.
Markets halt 9-day rally; Infosys slumps 9 %

Markets halt 9-day rally; Infosys slumps 9 %

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 [...]
Fabindia appoints Rajeshwari Srinivasan as CEO

Fabindia appoints Rajeshwari Srinivasan as CEO

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 [...]
Centre to hold conference on Tuesday in Mumbai to discuss ways to redress consumer grievances in real estate

Centre to hold conference on Tuesday in Mumbai to discuss ways to redress consumer grievances in real estate

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 [...]
Rekha Jhunjhunwala buys stake in this multibagger stock held by Ashish Kacholia and Mukul Agrawal 

Rekha Jhunjhunwala buys stake in this multibagger stock held by Ashish Kacholia and Mukul Agrawal 

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 [...]
TN inks pact for Rs 2,300 crore investment with footwear firm

TN inks pact for Rs 2,300 crore investment with footwear firm

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 [...]
DGTR plans to hire agency to design, develop ARTIS web application

DGTR plans to hire agency to design, develop ARTIS web application

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 [...]
Chemical stock jumps up to 8% after winning a project worth ₹ 1,500 crores 

Chemical stock jumps up to 8% after winning a project worth ₹ 1,500 crores 

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 [...]
Ashok Leyland bags order of 1,560 trucks from VRL Logistics

Ashok Leyland bags order of 1,560 trucks from VRL Logistics

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, [...]
×