SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
4:14 PM
Latest News and Updates
- Uniparts India Limited has made a muted debut on the stock markets on Monday, listing at Rs 575, around 0.35% discount over issue price.
- After this flat landing, the shares of the company dip further to intraday low at Rs 536.50 and closes at Rs 539.65 per share. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
3:51 PM
Latest News and Updates
- Indian equity markets had a volatile day today. Recovery of early losses resulted in them ending on a flat note. Nifty 50 ended, up by 0.55 points.
- Sensex ended, down by 51.10 points.
- Top Gainers today were BPCL, Divi's Lab, Coal India. Top Losers today were Asian Paint, Infosys, Kotak Bank. Read More
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
3:34 PM
Latest News and Updates
- Abans Holdings IPO of issue size Rs 345.6 crore opens for subscription on December 12. The issue has saw mild bidding and subscribed on 6% by 3.30 PM.
- As per BSE data, the issue has received bids for 7,57,845 shares out of 1,28,00,000 equity shares offered for the subscription. The quota for retail bidders was subscribed only 9%, whereas the allocation for non-institutional investors subscribed 1% and qualified institutional bidders was not even off the mark.
- The company is offering its shares in the range of Rs 256-270 per share in between December 12-15. Investors can bid for 55 shares in a lot. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
3:31 PM
Latest News and Updates
- Sula Vineyards is India’s largest wine producer and seller as of March 31, 2022 and its IPO was open for subscription on December 12. The issue was opened for subscription at 10 AM and by 3.30 PM, the IPO was subscribed 18%.
- As per BSE data, the issue has received bids for 34,35,222 shares across both the stock exchanges against 1,88,30,372 shares on offer. The NII portion was subscribed 7% while retail portion was subscribed 33%. The QIB portion was not even mark off.
- The IPO of Sula Vineyards is available for subscription till December 14. The company has fixed the price band of the issue in the range of Rs 340-357 apiece.Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
2:44 PM
Latest News and Updates
- Oil and Natural Gas Corporation Ltd plans to invest Rs 2,150 crore in drilling 53 exploration wells in Andhra Pradesh: 50 in the Godavari on-Land PML (Petroleum Mining Lease) Block of KG Basin and three in the CD-ONHP-2020/1 (OALP-Vi) Block of Cuddapah Basin.
- The ONGC submitted two different applications for environmental clearance, which the Andhra Pradesh State-Level Environment Impact Assessment Authority (SEIAA) approved in a meeting last month. Based on its geological and geophysical research, ONGC claims that it will conduct 50 onshore exploration wells in the Godavari on-land PML block of the KG basin in the East and West Godavari Districts of AP between 2021 and 2028. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
2:34 PM
Latest News and Updates
- Atishay Limited stocks in focus as the company received major orders from RajComp Info Services Limited.
- As per the regulatory filing, RajComp Info Services Limited, a Government of Rajasthan undertaking awarded the work order for Design, Development and Implementation of Unified NOC Management System worth Rs1,78,77,000.00/- (RsOne Crore Seventy Eight Lakhs Seventy Seven thousand only), the company said. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
2:26 PM
Latest News and Updates
- Beginning on Tuesday in Bengaluru, the G20 summit is scheduled to cover a number of economic agenda issues and lay out the case for attending the February gathering of finance ministers and central bank governors.
- The Reserve Bank of India and the Ministry of Finance will co-host this conference from December 13–15. The first Sherpa Track conference took place in Udaipur earlier this month. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
2:05 PM
Latest News and Updates
- According to some news reports, Government may consider increasing the personal income tax limit to Rs 5 lakh in the upcoming budget for 2023-24.
- However, some news reports also stated that there is no certainty regarding this. The government may also go for the option of keeping personal income tax slabs unchanged. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
2:03 PM
Latest News and Updates
- SteelMint India reports that in November 2022, India's crude steel output increased by nearly 5% to 10.34 million tonne (MT). The report also reveals the top six steel producers (SAIL, Tata Steel, JSW Steel, JSPL, AMNS India, and RINL) produced 6.28 MT of steel, with the remaining 4.06 MT coming from the secondary market.
- According to SteelMint data, the nation produced 9.88 MT of steel in the same month of 2021. Large producers produced 6.09 MT of steel together in November 2021, while the secondary industry produced 3.79 MT, it continued. SteelMint reports that completed steel exports decreased by 53% to 0.34 MT from 0.72 MT in the same month last year, while imports nearly quadrupled to 0.60 MT from 0.31 MT. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
1:33 PM
Latest News and Updates
- In an otherwise range-bound market, Bharat Forge shares increased 2% to Rs 872.50 per share on Monday.
- The increase follows the management's affirmation of solid medium-term revenue forecasts, backed by expansion in the defense, aerospace, e-mobility, and aluminum areas. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
1:30 PM
Latest News and Updates
- Hindustan Oil Exploration Company Limited has resumed oil production from D-1 well in its B-80 field, located in western offshore, after arresting a leak in the SCSSV control line.
- As per the regulatory filing, due to the aforesaid issue, the well D1 was shut down and now brought on to production after the pumping of a sealant and opening the SCSSV isolation valve on the subsea tree. Currently both the wells are on production, and the flow rate of oil and gas of both D1 and D2 wells are about 1800 BOPD and about 9 MMSCFPD of gas, lesser than the capacity of the wells. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
1:27 PM
Latest News and Updates
- PSP Projects Limited informed that the company has received orders worth Rs115.49 crore excluding GST) in Institutional and Industrial categories.
- PSP Projects is a holistic construction company in India that provides a wide range of construction and allied services. It offers construction services throughout the value chain, from planning and design to construction and post-construction activities.
- Meanwhile, the company announced on Friday that it had received a letter of intent (LoI) from Nila Spaces for the civil construction of a prestigious residential project called "VIDA" at GIFT City Gandhinagar in Gujarat. The project entails the civil construction of 3B+G+33 floors of high-rise residential towers totalling Rs121.51 crore. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
1:16 PM
Latest News and Updates
- As per the reports of Economic times, fundraising via Qualified Institutional Placement (QIP) has fallen sharply after almost 6 years due to number of factors. As per data, till November of current calendar year only 13 companies cumulatively raised Rs 8,196 crore via QIPs, India Inc's quickest and most preferred fundraising route.
- As per the data from primary market tracker Prime Database, in 2021, 35 companies raised ₹41,997 crore, and in 2020, 25 companies garnered about ₹80,816 crore through QIPs. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
12:55 PM
Latest News and Updates
- Yes Bank shares rose about 7% in intraday trade in the Monday afternoon session, reaching a 52-week high of Rs 21.15 after the private lender received RBI approval to raise capital from Carlyle, Verventa Holdings.
- The Reserve Bank of India (RBI) gave Yes Bank the final approval for its proposed capital raise plan from the Carlyle Group and Verventa Holdings on Friday.
- "The bank has got two additional letters (one for each investor) regarding the proposed investment from the RBI. As a result, the bank will now engage with investors to complete the proposed capital raise, subject to various regulatory compliances and conditions precedent as specified in the respective investment agreements," Yes Bank stated in a BSE filing on Monday. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
12:37 PM
Latest News and Updates
- KPI Green Energy Limited has informed to the exchanges that the company is developing Solar Power Projects aggregating 24.90 MWp capacity from various captive customers under the 'Captive Power Producer (CPP)' segment.
- As per the regulatory filing, the company is developing the projects through KPIG Energia Private Limited and Sundrops Energia Private Limited, wholly owned subsidiaries of the Company.
- "Through the respective wholly owned subsidiaries, has commissioned 38.76 MWp Solar Power Projects under both CPP and IPP segment and upon commissioning of the new orders aggregating to 24.90 MWp total cumulative capacity of the solar power projects under both CPP and IPP segment shall stand at 63.66 MWp, through the wholly owned subsidiary companies", KPI Green Energy said on Monday in a filing. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
12:29 PM
Latest News and Updates
- Indian equity markets may see some volatility this week. US Federal Reserve will announce its interest rate hike decision this week. Until the decision is announced, there will be uncertainty. If the US Federal Reserve does not moderate its stand on inflation, and goes again for a 75 basis point hike, it will worsen the global economic situation. Indian economy too will be adversely impacted by it. Oil prices continue to come down. This is a positive factor for Indian economy.
- On the global front, Foxconn has seen a sharp drop in revenues because of the Covid lockdowns in China. According to International Air Transport Association, global airline industry is likely to return to profitability in 2023. The industry as a whole is expected to post profit of $5 billion in 2023, after 3 consecutive years of losses. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
12:20 PM
Latest News and Updates
- NTPC Limited informed that it has successfully commissioned of the first part capacity of 162.27 MW out of the 230 MW Ettayapuram Solar PV Project in Tamil Nadu.
- The Ettayapuram Solar PV project is declared on commercial operation effective from December 10, 2022, following the commissioning.
- As a result, NTPC's standalone installed and commercial capacity has increased to 57801.27 MW, while its group installed and commercial capacity has increased to 70416.27 MW. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
12:13 PM
Latest News and Updates
- The National Stock Exchange (NSE) and the BSE have listed Uniparts India's shares at Rs. 575, well below the issue price of Rs. 577 per share, giving the company's stock market debut a weak performance.
- After being listed, the industrial products company's stock fell to Rs. 538, or 7% less than its NSE issue price. At 10:10 AM, Uniparts India traded at Rs. 552, a 4% decline from its IPO price. The benchmark indices, in contrast, had a 0.7% marginal decline. On the NSE and BSE together, 3.8 million shares were traded. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
12:05 PM
Latest News and Updates
- India’s largest wine producer, Sula Vineyards IPO opens for subscription on December 12. The company has fixed price band of Rs 340-357 a share for its Rs 960.35 crore initial public offering (IPO).
- In the first two hours of opening of subscription the IPO is subscribed times by 12:00 PM. Check the details of subscription of the IPO in the table below: Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
12:01 PM
Latest News and Updates
- Abans Holdings IPO opens for subscription today at 10:00 AM. The IPO will conclude on December 15. The company has set IPO price at Rs 256-270 per share and expected to raise Rs 345.6 crore at the higher end of the price band.
- In the first two hours of opening of subscription the IPO is subscribed times by 12:00 PM. Check the details of subscription of the IPO in the table below: Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:58 AM
Latest News and Updates
- Zodiac Energy Limited informed that it received an order for designing, supplying, installing, testing, and commissioning a grid-connected 3 MWp ground-mounted solar system at various Ahmedabad Municipal Corporation utilities.
- This includes a contract for SCADA System with 5 Years Comprehensive O and M from Ahmedabad Municipal Corporation for Rs 8.91 crore in total.
- The company expects to complete the project within a period of 12 months from the date of location handover to the successful bidder. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:47 AM
Latest News and Updates
- Uniparts India shares have made flat debut on stock market today. The shares listed at 0.35% discount to its issue price. The stock started trading at Rs 575 on the NSE and the BSE.
- The IPO was entirely an offer for sale issue and was subscribed 25.32 times. Price band of the IPO was fixed at Rs 548 – 577 apiece.
- Further the stock dipped to intraday low of Rs 539 per share on BSE and NSE. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:44 AM
Latest News and Updates
- The Board of Directors of QGO Finance Limited at its meeting held on December 10, 2022 at 10:30 AM and concluded at 10:45 AM have, considered, approved the fund raising proposal by the company.
- As per the regulatory filing, the company has approved and taken on record the issue of Unsecured, unlisted, redeemable, Non-convertible Debentures (NCDs) under Private Placement basis up to Rs70,000,000 within the borrowing limits of the Company as approved by the shareholders, the company said.
- On Monday at around 11:46 AM, QGO Finance was trading at Rs38 per share higher by Rs1.20 or 3.26% on the BSE. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:43 AM
Latest News and Updates
- NIBE Limited informed that the company has signed a definitive agreement on December 09, 2022, to acquire the 100% stake in Indigenous Casting Technology Private Limited.
- The company stated that a 50% stake is to be acquired immediately post execution of the share purchase agreement and the balance 50% on receipt of NOC from MIDC at a total cash consideration of Rs 1 crore along with its all assets and liabilities as on date.
- Indigenous Casting has land admeasuring 7 Acres with factory shade in Pune, allotted by Maharashtra Industrial Development Corporation (MIDC) and inter se rights and obligations and other matters in connection therewith. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:39 AM
Latest News and Updates
- As strong selling pressure in domestic equities and a strong dollar in the international market dampened investor morale, the rupee fell 35 paise to 82.63 against the US dollar in early trade on Monday.
- At the interbank foreign exchange, the local unit had a shaky start versus the dollar, trading at 82.54, before losing more ground to quote at 82.63, falling 35 paise from its previous close. About the US dollar, the rupee ended the day on Friday 10 paise higher at 82.28. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:29 AM
Latest News and Updates
- Paytm’s loan distribution business expands to 6.8 million loans disbursed during the two months ended November 2022 (a 150% y-o-y increase), totalling loan disbursements of Rs 6,292 crore ($774 million, a 374% year-on-year increase).
- With over 5.5 million merchants paying subscriptions for payment devices, Paytm stated that MasterCard maintains its lead in offline payments.
- Consumer engagement is at an all-time high on the Paytm Super App, with 84 million average monthly transacting users (MTU) for the two months ending November 2022, up 33% year on year. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:23 AM
Latest News and Updates
- M3M India has purchased 1.3-acre land parcels in Gurugram for around Rs200 crore in order to construct a luxury commercial building, predominantly retail space.
- The site was purchased at an auction held by Haryana Shahari Vikas Pradhikaran and is close to IFFCO Chowk (HSVP).
- "The project will cost Rs250 crores.""This project's top line is anticipated to be $1 billion," the business stated.
- The project will include office space, a multiplex, and retail space. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:15 AM
Latest News and Updates
- According to the Finance Ministry, net direct tax receipts increased by 24% to Rs 8.77 lakh crore between April and November of the current fiscal year. This is equivalent to 61.79 % of the direct tax collection for the entire year, as estimated in the Budget Estimates (BE) for 2022–23. (April-March). For the fiscal year 2022–2023, the collection represents 61.79 percent of budget estimates.
- Budget projections put the direct tax revenue received this fiscal year at Rs 14.20 lakh crore, up from Rs 14.10 lakh crore (2021-22). Taxes on both business and individual income offset direct taxes. In any nation, tax revenue serves as a gauge of economic activity. Read More
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:10 AM
Latest News and Updates
- Mahindra Holidays & Resorts India Ltd expects to invest up to Rs 1,500 crore in expansion over the next three years, including room increases and resort purchases, according to firm MD and CEO Kavinder Singh.
- The business is also thinking of establishing a new, high-end brand for managing resorts, through which it would also aim to increase the number of Club Mahindra members. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:02 AM
Latest News and Updates
- According to the Economic Times reports, the Tata Group intends to construct a few compact, exclusive Apple stores soon. These stores, which are anticipated to only offer Apple products, will be situated in shopping centres, residential neighbourhoods, and few other selected locations.
- The Tata Group intends to establish similar little, exclusive Apple stores all around the nation. Apple is apparently working with Croma retail chain operator Infiniti Retail, which is owned by Tata, on this.
- According to the news, Infiniti Retail would thereafter join Apple's network of franchisees. These 100 tiny, specialized shops, which can be referred to as Apple Authorized Resellers, are anticipated to have 500–600 square feet of space apiece. They will be distinct from and smaller than Apple Premium Reseller outlets, which typically have square footage of 1,000 sq. Ft. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
10:49 AM
Latest News and Updates
- Sajjan Jindal's JSW Group is re-evaluating EV car production after giving up on an attempt in 2019 to enter the electric vehicle (EV) manufacturing market.
- The difference this time is that, unlike the group's previous offer, which was under JSW Energy, the EV business will probably be taken up by a private group organization.
- JSW Group has spoken with business-friendly states about the potential for constructing a factory and the probable incentives. The ideas are still in the early stages, and the company has not yet selected a technological partner. Read More
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
10:37 AM
Latest News and Updates
- Global Top automakers turn to India for engineers according to the news report by "Economic Times". In the past year, Daimler Truck set up a new Research & Development hub in India, while Mercedes-Benz and Volvo have expanded their existing facilities in the country.
- Accordingly, the worldwide shift towards electrification and autonomous vehicles is driving demand for software engineers, a largely untapped category for car makers until now.
- Work around electric batteries and hydrogen-powered fuel cells is being driven out of India, apart from the software and electronics that go inside the car. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
10:23 AM
Latest News and Updates
- Punjab National Bank (PNB) intends to issue additional tier-1 (AT1) bonds to raise Rs 1,000 crore in capital.
- The managing director and CEO A Goel says: While capital sufficiency is beyond regulatory standards, the bank would prefer to maintain an appropriate capital pool to enable credit expansion. Debt servicing costs for tier-1 bonds, a type of debt, are lower than those for servicing equity capital.
- At the end of September 2022, the lender with headquarters in Delhi had a capital adequacy ratio (CAR) of 14.74 %, Common Equity tier-1 (CET-1) of 10.88 %, and AT1 of 1.32%. 2.54 % represented tier II. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
10:16 AM
Latest News and Updates
- Air India is on the verge of signing an agreement with Boeing Co. for up to 150 737 Max jets.
- The Indian airline, which is owned by the Tata Group, is most likely to put in a definite order for 50 737 Max aircraft, with the option to purchase up to 150 more. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
10:02 AM
Latest News and Updates
- MTAR Technologies has signed a Memorandum of Understanding (MOU) with the Indian National Space Promotion and Authorization Centre (IN-SPACe) for the design and development of a two-stage to low-Earth orbit all-liquid small satellite launch vehicle powered by semi-cryogenic technology and capable of carrying a payload of 500 kg.
- Both parties have entered into a framework MoU for various requirements such as avionics, subsystem testing, launch facilitation, and any other requirements that may arise during the design, development, and launch phases. The agreement will be effective for three years.
- "The company has taken an all-liquid approach to leverage more than three decades of expertise in manufacturing liquid propulsion engines," said MTAR Technologies Managing Director Parvat Srinivas Reddy. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
10:00 AM
Latest News and Updates
- The acquisition of Lumenisity Limited, a pioneer in next-generation hollow core fiber (HCF) technology, by Microsoft has been announced.
- The software giant claimed in a blog post on Friday that Lumenisity's revolutionary HCF product may enable quick, dependable, and secure networking for large, international organizations.
- With the acquisition, Microsoft can improve the efficiency of its global cloud infrastructure and provide its Cloud Platform and Services customers with services that adhere to stringent latency and security standards. Read More
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:55 AM
Latest News and Updates
- According to the most recent price notification sent out by fuel retailers, petrol and diesel prices were stable on December 12 across metro areas.
- Delhi: Petrol and diesel cost Rs 96.72 and Rs 89.62 a liter
- Mumbai: Petrol is sold for Rs 106.31 per liter, and diesel for Rs 94.27 Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:46 AM
Latest News and Updates
- Affle (India) Limited has informed to the exchanges that a meeting of Board of Directors of the Company is scheduled to be held on Wednesday, December 14, 2022.
- As per the regulatory filing, the board approved to consider the proposal for issue of securities (including convertible or non-convertible) through preferential issue and/or any equivalent method permitted by applicable laws or any combination thereof and subject to approval of the shareholders.
- The purpose for issuance of securities may include issuance to facilitate any inorganic growth of the Company through swap of shares or otherwise, the company said. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:38 AM
Latest News and Updates
- Sandu Pharmaceuticals Limited informed the exchanges that it has entered into an MoU with Bach Ma Van Xuan Pharmaceuticals.
- The goal of this MOU is to strengthen business ties and broaden the scope of two companies in Vietnam and India. Bach Ma Van Xuan Company, in particular, distributes Sandus traditional medicine and cosmetic products in Vietnam.
- Bach Ma Van Xuan Company, in particular, distributes Sandus traditional medicine and cosmetic products in Vietnam. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:28 AM
Latest News and Updates
- The United States Food and Drug Administration (USFDA) has given Zydus Lifesciences Limited final approval to market Silodosin Capsules, 4 mg, and 8 mg. The company also received final approval to market Pregabalin Capsules in the following strengths: 25 mg, 50 mg, 75 mg, 100 mg, 150 mg, 200 mg, 225 mg, and 300 mg.
- Silodosin capsules are used to treat the signs and symptoms of an enlarged prostate gland, also known as benign prostate enlargement (benign prostatic hyperplasia or BPH).
- Pregabalin capsules are used to treat pain caused by nerve damage caused by diabetes or shingles (herpes zoster). It is also used to treat nerve pain caused by spinal cord injury and pain in fibromyalgia patients. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:25 AM
Latest News and Updates
- In the early trade of Monday, both gold and silver prices remained unchanged, with ten grams of 24 Carat yellow metal trading at Rs 54,440. The cost of silver, on the other hand, is currently Rs 68,100 per kg. According to the GoodReturns website, ten grams of 22-carat gold are selling for Rs 49,900.
- Price of 10 grams of 22 and 24-carat gold:
- Mumbai, Kolkata, Hyderabad, Kerala, and Pune: 10 grams of 24-carat and 22-carat gold was selling at Rs 54,440, and Rs 49,900
- Delhi: 24-carat and 22-carat gold was trading at Rs 54,600 and Rs 50,040 Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:19 AM
Latest News and Updates
- Rail Vikas Nigam Limited (RVNL) has formed a Joint Venture Company with Kyrgyzindustry - OJSC.
- The JV is for Construction of Rail road and other infrastructure projects in Kyrgyz Republic, the company said.
- At around 9:19 AM, Rail Vikas Nigam Ltd is currently trading at Rs67.75 per share up by Rs0.35 or 0.52% from its previous closing of Rs67.40 per share on the BSE. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:18 AM
Latest News and Updates
- Marico Limited has announced that it's wholly owned subsidiary, Marico South-East Asia Corporation (MSEA), has entered into a definitive agreement to acquire 100% of Beauty X Corporation. Beauty X owns female personal care brands "Purité de Prôvence" and "Ôliv", which offer a range of premium and differentiated hair care and skin care products in Vietnam, such as shower gels, shampoos, conditioners, face wash, lotions, among others.
- Purité de Prôvence, launched in 2011, honors pure and natural beauty with the know-how and ingredients of Provence, France, which come to life in various fragrances such as lavender, cherry blossom, rose, among others.
- Ôliv, launched in 2017, brings the goodness of extra virgin olive oil, combined with other natural ingredients, in its wide range of products for nourishment of hair and skin. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:18 AM
Latest News and Updates
- Gateway Distriparks Limited has announced the completion of upgradation work of rail-side capacity at its flagship Inland Container Depot (ICD) located at the Garhi-Harsaru railway station in Gurgaon with commissioning of the 6th railway line at the terminal.
- ICD Gurgaon is the largest hub of the company where Gateway Distriparks consolidates containers from its other locations in the North region, and is able to increase double stacking of containers for the longest distance while also using the operational segments of the Western Dedicated Freight Corridor to reduce transit time. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:18 AM
Latest News and Updates
- Va Tech Wabag Limited informed that Wabag Water Services S.R.L., Romania, its European subsidiary, has secured a repeat order from Purolite S.R.L., Romania worth approximately Rs260 crore (EUR 30 Million) towards upgrading the Industrial Wastewater Treatment Plant (WWTP) in Romania.
- The contract will have an Engineering and Procurement scope that includes design and engineering, equipment supply, installation, commissioning, and start-up of the Purolite Victoria WWTP. The project is expected to take 24 months to complete.
- The existing plant in Victoria, Brasov County, was built to treat 5,820 m3/day of wastewater generated by resin production. Purolite intends to increase production, which will result in an increase in wastewater flow. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:17 AM
Latest News and Updates
- V-Guard Industries (V-Guard) has announced that it has signed definitive agreements today for acquiring 100% stake in Sunflame Enterprises Private Ltd. (SEPL) for a consideration of Rs660 crore, on a cash-free, debt-free basis, subject to closing adjustments. The transaction is expected to close by mid of January 2023.
- The acquisition is in line with V-Guard's strategy to become a significant player in the domestic Kitchen Appliances segment. The Sunflame brand has a pan India presence with a strong brand recall. SEPL's wide portfolio, product development capabilities and the recently established state-of-the-art integrated manufacturing facility provide the perfect opportunity for V-Guard to scale up its Kitchen Appliances business while also unlocking synergy benefits.
- The transaction would be funded through a mix of internal accruals and debt. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:16 AM
Latest News and Updates
- MIC Electronics Limited has informed to the exchanges regarding Receipt of Letter of Acceptance from Kharagpur Division - Signaling and Telecommunication, West Bengal (South Eastern Railway).
- As per the regulatory filing, the loA been awarded the tender for (i) Supply, Installation, Testing and Commissioning of various passenger amenity items viz. GPS Clock, PA system, Multiple / Single Line Train information display board etc. for different suburban stations (MCA, PKU, ADL, SEL, BVA, ULB, BZN, HAU, BCK, TMZ & HLZ) over Kharagpur Division. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:02 AM
Latest News and Updates
- Indian equity markets may begin the day in red today. Friday saw net selling by foreign investors. Announcement by Federal Reserve on the next interest rate hike is due this week. Foeign Investors can therefore act in an uncertain way. Oil prices have fallen further. This is a positive development for Indian economy.
- US markets saw another weak closing on Friday. Higher than expected Producer Price Inflation saw stocks weaken. Dow Jones closed 300 points lower, with last hour weakness leading to the lower closing. Nasdaq closed lower by 77 after being flat for most of the day. Bond yields hardened to 3.58%. US$ index closed marginally higher at 104.93. Oil prices closed at 14 month low. WTI crude closed at US$71.69. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
8:54 AM
Latest News and Updates
- As a crucial Canada-United States crude pipeline remained closed and Russian President Vladimir Putin threatened to reduce production in retaliation for a Western price ceiling on Russian oil exports, oil prices increased by more than 1% in early Asian trade on Monday.
- Brent crude futures were up 83 cents, or 1.1%, to $76.93 per barrel. U.S. West Texas Intermediate crude was up 90 cents or 1.3% at $71.92 per barrel.
- In addition to not providing a timetable for when the Keystone oil pipeline would resume operations, Canada's TC Energy said on Sunday that it has not yet identified the source of the Keystone oil pipeline leak that occurred last week in the United States. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
8:52 AM
Latest News and Updates
- The initial public offer (IPO) of Abans Holding Limited, a financial arm of Abans Group is open for subscription from December 12 to December 15. The company has fixed the IPO price band at Rs 256-270 per share. Investors can bid for 55 equity shares and its multiples in a lot.
- The company aims to Rs 345.60 crore out of which Rs 243 crore are an offer for sale by promoter Abhishek Bansal. The net proceeds from the IPO are going to be used by Abans Holdings for investing in its Non-Banking Financial Company (NBFC) subsidiary Abans Finance. The funds will also be utilised for augmenting the company’s capital base in order to meet future capital requirements and general corporate purposes.
- The company has reserved 10% of the offer size for qualified institutional buyers, 30% for high networth individuals and the remaining 60% for retail investors. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
8:45 AM
Latest News and Updates
- The US health authorities have reprimanded Glenmark Pharmaceuticals for manufacturing errors at its Goa-based manufacturing facility, including failure to set up necessary laboratory control systems.
- In a letter of warning to Glenmark Pharmaceuticals Chairman and Managing Director Glenn Saldanha, the USFDA identified a number of violations at the company's Bardez-based facility in Goa, where medicinal formulations are made.
- The warning letter "summarises numerous infractions of Current Good Manufacturing Practice (CGMP) rules for finished pharmaceuticals," according to the US Health regulator, according to PTI. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
8:36 AM
Latest News and Updates
- The difference between the amount of electricity needed and the amount that is actually produced, known as the power deficit, decreased from 2% in April of this year to 0.2% in November.
- The amount has, however, climbed from 0.1% (124 million units) in October 2022 on a monthly basis.
- According to government statistics, the deficit stood at 2,752 million units (MU) in April of current year and decreased to 199 MU in November of 2022. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
8:35 AM
Latest News and Updates
- The Prime Minister, Narendra Modi laid the foundation stone and dedicated to the nation various projects worth more than Rs75,000 crore in Maharashtra on Sunday.
- The project includes national rail projects worth more than Rs1500 crore, National Institute of One Health (NIO), Nagpur and Nag river pollution abatement project, Nagpur. During the programme, the Prime Minister also dedicated ‘Central Institute of Petrochemicals Engineering & Technology (CIPET), Chandrapur’ to the nation and inaugurated ‘Centre for Research, Management and Control of Hemoglobinopathies, Chandrapur’.
- Addressing the gathering, the Prime Minister greeted on the auspicious occasion of Sankashti Chaturthi and hailed Lord Ganpati. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
8:33 AM
Latest News and Updates
- The initial public offer (IPO) of India’s premium wine producer and seller, Sula Vineyards is opening on Monday, December 12 and will conclude on December 14. The price band of the offer has been fixed at Rs 340-357 per share. Investors can apply for 42 equity share in a lot.
- Sula Vineyards aims to raise Rs 960.35 crore from its public offer. It is completely an offer for sale issue. The company will not receive any net proceeds from this issue.
- The company has reserved 50% of the offer size for qualified institutional buyers, 15% for high networth individuals and the remaining 35% for retail investors. Read More
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
8:31 AM
Latest News and Updates
- Foreign investors maintained their positive momentum after investing over Rs36,200 crore in the Indian equity markets last month and have bought net Rs 4,500 crore so far in December, primarily as a result of the decrease in the dollar index.
- However, due to their cautious position in anticipation of the US Federal Reserve's interest rate decision, foreign portfolio investors (FPIs) changed from buyers to sellers in the last four trading sessions, withdrawing Rs3,300 crore.
- Data from the depositories show that between December 1 and 9, FPIs made a net investment of Rs 4,500 crore in stocks. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
8:27 AM
Latest News and Updates
- One thousand charging stations will be installed throughout India by the end of 2023, beginning in Bengaluru, thanks to a cooperation between Exponent Energy, an EV energy business, and Park+, a top app for auto owners.
- By utilizing the real estate and public parking spots available to Park+, the cooperation will assist Exponent in developing a dense e-pump network. Charger anxiety has replaced range anxiety as the concern that Exponent and Park+ are working to address.
- The installation of charging stations will be marketed as "Park+ EV Zones powered by Exponent" and distributed throughout high-demand car deployment hotspots and toward high EV usage locations.Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
8:24 AM
Latest News and Updates
- In order to offer its retail products to consumers, private sector lender Tamilnad Mercantile Bank has partnered with life insurance provider Bajaj Allianz Life Insurance, the bank announced on Saturday.
- Under this strategic relationship, both new and existing bank customers will be able to take use of Bajaj Allianze Life's solutions, which include savings, retirement, and investment products.
- S Krishnan, the managing director and CEO of Tamilnad Mercantile Bank, and Tarun Chugh, the managing director of Bajaj Allianz Life Insurance, exchanged papers at a gathering to formalize their cooperation. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
8:22 AM
Latest News and Updates
- The excitement surrounding this year's FIFA World Cup in football-crazed Kolkata has been "unprecedented," with about 9,000 fans having already traveled to Qatar to see the highlight event and many more expected to come in the coming days, according to officials who talked to ET.
- Days before the semi-finals and final next week people are still asking about the availability of tickets, lodging, and travel packages to Qatar.
- "Eastern India has sent between 10,000 and 12,000 football supporters to Qatar, including over 9,000 from Kolkata. People are still very motivated to go to the semifinals and championship game, and we anticipate that at least another 1,500 Kolkatans will travel to the Arab nation "Travel Agents' Federation of India (TAFI) Eastern Region Head Anil Punjabi stated to ET. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
8:19 AM
Latest News and Updates
- According to a stock exchange filing, NDTV has offered Gautam Adani's company two seats on its board of directors in exchange for the pre-open offer 29.18% stake the ports-to-energy conglomerate had bought in the broadcaster.
- By purchasing a business sponsored by Radhika Roy and Prannoy Roy, the creators of the television network, the Adani group acquired a 29.18% share in NDTV. After that, it launched an open offer to public shareholders to buy an additional 26%.
- Despite the substantial discount from the stock's market price, investors were willing to sell over 53 lakh shares of New Delhi Television (NDTV) in response to that open offer. The shares presented amounted to 8.26% of the company, increasing the Adani Group's overall ownership in NDTV to 37.34% Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
8:16 AM
Latest News and Updates
- As it embarks on an ambitious revival under the Tata Group conglomerate, Air India is close to placing historic orders for as many as 500 jetliners worth tens of billions of dollars from both Airbus and Boeing, according to industry sources who talked to ET on Sunday.
- The report stated that as the final touches are being put on the massive deal in the coming days, they stated that the orders include as many as 400 narrow-body jets and 100 or more wide-bodies, including dozens of Airbus A350s and Boeing 787s and 777s.
- Such a transaction might surpass $100 billion at list prices, with any options, and rank among the largest by a single airline in terms of volume, surpassing American Airlines' combined order for 460 Airbus and Boeing aircraft. Read More
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
7:25 AM
Latest News and Updates
- The Singapore Exchange's Nifty futures traded 46 points, or 0.25%, lower at 18,545, indicating that stock markets may have a bad start to the week. The following ten stocks may show price movement in today's market. To check more hot stocks, click at: https://www.indiainfoline.com/markets/hot-stocks
- Bharti Airtel:
- The telecom company announced that it has approved the distribution of equity worth $8.6 million, or around Rs 71 crore, to holders of its January 2020 foreign debt bonds.
- NTPC:
- Ettayapuram in Tamil Nadu now has 162.27 MW of solar generating capacity, according to the state-run energy giant. Read More
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