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VA Tech Wabag rose 1.19% to Rs 335.40 after the company said that its board has approved the appointment of Pankaj Malhan as deputy managing director and Group chief executive officer of the company, with immediate effect from 7 December 2022.

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The share price of the private sector lender has risen above the previous record high of Rs 919.95 set on October 27, 2022

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Due to a USFDA import alert on the Halol facility, the stock declines.

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The key equity indices managed to pare all losses and traded with decent gains in morning trade. The Nifty traded above the 18,600 mark. PSU banks extended their wining streak for sixth consecutive session. At 10:26 IST, the barometer index, the S&P BSE Sensex, was up 134.28 points or 0.22% to 62,544.96. The Nifty 50 index added 39.85 points or 0.21% to 18,600.35. In the […]

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Sundaram Clayton Ltd registered volume of 4.55 lakh shares by 10:45 IST on BSE, a 996.14 fold spurt over two-week average daily volume of 457 shares

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As a preliminary step, Leyland will revamp an existing fleet of 45,000 trucks, which RIL has contracted to transport refined products and other marketing goods.

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The RBI raised policy rate by 35 basis points to 6.25%, expectedly tempering the magnitude after three consecutive hikes of 50 basis points. Verbals were more hawkish than expected by analysts at IIFL Capital Services, as RBI seems worried on sticky core inflation and uncertain path forward, despite downgrading GDP growth (IIFL Capital Services’ estimates were well below RBI’s, at 6.5%).

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The company announced that it has entered into two M&A developments to support its transformation journey.

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Business Wire India Northleaf Capital Partners (“Northleaf”), a global private markets investment firm, today announced the opening of a new office in Tokyo, Japan. It is the ninth location in Northleaf’s global network and builds on the firm’s longstanding commitment to the Asia-Pacific (“APAC”) region, complementing its well-established presence in Melbourne, Australia.   The Tokyo office will be led by Jeff Pentland, a founding partner […]

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Japans gross domestic product contracted 0.8 percent on year in the third quarter of 2022, the Cabinet Office reported. On a seasonally adjusted quarterly basis, GDP fell 0.2 percent – again beating forecasts for a decline of 0.3 percent after climbing 1.1 percent in the three months prior. Capital expenditure was up 1.5 percent on quarter, in line with expectations and down from 2.4 percent […]

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