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With effect from 22 February 2022

The market reversed intraday gains and ended with modest losses on Wednesday, extending losses for the sixth day in a row. The Nifty ended a tad above the 17,000 mark after hitting the days high of 17,220.70 in early trade. Autos and financial shares declined while realty, consumer durables and metal shares advanced. As per the provisional closing data, the S&P BSE Sensex, fell 68.62 […]

The extension in the timeline provided by RBI would allow entities a smoother adoption of the tightened norm, if they look to align their reporting. NBFCs carry adequate provisions in the form of overlays, HFCs however have a lower buffer.

Baker’s Alley: Enabling Investors and Entrepreneurs Bake Hefty Profits

The Investment and Borrowing Committee of the board of Ugro Capital is scheduled to meet on Monday, 28 February 2022 to consider and approve raising of funds by way of issuance of non-convertible debentures (NCDs) through public issue.

TVS Motor Company announced that its two-wheeler exports clocked 1 million units (including sales from TVS Motor Company and PT TVS Indonesia) in FY 2021-22.

COMEX Copper moved up today as tight inventories on the exchanges clubbed with a stability in global risk appetite supported the metal. European equities saw good gains as investors focused on updates surrounding the situation in Ukraine amid receding fears of a full-fledged war. Major indices in Germany and France soared around 1.5% each and US dollar index pulled back under 96 mark. COMEX Copper […]

The Australian share market finished session higher on Wednesday, 23 February 2022, as investors chased for bargain hunting after sanctions by the Western nations against Moscow, with shares in mining and healthcare stocks being notable gainers. At closing bell, the benchmark S&P/ASX200 advanced 44.41 points, or 0.62%, to 7,205.69. The broader All Ordinaries index gained by 51.70 points, or 0.7%, to 7,473.87. The top performing […]

PNC Infratech has been declared the L1 (lowest) bidder in the following three (3) new Hybrid Annuity Modelled National Highway Projects of NHAI for an aggregate Bid Project Cost of Rs. 4384.0 crore. 1. Construction of Six lane upgradable to Eight lane of Package I of Kanpur-Lucknow Expressway in Uttar Pradesh on Hybrid Annuity Mode under Bharatmala Pariyojana (length: 17.15 km) 2. Construction of Six […]

ONGC, Hero MotoCorp, NTPC, L&T and JSW Steel are among the top losers on the Nifty while Kotak Bank, Titan, IndusInd Bank, Tata Consumer, Bharti Airtel are top gainers.