Rail Vikas Nigam Ltd (RVNL) gained almost 4.90% on Wednesday’s early trades to reach an intraday high of ₹ 78.10 apiece on the National Stock Exchange (NSE). Its shares were trading at ₹ 77.40 apiece at 12:15 PM. According to an exchange filing, the company emerged as the L1 (lowest bidder) for two metro rail [...]
The Banking sector has been one most contributing sector to overall market in the previous year. The bank Nifty has increased by 10.92% in one year and 19.86% in the past six months. Currently, the Nifty Bank is trading at the levels of 42,381(IST: 10:40). With the companies reporting their Q3 performances for FY23, Sharekhan [...]
Heavy commercial vehicle maker Ashok Leyland has bagged an order from the Sri Lankan Transport Board to supply 500 buses. Sri Lanka Transport Board is the state owned single largest bus transport provider with 110 depots throughout the island nation and operates buses in city routes, hilly and rural routes and also in long distance [...]
Equity benchmarks climbed in initial trade on Wednesday, extending their previous day's rally, amid buying in index heavyweight HDFC twins and foreign funds inflow. The 30-share BSE benchmark Sensex climbed 107.28 points to 60,763. The broader NSE Nifty went up by 37.25 points to 18,090.55. From the Sensex pack, Tata Steel, Wipro, HDFC Bank, HCL [...]
Mumbai, Jan 17 (PTI) Torrent Investment on Tuesday urged the National Company Law Tribunal (NCLT) to quash the lenders' plans to hold a fresh auction for the takeover of the Anil Ambani-promoted Reliance Capital. Darius Khambata, representing Torrent Investments, in a plea said the Committee of Creditors have been saying that the 'challenge mechanism' or [...]
Punjab Agriculture Minister Kuldeep Singh Dhaliwal on Tuesday said he has constituted an 11-member committee of agriculture experts for framing a new agricultural policy. Dhaliwal said the new agricultural policy will be ready by March 31. The Punjab government has been making continuous efforts to improve welfare of the farmers and the agricultural system of [...]
The Himachal Pradesh State Pollution Control Board (HPSPCB) has issued show cause notices under the Air (Prevention & Control of Pollution) Act, 1981 to Ultratech Cement Plant, Baga in Solan district for allegedly violating anti-pollution norms. "The results of stack emission monitoring of the unit of Ultratech Cement Plant, Baga conducted last year did not [...]
Sojitz Corporation on Tuesday divested a 2.35 per cent stake in auto component major Samvardhana Motherson International for Rs 776 crore through an open market transaction. According to the bulk deal data available with BSE, Sojitz Corporation offloaded 10,61,88,248 shares, amounting to 2.35 per cent stake in the company. The shares were sold at an [...]
Health Minister Mansukh Mandaviya on Tuesday extended his full support for a global plan for a new tuberculosis vaccine by 2025 and said India is fully prepared and in an advanced stage for taking this forward. Addressing a session at the World Economic Forum Annual Meeting 2023 here on 'Ending Tuberculosis', the minister said, "Just [...]
Oravel Stays Ltd, which operates travel tech firm and brand OYO, on Wednesday said it will refile its draft public listing application by the middle of next month. Earlier this month capital markets regulator Sebi had asked the company to refile the draft initial public offering (IPO) papers with certain updates. "We are working on [...]
Diversified conglomerate ITC on Tuesday announced the acquisition of Sproutlife Foods Pvt Ltd (SFPL), which owns Direct-to-Consumer (D2C) brand Yoga Bar. ITC has signed a binding term sheet to acquire 100 per cent shares of SFPL over a period of three to four years, said a statement. It will initially acquire a 47.5 per cent [...]
ICICI Prudential Life Insurance on Tuesday reported a 29 per cent decline in its profit at Rs 221 crore for the third quarter ended December 2022. The company had posted a profit of Rs 311 crore in the same quarter a year ago. During the third quarter of this fiscal the net premium income increased [...]
We have collected the list of some of the best free and online video downloaders for Instagram. You can check out their details and feel free to try them out. Instagram is a platform which is 360-degree surrounded with video-based content. It is literally after every second that hundreds of videos are posted by the [...]
The government on Monday reduced the windfall tax on Crude oil to ₹ 1,900 per tonne from ₹ 2,100 per tonne. In addition, it reduced the levy on aviation turbine fuel (ATF) to ₹ 3.5/litre from ₹ 4.5 per litre. The export tax on diesel has been reduced to ₹ 5 per litre from ₹ [...]
City-based coating major Berger Paints Ltd is scouting for land in Odisha for a new manufacturing plant, a top company official said on Tuesday. The company is also gearing up to operationalise the Rs 1,015 crore integrated fully-automated paint manufacturing plant near Lucknow soon. The 36-acre plant in Sandila industrial park, Uttar Pradesh, is expected [...]
The Federation of Retailer Association of India (FRAI) Tuesday sought tax cuts on daily use consumer goods to counter the high demand for smuggled and counterfeit products, which currently have a price advantage. The FRAI, a representative body of about 80 lakh micro, small and medium retailers in 42 member retail associations, raised its concern [...]
With a market capitalization of ₹ 599 crores and a share price of ₹ 4.50, Vikas Lifecare Ltd. (VLL), is a penny stock. The company is engaged in the business of manufacturing polymer and rubber compounds and specialty additives for plastics, synthetic & natural rubbers. up-cycled. It manufactures up-cycled compounds from industrial and post-consumer waste [...]
Industry body PHDCCI on Tuesday sought increase in the tax rebate benefits for consumption expenditure, reduction in the cost of doing business and hassle free disbursement of loans at affordable rates for businesses in the upcoming Union Budget 2023-24. "At this juncture, to enhance the consumption in the economy, there is a need to increase [...]
Binary options are a type of financial investment that has been gaining momentum in the last decade due to its potential for high returns. However, with the high profit potential associated with binary options comes an array of risks and related scams. As such, it is essential to be informed and vigilant when investing in [...]
Finance Minister Nirmala Sitharaman will keep on the path of fiscal consolidation and opt for narrowing the FY24 fiscal deficit to as low as 5.8 per cent in the upcoming Budget, analysts said on Tuesday. The government may go for a fiscal deficit number which will be far lower than the 6.4 per cent of [...]
