabindia Ltd, a retailer of artisan products and lifestyle items, on Monday announced the appointment of Rajeshwari Srinivasan as its Chief Executive Officer. Srinivasan, whose appointment is effective from this month, was previously working with Tata Group. She succeeds Viney Singh, who has decided to retire from the post after serving for seven years as [...]
Tata Power Delhi Distribution has inked a pact with NTPC Vidyut Vyapar Nigam to get 200MW hydro power supply for meeting its projected peak demand for the next five years during the summer months, from May to September. Tata Power Delhi Distribution Ltd (Tata Power DDL) supplies electricity to over seven million populace in North [...]
Zee Entertainment Enterprises Limited (ZEEL) shares opened its trading hour at Rs 205.45 and currently trade at Rs 204.30. The scrip is down around 2 percent in comparison to the previous closing price of Rs 208.15. In the last 5 trading sessions, the stock has dipped close to 4 percent. One of the probable reasons [...]
With the real estate sector contributing around 10 per cent to the total cases in consumer commissions, the Department of Consumer Affairs will on Tuesday organise a round table conference in Mumbai to discuss ways to redress the grievances of property buyers. According to an official statement, the Department of Consumer Affairs is organising a [...]
Shares of the largest private sector Bank in India opened its trading session at Rs 1,720 and currently trade at Rs 1,666. The scrip has seen a downward movement of about 2 percent as compared to the previous closing price of Rs 1,692.45. Such movements are observed after the Bank announced its annual results for [...]
Adani Green Energy Limited (AGEL) stock opened its trading hour today at Rs 965 and currently trades at Rs 956. The scrip is up nearly 2 percent in comparison to the previous closing price of Rs 941.15. Seeing the graphical presentation of stock movements in the past month, exhibits a volatile shift from upside movements [...]
The Indian road logistics industry is expected to clock a high single-digit growth this fiscal on an elevated base of the previous year, ICRA said on Monday. The credit ratings agency also expects the demand momentum to continue in FY24, aided by stable domestic consumption and investment demand, ICRA said. The Indian road logistics industry's revenue [...]
Shares of Raghav Productivity Enhancers gained 9.15% on Monday’s morning trades to reach an intraday high of ₹ 943.90 apiece on the National Stock Exchange (NSE) after another ace investor bought a stake in the company. At 01:29 PM, the shares were trading 4.65% higher at ₹ 904.95 apiece. According to the shareholding pattern of [...]
Adani Group and French company TotalEnergies' newly built Rs 6,000 crore facility to import LNG at Dhamra on the Odisha coast will start commercial operations at the end of May, the French firm said on Monday. The 5 million tonne a year capacity terminal received its first ever shipment of liquefied natural gas - a [...]
Volvo Car India on Monday said it has sold 544 units in the first quarter of this year, a 38 per cent growth, over the same period last year. The automaker had sold 393 units in the January-March period of last year. The sales growth during the period was led by the XC60 which registered [...]
The Tamil Nadu government on Monday signed a memorandum of understanding with a well-known footwear maker for an investment of Rs 2,302 crore in the state. The MoU was signed with High Glory Footwear, a subsidiary of Taiwan-based Pou Chen Corporation, "the world's largest branded footwear manufacturer," in the presence of Chief Minister M K [...]
The Directorate General of Trade Remedies (DGTR), under the commerce ministry, is planning to hire an agency to design, develop, implement and maintain a web application for it. The directorate is an integrated single window system for providing comprehensive and swift trade defence mechanisms to industry in India. It has floated a Request for Proposal [...]
Speciality chemical manufacturer Anupam Rasayan India’s shares gained 8.16% on Monday’s early trades to reach an intraday high of ₹ 1069.75 apiece on the National Stock Exchange (NSE) after the company won a huge project. Its shares were trading 7.07% higher at ₹ 1059.05 apiece at 12:28 PM. Anupam Rasayan manufactures custom synthesis and speciality [...]
Commercial vehicle maker Ashok Leyland on Monday said it has received an order of 1,560 trucks from VRL Logistics Limited (VRL). This order is for AVTR 3120 and AVTR 4420 TT models of trucks, which have all the advanced features to bring more efficiency and profitability to VRL's expanding fleet, the company said. The company, [...]
Shares of Tanla Platforms were in the green on Monday’s early trades in an otherwise weak market. Its shares climbed 9.12% to reach an intraday high of ₹ 682.45 apiece on the National Stock Exchange (NSE) after the company said that its board would consider and approve the financial statements and recommend final dividend, if [...]
